EA Black Scorpion v10.79

$12.00

It works like a magic!

As a trader, I found this tool useful for spotting market trends and making informed decisions. The real-time data and clear chart patterns help identify potential trade opportunities.

Christina K

Verified Purchase

INSTANT DOWNLOAD!

Price: $12.00

Expert: EA Black Scorpion 10.79.ex4 (Unlocked MT4 Build1420+), NO MANUAL.

βœ… Breakout EA – User Guide

πŸ” Strategy Overview

  • Type: Breakout trading strategy

  • Breakout Types Used:

    1. Support & Resistance Breakout

    2. Downtrend Breakout

    3. Uptrend Breakout

  • Key Features:

    • Small Stop Loss (SL): Minimizes risk and protects equity.

    • Adaptive Trailing Stop: Adjusts dynamically to lock in profits.

    • Slippage Protection: Positions close during high slippage.

    • Built-in Statistics Panel: Displays real-time trade metrics.

    • Backtest Quality: 99.9% real tick accuracy with passed stress testing.

πŸ“ˆ Supported & Recommended Symbols/Timeframes

Symbol Supported Timeframes Recommended
EURUSD M30, H1 βœ… H1 or M30
USDJPY M30, H1 βœ… H1 or M30
GBPUSD M30, H1 ❌ Not recommended for live use unless tested

βš™οΈ Trading Requirements

  • Broker Requirements:

    • Low Spread: 0.0–2.0 pips (0–20 points)

    • Stop Level: 0.0–0.5 pips (0–5 points)

    • Freeze Level: 0.0 pips

    • Execution: Fast, reliable

    • Leverage: Minimum 1:100

  • Environment:

    • Use a VPS server with low latency to broker.

    • Ensure slippage control and stable internet.

πŸ›‘οΈ Safety Measures

  • SL on Every Trade: Ensures limited risk per trade.

  • Trailing Stop: Automatically locks in profits during trends.

  • Slippage Handling: Avoids high-impact trades during volatile moments.

πŸ§ͺ Before Live Use

  1. Demo Test First: Try with minimal risk settings.

  2. Broker Testing: Ensure compatibility with EA parameters (spread, stop level).

  3. Use Unique Magic Numbers: If using multiple EAs on the same account.

πŸ“˜ Final Notes

  • This EA is optimized and stress-tested, but live performance depends on broker quality and market conditions.

  • Always monitor performance periodically and adjust risk as needed.

Would you like:

  • A .set file for EURUSD H1 with optimal default settings?

  • A signal monitoring template to track EA performance?

  • A MetaTrader-compatible summary info panel overlay?

Parameters

 

βœ… Expert Advisor Configuration Summary

πŸ“Š Information Panel

  • Show_Info_Panel:

    • true: Displays real-time trading stats.

    • false: Disables panel (recommended for faster strategy testing).

πŸ”’ Trade Identification

  • Magic: Unique trade identifier (must differ from other EAs).

  • Order_Comment: Custom comment added to each order.

πŸ“‰ Execution Conditions

  • Slippage: Max allowed slippage (in points) before order triggers.

  • Max_Spread: Max allowed spread (in points) before a pending order triggers.

πŸ” Trade Direction

  • Order_Type: Defines trade direction.
    (e.g., buy/sell/both depending on EA logic)

πŸ’° Lot Size Settings

  • Fixed_Lot:

    • Manual lot size (only used when Use_Risk_MM = false).

  • Use_Risk_MM:

    • true: Enables dynamic lot sizing based on balance.

  • Percentage_Risk:

    • Risk percentage per trade (used when Risk MM is enabled).

🎯 Profit & Loss

  • Take_Profit: Take Profit level (in points).

  • Stop_Loss: Stop Loss level (in points).

βš–οΈ Breakeven Settings

  • Use_Break_Even:

    • true: Moves SL to breakeven at a profit threshold.

  • Breakeven_Target_PipsInp:

    • Trigger value (price in profit before breakeven activates).

  • Breakeven_Jump_PipsInp:

    • Distance moved when breakeven is applied.

πŸ“ˆ Trailing Stop

  • Use_Trailing:

    • true: Enables trailing stop for locking profits.

  • Trailing_Stop:

    • Trailing SL distance (in points).

  • Trailing_Step:

    • Step interval for trailing updates.

🧠 Adaptive Trailing Stop

  • Adaptive_Trailing_to_slippages: Enables trailing adapted to market slippage.

  • Change_correction_coefficient: Sensitivity to price changes.

  • Adaptive_by_Time: Enables time-based adaptive trailing.

  • Time_Scale: Time interval for adaptive price evaluation.

πŸ•’ Time-Based Trading

  • Use_time:

    • true: Activates trading within a defined time window.

  • Time_Setting:

    • Use server time or local PC time.

  • GMT_mode:

    • Broker’s GMT offset. Set to 0 if not used.

  • Every_Day_Start / Every_Day_End:

    • Define daily tra

    • ding window (format: hh:mm).

πŸ“† Friday Trading Cutoff

  • Disable_in_Friday:

    • Time to end operations on Friday (hh:mm).
      (Used when Use_time = true)

Would you like:

  • A ready-to-use .set file for any specific pair/timeframe?

  • Recommended optimal parameter values for a low-drawdown configuration?

  • Visual mockup of how the info panel might look in MT4/MT5?

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