XMT Scalper v2.45
Logic:
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- Scalping Strategy: This EA is optimized to capitalize on rapid, small market movements, typically securing a few pips per trade. It includes settings for managing maximum allowed spread, execution time limits, and volatility—critical factors for effective scalping.
- Trailing Stop: The EA employs a trailing stop feature to lock in profits as the price moves favorably. It sets a starting point for the trailing stop (TrailingStart), which begins to secure profits once the price has moved a specified number of pips in the trade’s favor.
- Order Management: The EA supports both automatic lot sizing based on risk parameters and the option to use a manual lot size. It also implements mechanisms to avoid common errors, such as error 130 (invalid stops), and dynamically manages risk and exposure to optimize trade performance.
