M1 Scalping bot Pro
- Experts
- Andrey Kozak
- Version: 4.0
- Updated: 2 February 2023
- Activations: 20
M1 Scalping bot Pro - scalper robot for M1 timeframe. Recommended currency pair GBPUSD and EURUSD. The minimum trading balance is from $700. This automated scalper robot was created according to our trading system, which we have been testing for 8 months. Having collected the required number of trading results, we decided to write an automatic robot for this trading strategy. We also have a trading signal, where we demonstrate in real time the trading results of this trading strategy, according to which we wrote the robot.
Description of the trading strategy:
For 1 year we have been creating a trading strategy that will work effectively on the GBPUSD and EURUSD currency pairs. These are the main currency pairs we trade on, that's why we developed the trading system for them. It was important for us that the system worked on the lowest M1 timeframe and could open many trades in one day. That is, we wanted this trading system to work on a scalping strategy. And we were able to achieve the desired result. This trading system consists of 11 indicators and analysis of support and resistance lines. We analyze the market on M30 and M1 timeframes. When 7 or more indicators show growth on the M30 timeframe, and 8 or more indicators show the market is oversold on the M1 timeframe, we open a buy trade. Stomas are placed along the resistance lines. For sale, we work in the same way, only in reverse order. We always set the lot size no more than 10% of the balance. That is, if we have a balance of $1000, then we set the lot no more than 0.1. Also, if the price goes against the market, we open additional orders, but also move stops to breakeven.
What indicators does this trading system use:
- Accelerator Oscillator
- Accumulation/Distribution
- Bears power
- Bollinger Bands
- Commodity Channel Index
- Envelopes
- Ichimoku Kinko Hyo
- moving average
- Parabolic Stop And Reverse System
- Relative Strength Index
- ZigZag
Advantages of this robot:
- the robot does not use martingale.
- the robot does not use the grid.
- the robot insures all transactions with the help of StopLoss and TakeProfit.
- if the market goes in the other direction, the robot moves trades to breakeven.
- the robot was created according to a trading strategy that was tested for 8 months of trading in manual mode.
- This is a scalper robot that trades intraday.
Robot settings:
- Lots - in this parameter we specify a fixed trading volume for the robot for each opened order. The robot will open orders with the volume specified in this parameter.
- distance - distance at which the robot will place pending orders.
- barrier_opening_trades - specify the number of points from the opening price. after which the pending order will be deleted if it did not work.
- timing - specify the amount of time in seconds after which a pending order can be deleted if the price moves in the other direction.
- modification_period - specify the number of points after which an open order will modify its stops.
- TrailingStop - TrailingStop size.
- StopLoss - StopLoss size.
- max_orders - the maximum number of orders that can be opened at the same time.
- stoplevel - order freezing level.
- tick_volume - accumulated tick volume after which an order will be opened.
- modification_factor - order modification factor.
- Slippage - the robot falls asleep after opening a deal.
- Max_Spread - the maximum spread at which the robot will open new orders.
- Magic - robot's magic number.