Smart Scalping Robot
Smart Scalping Robot is a fully automated Expert that uses a new unique smart scalping strategy in its trading. The price in the Forex market is formed according to the law of supply and demand among the participants in this market, therefore, after an unreasonable rise or fall, it returns to its fair value, this pattern is used by Smart Scalping Robot. The Advisor monitors price changes around the clock to find the optimal entry point. Simply put, the EA determines the moment of price rollback after a strong movement. This robot is designed to trade GBPUSD, EURJPY, EURUSD, USDJPY currency pairs on the M1 timeframe.
Download presets for currency pairs: https://www.mql5.com/ru/blogs/post/741786
It is recommended to install the EA simultaneously on all charts of supported currency pairs.
The advisor's standard settings are suitable for the GBPUSD currency pair on the M1 timeframe.
The EA monitors the market around the clock, so the terminal must be turned on all the time. For this, it is recommended to use a VPS server with a fast Internet connection.
Attention! Since the advisor is a scalper, the results will greatly depend on the conditions provided by your broker (level of spread, slippage, etc.), so it is important to choose a broker account with the most suitable conditions (low spread and low slippage). The maximum spread allowed is 20. The ECN account type is best suited. It is also important to use a VPS server with a high speed internet connection.
MQL5 monitoring Tickmill:
Test results on MYFXBOOK (GBPUSD):
Test results on MYFXBOOK (USDJPY):
Test results on MYFXBOOK (EURJPY):
Testing was carried out on tick quotes obtained through the "tick data suite 2" program with 99.9% quality, as well as with slippage and floating spread simulations to achieve testing conditions as close to reality as possible.
Download test results: https://www.mql5.com/ru/blogs/post/741786
Currency: GBPUSD, EURJPY, EURUSD, USDJPY (others if optimized)
Trading time: around the clock
Minimum deposit: $ 50
- does not use dangerous martingale or grid strategies;
- fixed stop loss, which allows you to control the maximum level of risk per trade;
- automatic reinvestment of earned profits for further trading;
- a small number of losing trades in relation to profitable trades;
- the ability to work with a small initial deposit;
- fully automated
FixedLotSize - lot size of the position to be opened (works if the AutoMoneyManagement parameter = 0);
AutoMoneyManagement - automatically calculated lot according to the size of your deposit;
TakeProfit - take profit;
StopLoss - stop loss;
TrallingStart - the minimum initial number of points that the price must pass to activate the trailing stop;
TrallingStep - the distance that the price must travel for the trailing stop to move;
TrallingStop - distance of the trailing stop from the current price;
Devation - price deviation in points from the fair value;
OrderStep - pending order step;
OrderDistance - distance of the pending order from the current price;
TradeInterval - break after the last trade;
MaxSpread - the maximum allowable spread for opening a position;
MagicNumber - the magic number of the advisor;
ExpertComment - comment to the advisor's orders.