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REGISTER PARTICIPANTS Expert Aggressive Scalper Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 29, 2020.

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  1. James Goldman

    James Goldman Moderator
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    #aggressivescalper

    aggressive-scalper-logo-200x200-4679.png

    • The algorithm based on strict adherence to the price movement (trend) and fixing of any slightest movement.
    • To enter into the market, it uses the instant price movement of an instrument.
    • The EA places Take Profit and Stop Loss to lock in profits and to limit possible losses.
    • The Trailing Stop function allows to fix any sign of market movement.
    • Aggressive scalper can work both with a fixed lot and using percent of deposit.
    • It uses market orders.
    • Does not use such trading elements as Martingale or grid.
    Requirements
    • Requires a broker with a tight spread.
    • The "Trailing Stop" function is compulsory.
    • Chart period to attach the EA: М5,М15.
    • Account types: any, ECN accounts are preferable.
    • Better use VPS.
    • Always works only with its own orders, so it will not prevent simultaneous manual trading.
    Recommendations
    • It can work on any deposit with any account currency. Account balance requirements are calculated as 50$ for 0, 01lot.
    • Connect the Rebate spread return program. The EA trades frequently allowing you to earn some extra profit.
    • To work with several symbols, simply launch the EA on the appropriate charts.
    • When selecting a currency pair for the EA, look for the amplitude of movements of 700-2000 points (5 digit quotes) per a trading day. Good results with EURUSD, USDCAD, GBPUSD.
    • Optimize the Expert Advisor parameters after a strong one-directional movement or a flat period, which can be determined visually on the D1 chart.
    Parameters
    • Use_ma_Filter = turn on the filter based on Moving Average: true/false;
    • MA_Period = Moving Average period: true/false;
    • Use_bar_Filter = turn on the filter based on the previous bar position: true/false;
    • Reverse = enable signal reverse: true/false;
    • Closes = enable closing positions at a reverse signal: true/false;
    • TimePrice = the time interval to analyze the price movement;
    • Jump = an instant price movement in points;
    • TakeProfit = take profit level in points;
    • StopLoss = stop loss level in points;
    • Take_Profit_Money = take profit level in the deposit currency;
    • Stop_Loss_Money = stop loss level in the deposit currency;
    • Enable_Trailing_Stop = enable the Trailing_Stop function;
    • Trailing_Stop_Start_Level = the level to activate Trailing_Stop;
    • Trailing_Stop_Distance = distance to the price of the protective stop loss of the Trailing_Stop function;
    • MoneyManagment = trading % of deposit: true/false;
    • Risk = used % of deposit;
    • Lot = initial lot;
    • MaxLot = maximum position volume;
    • MaxOrders = maximum number of opened orders;
    • Bar_limit = disable opening multiple positions on the same bar: true/false;
    • FrozenDepositPercent = % of deposit reaching which the EA stops trading;
    • Use_Spread_Filter = use of the spread filter: true/false;
    • Max_Spread = maximum allowable spread value;
    • DepoStopTrade = disable trading at the FrozenDepositPercent level: true/false;
    • Play_Sound = sound alert about opening/closing a position: true/false;
    • Magic = unique number for positions opened by the EA;
    • Show_Comments = display the trading information on the chart: true/false;
    • Slippage = allowed price slippage in points;

    aggressive-scalper-screen-7948.jpg aggressive-scalper-screen-5484.jpg

     
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