High Low Scalper Version: 1.0

High Low Scalper

High Low Scalper Expert Version: 1.1

"This is our development team's masterwork - a transformative tool designed to help you conquer financial goals and build the life you've always envisioned."

This is a scalping Expert Advisor. The EA strategy applies the range of price deviation from the average high/low values for a specified period. It has a minimum number of adjustable parameters. The EA applies stop loss, take profit, breakeven and trailing stop levels invisible for brokers. The robot is ideal for a trader as an addition to a manual strategy or in conjunction with another EA. The EA distinguishes its trades by a magic number.

Only one market order at a time can be opened on a single currency pair. Grid and martingale are not used. The EA features the built-in protection against spread and requote extensions.

 

Recommendations
Before using on a live account, test the EA with minimal risk;
Use VPS or hosting server with minimal network latency to the broker's server;
Low spreads = low commission + high quality execution are important when choosing a broker to trade.

Parameters
StartTradeTime, StopTradeTime - operation by time; 00:00 - not used;
TimeFrame - working timeframe;
HLPeriod - average high/low price calculation period;
HLShift - average calculation shift;
HLDeviation - deviation from received average prices in pips
StopLoss - stop loss in pips;
TakeProfit - take profit;
RiskPerTrade - trading lot set as risk per trade in % of the balance;
BreakevenStop - number of profit points for moving a trade to a breakeven as AR ratio;
BreakevenStep - profit a position is closed at as AR ratio;
TrailingStop - trailing stop, distance to a stop loss, as AR ratio;
TrailingStep - trailing step as AR ratio;
MaxSpread - maximum allowable spread for opening trades;
MaxSlippage - maximum slippage to open trades;
MaxAttempts - maximum number of attempts to open an order during requotes;
MagicNumber - magic number;

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