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Monci Scalper

Monci Scalper is a fully automated scalper EA which trades based on standard indicator Metatrader 4 (Moving Average, MACD, RSI, Ichimoku, Stochastic).

Open Position is based on time frame H1 & M15.

It was backtested and optimized using real ticks with high quality. The Expert Advisor has successfully passed the stress test with slippage approximate to the real market conditions.

This EA can run on several instruments simultaneously.

This EA is recommended for cent accounts.


Features

  • Martingale — martingale 5 levels;
  • Lock Profit — unlimited lock profit;
  • Digit — support 4 digit and 5 digit account;


Operation hours

  • EA only runs between parameter StartTradeHour and EndTradeHour of the Broker Server Time.


Real account monitoring

https://www.mql5.com/en/signals/193783

Working currency pair/timeframe: EURUSD M1, AUDUSD M1, GBPUSD M1, NZDUSD M1, USDJPY M1, USDCAD M1, EURGBP M1, EURJPY M1, NZDJPY M1, CADJPY M1, AUDJPY M1, GBPJPY M1.


Parameters

  • Lots — fixed volume of a position, Set Lots=0 to use automatic Lot;
  • TakeProfitPips — TakeProfit (pips);
  • StopLoss — initial StopLoss (pips);
  • Risk — risk setting of the EA;
  • LotDigits — lot digit;
  • MinLots— minimal lot;
  • MaximalLots — maximal Lot;
  • StartTradeHour — Start Trade Hour (hour);
  • EndTradeHour — End Trade Hour (hour);
  • DailyTarget — DailyTarget (money), EA will not open trade when it was achieved;
  • MartingalePips — Martingale range pips;
  • MartingaleTakeProfitPips — Martingale take profit target, close all when achieved;
  • Ma1Period — First MA period setting;
  • Ma1Shift — First MA shift setting;
  • Ma1Method — First MA method setting;
  • Ma1AppliedPrice — First MA applied price setting;
  • Ma2Period — Second MA period setting;
  • Ma2Shift — Second MA shift setting;
  • Ma2Method — Second MA method setting;
  • Ma2AppliedPrice — Second MA applied price setting;
  • Ma3Period — Third MA period setting;
  • Ma3Shift — Third MA shift setting;
  • Ma3Method — Third MA method setting;
  • Ma3AppliedPrice — Third MA applied price setting;
  • FastMA — Fast MA MACD setting;
  • SlowMA — Slow MA MACD setting;
  • MACDSMA — MACD SMA setting;
  • Target — Target LockProfit (pips);
  • LockProfit — Lock Profit (pips);
  • MagicNumber — Unique number of positions opened by the EA;


Recommendations

  1. Before using on a live account, test the EA with minimal risk;
  2. Use VPS or hosting server with minimal network latency to the broker's server;
  3. Low spreads = low commission + high quality execution are important when choosing a broker to trade.
  4. Multirebate account.
  5. Cent account
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