Golden scalper Pro – ADVISOR uses scalping tactics, but in addition to the classic techniques of this tactic, he uses a large number of functions that are responsible for qualitative analysis of the current situation in the market and filtering false signals. This gives an excellent trading result. In trading, the EA uses a price channel, the price crossing of which entails opening the transaction in a certain direction, taking into account all the rules of filtering false signals. The EA is designed to trade in a narrow range of price fluctuations, i.e. practically in the flat on Forex, when there are no sharp price jumps on the market. The EA works at a certain time at the end of the day, as it is during the night period the price moves in a calmer rhythm without abrupt fluctuations. When in the market, the price is in such a sideways movement, the EA analyzes the situation that occurred at the last American session, takes into account the direction and strength of the forex trend during this period (if there was one), whether the volume of trading (as a percentage), what was the distance at points when crossing any price channel boundary and how long the price was outside it, etc.

The EA’s algorithm is quite complex, as it simultaneously assesses all these factors and decides on the basis of them to open the relevant transactions.

Requirements and recommendations

1. The EA is optimized for USDCHF, EURCHF, CADCHF, AUDCHF timeframe M1.
2. A leverage of 1,500 or more is recommended.
3. Use only accounts with 5 signs.
4. We recommend using a low spread ECN broker and VPS.
5. Before using a real account, test the EA with minimal risk.

advantages

• A smart stop order is used.
• Fixed and auto lots based on MM.
• Doesn’t use breakdown, grid, martingale, arbitration.
• Low trade drawdown.
• The EA is not afraid of slippage.

monitoring

https://www.mql5.com/ru/signals/author/profi_mql

Options

• Order Type – Choosing the direction of trading.
• Magic – Deal ID.
• Order Comment – Comments on the order.
• Slippage – Acceptable slippage before triggering a order.
• Max Spread – Maximum allowable spread.
• Stop Trade if spread high – Off trades for a certain time (from 5 minutes to 24 hours) if the average spread exceeded Max_Spread
• Max orders – Maximum number of open orders.
• Fixed_Lot – Lot is permanent (if Use_Risk_MM is false).
• Use_Risk_MM – In true, the value of the lot increases as the account balance grows. (Risk Management).
• Custom_balance – Calculating risk by free margin or balance (FreeMargin – false / Balance – true)
• Percentage_Risk – Increase the size of the lot based on balance (risk management in %).
• Take_Profit – Take Profit in points.
• Stop_Loss – Stop-loss in points.

• Period_ATR_1 – ATR period;
• Period_ATR_2 – ATR period;
• ATR_Level – ATR level;

• Average_Extremum_1 – Extreme levels in points;
• Average_Extremum_2 – Extreme levels in points;

• Period_CCI_1 – period 1 CCI;
• …
• Period_CCI_5 – period 5 CCI;

• profit_point_1 – take profit 1 on CCI;
• …
• profit_point_4 – take profit 5 on CCI;

Trading in the week:

• Monday – In true terms – the adviser is allowed to trade on Monday.
• Tuesday – In the meaning of true – the adviser is allowed to trade on Tuesday.
• Wednesday – In the meaning of true – the adviser is allowed to trade on Wednesday.
• Thursday – In the meaning of true – the adviser is allowed to trade on Thursday.
• Friday – In the meaning of true – the EA is allowed to trade on Friday.

Trading in time within the day:

• Use time – In true trading, trade is time-consuming.
• Time_Setting – Server time or computer time.
• GMT_mode – The mode of determining the shift of the broker’s server time relative to GMT. (0 – unused).
• Every_Day_Start – Start time (h:mm).
• Every_Day_End – End-of-work time (h:mm).