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MFL scalper01 is a fully automated “scalping” trading system.
Most positions are closed within one hour.
This EA does NOT use grid, martingale, averaging down or any other risky trade management methods.
BASIC Information:
| Currency pair | EURCHF, GBPCHF |
| Timeframe | M5 |
| Minimum deposit | $50 |
Parameters:
| Variable | Description |
|---|---|
| Current chart symbol | Select currency pair as same as chart. |
| Fixed lots size | If “Enable dynamic lots” = false, set lot size. |
| Enable dynamic lots | If true, lot size caliculate with risk percentage. |
| Maximum spread | If the spread is over this value, EA is not trade. |
| Maximum slippage | If the slippage is over this value, EA is not trade. |
| GMT Offset | Set GMT offset value of your broker |
| Stop trading on Friday | If true, EA is not trade on Friday. |
| End trading hour in Friday | If ” Stop trading on Friday” is true, EA is not trade after this time on Friday. |
| Magic number | Set unique number. |
IMPORTANT to use:
- In order to make a profit with this EA, the spread needs to be small. (max 10 points recommend)
- You have to set the parameter “Current chart symbol” to match the chart.
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