Scalping TradeForLive EA

It features advanced entry algorithms, smart risk management, and built-in recovery mechanisms, making it suitable for both conservative and aggressive traders. Whether you prefer steady small gains or structured compound growth, this EA adapts to your strategy.

Recommended Trading Conditions

To ensure optimal performance and safety of your capital, we recommend the following setup:

• Account Type : Cent Account recommended
• Minimum Capital: 1,500 US Cent (equal to 15 USD) or equivalent
• Leverage: 1:500 or higher recommended
• Timeframes: All (M1, M5, M15, M30, H1, H4, D1 — fully compatible)
• Currency Pairs: All major, minor, and exotic pairs
• Execution: ECN or STP broker with low spreads and fast execution

Detailed Explanation of Input Parameters

===== BASIC PARAMETERS =====

• Options: true / false
• false = Single Shot Mode: The EA opens only one order at a time. No additional orders are placed regardless of price movement. This is the safer, conservative mode — ideal for stable, trend-following trading.
• true = Martingale / Grid Mode: The EA opens a series of orders in the same direction as the market moves against your position. Lot size increases with each new layer to recover previous losses and generate profit when the market reverses. This mode offers higher profit potential but also higher risk.

• Options: true / false
• Note: Only works if UseMartingale = true
• false : The EA only trades in one direction at a time (either Buy or Sell).
• true : Enables Hedging mode. The EA can open both Buy and Sell orders simultaneously, creating a grid in both directions. This captures profit in ranging markets but requires more margin and careful capital management.

===== STRATEGY SETTINGS =====

• Default: 0.01
• The volume (lot size) used for the very first order opened by the EA. Adjust this based on your account balance and risk preference.

• Default: 1.25
• Note: Only used in Martingale mode
• Multiplier applied to the lot size for every new order opened in the grid.
  Example: If first order = 0.01 lot, next = 0.01 × 1.25 = 0.0125 lot, then 0.0156 lot, and so on. Higher values mean faster recovery but higher risk.

• Default: 255
• Target profit in points (pips).
  • In Single Shot mode: Fixed profit target per trade.
  • In Martingale mode: Calculated as an average target for the entire grid basket, ensuring the whole series closes once the net profit reaches this level.

• Default: 12
• Note: Only used in Martingale mode
• Maximum number of orders allowed in one grid cycle. This limits exposure and prevents over-margining. Once this number is reached, no new orders are opened until the basket closes.

===== NON-MARTINGALE ONLY =====

• Options: true / false
• Enables or disables Trailing Stop. This feature automatically moves your Stop Loss level closer to the current price as the trade moves in profit, locking in gains while allowing further growth.

• Default: 150
• Trailing Stop activates only after the trade is in profit by this number of points.
  Example: Start trailing only after +150 points profit.

• Default: 50
• Distance (in points) between the current price and your moving Stop Loss level.
  Example: If set to 50, the SL will always stay 50 points away from the best price reached.

• Default: 500
• Fixed maximum loss limit in points for each individual trade. If the price moves against you by this amount, the trade is closed automatically to limit loss.

===== DISTANCE SETTINGS =====

• Default: 1000
• Initial gap (in points) between the first order and the second order in the grid.
  Example: Open first Buy → Price drops 1000 points → Open second Buy order.

• Default: 1.15
• Expansion factor that increases the gap between subsequent orders. This helps adapt to market volatility and prevents opening too many orders too close together.
  Formula: Next gap = Previous gap × Multiplier.

===== OVERLAP SETTINGS (MARTINGALE ONLY) =====

• Options: true / false
• Enables advanced recovery mechanism: instead of closing the whole basket, the EA closes the oldest and newest orders together once a small profit is reached. This reduces the total number of open orders and frees up margin earlier.

• Default: 8
• Activates the overlap logic only when the grid reaches this number of open orders.
  Example: Start recovery process once 8 orders are open.

• Default: 1.5
• Minimum profit amount (in account currency — USD / EUR / etc.) required to trigger the overlapping close.
  Example: Close two orders once together they make +1.50 USD profit.

===== GLOBAL TARGET SETTINGS =====

• Options: true / false
• Enable global profit target. When the total floating profit of all open orders reaches the defined value, everything is closed automatically.

• Default: 150.0
• Total profit target in your account currency.
  Example: Close all trades once total profit = 150.00 USD.

• Options: true / false
• Enable global loss limit. If total floating loss reaches the defined value, all positions are closed immediately to protect your capital. Recommended to enable for safety.

• Default: 100.0
• Maximum acceptable loss in account currency.
  Example: Close all trades once total loss = 100.00 USD.

===== IDENTIFICATION SETTINGS =====

• Default: 768277392
• Unique number assigned to all orders opened by this EA. This ensures the EA only manages its own trades and does not interfere with manual trades or other EAs running on the same chart. Do not change unless running multiple copies of the EA at once.

• Default: "Scalping TradeForLive"
• Text label attached to every order. Helps you easily identify trades from this EA in your trading history or statement.

⚠️ Risk Disclaimer

• You may experience full or partial loss of your capital, especially when using Martingale/Grid modes.
• Martingale and Hedging features increase both profit potential and risk exposure — use them only if you fully understand the mechanics and risks.
• Always test the EA first on a Demo account before using it on a Live account.
• Do not use funds you cannot afford to lose.
• The developer is not liable for any financial losses incurred while using this product.