This Scalper uses a Quick Trading Strategy on Gold (XAUUSD). Dynamic Trading Grid Allows better risk management. Choose Between Higher and Lower Risk settings.
NEW: Advanced news filter to configure filter for each event! Economic, Fed, Jobs all have their own configured news filter! Safe stop loss and max lot size options for compatibility with funded accounts like FTMO.
SEE LIVE RESULTS - Dynamic new filter doesn't apply to backtesting!
MAIN SETTINGS
Add to allowed websites: Tools>Options>Expert Advisors>Allow WebRequest - https://sslecal2.forexprostools.com
Setting Value Description Magic Number 101 Magic Number of EA Trades
Drawdown Protection Start
6 The trade number where the risk reduction software enables Trailing Stop 0.0 Enables Trailing Stop once Take Profit is hit Risk Tolerance Low Risk Adjust the take profit value of the trades Drawdown Chart % Close
100 Depending on Account Balance Drawdown Chart Money
500 Depending on Account Balance Money Management
false Enable/Disable Money Management MMmultiplier
5000 Money Management multiplier per starting lot Starting Lot
0.01 Starting Lot Max Lots
10 Max lots open on all charts Pause Before General News - NEW 300 Time before news not to open a new trade series Pause Before Job News - NEW 450 Time before news not to open a new trade series Pause Before Economic News - NEW 600 Time before news not to open a new trade series Pause Before Fed News - NEW 600 Time before news not to open a new trade series
