Scalper Robot

The whole idea about this project is merging the work of an indicator into an EA. Making it work as a Forex Robot.

Things expected from the Robot:

1, Execute Trades

2, Close Trades

3, Indicate Market direction

4, Place Take Profit (TP) and Stop Loss (SL) (These should be editable)

How it’s expected to work.

The Robot executes a new trade, based on the settings of the indicator it is following (due to the indicator’s setting imbedded into its programming). When market is going the other way, if the indicator changes direction, the robot is expected to close old open trade and place a new trade according to the indicators movement.

Also, it should be able to work on all platforms and all currency pair; so far the indicator will work on all time frame and currency pair.

If the market trend is going down, the robot places a sell order.

When market trend changes the other way, the robot closes the old trade and open a new buy trade, according to the indicator.

There should be an input section in the parameters settings, where desired figures can be input for the followings

1, Take Profit

2, Stop Loss

3, Lot Size

4, Any other important details needed.

The preferred indicator to be used is the Parabolic SAR.

Once the Parabolic SAR shows on the platform, the robot should execute a trade immediately, also setting the Take profit also the stop loss according the settings in its parameters.

Note:

Robot will be placed on different currency pairs (3 to 5) at the same time. The Robot must not close a trade that it did not open. Robot on EUR/USD closes only trades on EUR/USD. Also applies to other currency pairs.