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MultiScalper

This is an innovative, fully automated and multi strategy Expert Advisor. It was programmed in order to engage in trading activities when there is Bearish and Bullish Engulfing patterns and gap.. It is highly recommended to use the EA on GBPUSD pair. Any pending position is protected with target point and stop loss. It is also advisable to use not more than 20 pips as target point

It contain 2 expert advisors namely:

  1. Bearish and Bullish Engulfing Scalper - It trades when there are bearish (Sell Limit order) and bullish (Buy Limit order) engulfing candlestick patterns
  2. Gap Scalper - It trades when the next hourly candlestick open at least 20 pips away from the previous candlestick close. If opens higher, it places Buy Limit order. If lower, it places Sell Limit order.


Features

It does not use:

  • Grid
  • Martingale
  • Hedging
  • Arbitrage


Requirement

  • VPS that is available 24/7
  • Four (4) and Five (5) digit brokers
  • Minimum initial Balance - $100
  • low spread


Input Parameter

  • MAGICMA = 13; Unique number of the EA
  • LOTSIZE =0.1; Trading size of any open position, equivalent to 1 on 5 digit quote
  • init_TP =10; Target point, equivalent to 100 on 5 digit quote
  • init_SL =70; Stop loss, equivalent to 700 on 5 digit quote

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