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MFL scalper01 is a fully automated “scalping” trading system.
Most positions are closed within one hour.
This EA does NOT use grid, martingale, averaging down or any other risky trade management methods.
BASIC Information:
Currency pair EURCHF, GBPCHF Timeframe M5 Minimum deposit $50
Parameters:
Variable Description Current chart symbol Select currency pair as same as chart. Fixed lots size If "Enable dynamic lots" = false, set lot size. Enable dynamic lots If true, lot size caliculate with risk percentage. Maximum spread If the spread is over this value, EA is not trade. Maximum slippage If the slippage is over this value, EA is not trade. GMT Offset Set GMT offset value of your broker Stop trading on Friday
If true, EA is not trade on Friday. End trading hour in Friday If " Stop trading on Friday " is true, EA is not trade after this time on Friday. Magic number Set unique number. IMPORTANT to use:
- In order to make a profit with this EA, the spread needs to be small. (max 10 points recommend)
- You have to set the parameter "Current chart symbol" to match the chart.
