Hamster Scalping

Hamster Scalping

Hamster Scalping is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The RSI indicator and an ATR-based filter are used for entries.

Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller

General Recommendations

The minimum deposit is 100 USD, the recommended timeframe is M1. Use a broker with good execution and with a spread of 2-5 points. A very fast VPS is required, preferably with a latency of no more than 3.

Input parameters

The product works both on 4 and 5-digit quotes. Specify values in points like for 5 decimal places in the input parameters, and it will automatically recalculate everything for 4 decimal places.

  • Period indicator1 — period of the first indicator,
  • Up level — the upper level of the first indicator, above which the EA will open Sell,
  • Down Level — the lower level of the first indicator, below which the EA will open Buy,
  • Period indicator2 — period of the second indicator,
  • From — the lower borders of the range of second indicator values, in which the EA is allowed to open positions,
  • To — the upper borders of the range of second indicator values, in which the EA is allowed to open positions,
  • Initial lot — initial lot.
  • Autolot — enable/disable auto lot calculation.
  • Autolot size — amount of the deposit, on which Lot is to be used when Auto lot is enabled.
  • Max Lot — maximum lot size for the EA operation.
  • Take Profit, points — real take profit in points.
  • Stop Loss, points — real stop loss in the deposit currency.
  • Virtual Take Profit — virtual take profit.
  • Option Take Profit — select the take profit operation based on the bar Open / the current price.
  • Level of Take Profit — select the take profit calculation based on the breakeven/the last order.
  • Virtual Stop Loss — virtual stop loss.
  • Option Stop Loss — select the stop loss operation based on the bar Open / the current price.
  • Max Orders — the maximum number of open orders.
  • Star Hour — the EA operation start hour.
  • End Hour — the EA operation end hour.
  • Use Wednesday Logics — if true, the EA will not work on Wednesday at night, if false it will work in the normal mode,
  • End Time Friday — time to stop trading on Friday,
  • Max Spread — maximum spread, at which the EA is allowed to open and close positions,
  • Show Statistics — show/hide statistics,
  • Show Button Close — enable/disable the button for closing orders.
  • Magic EA — magic number for the Expert Advisor to identify its positions,
  • Imp1DRAW, Imp2DRAW, Imp3DRAW — display news on the chart (enable/disable).
  • Pause before (after) a high importance news — the number of minutes to suspend the EA operation before (after) high-impact news.
  • Pause before (after) a medium importance news — the number of minutes to suspend the EA operation before (after) medium-impact news.
  • Pause before (after) a low importance news — the number of minutes to suspend the EA operation before (after) low-impact news.
  • Pause after a low importance news — the number of minutes to suspend the EA operation before low-impact news.

*Предлагаемые к заключению договоры или финансовые инструменты являются высокорискованными и могут привести к потере внесенных денежных средств в полном объеме. До совершения сделок следует ознакомиться с рисками, с которыми они связаны.

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