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Phoenix MT4

Indicator-free EA, does not use indicators, a grid of orders or martingale. The number of trades per day can be strictly limited, only 1 order can be in the market at a time. Transactions are protected by stop loss, it can be either real or virtual (hidden from the broker). Works during the Asian session, in a calm market. It has built-in protection against slippage and spread expansion. It does not transfer transactions from Monday to Friday, it has the function of automatically closing trading on Friday.

The strategy uses price patterns - this is a universal method for determining the direction of a short-term trend. It has a convenient Money Management, a fixed lot for each N balance. The graph displays trade statistics , growth in tuning and optimization.

The default working timeframe is M5, the symbol is EURUSD. The following pairs are suitable for the EA: GBPUSD, USDCAD, EURUSD, USDJPY, USDCHF, AUDUSD, NZDUSD ...

PARAMETERS:

  • START_HOUR, START_MINUTES - hour and minute of the start of trading;
  • STOP_HOUR, STOP_MINUTES   - hour and minutes of completion of trade;
  • TIMEFRAME_ATR - timeframe for calculating average volatility;
  • PERIOD_ATR - period of calculation of average volatility ;
  • RATIO - percentage coefficient for the signal;
  • COUNT_CALC_BARS - the number of bars in the pattern;
  • TRADE_BARS the number of bars for the signal;
  • VOLATILITY_SIGNAL - signal within volatility;
  • BID_SIGNAL - signal at the price of Bid;
  • MAX_TRADES_PER_DAY - maximum number of transactions per day for one symbol;
  • FRIDAY_CLOSE_HOUR, FRIDAY_CLOSE_MINUTE - hour and minute of closing orders on Friday;
  • FIXED_LOT, FOR_EVERY_N_BALANCE - fixed lot for each N balance;
  • TRADE_DIRECTION - direction of trade;
  • REVERSE_POSITIONS - position reversal;
  • VIRTUAL - virtual stops;
  • STOPLOSS, TAKEPROFIT - stop loss and take profit;
  • MAGIC_NUMBER, ORDERS_COMMENT - magic number and comment;
  • MAX_SLIPPAGE, MAX_SPREAD - maximum slippage and spread;
  • SHOW_INFO - display trading information;
  • TEXT_COLOR, LANGUAGE - text color and language of information output;


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This scalper Expert Advisor uses instant execution pending orders. No grid and martingale. Each trade is protected by a tight stop loss. It is designed for 4-5-digit quotes. The EA is recommended for use on EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP, and EURCHF. VPS is required for flawless operation, minimum deposit is 100 units of the base currency. Timeframe – from M15 to H4. Optimization tip! Only several parameters should be optimized for the period of the last f
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Experts
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Version 1.2 2022.03.03
update for new build
Version 1.1 2020.07.14
added ММ