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
- 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.
- 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.
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;