AF Scalper (Unlocked)

AF-scalper is a fully automated scalper EA which trades based on breakouts of the ZigZag indicator levels. The EA is fully configured for trading EURUSD. It works on 30 minute timeframe (has not been tested on other timeframes). Although it is possible to optimize it for another time interval.

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AF scalper

Do not use averaging, grid, martingale
Uses the ZigZag indicator built into the MetaTrader 4 platform
Uses tight stop loss.
The EA trades using pending orders.

Recommendations

Use only ECN accounts with small spread
Tested on the EURUSD pair, although it did not undergo optimization on other pairs
The optimal timeframe is 30 minutes.
Use only accounts with 5 decimal places, the future versions will support operation with 4-3 digit instruments

Settings

Spread – Broker spread filter, if it exceeds the specified value, pending orders will be deleted.
Risk – risk as a percentage of the deposit. (enabled only if Lots=0)
Lots – fixed lot (if zero, activates the built-in MM calculation taking the value of Risk into account)
Magic – unique magic number
Timeframe – Timeframe for trading. Specified in minutes.(1 min=1; 5 min= 5; 15 min =15; 30 min =30; 1 hour=60; 4 hours= 240; 1 day=1440)
Dist_Order – Shift from the pending order to the level (can be both negative and positive)
Depth – Depth value of the ZigZag indicator
Deviation – Deviation value of the ZigZag indicator
Backstep – Backstep value of the ZigZag indicator
Stop Loss – Fixed stop loss. Set as a value with 5 decimal places
TakeProfit – Take profit. Set in points with 5 decimal places
Step – Trailing step, set as a value with 5 decimal places
Sec – The number of seconds after which the order will be closed if the profit does not increase
TimeStart – Trading start hour
TimeEnd – Trading end hour