• Overview
  • Reviews (5)
  • Comments (26)

QScalper Lite

The lite version of the automated QScalper Expert Advisor determines the reversal points and opens the specified number of orders in each direction. Each order has a specified level of take-profit and is protected by stop loss.

For best results, ECN accounts with tight spreads and a fast VPS are recommended.

By default, QScalper Lite is configured for use as a night scalper (GMT+2) for the USDCHF currency pair on the M5 timeframe and the volume of its orders is limited to 0.01.


Peculiarities

  • Minimum drawdown.
  • Minimum deposit - any.
  • does not use high-risk strategies, such as martingale, grid, hedging, etc.
  • Suitable for any currency pairs.
  • Works on any timeframe.
  • Protection against spread expansion when opening an order.
  • Trailing mode (available only in the main version).
  • Split mode - closing a profitable order in parts (available only in the main version).
  • Money Management system with full risk control (available only in the main version).


Input parameters

  • MagicId - unique number of the EA.
  • Timeframe - working timeframe.
  • Start Hour, End Hour - time interval for opening orders.
  • Friday End Hour - time to stop opening orders on Friday.
  • MaxSpread - the maximum allowable spread for opening orders.
  • Orders - the maximum number of orders for each direction.
  • IndValue - value of indicators.
  • AutoTP - automatic calculation of levels for closing orders.
  • TPFactor - coefficient to calculate the levels for closing orders, %.
  • Takeprofit - take profit.
  • Stoploss - stop loss.
Matthew Todorovski
12197
Matthew Todorovski 2018.05.10 14:00 
 

User didn't leave any comment to the rating

etan aliou
83
etan aliou 2018.05.01 10:19 
 

User didn't leave any comment to the rating

Adelbrecht Koch
66
Adelbrecht Koch 2018.04.10 09:32 
 

User didn't leave any comment to the rating

David Muresan
442
David Muresan 2018.03.16 08:54 
 

looks good this EA

so far it looks good in the demo account... 3.16.2018

I will come back with updates after 2 weeks

Thanks !

RK99
1885
RK99 2018.03.01 10:12 
 

One of the best free ea in MQL. For those who are looking for low risk ea this will be the one for you. One of the best scalping ea.