Market / MetaTrader 4 / Utilities /

Scalper Series reversal trading

10 USD

Demo downloaded: 68

Published: 30 June 2017

Current version: 1.0

Scalper Series reversal trading

Utilities
Wee Liang Wong
Version: 1.0
Activations: 10

This EA will open reversal order if the price hit the red line.

eg: Buy ticket opened, if price hit below red line, buy ticket will be close and sell ticket will be open (lot size based on EA parameter setting)

Parameters Setting

Monitor order with StopLoss set:

if set to TRUE, order on same symbol with stoploss level will be closed if the stoploss line is hit
if set to FALSE, order on same symbol with stoploss level will be ignored

LotSize: Lot size for trade by EA
new StopLoss position range: After reversal trade opened, new Red Line position will be re-position to current price plus/minus this range
Slippage: Allow for the price slippage for new order
Stop EA after trigger new order: New order opened, want to stop EA? (note: if EA stop, there will be no Stop Loss/Take Profit monitor for the ticket)

Procedure to use

Attach EA to any chart
You will see a button and 1 red dot line
Adjust the red dot line to any price that you wanted
Click the activate button to activate the EA (Auto Trading must be turned ON)
You will see activate button color change from grey to red and dot line become solid line, which mean the EA is activated
To stop the EA, click again the activate button, this time activate button will turn back grey

more...

809

Julian N 2019.04.24 12:01 #

Works perfectly. Nice and simple.

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809

Julian N 2019.04.24 12:01 #

Works perfectly. Nice and simple.