It is an Expert Advisor which works with tick datas. It is a reversal scalper and uses basic price action rules in volatile market conditions. This EA version was optimized for EURUSD pair and low spreads (better maximum 0.9 spread). You can optimize it for your broker or ask me for this before buying.
- AlyonkaFactor = default is 34 for transaction frequency.
- DistanceFactor = default is 20 (parameters must be compatible with your broker settings).
- TrailingStop = default is 20 (parameters must be compatible with your broker settings).
- StopLoss = default is 20 (parameters must be compatible with your broker settings).
- MaxSpreads = default 9 shows that it will work max. 0.9 spread.
- fixedlots = default 0.01 means it will open orders of that size if money management is false.
- risk in percentage = default is 10.
- magic number = 1116.
You can optimize for your broker or ask me for this.
You should use every tick mode and M1 timeframe for better results or higher timeframes for faster results.
You can find unmatched parameter's errors between your input parameters and your broker's settings on the chart window or/and in the journal tab of your MT4 platform.
(*) Ask me if it doesn't work with your broker, I will test for this broker and find a solution.
Use a demo account first before real trade. You only need low spread reliable broker, fast Internet connection and volatile market conditions.