Konstatine Forex Scalper Robot operates based on high volatility market impacts, placing orders consecutively during a price breakout. It is designed to open only one trade at a time, prioritizing the safety of the account balance.
Performance and Testing
The developer claims that Konstatine Robot EA has successfully passed a 10-year backtest using actual tick data and real variable spreads with commission from 2010 to 2019. Additionally, it has passed the Monte Carlo Robustness Test with 1700 simulation runs on order randomization, as well as the simulated Delay Slippage Test. The EA does not employ martingale or grid strategies and includes a hidden stop loss for every position.Recommendations
- Minimum Account Balance: $75 or adapt risk settings based on account equity and verify with back-testing.
- Optimal Timeframes: Works best on M15 and H1 but can operate on any timeframe.
- Operational Requirements: For stable results, run the Forex Scalper Robot on a VPS with very low latency (below 20ms) to avoid interruptions.
- Account Type: A low spread account is highly recommended for optimal performance.