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Unicorn MT4

Unicorn MT4 is a fully automated scalping Expert Ad visor based on High and Low prices of the chart. This Ea use  martingale strategies in MetaTrader 4 Terminal.The EA does not use indicators. Each entry point is calculated using High and Low prices of the chart. I recommend using VPS and a CENT Account  with a low spread and fast order execution for better trading results.

  • OpenBUY - Set to true to allow buy trades. This setting is true by default.
  • OpenSELL - Set to true to allow sell trades. This setting is true by default.
  • StopLoss - Stop loss value for the open order (default 0 ,no stop loss value).
  • StartTakeProfit - take profit value for open orders (default value 5 pips(50 point))
  • ManualLots - This is the lot size of the EAs trades. 0.01 is the default setting.
  • LotStep - Lot Step Value of The EA (This is use for calculate next lot size of the martingale function).
  • S1 - Begin strategy 1 setting
  • Bars_Checked - Bar count for check strategy 1.
  • Price_GapS1 - Price gap  for  strategy 1(point)(ex:-100 point=10 pips).
  • High_Count -  Repeated high price value count for decide  resistance price.
  • Low_Count -   Repeated Low price value count for decide  support  price.
  • S2 - Begin strategy 2 setting.
  • Bars_to_Check - Bar count for   strategy 2
  • Price_GapS2 - Price gap  for  strategy 2(point)(ex:-150 point=15 pips).
  • MagicNumber - This is the unique identifier for the EAs trades. This number must be different for each chart you've attached the EA only if the chart currency pairs are the same.
  • Comments - comments of the order.
  • Slippage - slippage value of the order.(recommended default setting)
  • Step1_3,Step4_6,Step7_8,Step9_12,Step13 - this values use to manage martingale functions (default settings recommended)
  • RegularSpread - This variable use for filter spread value of the market.

Advantages

  • low draw down;
  • indicators are not used;
  • easy to set up.
  • recovery losses.
  • use two strategies on one EA .
  • More trading opportunities for lower time frame.
  • you can start trading With $30 using CENT Account.


Requirements

  • Platform: MT4;
  • Symbols: All Symbols;
  • use 3 or 5 digit brokers.
  • Minimum deposit: 3000 USC  for CENT account or 3000 USD for standard account for one currency pair.
  • Leverage: from 1:500 to 1:1000.
  • VPS hosting is recommended.

  1. Test in Strategy tester by changing Manual Lot And Lot Step parameter before Real Trading.
  2. The default settings are just place holders and not necessarily the best. Use the settings that best suites you or your strategy.
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