Neelo Scalper EA

 Neelo Scalper EA FOR MT4

EA works on based on HFT (high frequency trading) algorithm. Its mean trades average holding time remains in seconds. EA put two stop orders 1 buy stop and 1 sell top and two limit orders 1 buy limit and 1 sell limit at near current price. And these 4 pending orders frequently keep modifying at predefined timer in seconds at predefined distance from current price. And during news events and sudden high volatility events EA took these orders into trades. And while a pending order becomes a trade after it other pending order deleted and trailing stop function started.

Live Account Monitoring

https://www.mql5.com/en/users/shahidjalally/seller

FeaturesReady to go without any particular setup.Minimum deposit: $100 or above.It is possible to set the maximum spread size.Supports any execution type.The Expert Advisor works with any broker, but FBS Broker and it’s ECN account type recommendedThe product works with three and five-digit quotes.ECN account is recommended.

AdvantagesNo martingale.No hedging.No risky strategy elements.

Parameters

• Lot – Lot
• AutoLot – Automatic Lot
• Capital Risk Percent – Capital Risk Percent
• MaxSpread – MaxSpread
• StopLoss – StopLoss for Stop Orders in Pipettes
• LStopLoss – StopLoss for Limit Orders in Pipettes
• TrailingStop – TrailingStop in Pipettes – Recommended Value 2 and default  is 20
• TrailingStep – TrailingStep in Pipettes – Recommended Value 2 and default  is 20
• Trail – Trail in Pipettes – Recommended Value 2 and default  is 20
• MAGIC – Magic Number
• Slippage – Slippage
• StartHour – Start Hour In Server Time – Recommended Value 3 and default  is 11
• EndHour – End Hour in Server Time – Recommended Value 23 and default  is 18

Requirements:No need specified leverage for automatic lot calculation as this function works at any leverage, even recommend is 1:500Recommended pair: GBPUSD onlyTimeFrame: H1VPS: A VPS with good latency rate.