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Tops Scalper FV
The robot places BuyStop/SellStop orders at a short distance from key price levels , trying to take advantage of the triggering of stops or pending orders accumulated at those levels . It is highly recommended to use a low slippage , low spread broker , fast computer or vps and low latency trading server for the robot to manage to work correctly .
This is the free version of the EA and lot size and magic number are limited . It may only be used one time per symbol .
Alternative set files can be found in Post #41 in the "Comments" section .
Recommended pairs : Forex Majors .
Timeframe : H1 .
Hard Stop - is a normal stoploss ,set in points , based on the pending order placement ; if it is set to 0 it is not used ;
Virtual Stop - closes the open order if it was triggered at worse price than initially requested , so that the loss is not larger than it should be ; it is set in points and is not used if it set to 0;
Take Profit - normal takeprofit , set in points , based on the pending order placement , not used if set to 0;
SellOffSet - offsets the pending orders (SellStop or BuyLimit) with the value input in points . If the input value is positive the EA will place the order above the lowest level by the number of points input by user .If the input value is negative , the EA will place the order bellow the lowest level by the number of points input by user;
BuyOffSet - offsets the pending orders (BuyStop or SellLimit) with the value input in points . If the input value is positive the EA will place the order bellow the highest level by the number of points input by user .If the input value is negative , the EA will place the order above the highest level by the number of points input by user;
TrailingStop - set in points , not used if set to 0 ;
TrailStep - the step in points the TrailStop will move ;
StartTrailAfter - starts the TrailStop only after the points in profit are achieved ;
BreakEven - true/false ; if true , BreakEvenAfterPoints will move SL to BreakEvenPoints in profit;
Level - the number of candles used to calculate the high and the low level;
ReverseStrategy - if set to true , places SellLimit instead of BuyStop and BuyLimit instead of SellStop.
UseProfitTarget - if set to true , profit and loss in account currency is used for closing orders or basket of orders .
ProfitTarget - the profit goal in account currency that will be used .
MaximumLoss - all orders will be closed if the input loss in currency is achieved .
Working Time For Sending Orders : StartTime and EndTime .
DeletePending - true/false - if true , deletes pending orders outside the time interval established in Working Time .
Working time settings become Optimizable .
Improved information displayed on chart .