SZ Scalper EA

SZ Scalper EA

$9.00

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: $9.00

Expert: SZ Scalper EA.ex4 v 6.2 (Unlocked), NO MANUAL.

 

 

Expert Advisor Overview

This Expert Advisor (EA) uses advanced adaptive algorithms to open positions based on dynamically detected support and resistance levels. The core of this detection is the A.A.P.L.D. algorithm, which identifies real-time, adaptive support and resistance zones. Combined with a correlation of standard indicators, this allows the EA to respond quickly and effectively to changing market conditions.

Additionally, the EA features an AutoRecovery function that helps recover drawdowns in your trading account, providing a robust risk management layer.

Recommended Minimum Deposits

  • Standard accounts: $2000 for 0.01 lot size

  • Cent accounts: $200 (20,000 cents) for 0.1 lot size

Trading Instruments & Timeframes

  • Currency pairs: EURUSD, GBPUSD, USDCAD, USDJPY, USDCHF, NZDUSD

  • Primary timeframe: H1 (Hourly)

  • Optional timeframe: M5 (5-Minutes)

  • Platform: MetaTrader 4

Trading Modes

  • Supports classic single order trading or series of orders trading.

  • The number of simultaneous orders is controlled via the MaxNumberOfOrders parameter.

  • Drawdown protection and stop-loss functions are implemented through the DD and ClosePositionsIfMaxOrdersExceeded parameters.

Key Parameters Explained

  • EAMagic: Unique identifier for the EA’s trades; use different values for each chart.

  • AutoLot: If set to “true,” the EA automatically calculates lot size based on account balance.

  • Lots: Manual initial lot size if AutoLot is “false.”

  • Risk: Percentage of account balance used for automatic lot calculation.

  • DD: Maximum drawdown percentage before closing all positions.

  • CommentOfOrder: Custom text added to orders for identification.

  • Strategy1, Strategy2, Strategy3: Select one active strategy at a time (only one true).

  • ZeroPositions: If “true,” the EA trades only if no other positions are open on the account.

  • TakeProfit: Take profit value in points.

  • SaveDeposit: If “true,” the EA distributes TakeProfit across the order series.

  • TrailingStop: Trailing stop in points (0 disables it).

  • LotMult: Lot multiplier for subsequent orders in series.

  • AutoStep: If “true,” EA automatically calculates distance between orders in series.

  • ManualStep: Fixed distance between orders in points (used if AutoStep is false).

  • LimitAveragingLotOnSecondLevel: Limits lot size increase after the first multiplier in order series.

  • MaxLotSize: Maximum lot size allowed in the order series.

  • MaxNumberOfOrders: Maximum number of simultaneous orders allowed.

  • ClosePositionsIfMaxOrdersExceeded: If “true,” closes all positions on current instrument when max orders exceeded.

  • MaxSpread: Maximum spread allowed to open new positions.

  • AutoRecovery: Enables automatic drawdown recovery if set to “true.”

  • DDforAutorecovery: Drawdown percentage to trigger AutoRecovery.

  • TerminalGMTshift: Broker terminal time difference from GMT (e.g., +2 or -3).

  • SummerAdjustment: Adjust for daylight saving time (contact broker).

  • SafeMode: Enables additional filters for entry points if set to “true.”

Additional Notes

  • For backtesting, use “Every tick” mode only to get accurate results.

  • Parameters are optimized for 4-digit brokers and automatically adjust for 5-digit brokers.

  • Recommended brokers should have a Stop Out level below 40% for best performance.

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