Owl Ea is a scalping Expert Advisor.
The EA opens short-term orders. All orders are closed either by stop loss or by take profit.
The E Aoprates for a few hours per day, mostly at night.
Recommended pairs are EURUSD and GBPUSD.
Works on any timeframe.
- LotRisk: percent of account balance to risk, disabled if 0.
- FixLot: fixed lot value.
- TrailingStop: the trailing stop function, disabled if 0.
- StopLoss: the value of the stop loss level.
- TakeProfit: the value of the take profit level.
- AutoStops: the stop loss and take profit levels will be set automatically.
- maxstop: maximum allowed value of Stop Loss and Take Profit is AutoStops is on.
- minstop: minimum allowed value of Stop Loss and Take Profit is AutoStops is on.
- NumBars: the number of M1 bars used for determining entry points.
- MinKanal: minimum price channel in points.
- MaxKanal: maximum price channel in points.
- StartHour: EA operation start hour.
- FinalHour: EA operation end hour.
- MaxSpead: maximum allowable spread value.
- Slippage: allowable slippage.
- MagicNumber: unique ID of the EA's trades.
- Trade_Comment: comment to the EA's orders.