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First Shot

The Expert Advisor is a trend scalper.

The martingale is not used.

The strategy is based on defining the volatility level change as compared to a certain time period in the recent past. When a price movement becomes unusually active within a certain time period up to this point, the EA begins its work. A simple Moving Average serves as a movement direction filter.

The EA settings allow limiting its operation during spread and slippage expansions.

A trading lot is calculated depending on a stop loss. The smaller the stop loss, the larger the lot. When a trade is closed by a stop loss, you lose a deposit % set in MaxRisk.

Recommended instruments:

  • GBPUSD M5;
  • EURUSD M5;
  • USDJPY M5;
  • USDCAD M5.


Parameters

  • Comment to order - comment to orders;
  • MaxRisk - maximum risk per trade;
  • if MaxRisk = 0, Lot will be - lot size if MaxRisk=0;
  • Max orders in the market - maximum number of simultaneously opened orders;
  • Take Profit - take profit;
  • Stop Loss - stop loss;
  • MA-period - MA period;
  • Enable trailing-stop - enable trailing stop;
  • Trailing Start - trailing stop start;
  • Trailing Step - trailing stop step;
  • Max Spread - maximum spread;
  • Slippage - maximum slippage level;
  • Magic - magic number for distinguishing orders.


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