Scalper Boss Pro MT4
Scalper Boss Pro MT4 is a fully automated scalping Expert Advisor. It uses original trading algorithm for analyzing the market conditions. The EA does not open many positions throughout the day. Positions are closed either when the profit fixing algorithm triggers, by time, or when the TakeProfit or StopLoss levels are reached. The TakeProfit and StopLoss values can be set manually, or automatically set by the EA based on the analysis of the currency pair behavior. The EA features the ability to trade at the specified time. The EA uses neither martingale, nor hedging. It is suitable for trading instruments with three and five decimal places. It does not trade the pairs with the spread more than 20 points. Optimized for trading EURUSD M15.
- Ready to go without any particular setup.
- It can work with either dynamic or fixed lot size.
- It is possible to allow trading at the specified time of the day.
- It is possible to set the maximum spread value for opening a position.
- It is possible to set the maximum size of the dynamic lot.
- Minimum initial deposit starts from $500 when using a fixed lot of Fix_Lot=0.1.
- It works best on the EURUSD M15.
- Supports any execution type.
- Works on Standard and ECN accounts.
- No martingale.
- No hedging.
- Low trading drawdown.
- Easy to use, no complex settings.
- Trade - trading settings.
- Magic - unique ID of the EA's orders.
- Dynamic_Lot - dynamic lot mode. Automatic calculation and setting of the lot size based on free margin and the Max_Risk and Lot_Balance input parameters.
- Max_Risk - maximum percentage of the deposit for calculating the dynamic lot value. Recommended values are 10 to 50.
- Lot_Balance - dynamic lot size as a percentage of the deposit. Recommended values are 2 to 8.
- Fix_Lot - fixed lot mode. Recommended value is 0.1 for deposit of $500 or higher.
- Slippage - slippage in pips. Recommended values are 0 to 3.
- StopLoss - Stop Loss value in pips. If 0 - calculated and set by the EA.
- TakeProfit - Take Profit value in pips. If 0 - calculated and set by the EA.
- Max_Spread - maximum allowed spread size for opening positions, in points. If 0 - no more than 20 points.
- Max_Lot - maximum allowed lot size.
- TimeTrade - trading time settings.
- OpenHour - trading start time, hour.
- OpenMinute - trading start time, minute.
- CloseHour - trading end time, hour.
- CloseMinute - trading end time, minute.
- Close_Day - enable/disable forced closure of positions at the end of the trading day.
- Recommended pair: EURUSD.
- Timeframe: M15.