Author:
Description:
Discover the Scalpel EA: a fascinating trading robot designed specifically for GBP pairs. Not only does it execute trades, but it also provides valuable insights on how to enhance the speed of your own Expert Advisors.
Key Inputs:
The following parameters are crucial for optimizing your Scalpel EA:
- Lots: Specify the lot size (standard or percentage risk).
- TakeProfit: Set your profit target.
- StopLoss: Define your maximum loss threshold.
- TrailingStop: Activate a trailing stop to protect profits.
- cciPeriod: Number of bars for the iCCI calculation.
- cciLimit: Upper and lower thresholds for iCCI.
- MaxPos: Limit on the number of open positions in one direction.
- Interval: Minutes to wait before sending a new order (0 = not used).
- Reduce: Minutes before reducing Take Profit by one pip (0 = not used).
- Live: Minutes before closing an order regardless of profit (0 = not used).
- Volatility: Sets the volatility minute bars.
- Threshold: Pip threshold for volatility.
- FridayClose: Time to close all orders on Friday (0 = not used).
- Slippage: Maximum slippage allowed for orders.
- Spreadlimit: Maximum spread allowed when opening an order.
- Magic: A unique identifier for your EA.
Performance Snapshot:
Here's a tester graph for EURGBP M1 over the last 3 years:
Comments 0