Virtual Trendline Scalper
- Experts
- Antonis Michos
- Version: 1.6
- Updated: 23 June 2022
- Activations: 15
Welcome.
Virtual Trendline Scalper is a scalping machine (trades quite often) that uses virtual trades in virtual trendlines before it opens a real one in decent to perfect places.
****VERY IMPORTANT Note:As much you increase the distance between trades ,the EA will possible start to open also a hedging trade changing completely the strategy! Such a great EA !!!
IMPORTANT:Due to huge amount of variables that are used in the code of the EA and the many drawings in the chart,the EA's code became very heavy ,resulting to a very very slow testing in ticks.
Recommendations:
Important:
- The default trades GOLD/XAUUSD.
- For forex pairs just delete the zero (0) from distance input
- Here you can find a ready setfile for forex. (As mentioned above,you can play with this input by increasing it) Contact me if you do not understand .
- 2000$ Balance
- 15M timeframe but you can use it at any based on your trading style.(higher timeframe is also a good proposal)
- Different magic numbers between different charts.
Inputs:
- Starting lot:The starting lot.
- Multiplier Martingale:The multiplier of positions.
- Min Distance in pips:The min distance in pips between trades.
- Stop Loss in Pips:The stop loss in Pips.
- Max Lot Martingale:The max lot a position can have.
- Max Sells:The max sells.
- Max Buys:The max buys.
- Min TP in money:The min take profit in money.
- After X positions enable overlap:After X positions(you will set the number).the EA will close a losing position with a winning one.
- Close all if loss is greater than minus x money:If the loss is bigger than the negative input you will set,the EA will close all trades.
New inputs:
- Pause EA if trades are X:The EA will be paused based on current X trades that he has opened.(set the number of trades you want the EA to pause trading)
- Restart EA if 4H candle is in Trend based on X mov Average:The EA will restart when the 4 hour candle is back on trend based on the moving average.(You set the value of the moving Average)
- Min TP for 1 position in pips:The minimum TP for one position counted in pips.
Beauty).