AMRB Scalper LT
The Expert Advisor builds the order grid. Orders are created in both sides with a step that can be set in the settings.
As soon as the profit reaches a specified value (that can be set in the parameters), all orders are closed, while pending ones are deleted. The orders are re-opened afterwards.
Signals of the AMRB Scalper LT Expert Advisor for trading Forex are generated using RSI, Demarker, Stochastic, and Moving Average (МА) indicators determining the trend strength and probability of its change.
The EA has proven results on M5, M15, M30 of AUDUSD, EURUSD, GBPUSD, USDJPY, NZDUSD.
- No martingale;
- No grid;
- No hedging;
- The EA works around the clock and does not use the time filter;
- The EA works both with fixed and floating spreads.
- LotsDecimal - 20 (use the default value)
- AllowLoss - 70 (allow losses)
- RiskPercent - 10 (risk percentage)
- TrailStop - 3 (trailing stop)
- TrailStep -1 (trailing step)
- Slippage - 30 (slippage)
- MagicNumber - 301185 (unique magic number)
- Lot = 0.10 (lot size)
- Profit = 15 (profit)
- Step = 600 (step between orders)
- MagicNumber = 301185 (magic number)