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Experts

15 Minute Scalper - expert for MetaTrader 4

Aharon Tzadik
Views:
38104
Rating:
(25)
Published:
2018.10.19 01:27
Updated:
2025.01.27 02:09
15M Scalper.mq4 (86.02 KB) view
Download as ZIP, How to download code from MetaEditor
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15 Minute Scalper EA  trades with Stochastic & Parabolic indicators has Trailing Stop Loss &Take Profit,works best on 15 minute time frame EUR/USD and stocks NASDAQ.

Try it on demo first.


If you do not want to trade with increasing lot size when you lose  a trade set:"IncreaseFactor=0"

Inputs

    •  Use_TP_In_Money- Use Take Profit In Money (values:true/false).
    •  TP_In_Money- Take Profit In Money   (values: 10-100).
    • Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
    • TP_In_Percent- Take Profit In Percent (values: 10-100).
    • ------------[Money Trailing Stop For Multiple Trades]----------------------
    • Enable_Trailing-Enable_Trailing with money  (values:true/false).
    • Take Profit In Money (in current currency) (values: 25-200).
    • Stop Loss In Money(in current currency) (values: 1-20).
    • --------------------------------------------------------------------------------------
    • Exit= Close trades if the trend is against you and control draw dwon (values:true/false).
    • Lots - Lots size (values: 0.01-1).
    • Lots size Exponent  (values: 1.01-2).
    • IncreaseFactor -how much to increase lots from total margin if you lose a trade (values: 0.001-0.1).
    • Stop_Loss - Stop Loss (values: 30-500).  /set value 600 for  Multiple Trades
    • MagicNumber - Magic number (values: 1-100000).
    • TakeProfit - Take Profit (values: 50-200).  /set value 600 for  Multiple Trades
    • FastMA - Fast Moving Average (values: 1-20).
    • SlowMA - Slow Moving Average (values: 50-200).
    •  Mom_Sell-Momentum_Sell trigger(values: 0.1-0.9).
    •  Mom_Buy-Momentum_Buy trigger(values: 0.1-0.9).
    • ---------------------CONTROL DRAW DOWN-----------------------------
    • UseEquityStop -  (values:true/false).
    • TotalEquityRisk- (values: 0.01-20).
    • -------------------------------------------------------------------------------
    • Max_Trades(1-12). 
    • ----------------IF YOU USE ONLY 1 TRADE:-----------------------
    • //////////////////////////////////////////////////
    • TrailingStop-set a value from 40 to 100 to activate trailing stop loss & take profit, "0" will not activate trailing stop loss.
    • Enable "Break Even" -(values:true/false).
    • When move "Break Even"- (values: 5-30).
    • How much pips move- "Break Even" (values:5-30).
    • ///////////////////////////////////////////////////////

  • You need to optimize this EA once  a month and use the exact same  inputs from above .



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