Lightning Scalper EA is an automated expert Advisor that trades on breakouts that constantly occur in the market.

• Easy to set up and manage
• No experience required
• No optimization or analysis required
• There is no room for human error
• The initial deposit is $ 100, the starting lot is 0.01

The Expert Advisor has a number of useful functions:

• Only pending orders are used
• All orders are protected by stop loss and trailing stop
• Transactions are frequent, great for returning part of the commission
• Control of the spread can delete all orders
• Adaptive trailing stop system allows you to increase profits
• Does not use averaging, grid, or martingale
• trading in accordance with the NFA-FIFO rule

You only need a broker with good trading conditions:

• Spread commission should not exceed 1.2 pips
• Stop level – 2 pips
• Best results on EURUSD M15, but…
• It can also work on GBPUSD and USDJPY with any timeframe from M5 to daily.

The EA trades on breakouts. The decision to place pending orders is made based on the indicators of the indicator.

When pending orders are activated, they turn into market orders, and the EA manages open positions.

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As soon as the trade goes into profit, the built-in trailing stop system starts protecting the profit.

The Expert Advisor uses pending orders to reduce slippage. To make sure that the transaction costs do not cover the winnings, the Expert Advisor contains a spread control mechanism that removes all pending orders in the event of a high spread and restores them later when the spread returns to profitable values.

The following parameters affect trading.

• Max Slippage – maximum allowable slippage.
• Lots Fixed – fixed lot size for all trades.
• Lots Automatic-set the lot size depending on the account balance (‘x’ for every 1000€ / $ balance.)
• Max Spread: The maximum allowed spread size according to the pair and timeframe (recommended for M15 = 12).
• Average Spread: The average spread on the last ‘ x ‘ ticks (it is recommended to analyze the last 10/20 ticks).

Please note that the default parameters are optimal for M15.

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