DTrader unites scalping and daytrading. A profitable basic strategy and a neural network controled take profit enable gains far above usual scalping profits.
Signal real >> (details in description)
No martingale, no grid, always just one order open with StopLoss. DTrader works in any chart, default settings are for GBPUSD M5 chart. A very fast internet connection is not necessary, small spread and low slippage improve the result.
Timing is important! Set SetUTC (GMT) according to the timezone of your broker! Only if the broker changes winter - summer time you must change it too. (Info about your timezone is in MS Windows date and time settings - to that number add the amount of hours the clock in mt4 market watch is ahead or subtract if its back) In case of doubt the backtests with the best result has the right setting.
For a correct backtest download M1, M5, H1, D1 and W1 data for the test period!
SetUTC - timezone. Default set UTC=2 is best, used by many brokers
Auto_Moneymanage: automatic money management On or Off
MiniLots: if true, Auto_Moneym. has steps of 0.01 lot
MaximumRisk: % of account free margin set on risk for a trade
Lots: lot size if Auto_Moneym. is disabled
DrawLines: horizontal lines in the chart show high and lows of former days, weeks and month. More info about that here in the description: https://www.mql5.com/en/market/product/37570
HourStartB: Hour EA starts trading Buy orders
HourStopB: Hour EA stops Buys
Same 2 Setting for Sell orders
HrFriStop: hour EA stops opening orders Fridays (24 = disabled)
HrFriClose: hour when the EA closes open orders Fridays (24 = disabled)
EntryOffsetB: guides a small profit if StopLoss is set to entry - to cover commission
EntryOffsetS: like above but for sell
magic: magic number
Dtrader trades 2 basic strategies and each basic strategy has a derived- a substrategy as shown in the screenshots below.
From Buy1 is derived Sell2 and from Sell1 is derived Buy2.
Each strategy is set by a text like:
The 3 digits after SL define the Stop Loss in points (10 points = 1 pip at a 5 digit broker)
TP is the Take Profit (value is only an indication for TP. For SL it is definitely)
Di defines the Distance in points the last 3 candles must move (see explanation of strategies below in screeshots)
or of the lotsize calculated by automatic moneymanagement if it is activated.
So strategies can be under- or overweighted within the whole system.
Each setting must contain 3 digits like in the example.
Like that all strategies are set. By Setting SL = 000 a strategy is deactivated.