The Infinity Expert Advisor is a scalper, trades are made when the resistance and support levels are broken in the direction of price movement.
Open positions are handled according to several situations / algorithms, depending on the market situation (fixed stop loss and take profit, trailing stop, position hold, in the event of trend indication, etc.).
- The EA is sensitive to the disperse, slippage, and speed of trade execution. It is not suggested to use the Expert Advisor using a spread of more than 15-20 pips (5-digit).);
- To ensure the best trading results, it is recommended to use ECN accounts;
- The Expert Advisor works only on 5-digit accounts (the minimum price step for EURUSD is 0.00001).
- Recommended timeframe: M30;
- Currency pairs: EURUSD, GBPUSD.
- Scalper Switch to turn on/off a scalper;
- Lot size-trading a fixed lot (if the Auto lot parameter is set = false);
- Auto lot-enable / disable automatic lot calculation in proportion to the balance (based on the Lot size value for a $1000 deposit);
- Take profit-closing a position at the target profit level;
- Stop loss-closing a position at the target loss level;
- Virtual Stop Loss-closing an order when the price deviates by the specified number of pips (in this case, the stop loss value is not physically set) ;
- Trail by breakeven – the trailing stop is enabled only when the breakeven position is reached (if the parameter is True);
- Trailing distance-short – short trailing distance (in pips), used in basic cases;
- Trailing distance – long – the long trailing distance (in pips), used in case of signs of a trend movement;
- Order Magic – a unique order number;
- Order Comment – the comment to the order;
- Maximum spread – the maximum allowed spread for trading in pips (5 digits);
- Maximum slippage – maximum level of slippage;
- Trading time filter-enable / disable the time limit for the EA operation;
- Stop trading from hour – the hour from which trading is prohibited;
- Start trading from hour – the hour from which trading is allowed.
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https://www.mql5.com/ru/signals/321186
The Expert Advisor is a scalper, its results strongly depend on the spread, the speed of your broker, the speed of the VPS, etc. In this regard, the test results may not fully match the actual trading results.
For the profitable work of the Expert Advisor, the following conditions must be met::
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