FRZ Harmonic Scalper is an advanced Expert Advisor (EA) designed for automated scalping in the forex market. This advanced trading tool utilizes harmonic price action patterns to identify high-probability trading opportunities across various currency pairs.
Key Features
- Harmonic Pattern Detection: The EA identifies advanced harmonic patterns, predicting potential price reversals with precision.
- Automated Trade Execution: Upon detecting a trading opportunity, the EA automatically places buy or sell orders based on the signal type, optimizing your trading strategy.
- Optimized for M15 Charts: The EA operates on 15-minute charts, perfect for capturing short-term market movements and maximizing scalping opportunities.
- Advanced Filtering Algorithm: It employs a sophisticated algorithm to filter out low-probability trades, ensuring only the most promising trades are executed.
Installation Video (This is for an older version)
Installation Steps
1. Go to MetaTrader>Options>Expert Advisors and tick “Allow automated trading” and allow the following URLs under MetaTrader options:
https://faireconomy.media
https://timeapi.io
2. Copy and EA to the MetaTrader Expert folder
3. Restart/refresh your MetaTrader
4. Load the EA to any supported pair on M15
5. If your broker’s pair names have any prefix or suffix add them under settings.
6. Change the lot size and other settings as necessary
EA Specs
| Product name | FRZ Harmonic Scalper |
| Platforms Supported | MT4/MT5 |
| Time frame | 15 Minute Charts |
| Recommended pairs | Any currency pair. Major pairs recommended |
| Suitable market sessions | Works on any session |
| Recommended broker | Any broker with low spreads/ECN accounts recommended |
| Minimum deposit, leverage, and lot size | $500 Minimum on 500:1 leverage. If leverage is less than this, you may have to increase the minimum deposit. Cent accounts can also be used. FRZ Harmonic Scalper |
| Current version | 12.1 |
The user manual is available on the knowledgebase.
Please note that the past performance of any trading system is not necessarily indicative of future results. Full terms and conditions are given here
Myo –
Working good for testing in demo for few days now on multiple pairs. Reasonable DD as usual with add on trades but manageable so far. limited number of setting to tweak, so less controllable. If add in Trailing start stop would be great in coming upgrade please
Mike –
it is a very good EA, but please can just add stop loss in the input, that could make it the best free robot I have ever came across
Mike –
it is a very good EA, but please can just add stop loss in the input, the could make it the best free robot I have ever came across
Julius de Los santos –
Very good ea almost 2 months in live gain 30 percent traded 7 major pairs..drawdown 20 percent.That for free ea..
Heshin Jamil –
Doing good!. Use it on many charts to get more trades; it wont take trades on all at once.
Jah –
Can we use this for traders view?
ForexRobotz –
No sorry. this is for MT4 only
Ajay Singh –
Can you provide the backtest for H1 as indicated in the description? Thankyou
Harin L –
Getting over 75% win rate within last 2 weeks. Hope it will continue that way!
Henney M. –
The new H1 version is a blast! Supper happy to have found this EA. This is probably the best price action pattern trading robot out there! Thank you for support in installation.
Anil H –
Good robot.
Edith Ryals –
So far so good. thanks for the setup support
Jasen Roy –
Great product. Works like a charm
Nirav Spurling –
Not bad although it missed some good opportunities. still profitable and worth it
Ennio McEwan –
Probably the best harmonic EA. captures most of patterns. Will try this month
Israel Garbutt –
Thank you. so far so good
Uthapn –
How do you find harmonic patterns?
ForexRobotz –
We are using an indicator (provided)
Geha –
What is the timeframe allowed?
ForexRobotz –
check specs
Kawth F –
Can we backtest this ?
ForexRobotz –
Yes