Trading utilities for MetaTrader 4

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MetaTrader 4

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Algo Scalper EA

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100 $75 $

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Information

Experts
MetaTrader 5
Tshepo Michael Motaung
1.0
5

Overview

Algo Scalper EA is a confluence day trading robot using market orders and it trades during Trading Sessions. The EA exercise consistency and risk management, it has 2 entry signals produced from  Moving Averages(90 & 120) to harvest the most out of the trending market (on automatic mode). It is capable of allowing you to trade any symbol you want and during the time you want. Profits can only be secured by take profit level. Low spread is highly recommended for this EA, and you will see significantly high profitable trades during trading session of your choice. The backtest is done using default settings, you can change them to those that works best for you.

INPUTS

  • Lotsize - lot size used to enter trades
  • TradesOnSymbol - number trades to be opened +1 per signal on current symbol(set to 1, 2 trades will be opened)
  • TpPoints - take profit in points
  • SlPoints - stop loss in points
  • Timeframe - timeframe the EA is going to trade on(recommended M15)
  • TimeStart - start time for the session you want the robot to trade
  • TimeEnd - end time for the session you want the robot to trade

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