Marksman Trader Scalper
This Expert Advisor is programmed to be effective only on EURUSD M5. The EA uses exclusively chart information (no indicators are used). The EA is using somewhat scalping method: 10 pips SL, 10 pips TP (the SL and TP can be changed, but it is not recommended). The lot is calculated by a divider and is set by default to 2 000. The divider is working by dividing the account balance with the set number. Example: an account balance is equal to 1 000 USD, while a divider is equal to 2 000, so the lot size will be 1 000/2 000=0.5. I advise everyone to test the EA before buying it.
This EA is tested on a five-digit broker.
Good luck and profitable trades to everyone!
- check stop loss - for setting the maximal SL level.
- modify stops - there is an option NewStopLoss- is for setting the new SL. Example: if the SL opened by the EA is higher than the set value in check stop loss, then its gonna be modified to the set value in NewStoppLoss.
The trailing stop option was deleted.
New settings in EA:
For Buy and Sells:
- VolumeUppreLimit - set the maximum lot.
Trailing stop (each trade) - a trailing stop can be added:
- inp1_tStopPips - set the trailing distance
- inp1_tStepPips - set the trailing step
Check take-profit - if after the opening of the position the TP is lower than the set number, this will change the TP:
- inp8_PipSize - set the TP.
Modify stops - if the TP is lower than the one set on Check take-profit, the TP will be changed to the set value:
- inp9_NewTakeProfit - set the TP.
Note: For changing the TP, both the numbers on inp8_PipSize and inp9_NewTakeptofit must be changed to the same desired value.