SCALPER PRO DERIV EA V1.0

SCALPER PRO DERIV EA MT5 is an advanced Expert Advisor designed for the MetaTrader 5 trading platform. It leverages sophisticated scalping strategies to identify and exploit short-term market movements on the Deriv trading platform. Equipped with cutting-edge algorithms and risk management tools, SCALPER PRO aims to optimize trade entries and exits with high precision, ensuring maximum profitability while minimizing risk.

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.