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Scalping King

I have been developing, testing and correcting this automated scalping system for a long time. Use night scalping strategy, The RSI indicator, Stochastic, Moving Averages, CCI and an ATR-based filter are used for entries.

Recommended parameter:

  1. Minimum deposit of 100$ USD, (if minimum LOT=0.01).
  2. Use it in M15 time frame
  3. Recommended symbol is EURUSD, GBPUSD, ...
  4. Use Trading Time: Start Hour 21:16 - End Hour 23:16 GMT+3 (Modify according to your broker).
  5. VPS: A VPS with good latency rate.
  6. Requires an ECN account with minimal spread, Broker proposal:  ( https://icmarkets.com or https://tickmill.com )

File setting:

Parameters:

  • Slippage - Slippage
  • MaxSpread - MaxSpread
  • MAGIC - Magic Number
  • Step Orders - After how many pips the EA should open trade or look for signal to open.
  • Max Orders - the maximum number of open orders.
  • Lots - Initial lot size.
  • Auto Lots - enable/disable auto lot calculation.
  • Risk - amount of the deposit, on which Lot is to be used when Auto Lots is enabled.
  • Take Profit (pip) - real take profit in pip.
  • Stop Loss (pip)- real stop loss.
  • Breakeven Start (pip)- after how many pips in profit the breakeven should start.
  • Breakeven LockProfit (pip) - How many pips will be the distance between SL and the opening price.
  • Trailing Stop(pip) - after how many pips in profit the trailing should start.
  • Trailing Step(pip) - How many pips will be the distance between SL and the current price.
  • StopLoss In Money($) - This number is in Currency.
  • TakeProfit In Money($) - This number is in Currency.
  • StartHour - Start Hour In Server Time.
  • EndHour - End Hour in Server Time.


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