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