This EA has no stop loss. All risks are at your discretion.
CHIQUITA MT5 EA is a fully automatic Expert Advisor for Scalping Trading on XAUUSD timeframe M1. The basic strategy starts with Market order in Trend Following, so this EA Follow the Trend . M1 Trend…. very very fast.Recommendations
- The Expert is programmed to work on XAUUSD M1, but you can use all others timeframes with the appropriate settings.
- An ECN broker is always recommended
- A low latency VPS is always recommended.
- The recommended Leverage is 1:50 or more.
- The recommended capital is 5000 ($/cent) per 0.01 Lots or more. (When it's on trend, lot you input will automatic x 2.)
- Test Demo before you buy this EA.
Parameters
- Allow Buy : if true, Ea can trade with buy orders.
- Allow Sell : if true, Ea can trade with sell orders.
- Lots : number of lots.
- Max orders : Max Number of orders Buy/Sell at the same time
- Max Spread : Fill your normal Spread in.
- Magic Number : is a special number that the EA assigns to its orders.
- tradeMonday : “true” or “false” (if “true” EA trade on Monday)
- tradeTuesday : “true” or “false”
- tradeWednesday : “true” or “false”
- tradeThursday : “true” or “false”
- tradeFriday : “true” or “false”
- tradeSaturday : “true” or “false”
- tradeSunday : “true” or “false”
- TimeStart : EA start Time
- TimeEnd : EA end Time
Note, the “tradeDay”, if false, forbid the opening of a new cycle in that day.
DO NOT prohibit the opening of other grid orders in both directions.Warning: You will not get rich tomorrow with this EA, past performance does not guarantee future performance. (EA could also make losses)
You have to be cautious and use a low risk.
You have to adjust the settings according to your needs and your tests (demo and tester)
Remember that you cannot get a refund after downloading the EA
