Speed Scalper System
04.03.2020: UPDATE V1.1 with several new functions and new setfile will be coming soon! Price will increase!
This is an very early alpha version of SPEED-X EA in prototype phase
Based on Pure Price Action ! - Simple but accurate !
The whole truth lies in the movement of the market itself!
Initial order is triggered on the change of defined X pips in the range of defined Y seconds.
The SPEED-X recognizes breakouts due to increased speed of the marked and makes profit of it.
It is constantly being further developed and the purchase price will increase significantly with new released Versions.
Buy now, and you will get all future versions with all new Features for free!
Many further functions will be implemented in future!
Dangerous strategies like grid and martingale are not used.
It works on any symbol & currency.
Timeframe is not relevant because it works on pips change, based on pure price action.
Due to this fact is has to be optimized on: "Every tick based on real ticks"
Recommended: ECN hedging account with low spread & VPS with low ping.
But with standard settings it also runs on normal spread accounts without VPS and low ping and can by optimized and adapted to any account condition.
--> The smaller the spread and the order execution time, the higher the order frequency.
--> The higher the spread and the order execution time, the lower the order frequency.
Please load Setfile for EURUSD from following link: https://dracoon.team/public/download-shares/13ulhut5IOPQqbWlXcCvK4v9Tj5DWZwd
Further Setfiles will be available soon.
Show info panel: true/false
Pips to change: Defined X pips that have to change in an specific time range.
Seconds (max.) for pips to change: Defined range of maximal time Y in seconds for pips change range.
Lotsize: Lotsize per Order.
Take Profit: Take Profit distance in pips.
Trailing Stop Loss: Trailing Stop Loss distance in pips.
Trailing Step: Trailing Step distance in pips.
Maximal allowed Spread: Maximal allowed spread for the EA opening orders.
Magic Number: Magic number of the EA
Planned for soon coming versions:
- Timefilter (Days and hours)
- Risk based calculation of lotsize depending on account balance
- Advanced terminal info & interaction panel
- non hedging mode (for fifo accounts)
- Also available version for MetaTrader 4
- Add Switchable hedging mode
- Add Weekdays Filter
- New optional 3-Stage Trendfilter
- New optional Order Risk management (Risk can be defined for every Trade for automatic lot calculation)
- Improved Settings for EURUSD