Scalper EA V2 is a good EA that uses tested as well as successful strategy to trade Forex. The recommended time frame is 1 minute and currency pair EURUSD. This system will work only on 5-digits brokers. Even if you have a 5 digit broker, a few currency pairs such as usd/jpy or eur/jpy will still have 3 digits and scalper V2 will not trade on anything under 5 digits.
I’m capable to perform BT on live account but not tested live so far. However, I am worry did will do similar work on live, since there is no real broker what will provide you finest spread and good slippage on spikes or that type of market. But, I will check it on live anyhow. In contrast, there are brokers that will provide good results with this kind of trading on high news and spikes in live account. I am familiar with it because I have traded MDP live since August 2012.
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