AlgoScalpPro forex robot
AlgoScalpPro forex robot,Advanced scalper expert Advisor with loss recovery system. The EA has been tested from 2010 to the present day in various market conditions/periods (testing at an earlier period does not make sense, because spreads were very large and the market was very volatile). Using professional software, with simulation of real spreads (extensions), market delays (simulation of real execution of transactions/stops) and real slippage (based on delays, pending orders 100-150ms market orders 200-300ms). The results are close to real deals.
Always use stop loss
Martingale/ grid / hedging is not used, etc. (the recovery function uses lot increase 1 time)
Complies with FIFO rules
To test, you need a history of 1000 bars
Recommended pair EURUSD. Timeframe H1.
Recommendations for risk (maximum) (recovery mode):
1:500 – Risk = 25;
1:200 – Risk = 10;
1:100 – Risk = 5;
1:50 – Risk = 2.5;
1:30 – Risk = 1.5;
Attention! If you use Recovery mode, the EA uses a file named “Name of the file recovery” to write data for this function and if you run the EA again (i.e. as the first start) or change the account, you need to change this name , if something is unclear write to me in PM.
Recommended – ECN/STP Broker with minimum stop Loss level 0-1 pips/spread 0-5 pips (5 digits) /VPS server.
Parameters
Name of the file recovery –name for the data storage file for the restore function (change the name when)
Magic Number – transaction ID;
Show Info Panel – show information panel.
EA Comment – comment to trades.
Lot calculation mode (Auto/Fix) – lot calculation mode (Autolot/Fixed Lot);
Risk – lot size based on maximum risk per trade;
Fix Lot – fixed lot size;
Take Profit – take-profit;
Stop Loss – stop-loss;
Spread control ON/OFF (current) – control of the current maximum spread;
Spread control ON/OFF (average) – control of average maximum spread;
Adaptation SL in case of slippage – adaptation of the Stop Loss during slipping (set the proper SL, if it was slippage when opening a trade);
Close trade if the slippage > “Maximum Slippage” – forced closing of a trade when a pending order is slipped by more than the value specified in the Maximum Slippage parameter;
Maximum Slippage – the maximum slippage for activation of forced close;
Breakeven – function of transfer of the transaction to breakeven (on/off);
The number of points to breakeven – the number of profit points required to activate the Breakeven function;
Size breakeven – number of profit points (where stop loss will be set);
Buy Pending shift – shift to place a buy order;
Sell Pending shift – shift to place a sell order;
Winter GMT Offset – server winter time zone;
EA Start Hour – the hour to start work;
EA End Hour – end hour of work;
Friday End Time – time of finishing work on Friday;
Amount of profit (in points) for the trailing stop – number of points required to start a trailing stop;
Trailing stop value – the size of the trailing stop;
Step of the trailing stop – the step of the trailing stop;
Pending order placement interval (Recommend – Current) – pending order placement interval (recommended – Current);
Allow buy orders – allow buy orders;
Allow sell orders – allow sell orders;
Broker Commission amount – The size of the brokerage Commission (per lot);
Broker quotes shift (true / false) – Use quote shift (if the Bid price is different from the price on the chart);
Broker quotes shift (auto calculation) – Automatically calculate shift;
Broker quotes shift (enter a value) – The shift value;
Number of attempts to break the level – the number of attempts breakdown;
Adaptation support in slippage – adaptation support in slippage;
Recovery mode – drawdown recovery function (on/off);
Multiple start recovery (trailing/breakeven) – coefficient for trailing/no loss for recovery function;
Multiple lot for recovery mode – lot calculation factor for recovery function;
Loss point for activate Recovery – the size of the loss in points to activate Recovery mode;
Start balance point – the starting points for calculations;
