Smile Eagle EA
Smile Eagle EA is a fully automated scalping Expert Advisor. It is optimized for trading EURUSD, GBPUSD, USDCHF, EURGBP, USDJPY, EURAUD, EURCHF. Recommended timeframe is M15.
The EA does not trade pairs with spread exceeding 20 points.
Do not test the Expert Advisor in the "Open price only" mode.
On weekends, brokers set a large spread value, so when testing, set the current spread in the Strategy Tester equal to 2-5 points.
When testing and trading with brokers offering market execution of orders, set MarketWatch = true.
You can use this EA on any pair with a low spread.
- The minimum deposit from $100 regardless of the number of currency pairs traded.
- Ready to go without any particular setup.
- Trades 24 hours a day.
- Supports any execution type.
- The Expert Advisor works with any broker.
- An ECN account is recommended.
- No martingale.
- No hedging.
- Does not keep losing trades.
- Low trading drawdown.
- Easy to use, no complex settings.
- Trade - trade settings.
- Magic - unique ID of the EA's orders. It is necessary to set a separate value for each pair.
- Lots - lot size. A suitable value is 0.01 for a deposit of $100 regardless of the number of pairs traded.
- Profit/Volume - the level to trigger the profit taking block. Valid values are 5 to 50.
- 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 allowable spread value in points. If 0 - no more than 20 points.
- MarketWatch - set to true if your broker offers market execution.
- Time Trade - trading time settings.
- OpenHour - trading start time, hour.
- OpenMinute - trading start time, minute.
- CloseHour - trading end time, hour.
- CloseMinute - trading end time, minute.
- Monday - enable/disable trading on Monday.
- Tuesday - enable/disable trading on Tuesday.
- Wednesday - enable/disable trading on Wednesday.
- Thursday - enable/disable trading on Thursday.
- Friday - enable/disable trading on Friday.
- Recommended pairs: EURUSD, GBPUSD, USDCHF, EURGBP, USDJPY, EURAUD, EURCHF.
- Timeframe: M15.