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REGISTER PARTICIPANTS Expert Wise Scalper Mt4

Discussion in 'Forex Market MQL5' started by Emma McNeill, Oct 8, 2020.

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  1. Emma McNeill

    Emma McNeill Moderator
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    #wisescalper

    wise-scalper-logo-200x200-5546.png

    This is an optimized and ready-to-use automated trading system. A market entry is performed at a certain time on a quiet market. When certain conditions are met, a trade is closed. As a rule, a profit is small. The EA features SL to manage losses.

    The EA is recommended for use on currency pairs and M1 timeframe.

    Before using on a live account, it is recommended to test the EA in the strategy tester in the terminal.

    The EA operation requires a broker with minimum spread and minimum or no commission for the best results. The minimum deposit is small. You can start trading with $100. A leverage does not matter. A minimum of 1:100 is recommended.

    Advantages
    • The EA features SL to limit potential losses.
    • Fast execution is not necessary. Not affected by slippages.
    • Works on almost any VPS even with the ping of 1000 ms.
    Recommendations
    • I recommend that you test the Expert Advisor on a long time interval on the history in the MetaTrader 4 terminal before using it on real accounts.
    • Choose trading time settings carefully. The time on servers of different brokers can be different.
    • You can also use the default settings.
    • Please, adhere to risk management, do not raise the volumes too high for your trading capital.
    Parameters
    • Spread max - maximum allowable spread during trading;
    • Stop Loss - stop loss in points;
    • Take Profit - take profit in points;
    • Time to start trading - EA operation start time;
    • Time to stop trading - operation end time;
    • Max Slippage - maximum slippage;
    • Trading lot - position volume;
    • Auto Risk - automatically determine the position volume depending on the specified risk;
    • Magic Number - magic number;
    • Max Orders - maximum number of orders opened in the same direction;
    • Order Step - minimum step between unidirectional orders;
    • Total Profit - total profit of a series of unidirectional orders;
    • Total Loss - stop loss of a series of unidirectional orders.

    wise-scalper-screen-4824.jpg wise-scalper-screen-6164.jpg wise-scalper-screen-7980.jpg wise-scalper-screen-1144.jpg wise-scalper-screen-9101.jpg

     
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