Find out if automatic trading fits your account.
Answer 6 short questions. You see how many losing trades in a row your account can take, based on your own risk. Then you decide.
Choose the option that fits you.
Each option has a few short questions. At the end, you see a result based on your answers.
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When the price breaks a level and falls back, the system trades the other way.
The price often moves above the highest price of the last hours. Then it cannot stay there and falls back. The system waits for this. It checks the move on the 5-minute chart. Then it opens a trade in the other direction. The target is a nearby price that the market has not returned to yet.
- 01Watch the 1-hour chart. The system marks the recent high and low.
- 02The price breaks through, then falls back. It cannot stay above the high, or below the low.
- 03The 5-minute chart confirms. The system sets the direction, entry price, stop-loss and trade size before it opens the trade.
- 04Protect the trade, then aim for the target. Early in the trade, the stop-loss moves to the entry price. If the market turns, the trade closes near the entry price, not at the full stop-loss.
- The price moves up and down during the day. This happens on most days.
- The price breaks a recent 1-hour high or low and then falls back. The 5-minute chart confirms this.
- It trades gold and other metals, large stock indices and some futures. It trades only during New York market hours.
- The price moves in one direction for hours and does not come back.
- The price has already moved much more than usual that day.
- It is a US market holiday. Also, every day it closes all trades before the New York market closes.
We made these rules on purpose.
All times are New York time.
The system trades during New York market hours, 09:30 to 16:00. It closes all trades before 16:00. The London market opens earlier. When both markets are open, prices usually move the most. The clock below shows the time now. It changes for summer time in both cities.
The risk on each trade is fixed. Every trade has a stop-loss.
The system is built to have many small wins, many small losses and few full losses. It is designed so the account falls less during losing periods. The cost: some trades close early and miss a bigger move. We chose this on purpose.
- We keep every version of the code.
- Every change has a written reason.
- Before each release, we check every line and test that the code builds without errors.
Outside websites check our live accounts.
We connect our live accounts to outside websites with a read-only password. These websites check that each account is real. They show every trade. You can see the results there.
These numbers are for the Euronis Scalper, our oldest system. They are not for the current New York system. Past results, in tests or live, do not show what will happen in the future. Trading with leverage (borrowed money) has a high risk of loss.
Use it next to your other trading.
The system trades on days when the price goes up and down. Trend systems usually do badly on those days. It also closes all trades every evening. This is why it can run next to other systems.
- Good next to trend or swing systems, because it trades on different kinds of days.
- For traders who want the stop-loss and the trade size set before each trade opens.
- Not for people who expect no losing months, or who want to catch every big move.
- There is no minimum deposit. You decide how much to risk on each trade, and how many losing trades in a row you can accept. On very small accounts, the broker's smallest trade size can make the real risk higher than the risk you chose.
The Euronis Scalper. Trading since 2009. Still running.
The Euronis Scalper trades currencies on MetaTrader 4 and 5. It trades 10 currency pairs around the end of the trading day. It has a record from 2009. 7 outside websites check its live accounts. You can still get a licence. We still support and update it.