Let me introduce the second semi-automatic Expert Advisor from the family of PIP EXCAVATORS. This EA is based on opening a trade on each tick with take profit and stop loss of your wish! The only thing this EA needs is YOU. The usage is very easy, copy the file to your MT4 (broker) folder and put it into your charts. According to your analysis, you need to search for some DOWNTREND and let the PIP EXCAVATOR FOR SHORT work. You can start it when you want and stop it when you want.
Make your trading perfect and collect each pip on market with your Pip Excavator for Short! Do not forget to have a look at the second member of the family PIP EXCAVATOR FOR LONG.
Tip: Try to open a low number of trades with TP including spread (e.g., 5 pips). According to this, you can scalp in very effective way and secure your profit. Try to use it at the beginning with the lowest lot size to be familiar with usage of your Pip Excavator for Short.
- Lots - position size
- TargetPointinPips - target point value (with 5-digit brokers, set your TP to e.g., 30, 40, 50 etc., which coresponds to 3, 4, 5 pip target point)
- StopLossinPips - stop loss value (with 5-digit brokers, set your SL to e.g., 30, 40, 50 etc., which coresponds to 3, 4, 5 pip stop loss)
- TradeComment - comment for your trades