SZ Scalper Free
The free version of the SZ Scalper Expert Advisor. It opens only Buy positions.
For opening positions, the EA uses support and resistance levels and a certain correlation of some standard indicators. Several trading strategies are included, which can work either in combination or separately. This Expert Advisor is intended for trading EURUSD M5. The MetaTrader 4 Terminal.
It will not trade on metals and "non-Forex" symbols due to the specifics of the indicators used.
You can evaluate my other products here: https://www.mql5.com/en/users/alcad83/seller
- EAMagic - EA's magic number. "Internal" magic numbers are also used: 752653, 752654, 752655.
- AutoLot - can be set to true or false. If true, the EA selects the lot size for trading depending on the balance value.
- RiskZ - percentage of the deposit used for the automatic calculation of the lot.
- Lots - lot size is set by a user, if the value of AutoLot is false.
- SpreadLevel - maximum spread, at which the EA will trade.
- TPPips - take profit value in points.
- TrailingStop - trailing stop value. If 0, then disabled.
- MaxDD - maximum drawdown level as a percentage of the balance.
- MartinStrategy - can be set to "true" or "false". If "true", the EA uses the martingale strategy.
- BigLotStrategy - can be set to "true" or "false". If "true", the EA uses the martingale strategy using lots of increased size, which also serves as additional protection of the deposit from the dangers of the martingale strategy.
- TerminalGMTshift - time shift of your brokers terminal relative to GMT. For example, if your terminal's time is 21:00 and GMT time is 19:00, then this parameter will be equal to 2. If your terminal's time is 18:00 and GMT time is 21:00, then this parameter will be equal to -3.
- SummerAdjustment - adjustment for daylight saving time (used only for testing, for more accurate results). In real trading should be equal to 0.
Default settings are recommended, but you can experiment, if you wish.
Recommended broker - any 5-digit with the spread on EURUSD less than 20.
I will be happy to answer any questions you may have.
Have a successful trading.
New parameters were added.
Optimized the code.