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solacesystem is a trend scalper.
The Expert Advisor algorithm calculates price consolidation levels and opens trades if a strong market movement is expected.
The Parabolic SAR standard indicator is used to filter trade opening.
Distinctive features
- Martingale is not used.
- Does not accumulate loss.
- Uses take profit and stop loss.
- Trades are closed either by TP and SL, or using a unique trailing stop algorithm.
- Automatic lot calculation.
The Expert Advisor is fully ready for long-term automated operation.
It is recommended to work on VPS and ECN.
Trading Symbols
Recommended: EURUSD 5M, GBPUSD 5M with default settings. The Expert Advisor can trade any low-spread symbols.
Optimization is not required.
Configurations
- Comment to order – comments to the EA’s orders;
- MaxRisk – maximum risk level;
- if MaxRisk = 0, Lot will be – if MaxRisk = 0, this lot will be used;
- Take Profit
- Stop Loss
- SAR-step – Parabolic SAR step;
- Max Spread – maximum allowable spread;
- Magic – magic number to distinguish EA’s own orders.
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