VTL Client Script: Daily Scalp

 

Dear traders,

This is a client side script developed in Vertex Trading Language(VTL).

Daily Scalp is a simple but useful Expert Advisor based in the last two candles and valid for one day.

It manages a defined StopLoss, TakeProfit and Equity percentage (default is 5%) which define the amount of trade.

Also it closes a trade if it is older than one day.

Rules for entering the trade:

1) Number of bars should be at least 10

2) Account free margin should be greater than 1 lot

3) If there are no open trades, when the last close is lower than the previous close to this one, open a SELL position.

4) If there are no open trades, when the last close is greater than the previous close to this one, open a BUY position.

Hope you find it useful,

Thank you,

ProgtorHAL

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