TMAChannelScalper Pro is a powerful multicurrency tool for automated scalping on the Forex market. The Expert Advisor trades 9 currency pairs: GBPUSD, USDCHF, USDCAD, EURUSD, USDJPY, EURJPY, GBPJPY, EURAUD, GBPAUD. The strategy is based on the price movement inside channels: Bollinger bands, Envelopes, TMA. It also utilizes SSRC values. The highest efficiency was achieved on the period of M1. Trades are only opened after the emergence of a new bar and are protected with a virtual stop loss. I recommend using VPS and a ECN broker with low spreads and a small commission.
The monitoring of the signal on which the EA is running
- GMT Offset [2 or 3] - GMT offset of your broker's time.
- LOT TYPE - money management type.
- Fixed Lot - fixed lot.
- Lots For Balance - lot value per balance amount.
- Channel Size - size of channels.
- Virtual StopLoss - virtual stop loss function.
- Maximum Spread - maximum allowable spread.
- Slippage - maximum allowable slippage in pips.
- Magic - unique ID.
- Comments - comments to orders.