Eagle Scalper | Mql5 Market Price: 600 USD
Strategy Introduction: [Link to strategy introduction]
Real Account Signals: [Link to real account signals]
Backtest: [Link to backtest]
Forex EA Name: Eagle Scalper Scalping Forex EA. It conducts scalping trades only during the Asian session.
Several unique indicators are used to detect market volatility.
Dynamic take profit and stop loss based on market conditions.
Protective hard stop loss to minimize account risk.
No need for profile configuration; the same settings are used for every currency pair.
Tradable Currency Pair: GBPUSD
Trading Timeframe: M15.
Recommended Capital: 100 capital/0.01 lot.
Operating Method: GBPUSD, M15 timeframe.
Important Note: In the MT4 interface, go to Tools, Options, EA Trading, check Allow WebRequest for the listed URLs, and add the following URL: http://ec.forexprostools.com
Parameters:
Lots: Fixed lot size used.
Risk: Automatically calculate lot size based on account equity; effective only when Lots is set to 0.
Auto_GMT_Offset: If set to true for live trading, GMT_Offset will be automatically calculated by the EA.
GMT_Offset: Input the GMT time of your broker for historical backtesting; this parameter is not required for live trading as the system will automatically calculate GMT time.
UseDST: Set to true if your broker adjusts server time during Daylight Saving Time (DST).
EA_Comment: Set your own comment information.
MAGIC: Magic number; no need to change.
Max_Spread: Maximum allowable spread when opening positions.
Show_Info: Whether to display EA information on the chart.
Hide_SL_TP: If set to true, hide the take profit and stop loss lines.
TakeProfit: Take profit.
Open_Hour: Hour to start trading.
Close_Hour: Hour to stop trading.
Trade_On_Friday: Whether to trade on Fridays.
Friday_Hour: Time to stop trading on Fridays (hour).
Friday_Minute: Time to stop trading on Fridays (minute).
Allow_Second_Order: Whether to allow a second order.
Second_Order_Distance: Distance between the first and second orders.
Second_Lot_Factor: Lot size factor for the second order.
Direction:
Both Sides: Open both buy and sell orders.
Only_Buy: Open only buy orders.
Only_Sell: Open only sell orders.
Triple_Swap_Protection: If set to true, the EA will not open buy orders on triple swap days (Wednesday night) to avoid triple swap charges.
Use_Newsfilter: If set to true, use the news filter.
NewsLink: Add the following links in Tools, Options, EA Trading, Allow WebRequest for the listed URLs.
Indent after Light News: Minutes to avoid trading after low-impact news.
Indent before Light News: Minutes to avoid trading before low-impact news.
Indent after Medium News: Minutes to avoid trading after medium-impact news.
Indent before Medium News: Minutes to avoid trading before medium-impact news.
Indent after Hard News: Minutes to avoid trading after high-impact news.
Indent before Hard News: Minutes to avoid trading before high-impact news.
Enable light news: Allow the download of low-impact news.
Enable medium news: Allow the download of medium-impact news.
Enable hard news: Allow the download of high-impact news.
Currency to display the news: Include the currency pairs contained in the news. If left empty, download currency pairs in the current chart.
Draw lines on the chart: If set to true, draw the news time lines on the chart.
CloseAllinNews: If set to true, close all EA orders during the news.
Use_Internal_Inputs: If set to True, use internal values for the parameters below. If set to False, use the values you assign to them.
StopLoss: Stop loss.
Use_Indicator1: Whether to use indicator 1.
Indicator1_Period: Period for indicator 1.
Indicator1_Entry: Entry value for indicator 1.
Indicator1_Exit: Exit value for indicator 1.
Use_Indicator2: Whether to use indicator 2.
Indicator2_Period: Period for indicator 2.
Indicator2_Entry: Entry value for indicator 2.
Indicator2_Exit: Exit value for indicator 2.
Use_Indicator3: Whether to use indicator 3.
Indicator3_Entry: Entry value for indicator 3.
Indicator3_Exit: Exit value for indicator 3.
