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.
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.
Make sure that you set the gmt time correctly, the EA is coded for gmt+3, so check your broker time and adjust the starting and end times inside the EA (if your broker is gmt+2 subtract 1 hour). An ecn broker with small spread is recommended.
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.
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;
Take Profit, points – physical take profit;
Stop Loss, points – physical stop loss;
FontSize – setting the font size in the panel;
Close all orders at take or stop – on / off closing both directions simultaneously;
Imp1DRAW, Imp2DRAW, Imp3DRAW – display news on the chart (enable/disable).
Pause before (after) a high importance news – news settings.