EURO USD Scalper EA Settings Explanation!

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EURO USD Scalper EA Settings Explanation!

- Set the maximum spreads.
You can set a maximum spread. if current spread is higher what you set for then it will not open trades.
(So brokers cannot cheat on you)

- Hidden pending settings.
buy and sell pending orders (hidden for brokers)
Pending distance is a different the 2 blue line.
Close pending after minutes. Example if trade not opens in 1 minute then set a new pending order.
1=1 minute
0.1 = 6 seconds
0.2 = 12 seconds
0.3 = 18 seconds
0.5 = 30 seconds

It's totally hidden so the broker cannot see what is your strategy.
(So brokers cannot cheat on you)

- Profit target settings.
This is a dollar amount for every 0.01 lot size.
Example if you set for 0.01 and you trade with 0.05 lots size then will close the trade with 5 cents + steps.
Take profit steps is works like a trailing stop but in dollar amount. 0.01 is 1 cent

- Keep trades open.
Example if you et this for 90 then it will keep a trade open for a minimum 90 second.
(Some brokers have rules for scalping. Example, if you are scalping trade, must be open for at least 60 seconds)

- Auto Lot size.
If you set true then it will use auto lot size.
Amount per base lot is a dollar setting.
Example if you set for 0 then it will open 0.01 lot site for every $30 balance you have. if you have $100 balance then it will open trades 0.03 lot size.
(This setting is great as your balance is growing your trading lot size also growing automatically)

Screenshot_1.png 43.15 kb, 66 downloads since 2018-11-09

SuperEuroUsdScalper_updated-1.3.ex4 36.34 kb, 69 downloads since 2018-11-09

SuperEuroUsdScalper_updated-1.3.mq4 15.51 kb, 73 downloads since 2018-11-09

Thanked for the post: jozmik

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