Fast Track Scalper MT5

This EA is very sensitive to latency and spread. We need an ECN broker with fast execution, tight spread and a low commission.

Recommended market is XAUUSD  

Features :

• No martingale, grid averaging or no stop loss trading.
• Risks are small per trade.  
• An optional automatic lot adjustment feature that adjusts lot size to the account balance. Or to use a fixed lot size.
• Features a panel showing, bid, ask, spread, lot size balance, equity, profit/loss, stop level and a broker execution speed button. 

Settings :

• Distance - Distance in points price must cover before we contemplate placing an order.
• Multiplier - How many ticks we count when price is moving in one direction to also confirm order.
• Maximum Spread - Allows only trades when market is less than or equal to the spread as input by user.  
• Start Hour - On and after this hour the EA will start trading.  
• End Hour - On and after this hour the EA will stop trading. 
• Stop Loss - Sets the size of stop loss from opening order price in points.
• Take Profit - Sets the size of take profit from opening order price in points.
• Trailing Stop  -  Sets the size of our trailing stop in points.
• Minimum Profit To Trailing Stop - Sets the size of profit in points that is required before we activate out trailing stop.

Trading Requirements : 

With this EA you will lose money if you dont make sure your broker has the following :  

High liquid broker 
A broker with fastest execution of < 150ms is essential. We use the execution reading button on panel to find brokers speed. 
Low spread 0 to 1-2 points (Not Pips but points!)
Low Commission
Stop level 0    
True ECN   
Fast VPS with the broker server being as close to your vps server as possible    

The best broker would be :

Pepperstone Razor ECN account

Though others are : 

IC Markets 
FXCM 
Vantage FX 
Roboforex
FXOpen 
OctaFx