Based mostly on the Arabic phrase “Miqas“, translating to “Scissors“, this EA represents an superior scalping robotic dealer. Certainly, it focuses primarily on using mathematical ideas of excessive frequency buying and selling (HFT). This implies sending numerous orders to fulfill revenue targets. In fact, conventional guidelines of threat administration are utilized in a really strict method.

Beneath is an inventory of the totally different traits of the skilled advisor:

• No Martingale.
• No Grid.
• No Hedging.
• Development Buying and selling.
• Excessive Frequency Scalping.
• ECN and non ECN compatibility.
• Automated Unfold Test.
• Stoploss and Takeprofit.
• Multicurrency buying and selling suitable.

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The traded account must be in accordance with the next necessities:

• Most Unfold of 20 on the traded pairs. (The extra the unfold, the lesser the earnings). Unfold might be variable, Miqas will routinely cease opening trades if the unfold goes above 20. It’s going to then begin once more when circumstances are met.
• The dealer has to permit excessive frequency sending of orders, (please contact through DM for recommendations).
• Each ECN and non ECN brokers are suitable, this needs to be laid out in EA settings.
• Minimal steadiness of 1000 USD.

Whereas the EA can commerce on most foreign money pairs, we HIGHLY counsel utilizing EURUSD, M5.

Every EA settings might be defined through DM. 

/! To vary lot dimension, change the “lots_div” setting.

Instance: If the account steadiness is 10,000 USD needed beginning lot dimension is 20, then lots_div must be equal to 50, as (AccountBalance / lots_div) / 10 = 20. (10,000 / 50) / 10 = 20. 

The EA has been examined on earlier knowledge (offered by DUKASCOPY and nation’s central financial institution) and is at the moment being live-tested.

Backtesting outcomes:

– First and second screenshot.

Livetesting outcomes:

– Please contact through DM for monitoring hyperlink.

An set up file will likely be supplied with a proof for every EA settings. An skilled advisor configuration file will also be created on demand after shopping for the product. Please contact through DM.

Typically, the EA would possibly ship the message “Order Modify Error” to the journal. That is completely high quality and Miqas is dealing with it routinely. (The difficulty is brought on by the dealer who doesn’t settle for extraordinarily quick modification of orders).

Any contact might be made utilizing MQL Market DMs. Industrial partnerships as nicely.

Miqas additionally has its personal assist and help channel! Discover it right here: 

Print(“Spectre Capital needs you success!”);

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