Recruitment of participants Meta Scalping EA v5.0 MT4

Meta Scalping EA v5.0 MT4

Meta Scalping Expert Advisor V5.0 is based on Pure Price Action. Combines with multiple Indicators and Algorithms to find the best opportunities to entry and exit market

Forex Meta EA Features
– Allow compound interest or Fix lots by user
– Spreads protection, accepted with any spreads.
– Using pending orders (stop or limit orders) without any market orders
– No grid. No martingale. Very safe strategy
– A small Stoploss for every trade
– Combines with Ichimoku, RSI, Bollinger Bands and Awesome oscillator indicators
– Pure Price Action, Algorithms





Meta Scalping EA Settings

—————- Lots Size
· Fixed lots = 0.0 : If this > 0.0 that mean do not allow compound interest
· Auto Lots (each $1000) = 0.2 : This compound interest works if ‘Fixed Lots’ = 0.0
Greater than 0.3 If the leverage > 1:100, anything else please using this: Lots = Margin * Leverage / Contract
Ex: EURUSD, Lots = 1000EUR * 30 / 100000 = 0.3 lots (should be < 0.3 – the balance is 1000EUR, Leverage=1:30)
Recommended: Maximum 0.3 in any case

· Minimal Lots Size = 0.01
· Maximal Lots Size = 100

—————- Protection
· Maximal spread to entry (PiP) = 2.5 (in pips)
· Stoploss (PiP) = 7.0 (in pips)
. Maximal Risk (%) = 10 (%)

—————- Confirmation
· RSI period (Fixed) = 39
· Ichimoku (Fixed) = “19, 17, 58” (TekanSen – KijunSen – SenkouSpanB)
. Bollinger Bands (Fixed) = 83

—————- Magic number
· Magic number = 202202
· Comment = Meta Scalping EA
. Author = FOREXEA.GURU

FOREX EA GURU RECOMMENDATIONS

· Broker : ICMarkets, Tickmill, Darwinex, … (ECN account with low spreads)
· Pairs : XAUUSD (GOLD), GBPUSD, GBPJPY, AUDJPY
· Timeframe : M1, M5, M15
· Settings : Default