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Calm Scalping

This scalper Expert Advisor works in the short-term direction and always uses a tight stop loss invisible to the broker. Only one order per currency pair can be opened at a time. When the short-term trend changes, the EA changes the type of the pending order, deletes the old one and places a new order. The pending order follows the price in anticipation of when the market begins its short-term movement. This scalper does not work in a flat, therefore it should be used on highly volatile currency pairs, such as EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, XAUUSD. Working timeframe is M30 (defined in the settings).


The EA makes a small amount of trades, so it is ideal as an addition to a manual strategy or in conjunction with another EA. The EA distinguishes its trades by a magic number.

The pending order and the market order are not left for weekends and are closed 10 minutes before the end of trading on Friday.

VPS is recommended. The recommended minimum deposit is 100 units of the base currency per 0.01 lot.

Attention! The EA is designed for long-term use, therefore, do not expect immediate results. There can be unprofitable days and even weeks. The number of trades mainly depends on the market volatility.


Parameters

  • LotsFor1000 - lot size per 1000 units of base currency.
  • NumberOfBars - the number of bars to determine the short-term trend.
  • DistanceOrders - distance to pending orders, in pips;
  • TimerSecond - timer in seconds, after which pending orders are modified at new prices;
  • MaximumSpread - maximum allowed spread for the EA's work, -1 - not used;
  • StopLoss - in pips.
  • TakeProfit - take profit;
  • TrailingStop - trailing stop distance.
  • TrailingStep - trailing step.
  • MagicNumber - magic number.
  • OrdersComment - comment to orders.
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The strategy is based on my own template, it utilizes the Stochastic indicator. It buys when the lines are below a predetermined level, and the signal line crosses the main one upwards; it sells when the lines are above a predetermined level and the signal line crosses the main downwards. The EA has been adapted for four- and five-digit quotes. VPS server is recommended. Before launching the EA on a real trading account, I recommend checking its parameters in the strategy tester using 99.90% qua
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Mehdi Faraz Fard
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Mehdi Faraz Fard 2018.06.22 12:21 
 

I rented this EA yesterday and I did it on my demo account but my demo account MARGIN CALLED . 10000 usd in 1 day.

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Version 1.1 2022.03.04
update for new build