IchiScalper Review Introduction

IchiScalper is an official Forex robot for the well-known Australian Forex broker Synergy FX, they even provide it for free for any trader on their platform if he opened a real account and deposited A$5,000 (AUD) in it.

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Trading Idea

As its name suggests, Ichi is a scalper robot, taking advantage of AUDUSD while it's bound in a range and not trending high values before some retracement.

IchiScalper Criteria

License

One Real Account

Account Balance

A$5,000 (AUD) is the Recommended Minimum (If Deposited in A Synergy FX Account, You'll have IchiScalper for FREE).

Broker / VPS

Any Broker is Compatible while IC Markets Forex Brokers with TradingFX VPS are Recommended.

Technical Support

A Dedicated 24/7 Customer Support is Included.

Supported Currency Pairs

AUDUSD

MetaTrader Chart Timeframe

5M

Verified Live Performance Statement

This MyfxBook verified real money account has a previous trading history unrelated to IchiScalper, so it's set to have a custom start date when only IchiScalper started to trade on it.

Settings
Default Settings
Started On
May 04, 2020
Leverage
1:500
Broker
IC Markets
Starting Balance
A$100,000.00

Trading Strategy

The Sideways Trend

It's also referred to as the trendless, ranging or flat market and it occurs when there are no major difference between the start and the end of a certain period of time, denoting a market condition where prices are strongly expected to move back and forth between the support and resistance levels.

In other words, in a sideways market the prices are expected to return to near the previous price point at the end of its journey of highs and downs.

IchiScalper by its unique technology can detect a sideways trend and exploit its acute slopes to make important profits. It only trades AUDUSD which keeps in a sideways market 91%of the time.

Money Management

IchiScalper has an advanced integrated money management system and always uses auto stop loss and take profit values.

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    Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.

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