Candle Crusher X Scalping EA analyses the market situation on volume and strong price movement within the internal Timeframe.
In FREE Version
+ only BUY Trades are opened
+ Lot is limited to a min.
+ Trading days limited to Monday till Wednesday
join our Full version to get all features
https://www.mql5.com/de/market/product/30010
It works on all major forex pairs and Timeframes (M5 or M15 recommend).
The EA has integrated dynamic Take Profit, which means, that if you reach your defined TP, it gives you the chance to follow the Trend by dynamic TP & SL and extend your profits.
Also, a News Filter function is integrated, to prevent missed trades on News events.
Dynamic Lot calculation integrated
On Request we added also the Trailing function to the EA, now you can run further strategies like trailing, grid, or martingale
Requirements
- The EA has been optimized for the major forex pairs for the timeframe M5 / M15
- It is recommended to use an ECN broker with a low spread and VPS.
- Use only five-digit accounts.
- A small spread significantly increases the EA’s efficiency.
- EA working only with virtual TP & SL, your broker must allow opening trades without hard TP & SL
Recommendations
it is recommended to use the VPS chosen based on the closest location to the broker to achieve the lowest possible ping, which provides better conditions for the robot to place orders. Take your time to figure out which Strategy is the right for you.
Predefined Scalping. SET Files can be downloaded on our website.
On Testing disable the news Feature to improve testing performance, news can be tested only in the current week, not in the past.
Parameters
Money Management:
- Trading Lot – Limited to min. in FREE Version
- Take Profit points
- Stoploss points
- Dynamic Take Profit points – on reached Take Profit, this gives you the chance to follow Trends and extend your Profits, take profit is set to current rate + dynamic tp points, also dynamic Stoploss.
- Dynamic Stoploss points – one reached Take Profit Stoploss is set (current rate – dynamic stop loss).
- Trading Risk Percentage – to minimize your risk this value is the minimum free equity percentage after adding new trade
Dynamic Lot – not available in FREE Version:
- Use dynamic Lot Feature – Lot will be calculated based on the following
- Minimum Balance per smallest Lot unit
Trailing Settings:
- Use Trailing Option – set to true to enable the Trailing function
- Trailing Start – define Trailing Grid in Points to open Trailing trades
- Trailing Lot Multiplier– gives you the option to multiply your initial lot size with a factor for trailing trades i.e., 2.0 will double the lot size for each trailing trade
- Max Trailing Trades – here you can limit the number of maximal trailing trades
Signal Settings:
- Minimum Candle size movement – the minimum candle size to generate a new signal
- Minimum volume during movement – volume for signal
- Trade only Moving Average direction – to trade only in trend or any signal
- MA
- MA shift
- Use RSI limitation – don’t extend trades over or under defined limits
- RSI Timeframe – timeframe for RSI calculation
- RSI high limit for BUY trades – don’t extend buy trades over the defined limit
- RSI low limit for SELL trades – don’t extend sell trades under the defined limit
- Trade only in one direction – trades are open only in one direction at the same time
General:
- Magic Number – unique Expert ID
- Slippage – max. Slippage
- Max Spread
Trading Times:
- Close all open Trades on Friday – if set to true, all trades will be closed on the following time, if set to false, trades will not be closed
- Friday closing time – only relevant if the closing feature is set to true
- The trading timeframe can be set for every day separately (from – till)
News Settings – not available in FREE Version:
- Use News Filter – if set to true – no trades will be added in the specified restriction, you must add a news URL in Options/Experts/allow Web requests from
NOTE:
Get this amazing Forex Trading EA Robot ABSOLUTELY FREE from us. Please open a trading account with our Suggested Brokers and use a Forex VPS from our Recommended VPS Providers to automate your trade without hassles. You can Download the Forex EA Absolutely FREE from Here: CLICK
DISCLAIMER: Please read carefully before you decide to invest in Forex Market
- Forex Trading is dangerous and can result in a substantial loss of money. Due to the uncertain nature of the Forex market, there is no guarantee that our products will produce any favorable results. Before you purchase, please read our RISK DISCLAIMER.
BEAR THIS IN MIND: The Forex market changes from day to day, and that past performance can therefore not be guaranteed to repeat in the future. Past performance shown and in videos may use aggressive trading approaches and risk management to prove the potential of the Forex robot over long periods. Because of this, we recommend that you test the EA on your own broker account using many variations of currencies, time frames, and settings to make sure you experience favorable results in current market conditions before trading live accounts. - Forex Trading EA/Robot is just a piece of Programming to Sophisticate your trading but never guarantee your winning.
- Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. No representation is being made that any account will or is likely to achieve profits or losses similar to those that may be shown.
- Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.
- Before deciding to trade products, you should carefully consider your objectives, financial situation, needs, and level of experience. The possibility exists that you could sustain a loss of some or all your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose.