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Rebate collector

Rebate collector is an automatic trading robot, a high-frequency grid scalper. This EA uses Averaging exit system with safe martingale settings, and uses a dynamic system for taking profit and controlling risks. Adaptive trade trailing algorithm is used. The EA opens many trades, for the additional profit it is recommended to enable rebate.


Recommendations

  • Configured to trade EURUSD with 5-digit quotes. Timeframe does not matter.
  • Use 0.01 per 500-1000 units of the currency. If the deposit is below $500, use a cent account.
  • Before using on a live account, test the EA with minimal risk;
  • Use VPS or hosting server with minimal network latency to the broker's server;
Test the EA using one-minute M1 quotes. Configure TimeZone in the EA settings.


Settings

Lot Calculation

  • ModeLots - lot calculation type:
    • ManualLot - set manually;
    • PercentDeposit - trading lot recalculation based on the PercentDeposit parameter.
  • LotSize - fixed lot value set manually;
  • PercentDeposit - percentage of the deposit for a lot calculation.

Parameters of Indicators

  • TimeZone - difference between your broker's time and GMT;
  • IndicatorFactor - indicator influence ratio;
  • PeriodMain - period of the main indicator;
  • PeriodRSI - RSI period;
  • PeriodMA - MA period;
  • PeriodADX - ADX period.

Order closing properties

  • MaxOrder - maximum number of orders in one direction;
  • BetterPricePips - the number of points after which the EA should look for a better price;
  • LotMultiplier - lot multiplier;
  • DynamicTakeProfit - dynamic take profit (controlled programmatically);
  • DynamicStopLoss - dynamic stop loss (controlled programmatically).

Trailing Stop

  • Stop Loss - stop loss. 0 - not used;
  • TrailingStart - trailing start;
  • TrailingStop - trailing stop;
  • TrailingStep - trailing step.
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