This is an automatic Expert Advisor designed for scalping during the period of low market volatility.
This strategy works for almost all currency pairs, so you don’t have to worry about if it has forgery history or overfitting.
- MaxSpread – The maximum allowable spread for opening positions
- MaxSlippage – Price slippage
- NetAssetRisk – If equit/balance<NetAssetRisk%, stop opening new orders
- HourStart – Hour to start trading
- HourEnd – Hour to stop trading
- EnableStrategy – Enable Strategy
- FixLots – Lot size
- AutoLots – Use Auto lots (Autolots=Balance/SL/10*MaxRisk%)
- MaxRisk – Risk as a percentage of account free margin
- StopLoss – Maximum stop loss, usually closes earlier according to the signal
- TakeProfit – Maximum take profit
- MagicNumber – EA identification code to avoid interference with other EAs.
- It is not recommended using a value of MaxRisk greater than 5%. Please note that after hitting stop loss two times in a row at a risk of 10%, you will lose 10% of the deposit.
- Use brokers that are reliable and have shown decent results in trading with this Expert Advisor. The list can be found in the settings and in the description of the trading signal.
- Remember that past profit does not guarantee future profit.