Scalper Bot: Top 5 Scalping Expert Advisors
Scalping is amongst the most advanced strategies, and advanced strategies require advanced tools. Using scalping software, scalping bots, scalp bot, and scalping AI along with artificial intelligence has become a must in the current scenario. Many traders even search for tools like aio bot captcha, simply bots, and clout bot to enhance automation.
If you are a scalper, this blog is for you. Here we will discuss the top scalp bots with pros, cons, and tips. It will help you in integrating the scalp trading AI tools in your journey and improve your overall journey. Many beginners even ask scalper mean or what scalping exactly includes this guide covers it.
What are Scaping Bots or Expert Advisors?
Scalping bots are automated tools designed based on artificial intelligence. It allows traders to identify opportunities, analyze the market, and execute trades automatically. Many crypto traders also rely on a crypto scalping bot for faster decision-making.
As you know, scalping is a high-frequency strategy where you enter trades for 10 to 15 minutes. Now, analyzing, identifying, opening, and closing trades manually for such a short time frame is quite difficult.
Scalpers use scalp trading AI bots to automate almost all their trading tasks. They enable traders to place multiple trades, monitor, and adjust them simultaneously. Some bots also support tasks like captcha solving, such as aio bot captcha tools.
A quick glance
Scalper bots work based on highly advanced software and predefined trading tools. It allows them to give trading signals to traders.
- Super Gold BOT EA
- 3 Commas
- Forex Robotron
- Forex furry
- XAU Bot
Scalper adds their trade criteria,
Scalpers exist because markets have tiny movements, and such traders take advantage of them.
No, using scalper bots is not illegal. These are just advanced tools based on artificial intelligence technologies.
Top 5 Scalping Bots in Trading
In the current market scenario, a scalper cannot place a trade without using an expert advisor or bot. Scalpers frequently search for an ideal bot to replace the existing one. Here are the options you can go for:
Super Gold Bot EA
Super Gold Bot EA is available on both MetaTrader 4 and MetaTrader 5. The bot is specially for gold scalpers who use 1-minute time frames. The tool has a great history of a positive track record and good customer feedback.
Pros
Stop loss on every trade
Ideal for normal and prop firm accounts
Based on predefined gold scalping rules
Supern model for risk control
Exception backtesting
Cons
Does not work well for other pairs
Cost you around $449
3 Commas
3 Commas is a popular crypto scalping bot with an excellent track record. With over 2 million trades registered, 2.4 million exchange accounts, 1.7 million strategies backtested, and 15.4 million strategies executed, it’s undoubtedly a great tool. Many users also compare it with clout bot and simply bots.
Pros
Customize the bot as per your needs
Trade diverse cryptocurrencies
Backtesting Available
Grid, signal, and smart trade bots are available
Access to all crypto exchanges
Low pricing
Cons
Scope limited to the crypto market
Forex Robotron
Forex Robotron is a fully automated scalping AI tool to trade diverse currencies. It is developed on the basis of highly advanced programming languages and tested with varial spreads with real slippage. It’s ideal for trading EURAUD, EURCAD, EURCHF, EURGBP, and EURUSD.
Pros
Multi-currency trading
Works for diverse strategies
High growth rate
Fully dedicated customer support
Positive strategy tester results
Cons
Can be used for scalping, but it is not specific to scalping strategies
Minimum recommended deposit $5000
Forex Fury
Forex Fury is another alternative to Forex Robotron, ideal for high-frequency strategies such as scalping, trend following, or grid trading. Traders with diverse strategies and risk-to-reward criteria use it. The expert advisor is available on both MT4 and MT5.
Pros
The best customization features
Works for both beginners and advanced traders
Tie up with reputed brokers
Cons
Can cost you $250
XAUBOT
XAU Bot is another leading scalping bot that offers you trading in forex, crypto, gold, stock, and indices markets. You will get access to proven trade strategies, a custom strategy builder, AI-powered trade insights, and a fully automated system.
Pros
Can build your own trading bot
Video tutorial and resources
Educational and insightful blogs
Cons
Customer assistance problems
Negative Reviews
Tips for Using Scalp Trading Bots Effectively
Struggling with using the sculp trading EA or scalping products effectively? Here are a few points that help you make the right choice:
Try Demo Account
Before jumping into real trades, go for demo accounts. Scalping is already complex, and using it with expert advisors makes it far more complex. So use a demo account first.
Select an Advanced Broker Platform
Sometimes, the scalping EA doesn’t work well due to the broker platform. Your broker should be competitive for highly advanced AI tools. Being a leading organization, we can also assist you in selecting the right broker after understanding your needs. Connect us to get Broker Assistance.
Backtest is a must
When using a scalping EA, backtesting is necessary. Backtesting is testing the accuracy of a system in the live market using efficient software. This will help you in analyzing the overall performance.
Check and Review Customer Feedback
You can identify the real problems and strengths of the scalping EA by reading customer reviews. Read the bot reviews, and connect with the traders using it.
Customize the Scalping Bot
Every scalper is different, with different time frames, risk, profit expectations, and trade criteria. Using the same EA is not at all a good idea. Almost every EA has a customization option available; make the best use of this feature.
Wrapping Up
Using a scalping bot is not a choice but a necessity. Automation, speed, accuracy, and diversity are the key elements of a scalping strategy. And when you are a scalper, you need all these.
A scalping bot may have some disadvantages, but you can deal with them with the right knowledge and efficient usage. At Market Investopedia, we provide you with access to advanced trading bots such as Grid or snipper bot for diverse traders. Fill the form to get an ideal expert advisor or trading bot as per your strategy.
