EmperorEA
- Experts
- Lamont Simone Reynecke
- Version: 1.0
- Activations: 10
The Emperor EA is a scalping robot that uses advanced trading strategy to find entry signals – this strategy is used by professional traders for many years and now it is available to completely automate your trading experience if you are a complete beginner or expert.
No AI, Martingale or Grid needed. This is NOT the holy grail of trading. It will not make you rich over night and it is not risk free. Just a honest trading strategy with the idea to profit from quick trend accelerations.
This EA only scalp trades and locks profits as soon as they show with a superrrrr tigh sl insuring maximum profits all the way. You can also disable the trailing stop or make it less aggressive. This will help to reduce the impact of slippage.
Please note that I never recommend specific settings because I cannot say what will work in the future! Also be aware that live trading results might be different than testing results. This strategy is designed to work with a very tight trailing stop loss. This can lead to slippage, especially during news events or quick market moves.
<Trade Settings>
VolumeMode: All trades have a set lotsize with VOLUME_LOTS or a variable lotsize based on a defined risk with VOLUME_MONEY
Volume: Fixed lotsize (VOLUME_LOTS) or amount of money to risk (VOLUME_MONEY)
TpPercent (0 = No TP): The distance from entry to initial TP calculated as a percent of the entry price
SlPercent: The distance from entry to initial SL calculated as a percent of the entry price
TslTriggerPercent (0 = No TSL): The Trailing Stop is activated when a trade is TslTriggerPercent in profit (calculated as a percentage of the entry price)
TslPercent: The SL will be trailed in this set distance behind the current price (calculated as a percentage of the current price)
TslStepPercent: The SL will only be modified if it is at least this distance above the previous SL (calculated as a percentage of the current price)
<More Settings>
Start/Stop hour: you can adjust the amount of hours for the trading bot to take trades, even if you want to only trade Asian sessions it is possible, just adjust the time period accordingly
Magic: This number should be unique for every EA in your account since the EAs use it to identify their own trades
IsSendLogs: The EA will document some operations or show errors in the experts journal when true