Advanced scalping advisor, with a system of recovery after losses. The EA has been tested from 2010 to the present day in various market conditions/periods (testing on an earlier period does not make sense, because spreads were very large and the market was very volatile). The results are close to real deals.
- Stop loss is always used
- No martingale/grid/hedging, etc. is used (the recovery function uses a 1-fold increase in the lot)
- Complies with FIFO rules
For testing, you need a history of 500 bars
The recommended pair is EURUSD. Timeframe H1.
Monitoring – Here
Risk recommendations (max) (with Recovery mode):
- 1:500 – Risk = 25;
- 1:200 – Risk = 10;
- 1:100 – Risk = 5;
- 1:50 – Risk = 2.5;
- 1:30 – Risk = 1.5;
Recommended – ECN/STP Broker with a minimum StopLoss level of 0-1 pips/spread of 0-5 pips (5 characters) /VPS server.
Parameters
Parameters
- Magic Number – transaction ID;
- Show Info Panel – show the information panel;
- EA Comment – comment on the Adviser’s transactions;
- Risk (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>>0) >> – the lot size based on the maximum risk per transaction;
- Lots (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>>0)>> – fixed lot size;
- Take Profit (in pips) – take profit;
- Stop Loss (in pips) – stop loss;
- Max Spread (in pips) – control of the current maximum spread;
- Buy Pending Shift (in pips) – shift for a buy order;
- Sell Pending Shift (in pips) – shift for a sell order;
- Winter GMT Offset – winter time zone of the server;
- EA Start Hour – the start hour;
- EA End Hour – the hour of the end of work;
- Friday End Time – the end time of work on Friday;
- Friday Start Time – start time on Friday;
- Minimum Profit for TrailingStop (in pips) – the number of points required to start a trailing stop;
- Trailing Stop (in pips) – the size of the trailing stop;
- Trailing Step (in pips) – the step of the trailing stop;
- Recovery mode (On/Off) – drawdown recovery function (on/off);
- Multiple start recovery –trailing) – coefficient for trailing, for the recovery function;
- Multiple lot for recovery mode – the calculation coefficient of the lot for the recovery function;
- Loss point for activate Recovery – the amount of loss in points for activating Recovery mode;
- Activate Recovery Force – forced activation of recovery mode.
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- Magic Number – transaction ID;
- Show Info Panel – show the information panel;
- EA Comment – comment on the Adviser’s transactions;
- Risk (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>>0) >> – the lot size based on the maximum risk per transaction;
- Lots (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>>0)>> – fixed lot size;
- Take Profit (in pips) – take profit;
- Stop Loss (in pips) – stop loss;
- Max Spread (in pips) – control of the current maximum spread;
- Buy Pending Shift (in pips) – shift for a buy order;
- Sell Pending Shift (in pips) – shift for a sell order;
- Winter GMT Offset – winter time zone of the server;
- EA Start Hour – the start hour;
- EA End Hour – the hour of the end of work;
- Friday End Time – the end time of work on Friday;
- Friday Start Time – start time on Friday;
- Minimum Profit for TrailingStop (in pips) – the number of points required to start a trailing stop;
- Trailing Stop (in pips) – the size of the trailing stop;
- Trailing Step (in pips) – the step of the trailing stop;
- Recovery mode (On/Off) – drawdown recovery function (on/off);
- Multiple start recovery –trailing) – coefficient for trailing, for the recovery function;
- Multiple lot for recovery mode – the calculation coefficient of the lot for the recovery function;
- Loss point for activate Recovery – the amount of loss in points for activating Recovery mode;
- Activate Recovery Force – forced activation of recovery mode.
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