• Overview
  • Reviews (1)
  • Comments (12)
  • What's new

IT FastScalp

The strategy is based on the breakdown of price levels. It is possible to use the news filter.

The average time of holding the position is 1-2 minutes

It is recommended to use EURUSD .

For Version - V1  period M30.

For Version - V2 period H1.

  • Does not use martingale;
  • Does not use grid;
  • All trades are protected by stop loss.

Real account monitoring: https://www.mql5.com/en/signals/author/bebikovi


Parameters

  • Version (1/2) - version of the trading system;
  • Show Info Panel - show information panel.
  • EA Comment - comment to trades.
  • Magic Number - identifier of trades.
  • Risk - lot size based on risk per trade (if 0, then Lot = Fix Lot).
  • Fix Lot - fixed lot size.
  • Take Profit - take profit.
  • Stop Loss - stop loss.
  • Spread control ON/OFF (0 - OFF) - maximum spread control (0 - disabled).
  • Buy Pending shift-shift to place a buy order (Version V2 only);
  • SellPending shift-shift to place sell order (Version V2 only);
  • Winter GMT Offset - winter server time zone.
  • EA Start Hour - hour to start trading.
  • EA End Hour - hour to stop trading.
  • Friday End Time - time to stop trading on Friday.
  • The news filter (enable/disable) - news filter (on/off).
  • Trade Only On News - trade only on the news (true/false);
  • Trade Only Between News - trade only between news (true/false).
  • Indent after News, minutes - offset after the news (in minutes).
  • Indent before News, minutes - offset before the news (in minutes).
  • Enable light news - enable low-impact news.
  • Enable medium news - enable medium-impact news.
  • Enable hard news - enable high-impact news.
  • Your Time Zone, GMT (for news) - server time zone (for news).
  • Currency to display the news - currency pairs to display the news (if empty, the current ones).
  • Delete all pending orders (Indent after News, minutes) - delete all orders after the news period ends.

In order to activate the The news filter function, enable "Allow WebRequest" and add “http://ec.forexprostools.com” to the URL list for WebRequest.


Recommendations

  • Before using on a live account, test the EA with minimal risk;
  • Use a VPS server;
  • Low spreads + low commission + high quality execution are important when choosing a broker to trade;
  • Broker with the minimum Stop Loss level of 0 points.
rookietrader123
150
rookietrader123 2018.05.11 14:53   

Ivan, please help me to set it, it does not work me on real, demo or tester. my broker forex.com in us

Version 2.2 2018.11.08
Fixed bug (support of other EA's transactions)
Version 2.1 2018.10.29
- fixed small bugs in the code
Version 2.0 2018.08.28
- Added additional trading system (Version-V2) (H1 Timeframe)

New input parameters:

- Version(1/2) - select the version of the system;
- Buy Pending shift - shift for setting buy orders;
- Sell Pending shift-shift to place sell order;