Procyon
- Experts
- HEGUI Morad
- Versione: 1.3
- Attivazioni: 10
Procyon is a fully automated professional Expert Advisor for scalping trading and designed for the major volatile pairs.
It use a custom algorithm for recognizing the Price Action and sends a pending order during large market movements and takes advantage of the retracement to make a significant profit, while ensuring some moderate losses through a tight hard stop loss.
Minimal recommended deposit - $200
Timeframe : M1
Best result when used on high volatility 5 decimal pairs like GBPUSD, EURUSD, USDCAD ...
Good luck !
It use a custom algorithm for recognizing the Price Action and sends a pending order during large market movements and takes advantage of the retracement to make a significant profit, while ensuring some moderate losses through a tight hard stop loss.
Advantages
- Few parameters for more efficiency (with .set files for each pair)
- Hard Stop loss and Spread filter for every trade
- Optimized lot size managed by account Balance and Risk
- No Grid, No Hedge, No Martingale, and No Averaging of losing positions
- Effective even on low leverage accounts (1:30 or higher)
- Low Drawdown to start with a small capital ($200 min or higher)
Parameters
Trading- Allow Trading : Stop all activities of Expert if false (do not use this option if orders with same Magic Number are opened)
- Allow SELL orders : Enable/disable Sell orders (do not use this option if Sell orders with same Magic Number are opened)
- Allow BUY orders : Enable/disable Buy orders (do not use this option if Buy orders with same Magic Number are opened)
- Stop Loss : Hard Stop loss distance in points
- TrailingStart : Distance in points of trailing beginning
- TrailingSize : Size in points of trailing
- Magic Number : Number to distinguish orders from others EA
- ValueForceATR : Value to determine the signal force volatility. The higher the value, the fewer the trades. It is a variable of important adjustment according to the traded pair
- Max Spread : Maximum spread allowed to open a trade
- Max Slippage : It will be your max slippage to open a trade
- Fixed lot : Size of lot if AutoLot if Automatic LotSize is disable
- Automatic LotSize : Enable/disable automatic lot calculation based on account free margin, stoploss size and risk percentage
- Risk on eatch order : Percentage of account balance for Automatic LotSize calculation (0.03 for 3% for exemple)
- Max Lot Size : Max Lot size to use if Automatic LotSize is enable
General Recommendations
This Expert Advisor requires ECN account with low spread and good execution.
A VPS is required, located in the same location of your broker's server.
Be careful, this expert is sensitive to latency and slippage to provide optimized performance, i recommend great caution in starting to test it on a demo account for at least few months before using it on a real account.
A VPS is required, located in the same location of your broker's server.
Be careful, this expert is sensitive to latency and slippage to provide optimized performance, i recommend great caution in starting to test it on a demo account for at least few months before using it on a real account.
Minimal recommended deposit - $200
Timeframe : M1
Best result when used on high volatility 5 decimal pairs like GBPUSD, EURUSD, USDCAD ...
Good luck !
