This EA uses scalping strategy and chooses entry points very carefully to provide the normal DD value.
This Expert Advisor is intended for trading EURUSD M5. Terminal - MT4.
- LossIncrease - StopLoss counterpart
- ProfitIncrease - TakeProfit counterpart
- StopTradeLevel - the value of the balance to stop trading
- EAMagic - EA's magic number
- Risk - percentage of the deposit, used for the automatic calculation of the lot
- AutoLot - can be set to "1" or "0". When set to "1" the EA selects the lot size for trading depending on the balance value.
- Lots - lot size is set by user, if the value of AutoLot is "0".
- SpreadLevel - maximum spread, at which the EA will trade.
- TerminalGMTshift - time shift of your brokers terminal relative to GMT.
- SummerAdjustment - adjustment for daylight saving time (used only for testing, for more accurate results). In real trading should be equal to "0".
Default settings are recommended, but you can experiment with the optimization for your broker, if you wish.
Recommended broker - any 5-digit with the spread on EURUSD less than 20.
Make sure to test the EA on your broker before the purchase!
Backtest screenshots are provided below.
I will be happy to answer any questions you may have.
Have a successful trading.