Profitable Expert Advisor Scalper - MT4 Pipsist

Replenishment date: 31.03.2009
Content: ht7.rar (17.55 KB)
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Description
PROFITABLE, SIMPLE AND CONVENIENT MECHANICAL TRADING SYSTEM FOR MT4

There is an opinion that in the forex market you can earn millions without special expenses. It is enough to create a real account and put an advisor on it, which will take care of everything itself. You can spend a lot of time looking for such an advisor. Advisors advertised on the network show a steady profit, and as a result, it turns out that all advisors sooner or later bring a loss. And the longer the advisor stays on the market, the greater this probability, and all provided advertising charts are pictures adjusted to the history of quotes. This theory is easy to test on account monitoring sites. It is almost impossible to find an account that would hold out, making regular transactions, without additional injections for at least six months. Once you open an account and submit it to an advisor, remember that time is working against you.

After opening an account, the first priority is to return the invested amount in the form of profit, the faster you return the invested funds, the faster you can open new accounts on other instruments. The more accounts you open, the more firmly you can gain a foothold in the market. By merging some accounts and opening new accounts from the profit to others, you can always get a stable profit.
Scalper is an Expert Advisor with fast and high profitability.

"Hotei" is a Metatrader 4.0 software that can trade autonomously without human intervention.
"Hotei" has a fast profit, a stable algorithm and a system for bringing unprofitable trades to the Martingale breakeven. A good tool and assistant in the Forex market.

The system follows the algorithm laid down in it, it can trade around the clock, bringing even a novice trader a quick profit. The EA uses only pending orders. Works with Sell and Buy orders simultaneously. Shows good results in multi-currency use. For each currency pair, statistics are kept separately.
The EA works only with its own orders, without touching others. A permanent Internet connection is required.


Principle of operation.

Once launched, the EA opens two orders in different directions.
If the trend direction is correct, the set profit is triggered and an order is opened in the same direction.
For the opposite direction of the trend, the algorithm places a pending order of a larger volume, at intervals specified in the settings.
For each volume (step), the interval and profit are specified in the settings separately.

When the profit mark is reached, all unprofitable orders are closed simultaneously.

The Expert Advisor is easy to operate and has variable values.

The size of the initial order.
Limiting the size of the maximum order.
Restrictions on working hours during the day
Restrictions on working hours by day of the week.
Changing the intervals between pending orders against the movement of the trend and their profits, each level is set separately.
Mechanism for closing unprofitable orders when a critical drawdown occurs.
An example of the advisor's work, video test. http://www.box.net/shared/h37xnoe07r
It is recommended to use an Expert Advisor with a minimum lot size, installing it on several instruments at the same time. This will minimize losses and drawdowns.

The Expert Advisor is a scalper and requires an initial deposit of 5-000 or $ 10-000 on a cent account.
Afraid of protracted, recoilless price drops - more than 700 points. This critical drop can be increased, it depends on the settings in the intervals.
Sensitive to the entry point. This can affect the profit margin.

The advisor is provided in the ex4 file.
Source - negotiable price
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