Scalper bot

Bot description:

variables: lot size / buy or sell (initial position only) / distance between trades / drawdown (in pips) for opposite position to open / lot size multiplier to apply when new position type is opened / target profit / maximum lot size (new trades keep opening but at maximum lot size only when reached) / maximum drawdown

Example: Initial trade - let's say buy lot size 0.01 & multiplier of 2. New trades open every X pips. If target profit is reached, close all trades and reopen new one (same position type).

If trades reach drawdown - opposite position Sell is opened with lot size 0.02 (as per the multiplier we choose) - new trades are then opened at every X pips from start. If target profit is reached, close all trades.  

If these last trades reach drawdown limit (in pips), new Buy position is opened with lot size 0.04 (as per the multiplier from previous lot size opened) - new trades are then opened at every X pip from drawdown limit. (new trades keep opening for the initial loop with lot size 0.01)

etc ... etc... 

Sell 0.08- from initial level + New trades every X pips

Buy 0.16 - from drawdown level (not from highest level) + new trades every X pips

We add a maximum lot size for example 1.