Price Action Scalping
Price Action Scalping
The Price Action Scalping Expert Advisor is based on Special Price Action. Combines with some indicators and AI (Artificial Intelligence) to get opportunities to entry
* Features
- Allow compound interest or Fix lots by user
- Spreads protection, using pending orders (stop order) without any market orders
- No grid. No martingale
- A small Stoploss for every trade
- Combines with RSI and Bollinger Bands indicators
- Special Price Action, Special Artificial Intelligence (AI)
* Setting
---------------- Volume
- Fixed Lots Size = 0.0 : If this field > 0 that mean do not allow compound interest bellow
----------------
- Lots Size Per $1000 = 0.3
++ Greater than 0.3 If the leverage > 1:100, anything else please using this: Lots = Margin * Leverage / Contract
++ Ex: EURUSD, Lots = 1000EUR * 30 / 100000 = 0.3 lots (should be < 0.3 - the balance is 1000EUR, Leverage=1:30)
- Minimal Lots Size = 0.01
- Maximal Lots Size = 60
---------------- Protection
- Maximal spread to entry (PiP) = 1.3 (in pips)
---------------- Confirmation
- Bollinger Bands period (Fixed) = 23 (Fixed)
- RSI period (Fixed) = 18 (Fixed)
- Stoploss (PiP) = 3.0 (in pips)
---------------- More
- Magic number = 68000
- Comment = Price Action Scalping v1.68
* Recommendations
- Broker : Tickmill, Darwinex, ... (ECN account with low spreads)
- Pairs : GU EU GJ UCHF ECHF AJ UJ
- Timeframe : M1, M5
- Strategy Tester: Please update "Maximal spread to entry (PiP)" higher than the spread of the Strategy Tester that you set
=> Please test it carefully before apply on a live account
