Question 1

What type of strategy does Wise Scalper EA MT4 use?

Accepted Answer

Time-filtered scalping using Bollinger Bands + CCI during quiet sessions.

Question 2

What is the risk level?

Accepted Answer

Low to Medium — Only 1% risk per trade and strict session + spread filters.

Question 3

Is it suitable for beginners?

Accepted Answer

Yes. Very simple setup — attach it to M15 chart during the active hours and let it run.

Question 4

Which pairs and timeframe should I use?

Accepted Answer

Best on EURUSD, GBPUSD, USDJPY on M15 timeframe.

Question 5

Why does it only trade 1:00–5:00?

Accepted Answer

This is the quietest period with lower volatility and better predictability for scalping.

Question 6

Can I use it on a small account?

Accepted Answer

Yes. It starts safely with 0.01 lot and is suitable from $300–$500.

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