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MetaTrader 5

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Information

Experts
MetaTrader 5
Igor Radko
1.0
10

Overview

One of the old developments caught my eye, for some reason forgotten in the archives. Actually, a good old night scalper.

Trades from $ 100 deposit (for one currency pair and use the LOW BALANCE = true mode), while taking into account the risks (a deposit size of $ 1000 is desirable).

Set the GMT OFFSET parameter relative to your broker's server time (test the results).

Otherwise, the trading algorithm is fully automated.

Set the timeframe H4.

Tested on the currency pairs EURCHF, USDCHF, EURGBP, EURUSD, GBPUSD, CADCHF, AUDCAD, EURCAD, GBPCHF, AUDUSD, AUDCHF, NZDCHF, they are also recommended for use.

Parameters

USING (RISK/LOT) - percentage of risk, or a fixed lot

VOLUME (RISK/LOT) - value

LOW BALANCE - with a small deposit size, it is better to use this mode, reduce the load on the deposit.

GMT OFFSET - offset relative to GMT (you can use the tester optimization mode)

FILTER SWAP - filter of the current swap

DISPLAY SWAP - displaying the current swap

TRADE ON FRIDAY (ON/OFF) - enable/disable trading on Friday evening

TRADE ON MONDAY (ON/OFF) - enabling/disabling trading on Monday morning

NUMBER OF UNPROFITABLE TRADES - suspension of trading after a loss

MAGIC NUMBER - magic number

THE MAXIMUM SPREAD IS CLOSE FOR TRADING - the maximum spread level for opening trades


If possible, use a VPS for uninterrupted communication with the broker, or a reliable Internet connection.

Use accounts with a moderate spread and commission.

Before buying, you should study the trading conditions on the website of the dealing center where the expert will trade.

You should also read about the risks of trading on the forex market.


The test of the adviser's work on the EURCHF pair in the screenshots


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