Advisor Black Scorpion with Monitoring of Real Trading

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Advisor Black Scorpion with Monitoring of Real Trading 1

EA Black Scorpion makes use of a breakout-based technique and has confirmed actual buying and selling monitoring.

Trading on the breakdown is one of the most well-liked and sometimes utilized by Foreign exchange merchants technique. This technique was developed fairly a very long time in the past, and was repeatedly examined on historic information, demonstrating enviable outcomes.

Advisor Black Scorpion with Monitoring of Real Trading 2

The professional makes use of 3 sorts of development breakdown, (breakdown of resistance and assist, breakdown of the downward development, breakdown of the uptrend).

The EA makes use of a small cease loss, which implies that the account is all the time shielded from drawdowns, and the danger per commerce may be very low.

An adaptive trailing cease algorithm is used.

The Skilled Advisor makes use of the place closing system when slipping.

Advisor Black Scorpion with Monitoring of Real Trading 3

Backtesting and optimization had been carried out on actual ticks with a historical past high quality of 99.9%. Advisor efficiently handed stress testing.

The Skilled Advisor has an algorithm for amassing statistics with displaying statistics on an data panel.

Monitoring: https://www.mql5.com/en/indicators/creator/profi_mql

Working foreign money pair / timeframe: EURUSD M30.

Necessities and Suggestions
Earlier than utilizing on a dwell account, check the advisor with minimal threat. 
Low spreads + low commissions + high-quality execution is the principle factor when selecting a dealer for buying and selling.

We advocate for proper buying and selling  ALPARI  and Forex4YOU
The utmost unfold is from 0 - 20 factors (0.0 to 2.0 pips). 
Most cease degree - from 0 - 5 factors (0.0 to 0.5 pips). 
The utmost freezing degree is 0 factors (0.0 pips).

Choices

Info panel:

Show_Info_Panel - Info panel. (that means false - Accelerates testing within the technique tester). 
Magic:

Magic - Offers ID. 
Remark:

Order_Comment— Feedback to the order. 
Slip:

Slippage - Allowable slippage earlier than the order triggers. 
Unfold setting: 
Max_Spread - Most allowed unfold earlier than triggering a pending order. 
Sort of commerce: 
Order_Type - Choose the course of commerce. 
Mounted lot:

Fixed_Lot - Lot is everlasting (if “Use_Risk_MM” = false). 
Danger Cash Administration:

Use_Risk_MM - If true, the lot measurement will increase because the account steadiness grows. (Danger administration). 
Percentage_Risk - Improve in lot measurement primarily based on steadiness (threat administration in%). 
Take Revenue:

Take_Profit - Take Revenue in factors. 
Cease Loss:

Stop_Loss - Cease loss in factors. 
Settings transfer cease loss to breakeven. 
Use_Break_Even - If true, the cease loss value strikes to breakeven if the value is above the goal factors. 
Breakeven_Target_PipsInp - If the value exceeds this worth, breakeven works. 
Breakeven_Jump_PipsInp - Cease loss strikes to breakeven at a given worth. 
Trailing cease settings.

Use_Trailing - If true, the revenue is protected by a trailing cease. 
Trailing_Stop - Trailing factors when the place is in revenue. 
Trailing_Step - Trailing step when the place is in revenue. 
Adaptive trailing:

Adaptive_Trailing_to_slippages - Adaptive trailing cease. 
Change_correction_coefficient - Trailing sensitivity coefficient. 
Adaptive_by_Time - Adaptive time-trailing algorithm. 
Time_Scale - time vary for value evaluation. 
Intraday buying and selling:

Use time - If true, buying and selling takes place in time. 
Time_Setting - Server time or laptop time. 
GMT_mode = The mode of figuring out the dealer server time offset relative to GMT. (0 - unused). 
Every_Day_Start - Begin time (hh: mm). 
Every_Day_End - Finish Time (hh: mm). 
Friday Shutdown Time:

Use time - If true, buying and selling takes place in time. 
Time_Setting - Server time or laptop time. 
GMT_mode = The mode of figuring out the dealer server time offset relative to GMT. (0 - unused). 
Disable_in_Friday - The top time on Friday (hh: mm).

 

 

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.