Euro Scalper MT4
Advisor calculates the width of the trade
range in the interval of the last day and assesses the price movements
(Pulses) at short time intervals. If the pulse value
exceeds a specified percentage of the trading range, open position
pulse direction. The pulses are also filtered by further
The algorithm uses the explicit control
bars – trade is conducted on the basis of only the generated bars. it
It protects the test results from errors and increases tick history
speed testing and optimization, as they can be carried out prices
Working timeframe – M5 working tool – EURUSD.
MetaTrader 5 version here.
- Magic –
magic number, allows the adviser to recognize their order in
trading terminal is required for the joint work of several
Councilors in one terminal, as well as in cases where parallel
Trade is conducted manually.
- Percent – pulse quantity (% of the trading range).
- TakePercent – takeprofit opened position (% of the pulse magnitude).
- StopPercent – stop-loss opened position (% of the pulse magnitude).
- Stop – the maximum stop loss of open positions in points. It is set if the value of the stop-loss, calculated as% pulse exceeds this value.
- Tral – level the trailing stop in points.
- Lots – fixed lot of open positions, if not used MM.
- PartCloseLevels – the amount of the closing levels of profit.
- DigitsInLot – the number of digits after the decimal point in the lot.
- GMT Offset – offset with respect to the trading server GMT.
- MM – capital management, sets the percentage of the reinvestment
of the profits in the trading process. If the value MM = 1, Lot
is 0.1 per 1000 $ deposit at MM = 1.5 lot is 0.15
for every $ 1000 of deposit, etc. If the value = 0 MM money management is not
used, with trade being fixed lot given by
- Info – switch enables and disables the output information bar in the chart.
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