About: Xcalper is an automated strategy in form of an MT4 Expert Advisor which scalps low spread currency pairs such as EURUSD, USDCHF, EURGB, USDJPY and targets less than 5 pips or profit.
Strategy: Xcalper uses ADX indicator for finding a strong trend, ATR indicator for finding solid movements and checks different timeframes to enter a trade that can be closed in a reasonable time and profit.
Hedge Protection: This feature allows users to set a hedging position in order to save the scalping trade if trend suddenly changes direction. The hedge trade will be set as a BUY STOP or SELL STOP and will hit as soon as price reaches that level. Even if the E.A. is not working, the hedge position will work since it is set on broker’s server. If a scalping trade is opened and trend goes in the opposite direction of the opened trade, hedge protection feature opens another trade in the oposite direction with a higher size and closes both positions together.
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Xcalper Website http://xcalper.com/