Market / MetaTrader 4 / Experts /

BScalper

200 USD

Demo downloaded: 555

Published: 20 July 2017

Current version: 1.1

BScalper

Experts
Alexandr Maltsev
Version: 1.1
Updated: 31 July 2017
Activations: 5

The BScalper Expert Advisor is a flexible tool for searching and exploiting the regularities of the flat market conditions.

Advantages and features

The EA has a high speed of optimization and testing.
Each trade involves a stop loss.
The EA does no use hedging, martingale, grid and other risky strategies.
Suitable for various financial instruments.
Entries and exits are performed at market.
The Expert Advisor is based on the Bollinger Bands indicator.
The EA gains advantage of the time periods that are most suitable for trading return movements.

Input parameters

Magic - identification number of trades.
Deposit - deposit position size calculation is based on.
Risk - risk per deal in %.
Lots - position volume in lots.
MaxMargLev - orders will not be opened if the current Level value on your account is less than the specified value.
StopLoss - stop loss in points.
TakeProfit - take profit in points.
StartHour - trading period start hour.
TradingHours - trading period width in hours.
buys - allow buy orders.
sells - allow sell orders.
inPeriod - indicator period for entering a position.
inDeviation - indicator deviation for entering a position.
outPeriod - indicator period for exiting a position.
outDeviation - indicator deviation for exiting a position.
iShift - shift of the indicator in relation to the price chart.
iTimeFrame - indicator timeframe in minutes (recommended 1).
iMinTunnel - indicator channel minimum width (distance between the upper and lower Bollinger Bands), at which positions can be opened, in points.
CloseByOpositePos - close the current position when the opposite signal appears.
CloseByEndPeriod - close all positions at the end of a trading period.

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Version 1.1 2017.07.31

At the request of one of the clients, I added the MaxMargLev parameter. Orders will not open if the current value of margin level on your account is less than the specified parameter.