Trend Scalp Pro - User manual

Trend Scalp Pro - User manual

10 March 2021, 13:58
Sara Sabaghi
3
4 423

Trend Scalp Pro Trend Scalp Pro - User Manual


This robot contain tow section for trading.

1. Auto trading

As the Expert name, robot detect the trend and use several inside indicator to catch the best scalp profit. and also use smart martingale strategy to recover loss positions.

2. Manual Trading

Next to this smart Auto Trading, you have Grate, powerful, full option trade assistant designed for manual trading and manage your positions.

This panel allows you to calculate risk, open a position quickly, open market execute order, limit orders, manage positions using the Trailing function, Breakeven option.

Close your position Automatically with desire profit. Show you Pivots points, RSI, Stochastic data, ADR and daily range, Super trend and other useful features...


Features:

  • Automatically set your position SL/TP
  • 2 methods of calculating the lot for opening an order, Manual and Auto money management
  • Easy to use placing market positions, Buy/Sell and pending
  • On click close all your positions.
  • Draw pivot point on your chart.
  • Trailing your stop with smart algorithm to set smart stop distance
  • Automatic setting of stop loss to breakeven.
  • Automatic close base on your desire profit.
  • Command support, type close to close all position, type "SL" or "TP" to set your stop loss take profit and auto position lot with this stop loss too.

Lets talk about panel and these features manual.

When you attach the EA on your chart you may have this:

TSP panel

  1. Panel Header
  2. Symbol info
  3. Trading options
  4. Super Trend
  5. Positions info


  • Panel Header

on panel header you can see several icons.

1. This Icon is your panel theme. you can change the panel theme color between dark and light mode.

 

Light mode   

2. The speaker icon Turn ON or OFF sound alerts. (alert of current time frame trend changes)

3. This icon change your panel size. mini size and wide size. in wide panel you have additional information like news list and market session time.

 Wide panel size 


 And with clicking on new icon that appearing, you can Show/Hide the news panel list


4. Lock, this icon turn ON or OFF Onclick trading. in your panel with taking sell or buy action EA confirm this action with you. with turn on the Onclick trading you can trade without confirmation (Fast scalping)

5. This icon set your panel location. top-left side, top-center, top-right side

6. Minimize, with this icon you can minimize your panel

 Minimize panel 

7. Close, Exit EA



  • Symbol info

1. Every pair have 2 country index

for example on GBPAUD we are dealing with two index, GBP index and AUD index

We analyze all the currency contained with GBP and set a percentage number as a power of symbol range. ( Currency  strength )

2. Price direction, Showing the direction of ticks.

3. Percentage of price changes, Show you difference of previous close and current price.

4. Price Range, with mouse over on it you can compare current price range with your Time-Frame ADR

5. Percentage of price range, Show you the market, How much resolute to changing the price. is like to market sentiment.

6. The default RSI value on your time frame.




  • Trading Options

1. By clicking on this text, you can toggle to Automatics/Manual SL/TP/LOT calculation. SL and TP finding from last swing high/low and Lot calculating from your account balance and Your investment risk. you can set risk from inputs.

2. You can turn off the Auto SL/TP/Lot and set this parameter manually, all the values are in points

AND now you can set this parameter easily by entering command:

on chart, just type SL or TP, you can change your SL TP with a line that help you to control your risk, profita and loss better.

Command List:

  • SL (Set your stop loss)
  • TP (Set you Take profit)
  • Press Dell (Remove your SL/TP line)
  • Close (Close your chart orders)


3. Marker Execute order. Take A sell, Take a Buy and close all opened position on your chart symbol.

4. Pending orders, S.S = Sell stop, B.S = Buy Stop. With clicking center button (Stop Orders) you can toggle between Stop orders and limit orders.

5. Turn it on, Now you have all the necessary pivot point on your chart.

Trend Scalp Pro - Pivot points

6. This section Showing you Symbol spread, Next bar time remains, and with mouse over on it you have additional information about Market Trend (Current Time Frame), RSI, Stochastic, Buy power, Sell Power, BUY/Sell ratio...

7. Trailing stop function. with turning on this option you can trail your stops with trailing distance and trailing start point. Stop trailing distance can be calculate automatically with our smart algorithm or you can set it manually from inputs.

8. By Clicking on this button you can toggle between Manual Trading And Automatically trading.


In Auto-trading Mode, we have 2 additional button. Force SELL And Force BUY

Its a simple main important rule in forex traders. "Trade On the Trend". So you do this too.

A. In Our panel we show you the  Trend of Current time. Green bull as a bullish market, Red bear, bearish market. So you have the trend.

B. With force sell force buy button you can Force EA to trade just in your trend.


9. Turn martingale recovery option ON or OFF depended on your strategy

10. Breakeven set. turn it ON so if your position going to profit with special pips, so EA automatically set the position SL to Breakeven point. profit pip can be set in inputs with this name "Break Even in pip"



  • Position info

1. Total BUY positions

2. Total SELL position

3. Total Orders Lot

4. By Clicking on it you can turn ON/OFF Auto Close function

Auto close function dont off in auto off, you can turn it on/off with manual trading mode.

