Extreme Trend Scalper Instructions And Set Files

21 February 2021, 21:57
jsykes96
[Deleted]
0
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Set Up Instructions

  1. Firstly the correct history data has to be available. (The EA uses trend guards on multiple time frames so needs sufficient data to work). Using the default set files this means opening the M1,M15,H4, and D1 charts for ALL chosen pairs and ensuring there is at least 100 bars worth of data for these charts.
  2. Run the EA on EURUSD M1 chart - It will trade all pairs from this chart. (If you are running the EA on more than one chart to test new settings please make sure the Magic Number is different for each chart.
  3. Use the set files below as a base to get started. Please adjust to your accepted levels of drawdown. Less pairs traded simultaneously = less drawdown.


Risk Management


Low risk= Max 1 pairs traded simultaneously (per  £200 balance)

Med Risk= Max 2-3 pairs traded simultaneously (per  £200 balance)

High Risk= Max 4-5 pairs traded simultaneously (per  £200 balance)

Extreme Risk= Max 6-10 pairs traded simultaneously (per  £200 balance)


Trailing Stop= Using trailing stop depends on users trading style. Enabling the trailing stop may reduce drawdown but also may reduce profits.


Set Files


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