Trading Robots for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
EA XY Scalper is an Expert Advisor that trades on the scalping strategy, with a conceptually new approach to calculating support and resistance levels and with automatic optimization neural network, built-in artificial intelligence
It has a two-level trailing of positions
It has a built-in system for restoring unprofitable positions, built on a special algorithm
It is possible to trade in semi-automatic mode, using the built-in panels on the chart
If you set Magic ID = 0, the Expert Advisor will work with orders opened manually or that you open in the terminal on your smartphone or tablet
Recommended timeframes: from M1 to H1 (M1 - high risk, M5-M15-medium risk, M30-H1-low risk)
Minimum deposit: from $ 200 (not for all currency pairs, you can choose a pair in the strategy tester for your deposit) for trading on one pair
Recommended deposit: from $1000 for trading on all recommended pairs
Recommended currency pairs: USDCAD, EURAUD, AUDCHF, EURCAD, CHFJPY, EURCHF, GBPCHF, CADCHF, NZDCHF
Recommended brokers: Tickmill, RoboForex, IC Markets, as well as any other brokers that have ECN, RawSpread or market accounts with zero spreads and minimum StopLevels
ALL SETTINGS MUST BE SPECIFIED AS FOR 4-DIGIT QUOTES. FOR 5-DIGIT QUOTES, THE EA WILL RECALCULATE EVERYTHING AUTOMATICALLY
DESCRIPTION OF SETTINGS:
GENERAL SETTINGS
Select Language - Select the interface language
New Cycle - Enables / Disables the Expert Advisor
Trade Buy - Allow Buy trading
Trade Sell - Allow Sell trading
Trade Buy - Allow Buy trading
Trade Sell - Allow Sell trading
Start Hour - Start Hour of trade
End Hour - End Hour of trade
Max Spread - The Maximum allowed spread for trading
Count Bars for Calculations - Number of bars for calculating support and resistance levels
Change Levels if restart - Sets or deletes the real SL and TP levels when starting / restarting the Expert Advisor
MONEY MANAGEMENT
Use Funds - Selection of funds for trading when calculating the autolot
Use Autolot - Enables / Disables automatic calculation of trading volumes
Autolot Size, money - The Amount of funds for automatic calculation of lots
Fix Lot - Fixed lot size (also used for automatic calculation)
Max Open Orders - Maximum number of main orders , if -1 no limits
StopLoss, pips - Stop Loss Level in points
TakeProfit, pips - Take Profit Level in points
Virtual TP SL - Trading with virtual SL and TP levels
Close if Reverse - Close open positions when a counter signal is received
Minimum Margin Level, % - The minimum margin level in percent, at which the EA will stop trading, until the situation improves
TRAILING SETTINGS
Use Trailing - Enables / Disables the trailing
Trailing Start, pips - Distance from the position in points to start the trailing operation
Trailing Stop, pips - Distance in points from the current price for placing a stop order
Trailing Step, pips - trailing Step in points
Close Part, 0-->Off - part of the position for partial closing of the order. If the value is zero, the function is disabled
PENDING SETTINGS
Trading with pending orders - Turn on/Disable trading with pending orders
Distance for open pending orders - Distance from the current price to the open price of the pending order
Expiration pending order - The expiry time of the order
Moving pending to best price - Move to the best price
Step - Order movement step
RECOVERY SETTINGS
Use Recovery - Enables / Disables the system for restoring unprofitable positions
Grid step, pips - distance in points from the farthest position for building a restoring grid
Minimum Profit, pips - Minimum profit in points for closing the grid in parts of two orders
Lot Multiplier for Grid - Multiplier for grid orders
Max Recovery Orders - the Maximum number of orders in the recovery grid
Recovery with pending orders - To recover the pending orders
Recovery with pending orders - To recover the pending orders
OTHER SETTINGS
Show Trading Statistics - Enables / Disables the display of trading statistics on the chart
Magic ID - Magic number for the EA's orders
BE SURE TO CHECK THE WORK OF THE EXPERT ADVISOR ON YOUR BROKER'S DEMO ACCOUNT!
