Stable Trend Scalper
This Expert Advisor tries to collect 5-6 pip targets during a trend. Trend is determined by some different set of smoothed moving averages.
Trade decision is made using Bollinger Bands.
- Timeframe: M1
- Pairs: EURUSD, GBPUSD
- Trade Style: Trend scalper
- Risk: Define leverage used for each order. Default: x25
- Lots: Trade fixed lots in case of Risk=0
- MaxSpread: Maximum allowed spread for the pair
- StopLoss: Stop loss value for each order. Default: 50
- TakeProfit: Target pips for each order. Default: 6 pips
- Broker Selection: ECN brokers with max 0.7 pip EURUSD, 0.9 pip GBPUSD spreads should be preferred
- Testing: You can test this EA using M1 every tick mode. All timeframes are hard coded internally
- Powerful while using fixed lots