Compact Scalper is a fully automatic expert Advisor that runs for a small amount of time every day.

It uses an algorithm that uses the price movement as the main indicator. This system has pre-set stop-losses and take-profits, but the main system for closing is dynamic closing, which takes into account the opening location of the order and the subsequent price behavior, orders are closed under the appropriate conditions. Each broker has its own principle of operation, therefore, it is impossible to act the same for everyone. All conditions must be configured individually for each broker, and Compact Scalper takes this into account and automatically adjusts. To simplify the work, several parameters have been added. Compact Scalper can be installed on a demo or live account of any MT4 broker.

You can load the set files in the signal descriptions.

Signals:

The system complies with the FIFO rules for closing orders.

If you have any questions, please send us a message and we will respond as soon as possible.

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• FIFO ? – Set the value to yes if your broker uses FIFO rules to close orders.
• COMMENT – User comment.
• Number magic – magic number
• Use Risk % – If true, the risk percentage per order is used (Risk% per order)
• Risk % per order – The maximum allowable risk at work.
• Lots Fixed – position size.
• Use Risk-specify true if you want to calculate the lot dynamically
• Lot Dynamic – dynamic calculation of the lot size as a fixed value from the capital
• Dynamic Stop Loss-if true, the dynamic stop loss is enabled
• Dynamic Stop Loss-select one of the available options from the drop-down menu.
• Stop_Low-this option sets a short stop loss
• Stop_medium-this option sets the average stop loss
• Stop_High-this option sets a long stop loss
• Dynamic Take Profit-if true, enable dynamic take profit
• Stop Loss – valid stop loss (dynamic stop loss must be set to false)
• Take profit – take profit (dynamic take profit must be set to false)
• Filter-drop-down menu with filter settings, select one of them.
• Compact_slow – select this option to work with the slow filter.
• Compact_Medium – select this option to work with the average filter.
• Compact_fast – select this option to work with the fast filter.
• Function-drop-down menu with a choice of (Function One) or (Function Two)
• Function One – use only one filter for orders.
• Function Two – use two filters for orders.
• Max orders – the maximum number of open orders.
• Max Slippage – maximum allowed slippage.
• Maximum spread allowed – the maximum allowed spread for opening an order.
• Allow new orders every “seconds” – the minimum interval before opening a new order
• Orders Buy-if true, activate buy orders.
• Orders Sell-if true, activate sell orders.
• Activate minimum distance-if true, activate the minimum allowed distance.
• Minimum distance between orders ( <=8 )– minimum distance between orders
• Start time –the start time.
• Start minute – the minute to start working.
• End Time –the end time of the work.
• End minute – the minute when the work ends.
• Orders in Weekly opening-if false, prohibits work at the beginning of the week.
• Use news filter ? enable or disable the use of the news filter.
• Do not operate if there is news in (minutes) – suspend operation for the specified time before the news is released
• Don’t operate if it was published a news time ago ( minutes) – suspending work for the specified time after the news is released.
• News Lines-if true, activate the lines.
• Filter News All Pairs-if true, enable news for all currency pairs.
• Include high impact news. – enable / disable important news.
• Include medium impact news – enable / disable news of medium importance.
• Include Low impact news – enable / disable low-impact news.
• Include Speaks – enable / disable news about speeches.
• High Impact Color – the color of important news.
• Medium Impact Color – the color of news of medium importance.
• Display Corner – the angle of information display.

• Compact_slow – select this option to work with the slow filter.
• Compact_Medium – select this option to work with the average filter.
• Compact_fast – select this option to work with the fast filter.

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