The EA "Multi Group Scalping EA [Breakout Master Bar]" is an interesting Scalping strategy that uses the breakout of a Master Bar candlestick within the RSI Oversold/Overbought zones as its trade entry point.
The system features a Rebalance order management system capable of taking profit in both the Follow Trend and Trade Recovery modes.
The backtest results show high profits, but also a high Drawdown if the initial capital is small. This risk can be mitigated by increasing the starting capital. This strategy demonstrates potential for profitability in volatile markets, but users should consider money management carefully.