The PZ Price Spike EAtrades price spikes taking place in a short time window, which is a universal Forex scalping strategy.
Example of the EA logic: Buy if the price spikes up 10 pips in less than 15 seconds, and the opposite for shorts.
It can trade any Forex pair
Every input parameter is self-explanatory
Customizable price spike and time window
Customizable SL, TP and Trailing Stop
Customizable trading hours
Other cool features are:
Optionally, trading decisions can be reversed
Max. Spread Option: Trades can be ignored if the spread is too high
Trading is FIFO compliant
The outcome of tick scalping is difficult to predict due to many factors, but with Pz Tick Scalper EA you are in full control of the trading settings.
Tick scalpers are dangerous because many factors can ruin the payoff. Variable spreads and slippage decrease the mathematical expectancy of the trade, a low tick density from the broker can cause phantom trades, the stop level undermines your ability to secure profits and network lag means requotes. Caution is advised. In order to trade this EA, you need the following.
A good broker, with low spreads and stop levels.
A good Internet connection.
A lot of stamina.
The Expert Advisor uses tick data, not timeframe data. Backtest any timeframe in “Every tick” mode and play to find the best parameters.
It is recommended to backtest this Expert Advisor on a MetaQuotes demo account.
If your broker can handle a tight trailing stop, the performance will increase.
SARTrader is an Expert Advisor based on Parabolic SAR.
All parameters are adjustable and their functions are quite understandable. The biggest problem with SAR is to stop trading, that’s why I …
One of the strategies used by successful traders is pair trading. At the time, this strategy has been the prerogative of only large hedge funds, unit investment trusts, dealing …
The Expert Advisor analyses two dimensions, described in the book “Trading Chaos” by Bill Williams, — the Fractal (phase space) and the Driving force (phase force). Bill Williams’ Alligator (Alligator) …
This trend-following conservative Expert Advisor works on EURUSD, M5.
It open position according to signal of trading sytem in trend direction and closes position according to signal of trade system or …
GBPUSD spot is a short/medium-term Expert Advisor. Based on its internal indicators the Expert Advisor opens positions looking for around 45 pips of profit.
Take a closer look to our astonishing …
PatriotÂ is a scalping Expert Advisor for trading highly liquid pairs, such as EURUSD, GBPUSD, EURJPY, USDCAD, AUDUSD. This is neither a grid, nor a martingale. It uses one standard Momentum …