EA Smart Golden Wolf Scalper MT5 forex news spike trading

EA Smart Golden Wolf Scalper MT5 forex news spike trading 1.41

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The Adviser - scalper uses a strategy based on intra-bar trading on H1 and H2 timeframes. The order is opened by the Adviser using many filters.
The Expert Advisor uses BuyStop and SellStop pending orders.
The Expert Advisor trades on two pairs: EURUSD, USDJPY and two timeframes H1, H2. You can also install the advisor on other currencies using the following instruction: https://www.mql5.com/ru/blogs/post/750726
All orders are subject to a protective order by the advisor.
The EA is safe and does not require any user adjustments, just set it on the chart and it's ready.
The EA doesn't use Grid, Martingale or any other strategy with increasing lots.
Expert Advisor was built using history of quotes and real ticks.
Real Monitoring: https://www.mql5.com/ru/signals/1690619
Monitoring: https://www.mql5.com/en/signals/1702906
MetaTrader 4 version of the EA: Requirements and Recommendations
  • Low spreads and quality execution are essential when choosing a broker.
  • Only one advisor can be attached to a chart. This includes any working pair and all timeframes. All trading is performed from the same chart. You can disable or enable currencies in the settings.
  • Instructions for running the custom symbol: https://www.mql5.com/ru/blogs/post/750726
  • If the advised pairs or timeframes are used, the minimum balance that advisors should have is $50
  • It is highly recommended to have a leverage of at least 1:100.
  • It is important that the PC processor not be loaded with additional programs and Expert Advisors. Otherwise, the EA won't be able handle all ticks. This can be bad for EA.
  • Agent with 5- or 3-digit rates
  • Preferably use a VPS with minimal pings to your broker.
  • Consider the EA only for "hedging" accounts.
  • If you use multiple EAs on the same account, be sure to check that all EAs have different Magic numbers.
For Strategy Tester:
  • Multi_Currency_BackTest - with true value use multi-currency tester.
Pairs:
  1. EURUSD/H1, H2
  2. USDJPY / H1, H2
Parameters:
  • EURUSD - true currency used;
  • .
  • USDJPY - currency is used in true;
  • Magic_Start / Magic_Finish - Trade ID;
  • Symbols_Prefix(Suffix)_Name - enter ONLY prefix (suffix), if the broker uses it in the symbol name (for example: "m."(".m") if the name of the pair is "m.EURUSD"("EURUSD.m"));
  • Use_Risk_MM If true, lot sizes increase when account balances rise. (Risk management).
  • Percentage_RiskLot Size Increase based on Balance (risk management in percent).
  • Fixed_Lot Lot is constant, unless Use_Risk_MM has been false.
  • Order Comment - order comments;
  • Slippage - before ordering triggering
  • Show_Info_Panel - info panel (false - fast backtest);
  • Multi_Currency_BackTest:
    • True - Multi currency tester
    • False - Current currency and Time Frame;
  • The adaptation of the spread to stop loss-adaptation of stop loss to spread

  • Max Spread - max spread;
  • Stop trade - disable trading for a time (from 1 minute to 24 hours) if average spread exceeds Max_Spread;
  • Correct_Lot_by_Spread - adapt lot by spread.
Trades within one week
  • Monday: Trade on Monday
  • ...
  • Friday Trade on Friday
You can trade within a day
  • Use time - with true trading is time-based;
  • GMT Mode - manual setting;
  • Every_Day_Start - start time(hh:mm);
  • Every_Day_End - End time (hh:mm).
Disable_in_Friday
  • Use time - When true, trade is on time;
  • Friday disabled - Friday time (hh.:mm).
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Best Forex Ea
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