Aggressive scalper

• The algorithm based on strict adherence to the price movement (trend) and fixing of any slightest movement.
• To enter into the market, it uses the instant price movement of an instrument.
• The EA places Take Profit and Stop Loss to lock in profits and to limit possible losses.
• The Trailing Stop function allows to fix any sign of market movement.
• Aggressive scalper can work both with a fixed lot and using percent of deposit.
• It uses market orders.
• Does not use such trading elements as Martingale or grid.

Requirements

• Requires a broker with a tight spread.
• The "Trailing Stop" function is compulsory.
• Chart period to attach the EA: М5,М15.
• Account types: any, ECN accounts are preferable.
• Better use VPS.
• Always works only with its own orders, so it will not prevent simultaneous manual trading.

Recommendations

• It can work on any deposit with any account currency. Account balance requirements are calculated as 50$ for 0, 01lot.
• Connect the Rebate spread return program. The EA trades frequently allowing you to earn some extra profit.
• To work with several symbols, simply launch the EA on the appropriate charts.
• When selecting a currency pair for the EA, look for the amplitude of movements of 700-2000 points (5 digit quotes) per a trading day. Good results with EURUSD, USDCAD, GBPUSD.
• Optimize the Expert Advisor parameters after a strong one-directional movement or a flat period, which can be determined visually on the D1 chart.

Parameters

• Use_ma_Filter = turn on the filter based on Moving Average: true/false;
• MA_Period = Moving Average period: true/false;
• Use_bar_Filter = turn on the filter based on the previous bar position: true/false;
• Reverse = enable signal reverse: true/false;
• Closes = enable closing positions at a reverse signal: true/false;
• TimePrice = the time interval to analyze the price movement;
• Jump = an instant price movement in points;
• TakeProfit = take profit level in points;
• StopLoss = stop loss level in points;
• Take_Profit_Money = take profit level in the deposit currency;
• Stop_Loss_Money = stop loss level in the deposit currency;
• Enable_Trailing_Stop = enable the Trailing_Stop function;
• Trailing_Stop_Start_Level = the level to activate Trailing_Stop;
• Trailing_Stop_Distance = distance to the price of the protective stop loss of the Trailing_Stop function;
• MoneyManagment = trading % of deposit: true/false;
• Risk = used % of deposit;
• Lot = initial lot;
• MaxLot = maximum position volume;
• MaxOrders = maximum number of opened orders;
• Bar_limit = disable opening multiple positions on the same bar: true/false;
• FrozenDepositPercent = % of deposit reaching which the EA stops trading;
• Use_Spread_Filter = use of the spread filter: true/false;
• Max_Spread = maximum allowable spread value;
• DepoStopTrade = disable trading at the FrozenDepositPercent level: true/false;
• Play_Sound = sound alert about opening/closing a position: true/false;
• Magic = unique number for positions opened by the EA;
• Show_Comments = display the trading information on the chart: true/false;
• Slippage = allowed price slippage in points;