The One Scalper
- Experts
- Constantin Eduard Stefan
- Version: 1.1
- Updated: 25 February 2022
- Activations: 5
The One Scalper expert advisor is made up by two strategies . First strategy uses important trade levels in order to open it's trades and the second strategy analizes the price movement continuously and if specific movement is detected it places pending orders very close (using the default settings) to the price , using small stops and trailstop for taking profit .
No martingale or lot size increase is used .
First strategy opens market orders at the most probable institutional target price levels . Profit and loss are calculated in the account currency .
The second strategy is mainly based on the possible mean return of the price when fast price movements occure. BuyStop or SellStop orders are placed shortly behind the price , taking into account that ussualy fast price movement up , may have a smaller fast down-movement also .
Low latency , small spread brokers are ideal for best results .
Recommended Timeframe : M1;
Recommended Pairs : EurUsd , GbpUsd pairs.
The default set file is built for the EurUsd pair M1 timeframe, GbpUsd set file can be found in the "Comments" section .