Forex ea Fast-Scalper-EA-MT4(Codigo Fonte)

This EA operates when a price peak is retracing. It places a pending order based on the peak and executes it upon the reversal.

No standard indicators.

No grid trading.

No arbitrage.

No curve-fitting based on backtest results.

No hedging.

Very low Stop Loss ratio.

Can be started with just $100, tested with a 99.90% modeling data quality.

Recommendations:

Developed for M1, EURUSD.

ECN broker with 5-digit pricing.

Settings

Spread: Needs to be as low as possible.

Trailing Enable/Disable: True or False. It decides if the Trailing Stop should function or not.

Trailing Stop Value: Pips that must be in profit before the trailing stop is activated.

Money Management by EA: The EA will decide the lot size if this parameter is set to True.

Risk Level: Percentage of equity to risk; works with money management.

Manual Fixed Lot: A manual lot size can be provided to the EA. For the manual lot to work, "Money Management by EA" needs to be False if manual lots are required.

Maximum Lot Size: Maximum lot size for trading.

Buy Magic Number: Unique identifier for a buy order.

Sell Magic Number: Unique identifier for a sell order.

Take Profit: Profit target in pips.

Stop Loss: Maximum loss in pips.

Trade Gap: On a reversal, the market pulls back. This is the distance (in pips) from the market peak to the pending order placement level.

Market Jump Before Buy Execution: Single-candle jump in pips required to trigger a buy.

Market Drop Before Sell Execution: Single-candle drop in pips required to trigger a sell.

Number of Lot Digits: Number of digits after a decimal point for the lot size (e.g., for 0.01, there are two digits).

Multiplier for Second Trade: For some trades, a second trade is opened to cover a loss; this trade's volume will be a multiple of the first trade's volume.