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QScalper

The fully 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 is configured for use as a night scalper (GMT+2) for the USDCHF currency pair on the M5 timeframe.


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.
  • Split mode - closing a profitable order in parts.
  • Money Management system with full risk control.


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.
  • MaxLot - maximum lot size of one order.
  • LotType - lot selection mode:
    • LotManual - order lot is equal to MainLot.
    • LotRisk - lot is calculated based on the risk level of FactorRisk.
    • LotAuto - lot depends on the account equity and FactorAuto.
  • MainLot - order lot value (for the LotManual mode).
  • FactorRisk - maximum allowable loss per order, % of AccountEquity (works in the LotRisk mode).
  • FactorAuto - AccountEquity per MainLot (works in the LotAuto mode).
  • 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.
  • Trailing - enable (true) or disable (false) the trailing stop function (if Orders=1).
  • TrailStart - distance from the order opening price to activate trailing stop.
  • TrailStop - the maximum distance from the price to the stop loss level in trailing stop.
  • Split - enable (true) or disable (false) the Split mode - partial closure of orders in the amount of SplitLot every SplitStep units (if Orders=1).
  • SplitStart - distance from the order open price to activate the Split mode.
  • SplitStep - step of the Split mode.
  • SplitLot - percentage of the remaining order volume closed at each step.
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