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GridScalper-Grid scalper fully automatic Expert Advisor for low-volatility night trading

Version of the GridScalper Expert Advisor for the MT5 terminal https://www.mql5.com/ru/market/product/36137

You can view the monitoring of the ADVISER’s work here https://www.mql5.com/ru/signals/732548

Features

Version of the GridScalper Expert Advisor for the MT5 terminal https://www.mql5.com/ru/market/product/36137

You can view the monitoring of the ADVISER’s work here https://www.mql5.com/ru/signals/732548

Features

– The Expert Advisor trades on 8 currency pairs (USDCHF, EURCHF, EURGBP, AUDUSD, USDCAD, EURUSD, NZDUSD, EURAUD) from a single chart
– The Expert Advisor uses more than five sets of optimal parameters for each currency pair and does not require optimization

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– The Expert Advisor does not use martingale
– The Expert Advisor uses the minimum number of input parameters available for understanding
– The EA does not enter trades with inflated spreads
– The Expert Advisor sets a fixed stop loss and take profit for all orders
– The Expert Advisor does not risk more than Max_Risk percent of the deposit
– The Expert Advisor brings the take profit closer to the order opening price in the event of an unfavorable market situation, in order to recapture at least a commission
– The Expert Advisor may not open any order if the Lot value is overstated and the Max_Risk value is underestimated
– The Expert Advisor can be installed on any currency pair and any timeframe
– The Expert Advisor’s money management system takes into account stoploss, spread, commissions, swap and balance
– The Expert Advisor can be installed on any currency pair and any timeframe
– The Expert Advisor’s money management system takes into account stoploss, spread, commissions, swap and balance

Recommendations

– Use the default Expert Advisor settings
-Any 4-or 5-digit broker with a narrow spread and fast execution of orders is suitable for trading
– The minimum recommended deposit is $100
-Before using it on a real account, test the Expert Advisor with the default parameters(the spread is no more than 5 for 4-digit quotes and not more than
more than 50 for 5-digit quotes)

Parameters

Slippage – price slippage, indicated for 4-digit quotes, calculated for 5-digit quotes
automatically
Magic – magic number
Lots – order volume
Max_Risk 
the percentage of the deposit at risk for the day
Trade_Hour – the trading hour of the Expert Advisor(in the settings it is specified for
brokers with the server time GMT 2, the value does not change if the broker switches to daylight saving time. If the broker has server time
GMT 0, then Trade_Hour=22)
USDCHF-true-trading on this symbol is allowed, false-prohibited
and others… further description of the parameters is similar to USDCHF

Before allowing the expert Advisor to trade on a particular currency pair, test the symbol in the tester on the history of your broker, because the Expert
Advisor is sensitive to the spread and execution speed. 
A high profit in the past does not guarantee the same high profit in the future.

Slippage – price slippage, indicated for 4-digit quotes, calculated for 5-digit quotes
automatically
Magic – magic number
Lots – order volume
Max_Risk 
the percentage of the deposit at risk for the day
Trade_Hour – the trading hour of the Expert Advisor(in the settings it is specified for
brokers with the server time GMT 2, the value does not change if the broker switches to daylight saving time. If the broker has server time
GMT 0, then Trade_Hour=22)
USDCHF-true-trading on this symbol is allowed, false-prohibited
and others… further description of the parameters is similar to USDCHF

Before allowing the expert Advisor to trade on a particular currency pair, test the symbol in the tester on the history of your broker, because the Expert
Advisor is sensitive to the spread and execution speed. 
A high profit in the past does not guarantee the same high profit in the future.


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