What app/software do scalpers use?

Beginner Questions
1

Hi all,
I’m curious what software do scalpers use. I’m not a scalper and i’m still using a demo account, but i’m stuck with MT4 or trading view and it take me a while to set up entry price and stop loss after figuring out the lot size, so I can’t imagining doing all that within a couple seconds if i’m trading the 1min candle. I looked at 1min candles and those things move fast!

is it possible to even scalp without keeping a fix lot size? cause if you use the same lot size your ratio risk reward ratio will be way off

edit I know MT4/5 has the one click trade, but that still wouldnt solve the problem of calculating lot sizes automatically

2

Hi, that is why scalper use EA to trade :grinning: Regards Greg

3

can you please explain a bit more? isn’t EA when you use a computer to trade on your behalf?

4

you can write code which calculates new size base on account balance for example % from the account. Regards Greg

1 Like
5

thanks for the info.
Since I dont know coding, is there somewhere where I can search and purchase such addons?

6

Hi, I don’t come across such an addons, it is best to put money management in the code. Regards Greg

7

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