The scalper trades on M15. I use it on GBPUSD and EURCHF. However, you are free to test it on any symbol. A small spread is desirable.
MoneyManagement is enabled, MaximumRisk is equal to 3 solely for default testing. The parameters for real trading should be selected individually. Trading time and the mentioned parameters can be optimized in the strategy tester with consideration to the time difference between a dealing center and GMT. For example, I have a trading time interval set to 11 p.m. - 3 a.m. on MetaQuotes. Timezone data (GMT, PC, Server and Broker) is displayed in the data window.
Before conducting a test, download M15 quotes for all necessary symbols.
If you have any questions, ask them in the Comments section or write me a private message.
- MoneyManagement - use a dynamic lot
- MaximumRisk - risk as % of the account free margin (0.1% on the account with 10 000 = 0.1 lots)
- FixedLot - fixed lot
- TakeProfit - set profit
- StopLoss - set stop loss
- StartHour - time to start trading
- StopHour - time to end trading
- MaxSpread - maximum possible spread for opening a position
- Slippage - price slippage
- MagicNumber - position ID
- DisplayTable - display data window on the chart
2. Added ability to trade on Friday before noon. Profit increased twice! Profit Factor also increased.