Yellow mouse scalping
Yellow mouse scalping is a fully automated Expert Advisor designed for trading at night in a calm market. The strategy is night scalping. To find entry points, standard RSI and ATR indicators are used. The closing of transactions takes place according to the author's algorithm, which significantly improves the ability to control risks and security of the deposit. Thanks to a wide range of settings, each user can choose an acceptable risk / reward ratio. Risky martingale strategies are not used.
Monitoring the work of the adviser, as well as my other developments, can be found at https://www.mql5.com/en/users/vkprofit/seller#products
Video description of the settings and examples of work can be found here https://www.youtube.com/watch?v=Jf10ZElqHoo
Telegram chat for questions https://t.me/joinchat/Oly9JhcwcEaulG366UE59w
Telegram channel for operational information https://t.me/yellow_mouse_scalping
The minimum deposit is 50 USD, the recommended timeframe is M5. The EA opens trades in a calm market, execution and spread are not crucial for the operation, but still have an impact on the result.
The default settings are intended for trading on EURUSD, TF M5. GMT +2 broker time (in winter time)
When testing, it is important to consider that the adviser is sensitive to the time of opening trades. Therefore, testing for a period older than 1-1.5 years does not make sense, since temporal characteristics of ticks are strongly distorted.
The main settings of the EA can be viewed here - https://www.mql5.com/en/blogs/post/733066
Check for yourself by comparing the time of the release of important news on the calendar in the past with the time of market reaction by bars in the strategy tester.
Changed settings to "default"
CCI indicator added.
changed default settings.
Added a parameter for enabling/disabling the trend filter.
Fixed an error in identification of orders using the "Magic" parameter
Added visual take profit and stop loss levels.