The OlesyaPro scalper Expert Advisor looks for strong price movements and trend reversals. The system is based on volatility breakouts.
Stop loss and take profit levels are set for each order, trades are additionally managed by trailing stop. If there is a strong movement on the market, the EA opens a deal and moves stop loss to better positions as soon as possible.
The EA works best on the following pairs: EURUSD, GBPUSD.
Timeframe for trading — M1.
All optimizations are based on the leverage of 1:500 and the fact that a true ECN broker offers competitive spreads and minimal slippage. If you want to trade with a higher leverage, it is recommended to reduce the value of (RiskPercent).
- virtual profit fixing algorithm;
- money management system;
- no martingale, no grid, no arbitrage;
SpreadsSpreads are a fundamental factor in increasing the profitability of trading. It is recommended to choose an ECN broker with average spreads below the specified values between 07:00 and 23:00 (GMT, Greenwich Mean Time):
- Leverage: 1:500.
- ECN account with fast execution.
- VPS hosting is recommended.
- Timeframe: M1;
- Spread no more than 10 points (the less, the better).
- TradeManager - trade manager;
- TradeComment - order comment;
- Magic Number - magic number;
- Slippage - maximum allowed slippage;
- MaxSpread - maximum allowed spread;
- FixedLot - fixed trading lot size;
- RiskPercent - risk per trade (in percent);
- MaxDrawdown - the maximum drawdown (in points);
- StartHour - trading start hour;
- EndHour - trading end hour;
- GMTOffset - time zone (GMT);
- TradeDelta - trade delta (in points);
- Trailing - trailing stop distance (in points);
- StartTrailing - trailing stop start (in points);
- StopLoss - stop loss (number of points);
- TakeProfit - take profit (number of points);
- VirtualStops - virtual stop loss (in points).
The minimum recommended balance for the EA, with the recommended pairs and timeframe, is $1000.