Forex Scalper EA MT5
- Experts
- Igor Widiger
- Version: 1.1
- Updated: 7 September 2023
Forex Scalper EA trades three currency pairs simultaneously! The strategy is very simple: limit orders are placed in both directions until one is triggered. Pyramid scheme (multiple limit orders) increase profits when price moves in one direction or another.
This EA provides functions: Start Trading, End Trading, Сlose Order(Time), Pending Order Placement (Time),
Tralling stop (automatically according to strategy), trading can be switched off, daily range (strategy), stop loss per day (risk management),
Stop loss (risk management), take profit (money management), tracking stop and tracking step (strategy),
Risk per order (risk management) and much more!
Customizable settings:
At your own risk!! Use preset files from the seller!
EA settings
1: Trading on or off? (true/false)
2: magic number
3: Fix Volume - Percent Volume
4: Stop Loss (ontomatic!)
5: Day break when the day was in the red! (true/false)
6: Trailing in percent formula (true/false)
7: If the order is in % profit, then stop trailing
8: If the order is in % profit, then continue trailing
9: Take profit (points)
10: When the day is positive, quit trading (true/false)
11: Slippage (points)
12: Risk per order in %
13: Min risk per order in %
14: Monthly trading settings (January - December)
15: Trading days settings (Monday - Friday)
16: Trading satrt and ent (true/false, Trading start period and Trading end period) Set the time according to your country!!!
17: Order is closed (time in h)
18: Trade if the daily margin is greater than (1%) (true/false)
19: Trade when the daily margin is less than (1%) (true/false)
20: Trade id daily range is higher or lower than (%)?
21: No trade if the daily range is less than (%)?
22: If the daily range is higher than in (%) stop increase?
23: Use SL during the day or not (true/false)
24: Number of negative orders per day
25: 1+2+3 profit day formula. Stop loss per day
26 panel design setting
27: Pyramid system
This EA was tested at ICMarkets with leverage 500! Currency pairs EURUSD, GBPUSD and USDCAD.
It is best if you find a broker with a small spread and test it out in demo.
Unfortunately, I can tell a lot about a lot of things in terms of strategy because it's secret.
I wish you a lot of fun with the EA and good trades!