Sprocket is an expert who implements the principle of scalping. A minimum spread is required for correct operation. Which is a necessary condition.
There is an opinion that scalping is the lot of beginners. But in fact, it is wrong. In order to conduct a trading operation correctly for themselves, a trader needs to learn scalping, otherwise the result may be negative. That’s why this bot exists to be an assistant to a trader.
By setting timeframes for 1.5 or 15 minutes on the time charts of currency fluctuations, the trader has a profit at the level of several points, but in a short time period. And within a few hours there may be more than a dozen such intervals. The so-called scalpers, using their own method, usually set charts in the form of a “Japanese candle” and play on the fluctuations of the EUR/USD currency pair. The Sprocket bot will implement this functionality for you.
The negative aspect of scalping tactics is that the behavior of the trade cannot always be predicted by the trader. A very important role here is played by the trader’s intuition, his flair for manual work. This type of trading involves a lot of risk, despite the fact that the profit may not be a very large amount. In general, this tactic is applicable either for highly professional players or for beginners who use demo accounts in their work. And again, using the Sprocket bot will help you in business.
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It is necessary to test on all ticks.
If you want to test on real ticks, then these should be real ticks of a broker that has a correspondingly low spread, if the spread is too high (as in the case of a demo story from metaquotes), then you simply will not be able to conduct correct testing on such a story. Simply because of the fact that the story with a very large spread.
Parameters:
- TypeFilling – Set the execution policy.
- Magic – Magic number.
- Requotes – Slippage.
- Tim Pause – Pause between actions with an order.
- Try Order – The number of repetitions of actions with the reader, in case of signal loss in the network.
- Volume – Sets the lot size to enter the market.
- Money Management On – Activates Money Management.
- Lot Decimal – Rounding lots.
- Stop Loss – Stop Loss.
- Take Profit – Take Profit.
- Virtual Take Profit – Virtual Take Profit.
- Min Stops Level – Fixes the StopsLevel level.
- Max Spread – Limits the Max spread (at which it is still possible to enter the market).
- Min Spread – Limits the Min spread (at which it is still possible to enter the market).
- Commission – Commission in recalculation on the spread.
- ALGLT is an entry search algorithm.
- Pick Tiks – Tick peak in pips.
- Tiks AVG – Averaging of ticks.
- TypeFilling – Set the execution policy.
- Magic – Magic number.
- Requotes – Slippage.
- Tim Pause – Pause between actions with an order.
- Try Order – The number of repetitions of actions with the reader, in case of signal loss in the network.
- Volume – Sets the lot size to enter the market.
- Money Management On – Activates Money Management.
- Lot Decimal – Rounding lots.
- Stop Loss – Stop Loss.
- Take Profit – Take Profit.
- Virtual Take Profit – Virtual Take Profit.
- Min Stops Level – Fixes the StopsLevel level.
- Max Spread – Limits the Max spread (at which it is still possible to enter the market).
- Min Spread – Limits the Min spread (at which it is still possible to enter the market).
- Commission – Commission in recalculation on the spread.
- ALGLT is an entry search algorithm.
- Pick Tiks – Tick peak in pips.
- Tiks AVG – Averaging of ticks.
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