Question 1

What type of strategy does HarmonyScalper EA MT4 use?

Accepted Answer

It is a conservative momentum scalper that opens only one trade at a time with small Stop Loss and time-based exit.

Question 2

Is it safe to use?

Accepted Answer

Yes — very safe. It uses only 1 trade at a time, small 20-pip Stop Loss, and avoids all high-risk methods like grid or martingale.

Question 3

What is the risk level?

Accepted Answer

Low to Medium — The 10% risk setting is quite aggressive for a scalper. We recommend lowering it to 1–3% for safer trading.

Question 4

Does it use Martingale or Grid?

Accepted Answer

No. It strictly avoids both. Maximum trades allowed is only 1.

Question 5

What is the best account type?

Accepted Answer

It performs best on ECN accounts with very low spreads (ideally under 0.3 pips). Brokers like Tickmill Zero or IC Markets Raw are highly recommended.

Question 6

Is it suitable for beginners?

Accepted Answer

Yes, especially for beginners who want a simple and safe scalping EA. Just lower the Risk to 1–2% and use a small lot (0.01).

Question 7

Can I change the trading time?

Accepted Answer

Yes. You can adjust the StartHour, EndHour, and Minutes_Buy/Sell parameters to fit your preferred trading sessions.

HarmonyScalper EA MT4Premium