Scalper FX
Logic:
- Scalping:
- The EA is designed for short-term trades, taking advantage of small price movements.
- It uses a Moving Average filter to identify entry points and places buy or sell stop orders based on price distance from the Moving Average.
- Order Management:
- The EA includes dynamic lot sizing based on account balance and leverage, adjusting the lot size according to the specified risk percentage.
- It also includes a time filter, allowing trades only during specified hours.
- Trailing Stop:
- The EA adjusts the stop loss to secure profits as the market moves favorably.
- Spread and Commission Management:
- The EA checks the spread and commission to ensure they are within acceptable limits before placing a trade.
