Scalping Expert Advisor trades from daily support and resistance levels. Trading expert does not use indicators. Recommended use a broker with 5
signs and a low spread. To protect the account from trading during spread expansion, added parameter: “MaxSpread”, in which you specify the
maximum allowable spread (15-20 pips). A month opens 16-18 deals on average.
Benefits:
- Expert always uses Takeprofit, Stoploss and Traillingstop;
- Expert does not use a grid or martingale system;
- Expert can work with deposits of various sizes (from $ 20 and more).
Recommended Settings
Currency pair: GBP / USD, EUR / USD;
Timeframe: H1;
Minimum deposit: any;
External variables
- Lots – fixed lot volume;
- MoneyManagement – lot size, which depends on the size of the deposit and the risk set by the trader;
- Risk – level of acceptable risk;
- VirtualStops – virtual sl and tp;
- TimeToStart – time to start the expert;
- TimeToFinish – time of the end of the expert’s work;
- Magic – a unique number of orders;
- Stoploss – stoploss;
- Traillingstop – trailing stop;
- TakeProfit – take profit;
- Slippage – slippage;
- MaxSpread – maximum allowed spread;
- Extremumstep – indent from the level (in pips);
- Commission – the size of the commission for 1 lot;
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