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Yellow mouse scalping MT5
Yellow mouse scalping
Yellow mouse scalping is a fully automated Expert Advisor designed for trading at night in a calm market. The strategy is night scalping. To find entry points, standard RSI and ATR indicators are used. The closing of transactions takes place according to the author's algorithm, which significantly improves the ability to control risks and security of the deposit. Thanks to a wide range of settings, each user can choose an acceptable risk / reward ratio. Risky martingale strategies are not used.
Monitoring the work of the adviser, as well as my other developments, can be found at https://www.mql5.com/en/users/vkprofit/seller#products
Video description of the settings and examples of work can be found here https://www.youtube.com/watch?v=Jf10ZElqHoo
The minimum deposit is 50 USD, the recommended timeframe is M5. The EA opens trades in a calm market, execution and spread are not crucial for the operation, but still have an impact on the result.
The default settings are intended for trading on EURUSD, TF M5. GMT +2 broker time (in winter time)
When testing, it is important to consider that the adviser is sensitive to the time of opening trades.
The main settings of the EA can be viewed here - https://www.mql5.com/en/blogs/post/733066
Check for yourself by comparing the time of the release of important news on the calendar in the past with the time of market reaction by bars in the strategy tester.