Scalping Now EA
- Experts
- Cheng Zhang
- Version: 1.0
- Activations: 9
"Scalping Now" EA is a—— robot based on an efficient breakout model, which enters the market and quickly closes positions when prices climb above a resistance level .So as to lock in profits quickly.EA performed well in EURUSD and USDJPY's 100% real ticks historical data backtesting through a real account, with a win rate of more than 90% and a profit factor greater than 4.0, please see the figure below for details.
Advantages
Built-in a probabilistic model tracked and studied by developers for a long time, which can effectively evaluate the success rate of orders placed at each location and apply probability factors to the amount of each order, in short, it allows you to have more orders in positions with relatively high success rates and fewer orders in positions with relatively low success rates. This model greatly reduces the risk and increases the profits.
Features
—Enter and close positions quickly.
—No grid,no martin.
—Each order comes with a stop loss and take profit.
—Fake breakout filtering.
—Probabilistic lots.
—High risk-reward ratio.
—Built-in risk management, Suitable for both novice and experienced investors.
Requirements
| Symbols | EURUSD,USDJPY |
| Time frames | 1 H |
| Innit deposits | 100 $ |
| Account type | ECN account, Low spread , Zero stop loss is allowed |
Attention
Make sure your broker allows scalping and has low spreads and commissions before using it.
Settings
MagicNumber ——Orders unique number, keep sure the EA running on each window have a different magic number
<Basic Setting>
1 Interval ——The larger the interval, the fewer orders.
2 Innit Bars ——The larger the innit bars, the fewer orders.
3 Deviation from Extremum ——Order set price by deviation from extremum. Such as the extremum is 1.00000, the deviation is 5, then the order set price can be 1.00005(buy) or 0.99995(sell).
4 Period ——The timeframe in which the EA is running.
<SL and TP>
1 Stop Loss Points ——Your stop loss points.
2 Take Profit Points ——Your take profit points.
3 Trailing Stop Points ——Trailing stop points when the EA track market price.
4 Deviation From Extremum to Place Order ——Place an order when market price run in the deviation.
<Risk Management>
1 Global Management ——Choose mode 'auto' or 'manual'.
2 Fixed or Probabilistic lot ——Fixed lot size or probability-based lot size, 3.1&3.2 for fixed lot, 4.1&4.2 for probabilistic lot.( Probabilistic lot is recommended)
3.1 Fixed lot (manual) ——Fixed lot size.( Global Management is 'manual')
3.2 How much per 0.1 lot (auto) ——If your account balance is 300$, and you fill in 100 here, lot size will be change to 0.3.
4.1 Basic Lot (manual) ——The actual order volume will be adjusted 0~5 times on the basis of the basic lot size according to the probability analysis, for example, if it is 0.1 here, the actual order may be 0.3 or 0.08.
4.2 How much per 0.1 Basic Lot (auto) ——Please refer to 3.2.
<Other Settings>
1 Order Validity (hours) ——The validity period of unfilled orders.
2 Maximum Allow Floating Loss Percent ——Maximum allowable floating loss percentage (after which all positions will be closed, the EA will be removed and an email alert will be sent to your email)
Recommended settings
The default settings are suitable for most traders and brokers. On the basis of the default settings, users can adjust the Trailing Stop Points range between 0~20 to better suit their account. For traders with a low risk tolerance, it is possible to set the Fixed or Probabilistic lot to a fix lot.
