The Star Scalper EA, does not use martingale, stop-loss is always used. Trade is conducted by four orders, each of which has its take-profit and stop-loss. Sets and trading recommendations you can get in the discussion to the product. It is recommended to use ECN accounts.

Input parameters

This Expert Advisor (EA) is designed to work efficiently on both four- and five-digit quotes. It automatically adjusts settings based on whether the quotes are in four or five digits, ensuring accuracy and ease of use.

Key Input Parameters:

• Lot – Defines the trade lot size.

• Autolot – Enable or disable automatic lot calculation.

• Autolot size – Specifies the amount of deposit for which the EA will calculate the lot size when Autolot is enabled.

• Max Spread – The maximum spread allowed for the EA to initiate trading.

• Distance 1 – Distance in points between the first and second orders.

• Distance 2 – Distance in points between the second and third orders.

• Distance 3 – Distance in points between the third and fourth orders.

• Take Profit – Set the take-profit level in points.

• Stop Loss – Set the stop-loss level in points.

• Trail Start (points) – Profit in points at which trailing stop is activated.

• Trail Distance (points) – The distance in points from the price at which the trailing stop will be applied.

• Open Hour – The time when the EA starts trading.

• Close Hour – The time when the EA stops trading.

• Trade on Friday – Option to enable/disable the EA’s activity on Fridays.

• Second open trade – Allows opening of additional orders.

Indicator Settings:

• Use CCI – Enable or disable the CCI (Commodity Channel Index) indicator for entry and exit.

  • CCI period – Set the period of the CCI indicator.

  • CCI entry – CCI values required to open a position.

  • CCI exit – CCI values required to close a position.

• Use WPR – Enable or disable the WPR (Williams Percent Range) indicator for entry and exit.

  • WPR period – Set the period for the WPR indicator.

  • WPR entry – The WPR value for opening an order.

  • WPR exit – The WPR value for closing an order.

• Use fractals – Enable or disable the use of fractals for opening orders.

  • Mid fractals distance – The distance in points from the average of the last upper and lower fractals that triggers a buy signal below or a sell signal above.

  • Opposite fractal distance – The distance from the upper fractal (for buy signal) and lower fractal (for sell signal) to trigger entry.

This EA offers a comprehensive set of features designed to optimize trading strategies, including automatic lot calculation, multiple technical indicators, and the ability to manage trades based on specific time frames and price actions.