Setslav_Scalper_S#1 is a scalping Expert Advisor developed specifically for working on real accounts with low risk.

Setslav_Scalper_S#1 is a scalping Expert Advisor developed specifically for working on real accounts with low risk. This is not a typical scalper since it has the following distinguishing features:

 - - - the EA does not require a large initial deposit - $500 is enough;

- - - no need to select a broker - it works with any broker;

- - - no need for a minimum spread - spread value does not affect the EA operation;

- - - no need for high-speed VPS;

- - - not affected by account type;

- - - losses are limited by StopLoss level which is not too high.

Setslav_Scalper_S#1 uses hidden stop and profit levels (standard SL and TP can be set if necessary). The EA also features the info panel displaying the entire trading process and detailed statistics.

The EA operation is based on four strategies independent of each other. Each strategy is based on three indicators with customizable parameters. Setslav_Scalper_S#1 may act not only as a scalper but can also be re-optimized to fit any trading style. Below is a small list of the EA possibilities:

   1) Scalping.

   2) Following a trend.

   3) Martingale/anti-martingale (lot-increasing/lot-decreasing ratio).

   4) Averaging (by time, by distance from the last open position).

   5) The EA can be adjusted for both conservative and aggressive trading of any style.

The default adjustments are as follows:

Currency pair EURUSD

Timeframe M30

Disable the panel to accelerate a test. To do this, set Use_Panel to false.

The most critical inputs
Use_Panel = true – display the panel on the chart. false – disabled;
MoneyManagement = true – enable/disable the common money management function. false – disabled;
AutoClosePositions = true – close positions by hidden stop and profit levels. false – disabled. It is recommended to set SL and TP levels for each strategy;
Symbol_1 = "EURUSD" – trading symbol;
MaxLots = 50 – maximum lot size;
Risk_value = 1.0 – risk level. If 1, 0.01 lots per $500;
k_Lots = 1.0 – martingale use ratio;
Lot = 0.01 – lot size if MoneyManagement = false;
Additional_Decimals = true – 5-digit broker. If false, 4-digit;
UseTrailing = true – use trailing stop. false – disabled;
TrailingStep = 1 – trailing step, in points
Use_Stop_or_Take = false – disable standard SL and TP levels. true – enabled. Set Takeprofit and Stoploss parameters for each strategy;
Stoploss = 0 – stop loss size;
Takeprofit = 0 – take profit size;
TrailingStop = 40 – trailing stop size;
SleepTrade = 120 – time in minutes after the first order;
Proc_Prof_trade = 2.4 – profit level in % for closing positions according to a certain strategy;
Proc_Loss_trade = 2.8 – loss level in % for closing positions according to a certain strategy;
UseAveraging = true – use averaging;
MaxTrades = 5 – maximum number of averaging orders;
StepAveraging = 15 – minimum step in pips between averaging orders;
Model_Aver = 3 – averaging model. If 0, the model is not used and the next order is opened with an exact step specified above (StepAveraging).