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A universal scalper with an averaged algorithm for getting out of a drawdown. In the Protected Article Expert Advisor
the author’s scalping strategy is used. More than a year of work on demo and live accounts. The adviser will be a good assistant
when scalping, trading on the news, as well as when opening a variety of transactions on different currency pairs. It must be run on
the chart of each pair you want to trade. The Expert Advisor parameters are clear and easy to configure.
The purpose of the EA
Results due to scalping on small market fluctuations. And closing a large number with a small profit (scalping). Mechanism used
withdrawal of unprofitable positions to break-even.
Principle
The EA trades in sharp tick fluctuations and looks for overbought and oversold zones. Orders are opened in these zones. When reached
after the specified profit, all orders are closed.
Description of input parameters
  • Spread Limit-limit of the spread for orders (in points);
  • Lots – fixed lot size;
  • AutoLot % – the function of money management;
  • Take Profit-take profit in pips;
  • Stop Loss – stop loss in pips;
  • Dist – the distance from the price at which the algorithm’s reaction occurs;
  • FilterTimeAndEventsOn – filter of trading by time;
  • HourStopMorning – hour to start trading;
  • HourStopNight – trading end time;
  • HourStopNightFriday – hour of the end of trading on Friday;
  • MinutesNews – do not trade on the news for minutes.
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  • Spread Limit-limit of the spread for orders (in points);
  • Lots – fixed lot size;
  • AutoLot % – the function of money management;
  • Take Profit-take profit in pips;
  • Stop Loss – stop loss in pips;
  • Dist – the distance from the price at which the algorithm’s reaction occurs;
  • FilterTimeAndEventsOn – filter of trading by time;
  • HourStopMorning – hour to start trading;
  • HourStopNight – trading end time;
  • HourStopNightFriday – hour of the end of trading on Friday;
  • MinutesNews – do not trade on the news for minutes.

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Published

16 February 2020

Updated

Current Version

1.0

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