AF-scalper is a totally automated scalper EA which trades based mostly on breakouts of the ZigZag indicator ranges. The EA is absolutely configured for buying and selling EURUSD. It really works on 30 minute timeframe (has not been examined on different timeframes). Though it's potential to optimize it for one more time interval. I like to recommend that you simply use an ECN account with low unfold and quick execution, and in addition use a VPS server with minimal delay.

• Don't use averaging, grid, martingale
• Makes use of the ZigZag indicator constructed into the MetaTrader 4 platform
• Makes use of tight cease loss.
• The EA trades utilizing pending orders.

Suggestions

• Use solely ECN accounts with small unfold
• Examined on the EURUSD pair, though it didn't bear optimization on different pairs
• The optimum timeframe is 30 minutes.
• Use solely accounts with 5 decimal locations, the longer term variations will assist operation with 4-3 digit devices

Settings

• Unfold - Dealer unfold filter, if it exceeds the desired worth, pending orders will likely be deleted.
• Danger - danger as a proportion of the deposit. (enabled provided that Heaps=0)
• Heaps - fastened lot (if zero, prompts the built-in MM calculation taking the worth of Danger under consideration)
• Magic - distinctive magic quantity
• Timeframe - Timeframe for buying and selling. Laid out 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 extent (may be each adverse and optimistic)
• Depth - Depth worth of the ZigZag indicator
• Deviation - Deviation worth of the ZigZag indicator
• Backstep - Backstep worth of the ZigZag indicator
• Cease Loss - Mounted cease loss. Set as a price with 5 decimal locations
• TakeProfit - Take revenue. Set in factors with 5 decimal locations
• Step - Trailing step, set as a price with 5 decimal locations
• Sec - The variety of seconds after which the order will likely be closed if the revenue doesn't improve
• TimeStart - Buying and selling begin hour
• TimeEnd - Buying and selling finish hour