Rabbit Scalper is an automated expert advisor based on Power and Speed of Price Movement, and it does not use any indicator beside than candlestick. Trades on reversal price by sudden spike movement within 5 minutes period and catch the reversal with pending orders.
This expert advisor is fully optimized for volatile pairs such as EURUSD and GBPUSD with low spread, stop level and freeze level.
- Manual Lot Size - Lot size if Auto Lot Size is false.
- Activate Auto Lot Size - Set true if you want to activate auto lot size calculation based on Risk.
- Risk (%) - Risk calculation based on Stop Loss and Account Free Margin.
- Stop Loss - Stop loss in pip.
- Take Profit - Take profit in pip.
- Trailing Start - Trailing start in pip.
- Pending Order Distance - Distance between current price and pending order.
- Bar Size - This is minimum size of the current bar to identify trade signals.
- Expert Name - Expert name and order comment.
- Expert Magic Number - Expert identification number to identify orders.
- M5 chart
- Volatile pairs such as EURUSD or GBPUSD
- Low spread, recommended below 1.0
- Low stop level, maximum 2.0
- Zero freeze level.
- Account Leverage at least 1:300
- 5 digit quotes (recommended)
- VPS hosting 24/7