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Tesla Scalper

Tesla Scalper is a fully automated Expert Advisor for scalping in the quiet market. Every trade position is protected by a hard stop loss to protect from an unexpected high volatility. Advisor continuously monitors the open position, position closing depends on the current market conditions. Once position are opened, 2 systems are activated to manage the positions. The first system manages orders if the signal entry is not accurate, and tries to close positions with a minimal loss. The second system is activated if the signal is correct, and it attempts to close the orders with the highest possible profit. The Expert Advisor is designed for long-term portfolio trading. Tesla Scalper allows trading a fixed lot value, as well as contains a money management unit that automatically calculates lot value for re-investment. It is recommended to switch the EA off on the days of major news releases and the day following a strong volatility surge. For maximum Expert Advisor efficiency, use an ECN account with a narrow spread and fast execution of orders.

A key factor in the EA profitability is a properly configured broker time shift relative to GMT (GMT Offset parameter in the EA settings). For risk diversification, it is recommended to use all the 16 recommended currency pairs.


Advantages

  • Every deal is protected by stop orders
  • No Martingale
  • No extra position holding time
  • No Arbitrage


Requirements

  • Symbols: GBPUSD, EURUSD, AUDCAD, USDCAD, AUDUSD, EURGBP, USDJPY, EURCHF, USDCHF, GBPCHF, EURJPY, GBPCAD, EURCAD, EURAUD, EURNZD, AUDNZD
  • Timeframe: М5.
  • Deposit: от $300 на все пары.
  • Account type: ECN.
  • Account currency: USD.


Parameters

  • Fixed Lot = 0.01 fixed lot value if automatic calculation is disabled.
  • AutoLot = false enabling automated calculation of position volume.
  • Risk = 2 Ratio for automatic calculation of position volume.
  • GMT Offset = 3 broker's time shift relative to GMT.
  • Magic Number = 2016 unique ID of the EA's orders.
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