NY CLOSE Scalper Scalping Forex EA | Mql5 Market Price: 900 USD
Strategy Introduction: https://www.mql5.com/zh/market/product/28901
Real Trading Signal 1: https://www.mql5.com/zh/signals/417005
Real Trading Signal 2: https://www.mql5.com/zh/signals/323124 (NW EA and NY Close Scalper)
Forex EA Name: NY CLOSE Scalper Scalping Forex EA. This EA is for ultra-short-term trading, with each trade having take profit and stop loss. It requires a low spread and a favorable trading platform environment. It is suitable for accounts with low trading costs. However, the time between each trade is relatively long (1-10 days), and it can only be run on a VPS 24/5, waiting for trading opportunities. The reporting period for profits is also longer. You can simultaneously trade on different currency pairs (low-cost currencies) to increase your return on investment.
Each trade is opened near the close or open, similar to early scalping EAs, and it requires a trading platform with fast order execution and minimal slippage. Profit-taking at 70%-90%. If the trading platform is suitable, you can consider increasing the trading volume.
EA Strategy Tradable Currency Pairs: EURUSD, GBPUSD, EURCHF, USDCHF, USDCAD, EURAUD, EURCAD.
Trading Timeframe: M5 timeframe.
Recommended Currencies by YunFox: EURUSD, GBPUSD, USDCAD, EURAUD.
Recommended Capital: $200 initial capital per 0.01 lots.
Important Note: In the MT4 interface, go to Tools, Options, EA Trading, check the box for "Allow WebRequest for listed URL," and add the URLs: http://fxdata.cc and http://backup.fxdata.cc.
dailyEquityStopPercentage: IMPORTANT: please read point 6 in the?blog post.
orderComment?- Each trade will show this comment in history tab.
magicNumber?- individual magic number. The EA will only manage position of the chart symbol with this magic number.
lotType?- “fixed” or “increasing”, where the lot size is calculated automatically.
fixLots?- fixed lot size in case lotType = fixed.
lotStep?- how much the lot size should be increased every equityPerStep (if lotType = increasing).
equityHardStop?- if the equity falls below that level the EA will close open positions (only of this strategy) and will not open any new positions.
pipInPoints?- for 5-digit brokers, this should be 10, for 4-digit brokers 1.
slippagePoints?- Slippage used in OrderSend() function (points, not pips).
maxSpreadPips?- maximum spread allowed for entry. If smaller 0, auto settings will be used, which are different for each currency pair.
liveGMToffset?– To set GMT offset manually. Usually this is not needed.
skipSunday?- if true the EA will not open positions on Sunday (GMT).
startHourGMT?- when to start trading (GMT).
endHourGMT?- when to stop trading (GMT).
waitMinutesBetweenSameSideEntry– After a buy position another buy position will only be allowed after the given time. Same for sell positions. If you are sleeping during the trading hours you could limit the potential total risk with this parameter. If the last hour was a loss the EA will automatically increase waitMinutesBetweenEntries by 15 minutes.
dontTradeTripleNegativeSwap?– If true, the EA will not open trades on before?swapHourGMT?when the swap is negative on days with triple swap rate.
tripleSwapDay?– Day at which tripple swap is applied. On most borkers it is Wednesday.
swapHourGMT?- Swap hour used if dontTradeWednesdayNegativeSwap=true.
testerGMToffset?- Only needed for tester because GMT time is not defined in tester and your bar data might have a GMT offset.
