Description
SCALPER PRO DERIV EA V1.0
Introduction
The SCALPER PRO DERIV EA V1.0 is forex trading bot that analyzes multiple timeframes simultaneously, with a primary focus on the M1 (1-minute) timeframe. It can be used across various symbols, with any leverage, and initial capital. The EA’s strategy is based on Price Action and a mathematical model that decomposes the market into waves, allowing for precise market entry decisions.
Key Parameters
- Profit per cycle (1 = 1%): Determines the percentage of profit sought when reaching the take profit (TP). For instance, with a balance of $1000 and a “profit per cycle” of 1, the profit will be $10 (1% of $1000) upon reaching the TP.
- Type of position: Defines whether the trades will be buy, sell, or both.
- Factor TP: Abstract parameter defining the distance of the TP. Smaller values result in closer TPs.
- Factors A, B, C: Define the frequency of trades. Lower values lead to higher trade frequency.
- Fractal: Number of candles in the M1 timeframe considered to identify the last relevant high and low.
- General Stop Loss: Maximum percentage of loss to close all positions with a loss.
Strategy
The SCALPER PRO DERIV EA V1.0 follows a unique approach:
- Price Action Analysis: The EA analyzes price movements across different timeframes, identifying patterns and trends.
- Mathematical Model: It decomposes the market into waves, allowing it to make informed decisions based on wave behavior.
- Optimization: The EA utilizes a Fast Genetic Based Optimization Algorithm to find optimal parameter combinations. This mimics natural selection, ensuring efficient exploration of configurations.
Risk Management
- Minimum Deposit: $100
- Timeframe: M1 or M5
- Currency: Any other than XAUUSD
- Risk Type: Scalper (not martingale or hedging)
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Additional Resources
Instant Download: https://yoforex.org/product/scalper-pro-deriv-ea-v1-0/
Contact: @yoforexpremium
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