Perfect Crypto Scalper EA
Logic:
- Scalping:
- The EA is designed to take advantage of short-term price movements by entering and exiting trades within a short time frame. It uses Momentum, Moving Average (MA) crossovers, and Money Flow Index (MFI) to identify high-probability scalping opportunities.
- Momentum:
- The EA uses the Momentum indicator to determine the strength and direction of the price movement. Buy signals are generated when the momentum is above a certain threshold, and sell signals are triggered when it is below a defined level.
- Moving Averages:
- The EA relies on the crossover of fast and slow moving averages (FastMA and SlowMA) to determine the trend direction. Trades are opened based on these crossovers, combined with other indicators such as MACD and MFI.
- Order Management:
- The EA manages trades with strict stop-loss and take-profit levels. It includes features like moving the stop loss to break even after a certain profit is achieved (Move to Break Even) and trailing stop functionality to lock in profits as the trade becomes favorable.
- It limits the number of simultaneous trades to avoid overexposure in the market.
- Trailing Stop:
- The EA dynamically adjusts the stop loss to follow the price, reducing the risk of losing profits. It also includes a Candle Trail feature, where the stop loss is adjusted based on the highest or lowest candle within a defined range.
