The Expert Advisor uses the strategy of dissonance analysis in between the wave-like structure of the lower price movements and the fractals from the two consecutive upper levels.
The MACD indicator data is confirmed and decisive when deciding to enter the market.
Each trade position has a stop loss and take profit.
Risky trading strategies are not recommended.
The Adviser comes with a built-in non-linear trailing stop.
Recommended trading instruments for default settings:
5M: EURGBP, EURJPY,EURUSD, GBPUSD,USDCAD,USDJPY.
Settings:
  • Trading lot - Trading lot if Risk = 0;
  • Risk percentage for autolot - Risk percentage for autolot calculation (money management);
  • Limit of maximal lot - Limit of the maximum lot;
  • Max trades - Maximum number of open positions
  • MACD TF - Time frame for MACD indicator
  • Fast average period - Fast average period
  • Slow average period - Slow average period;
  • Signal line period - Signal line period;
  • Price type - Price type;
  • Order comment Comments on orders;
  • Take Profit - Take Profit;
  • Stop Loss - Stop Loss;
  • Start trailing stop - Start trailing stop;
  • Trailing Step - Trailing Stop
  • Slip - Slippage
  • Max spread - Maximum spread
  • Magic number - Magic number.
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Scalping Forex Ea
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