You can change the profit value with + and - button



EA INPUTS: 

============== Expert Setting =============

ExpertMagic
 Magic Number  To Separate Robot positions with other EAs.
Method
 Trade method and risk  Select EA strategies.
MixesSignal 
 Mix Signals  You can select the EA open a position with a signal and wait to close them, OR even you have opened position, EA open new one with new signal.
MoneyManage
 Money Managment Function  Turn on or off money management system to set your position volume automatically or set it with static value.
Risk
 Investment Risk
 Set your risk of your balance.
StaticLot
 Static Order lot  Set a Static Order lot if Money-Managment function switch to OFF.
MaximumLot
 Maximum Lot for init 1st orders
 Maximum allowed Order volume, just for 1st init position.
MaximumOrder
 Maximum Allowed Order  EA cannot open new position, or martingale position if maximum order riches.
TimeFrame
 Working time frame   EA use this time frame for using on inside indicators and other calculation.

============ Martingale Options ===========

MartingleOn
 Martingale System On/Off
 You can Turn ON/OFF martingale function.
NewBarMartingale
 Martingale if new candle  Martingale function open new position just in new candles.
VirtualSLMarting
 Virtual Martingale SL
 With this function ON, Martingale function close old loss position and keep it in mind how many loss we have, and try to recover them in new futures positions.
HedgeMixMartingl
 Hedge Mix With Martingale  Use hedge positions in recovery martingale function.
DYMartinglOffset
 Dynamic martingale Step (Recommended ON)  This function calculate martingale steps, between old and new position dynamically with ATR, ADR and our smart algorithm.
MartinglOffset
 Static martingale Distance  If you turn off the DY Martingale Offset, so you need to set s static distance for martingale positions
MartinglMultip
 Multiply Martingale orders
 Multiply old order lot with this number for calculate next position volume
Martthreshold
 Martingale threshold in $  With How many loss in $, Martingale function triggering
MinMartingaleDis
 Min Martingale Distance  Minimum distance of old and new martingale steps (Used for Dynamic step calculation function)
MaxMartingaleDis
 Max Martingale Distance  Maximum distance of old and new martingale steps (Used for Dynamic step calculation function)
StopMartingaleDis
 Stop Martingale Distance  Stop taking new position when candle size is bigger than this point
DynamicDistAlpha
 Alpha number for Dynamic Distance  This is a multiple number for martingale steps. with this number you can set martingale steps bigger or smaller

=========== Other Trade Options ==========

GlobalProfit
 Auto Close Profit value
 One position or group martingale positions closed with this point of profit
SL
 SL (in Point)
 Your position Stop Loss
TP
 TP (in Point)
 Your position Take Profit (not for tp, just for safety on opened positions, EA use GlobalProfit as a TP)
AutoTrailStop
 Automatically set/change Trail Stop size with ATR
 Set the trail stop size dynamically use ATR  (Trail function turn on/off from EA panel)
TrailStaticStop
 Trail Stop Size for static trails size
 If AutoTrailStop is OFF, Trail use this stop
TrailStartPoint
 Start trailing after this point of profit
 Trail threshold start
BreakEvenPip
 Set Break even in pip
 EA set Break Even if position is in profit with this pip value (Break even function turn on/off from EA panel)
MaxDDPres
 Maximum Drawdown in % (Recommended set to 0)
 Set maximum Drawdown allowed (% of your account balance). if you account reach this DD all the position will be closing
MaxDDMoney
 Maximum Drawdown in $ (Recommended set to 0)
 Set maximum Drawdown allowed (loss in $). if you account reach this DD all the position will be closing
MaxSpread
 Maximum Spread Allowed
 Maximum spread allow for opening new position
MaxSlippage
 Maximum Slippage Allowed
 Maximum slippage allow for opening new position
PendingExpier
 Pending Order Expiration time (minutes)
 Set your Pending Order Expiration time (minutes), this type of position open and close manually from EA panel
FIFOrule
 FIFO rule for NFA broker
 Close position with FIFO rule (NFA broker)
CustomComment
 Your custom order comment


============== Pannel Setting ==============
ShowTradePanel
 Show Trade Panel
 Show, Hide trade panel on the chart.
SymbolTimeInfoCorner
 Show Symbol, bar info on chart
 Show some information like candle time remaining and RSI and... on your chart.
PanelMode
 Panel Size | 0 mini - 1 full  Change the panel size in normal and Wide.
OneClickTrading
 One-Click Trading  OCT: ON (With click on BUY, SELL CLOSE action immediately run) and with this option OFF, with clicking on this button you have to confirm the action.
STSAlert
 Alert Trend Scalp signals  Alert EA position opening on Auto trade strategies.
SUPAlert
 Super Trend Signal Alert
 Alert the changing trend of our indicator, super trend line (its for who like trading with our panel as a manual trader).


============== News Filter  =============

NewsFilter 
 Turn on or off News filter system
NewsPannel 
 Show or hide News Panel
SourceNews
 Select calendar news source from investing.com or forexfactory.com
LowNews
 Stop taking a position in Low impact news, ON/OFF
LowNewsWaiting 
 How many time waiting/stop taking new position for low news
MidleNews
 Stop taking a position in medium impact news, ON/OFF
MidNewsWaiting
 How many time waiting/stop taking new position for medium impact news
HighNews
 Stop taking a position in high impact news, ON/OFF
HighNewsWaiting
 How many time waiting/stop taking new position for high impact news
NFPNews
 Stop taking a position when we have NFP news on list, ON/OFF
NFPNewsWaiting
 How many time waiting for taking new position if we have NFP
HolidayNews
 Stop taking a position when we have Holiday event on news list, ON/OFF
HolidayNewsWaiting
 How many time waiting for taking new position if we have Holiday event
CloseNews
 if You have profit (>=0) position, CLOSE it when we have a news on futures
OnlySymbolNews
 Just Show chart symbol news
DrawNewsevent 
 Draw news event On Chart
Next   Draw Old event or not





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