The Expert Advisor (Scalp Breakout) can be run on any hourly period, any currency pair, and on the server of any broker. Unique trading system! It is recommended to work on liquid forex pairs, with a low spread and use VPS. You can start using it with $ 100 and a lot of 0.01. The bot works on both Netting and Hedging account types. There is also a version for MT5.
This is high-frequency trading. It uses two trading options: with virtual and real stop-losses. Virtual stop levels (take profit, stop loss, and trailing stop) work like normal levels on the server / broker side, but they are invisible to your broker and are stored exclusively in the”memory” of the satellite. The expert system goes through the entire history and all currency pairs with a single setting. All the tests in the screenshots are made by a real broker. If there is a commission on the account, it must be converted to the equivalent of the spread and fill in the Commission field. The lower the commission and spread, the greater the profit. The more delay your broker has in the amount of the Internet channel, the more you need to set a stop loss, take profit and trailing stop, so that the server has time to process them at the right price and the lower the trading frequency will be. When testing, the spread can be adjusted and only use all the ticks!
It is necessary to test the bot on all ticks. The MT5 meta trader also developed testing on real ticks, but you need to understand that real ticks are collected as average for the market, they are not at all necessary for a scalpel-type bot, that is, we select a special broker with a specially low spread, and it is suitable for work but not as an average, which is only suitable for testing trend bots! That is, testing on real ticks (with an average historical spread) is not suitable for this development in any way!
Conditions before using this bot (carefully consider the choice and then the bot will work as intended):
- minimum possible spread,
- no commission or minimum possible commission,
- minimum stop levels for stops,
- minimum freeze levels for pending orders,
- also, the minimum ping (maximum Internet speed).
Parameters:
- TypeFilling – Type of order execution by execution (balance). Choose one for your broker.
- Magic-The Expert’s stamp.
- Requests – The maximum acceptable deviation from the requested price.
- Tim Pause-Pause if you need to retransmit the order to the server.
- Try Order – The number of repetitions of sending the order to the server, if necessary.
- Volume-Lot, works if the “Money Managemen On” field is disabled.
- Money Management On-Sets the lot automatically depending on the deposit.
- Lot Decimal-Rounding of lots.
- Stop Loss – Stop Loss.
- Take Profit – Take Profit.
- Virtual Take Profit – Virtual Take Profit.
- Min Stops Level – The minimum Stop Level if you want to set your own level other than the one set by the server.
- Max Spread-Limit on the spread.
- Commission – Commission in terms of the spread.
- Limit Ticks-Limit on the number of consecutive ticks in one direction.
- Value Ticks-Limit on the tick amplitude.
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The Expert Advisor (Scalp Breakout) can be run on any hourly period, any currency pair, and on the server of any broker. Unique trading system! It is recommended to work on liquid forex pairs, with a low spread and use VPS. You can start using it with $ 100 and a lot of 0.01. The bot works on both Netting and Hedging account types. There is also a version for MT5.
This is high-frequency trading. It uses two trading options: with virtual and real stop-losses. Virtual stop levels (take profit, stop loss, and trailing stop) work like normal levels on the server / broker side, but they are invisible to your broker and are stored exclusively in the”memory” of the satellite. The expert system goes through the entire history and all currency pairs with a single setting. All the tests in the screenshots are made by a real broker. If there is a commission on the account, it must be converted to the equivalent of the spread and fill in the Commission field. The lower the commission and spread, the greater the profit. The more delay your broker has in the amount of the Internet channel, the more you need to set a stop loss, take profit and trailing stop, so that the server has time to process them at the right price and the lower the trading frequency will be. When testing, the spread can be adjusted and only use all the ticks!
It is necessary to test the bot on all ticks. The MT5 meta trader also developed testing on real ticks, but you need to understand that real ticks are collected as average for the market, they are not at all necessary for a scalpel-type bot, that is, we select a special broker with a specially low spread, and it is suitable for work but not as an average, which is only suitable for testing trend bots! That is, testing on real ticks (with an average historical spread) is not suitable for this development in any way!
Conditions before using this bot (carefully consider the choice and then the bot will work as intended):
- minimum possible spread,
- no commission or minimum possible commission,
- minimum stop levels for stops,
- minimum freeze levels for pending orders,
- also, the minimum ping (maximum Internet speed).
- minimum possible spread,
- no commission or minimum possible commission,
- minimum stop levels for stops,
- minimum freeze levels for pending orders,
- also, the minimum ping (maximum Internet speed).
Parameters:
- TypeFilling – Type of order execution by execution (balance). Choose one for your broker.
- Magic-The Expert’s stamp.
- Requests – The maximum acceptable deviation from the requested price.
- Tim Pause-Pause if you need to retransmit the order to the server.
- Try Order – The number of repetitions of sending the order to the server, if necessary.
- Volume-Lot, works if the “Money Managemen On” field is disabled.
- Money Management On-Sets the lot automatically depending on the deposit.
- Lot Decimal-Rounding of lots.
- Stop Loss – Stop Loss.
- Take Profit – Take Profit.
- Virtual Take Profit – Virtual Take Profit.
- Min Stops Level – The minimum Stop Level if you want to set your own level other than the one set by the server.
- Max Spread-Limit on the spread.
- Commission – Commission in terms of the spread.
- Limit Ticks-Limit on the number of consecutive ticks in one direction.
- Value Ticks-Limit on the tick amplitude.
- TypeFilling – Type of order execution by execution (balance). Choose one for your broker.
- Magic-The Expert’s stamp.
- Requests – The maximum acceptable deviation from the requested price.
- Tim Pause-Pause if you need to retransmit the order to the server.
- Try Order – The number of repetitions of sending the order to the server, if necessary.
- Volume-Lot, works if the “Money Managemen On” field is disabled.
- Money Management On-Sets the lot automatically depending on the deposit.
- Lot Decimal-Rounding of lots.
- Stop Loss – Stop Loss.
- Take Profit – Take Profit.
- Virtual Take Profit – Virtual Take Profit.
- Min Stops Level – The minimum Stop Level if you want to set your own level other than the one set by the server.
- Max Spread-Limit on the spread.
- Commission – Commission in terms of the spread.
- Limit Ticks-Limit on the number of consecutive ticks in one direction.
- Value Ticks-Limit on the tick amplitude.
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