SZ Scalper EA

SZ Scalper EA

$238.00 $179.00

SZ Scalper EA uses support and resistance levels, that are detected by advanced adaptive algorithm A.A.P.L.D. and a certain correlation of some standard indicators. The algorithm allows to detect dynamic levels of support and resistance, that gives the opportunity to respond quickly to changes of market conditions.

Quick statistics

SZ Scalper EA Description

Parameters are in description of the signals.

This Expert Advisor is intended for trading EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, NZDUSD.

Timeframe - M5 or H1. For order opening the EA uses data from several timeframes, so history data from M5, H1, H4 and D1 has to be downloaded to trading terminal. To download history data it's needed to switch timeframe of a chart one by one to M5, then - to H1, then - to H4, then - to D1, then - back to M5 or H1. This will be enough history data for trading.

Terminal - MetaTrader 4.

DD parameter performs the function of StopLoss.

Parameters

  • EAMagic - magic number of the EA, which allows it to distinguish its positions from others. Must have different values for every chart.
  • AutoLot - can be set to "true" or "false". When set to "true" the EA selects the lot size for trading depending on the balance value.
  • Lots - lot size is set by user, if the value of AutoLot is "false".
  • Risk - percentage of the deposit, used for the automatic calculation of the lot.
  • DD - the maximum drawdown as a percentage of the balance, at which all positions of the EA will be closed.
  • CommentOfOrder - comment to orders. Can take any value.
  • Strategy1 - can be set to "true" or "false". If "true", the EA uses the first strategy.
  • Strategy2 - can be set to "true" or "false". If "true", the EA uses the second strategy.
  • TakeProfit - TakeProfit value in points.
  • SaveDeposit - can be set to "true" or "false". If "true", the EA will close order series according to value of TakeProfit parameter, divided on number of orders in series. As it was in previous versions.
  • TrailingStop - trailing stop value in points. If 0 - disabled.
  • LotMult - multiplier for the next order opened in the series.
  • AutoStep - can be set to "true" and "false". If "true", the EA will detect distance between orders in series automatically.
  • ManualStep - distance between orders in series in points, if parameter AutoStep=false.
  • LimitAveragingLotOnSecondLevel - this parameter allows to limit lot-size increment in orders series on "2-nd" level. It means that trading lot of first order will be multiplied on LotMult parameter only once, and will not be increased after that.
  • MaxLotSize -maximal lot-size allowed by user in order series.
  • AutoRecovery - can be set to "true" and "false". If "true", the EA will automatically recover drawdown of trading account.
  • DDforAutorecovery - level of drawdown of one instrument for Autorecovery function to start working.
  • TerminalGMTshift - time shift of your brokers terminal relative to GMT. For example, if your terminal's time is 21:00 and GMT time is 19:00, then this parameter will be equal to "2". If your terminal's time is 18:00 and GMT time is 21:00, then this parameter will be equal to "-3"
  • SummerAdjustment - adjustment for daylight saving time (contact your broker for details).
  • Version39Mode - can be set to "true" and "false". If "true", the EA will operate as in version 3.9.
Drawdown

20-30%

Monthly gain

0-5%

Strategy type

Scalping

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Quick statistics
Name SZ Scalper EA
Type Scalping
Leverage 1:400 or higher
Time frame M5
Lot size Variable
Stop loss Yes
Trailing stop No
Min account size $3000
Indicators No
Currency pair EURUSD, GBPUSD
Demo testing No
Projected annual profit 45%
Projected max DD 35%
To trade the SZ Scalper EA you can open your free broker account by clicking the button.