EA Ice Cube Scalper v3.03

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Content: Expert: EA Ice Cube Scalper_fix.ex4 v3.03 (Unlocked-Unlimited), NO MANUAL.

Ice Cube Scalper – Precision Scalping with Trend Power

Looking for a fast-paced scalping Expert Advisor that thrives on momentum? Ice Cube Scalper is your go-to day trading solution, designed to make multiple trades every day—capturing small but consistent profits by following the trend.

Key Features:

• 🧊 Trend-Following Strategy: Built around the powerful RSI indicator, the EA smartly enters trades in the direction of the market trend.

• 🔁 Averaging System with Lot Multiplier: Ice Cube Scalper uses an advanced averaging technique to strengthen positions—be sure to understand this mechanism before using it live.

• ✅ Tested and Trusted: The strategy has shown strong performance in both backtesting and real-time trading environments.

• 🛡️ Risk Management Tools: Control your exposure by setting a limit on the number of averaging orders and defining your equity risk cap.

• 🔍 Try Before You Buy: We recommend running the EA in the strategy tester to see how it works in different market conditions.

• 📊 Free Trading Signal Access: Subscribe to our free signal to see Ice Cube Scalper in action before making your decision.

Note: This EA is best suited for traders who understand the principles of lot averaging and want a reliable, trend-driven scalping tool.

Ice Cube Scalper – Input Parameters Explained

To get the most out of Ice Cube Scalper, it’s essential to understand how each input setting controls the EA’s behavior. Here’s a breakdown of each parameter:

Lot & Order Management Settings

• Lot_Multiplier
  Defines how each averaging lot will increase. A multiplier of 1.5, for example, means each new trade will be 1.5x larger than the previous one.

• Start_Lot
  Sets the size of the first (initial) lot when a new trade series begins.

• Orders_Step
  The distance (in points or pips) between each averaging trade. Determines how far apart new orders will be placed.

• SmartStep (true/false)
  Enables or disables Smart Mode for step spacing. When set to true, the step between orders increases intelligently based on market conditions.

• StartStepCoeff
  Tells the EA after how many orders it should begin increasing the step size using the coefficient. Helps spread out positions during larger drawdowns.

• Max_Trades
  Limits the number of open trades in a single series. Helps you manage risk and prevent overtrading.

Time-Based Trade Control

• UseTimeOut (true/false)
  If enabled, the EA will automatically close trades that have been open too long, helping to prevent stale positions.

• MaxTradeOpenHours
  Sets the maximum time (in hours) a trade is allowed to remain open before being force-closed if UseTimeOut is enabled.

Friday Trading Settings

• Friday_Trading_Hour
  The EA will stop trading after this hour (broker time) on Friday to avoid weekend gaps.

• Friday_Trading_Minute
  Sets the exact minute after which Friday trading will stop.

• Inp_Friday_Close (true/false)
  When enabled, all open trades will be force-closed after 23:59 on Friday, ensuring no positions are held over the weekend.

Manual Control Option

• Trade_Now (true/false)
  When set to true, the EA will stop opening new trades. It will complete the current cycle and then pause all activity. Use this if you want to halt trading safely without closing active trades manually.

Recommended Settings for Safe & Effective Use

To ensure the best performance and minimize risk while using Ice Cube Scalper, please follow these usage recommendations:

Starting Lot Size

• Use 0.01 lots for every $1,000 in your trading account.

• If your balance is below $1,000, it’s recommended to use a cent account to reduce exposure.

• Example: For a $3,000 account, set Start_Lot to 0.03.

Risk Management Tip

• Regularly withdraw profits from your trading account.

• Aim to recover your initial investment first, then continue trading with the profits to reduce emotional and financial risk.

Using with Other Expert Advisors

• If you’re running multiple EAs on the same account, make sure to allocate at least $1,000 per 0.01 lot for each EA.

• This ensures that Ice Cube Scalper has enough margin to operate efficiently without interference.

Technical Setup

• Recommended Time Frame: H1 (1-hour chart)

• Optimal Leverage: 1:500
  This level of leverage provides the flexibility needed for averaging strategies while keeping margin requirements manageable.