Scalper Concept is a diversified portfolio of 6 strategies for EURUSD with parameters relevant for the entire history of the instrument, rather than a short segment. The EA has been developed for long-term operation and does NOT have strict requirements for spread and slippages. The EA trades the breakouts of price levels, which are calculated using proprietary algorithms.
The idea behind the strategy is that these levels usually contain pending orders of the market participants trading the breakouts, as well as stop losses of even larger number of traders. As a result, when the breakout occurs, triggered pending orders and stop losses push the price even further providing a good opportunity to make profit using a short-term trade.
The EA DOES NOT use risky methods, such as martingale and averaging techniques.
Expert Advisor Settings
- TimeFrame - H1;
- Lot - if < 0, fixed lot, if > 0, then percentage of risk per trade (0.01 = 1%).