The installation process of the Ray Scalper on MT4 is pretty simple. You only need to download the installation files of the robot to your computer and put them into the right folders of your MT4. Learn how to install and run EA on MT4 and trade with Ray Scalper without problems.
Ray Scalper details
- Gain 49.48%
- Monthly 1.21%
- Drawdown 17.72%
- Days in Live 2899
Ray Scalper is a product of PhiBase Technologies.
Ray Scalper is based on the concept of ray tracing. Support / Resistances are calculated using Fibonacci levels, weekly classical pivots and other standard methods. These levels are considered as objects. The EA close of every 15 minutes. The default target price (H1 ATR) is placed at distance about 6 hours. Rays that were able to reach the target without cutting through any support / resistance levels. The EA opens a long or short trade based on the best possible direction. Stoploss is placed at 4x the H1 ATR. This allows the EA enough room to close trades which does not work immediately in its favor.
How to install the Ray Scalper on MetaTrader 4?
What is the profit level of the Ray Scalper on the real/demo account?
The Ray Scalper has been able to reach the profit level of 49.48% during the live/demo trading period. These results are proven by one of the respected third-party companies.
What is the drawdown level of the Ray Scalper on the real/demo account?
The Ray Scalper has been able to keep the maximum fixed drawdown level of 17.72% during the live/demo trading period.
How much does the Ray Scalper cost?
The official developer of the Ray Scalper has announced the price of the Ray Scalper to be $450.