Thread: Scalping system
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Old 01-14-2009, 02:51 AM
malaz malaz is offline
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Quote:
Originally Posted by nix View Post
Here is some help for scalpers who don't know or don't want to learn MQL.
These scripts are used to quickly setup a LONG or SHORT position with predefined TakeProfit and StopLoss values using basic money management.
The money management is implemented to ensure that you will not loose more than a predefined amount of you margin account.

The scripts have the following variables, which are used for fine tuning the script:

Code:
int Risk = 2;                // Percent of acount to risk in percents
int TakeProfit = 10;          // Take Profit in Pips
int StopLoss   = 10;          // Stop Loss in pips
int Slippage   = 2;           // Slippage in pips

bool ConsiderSpread = true;   // Consider spread when calculating stop loss and take profit.

//+------------------------------------------------------------------+
//+------------------------------------------------------------------+

double MinimumLotSize = 0.1;  // Use minimum lotsize of 0.1 lots
double MaximumLotSize = 10;   // Use maximum lotsize of 10 lots

//+------------------------------------------------------------------+
//+------------------------------------------------------------------+

bool AskForConfirmation = true; // Show a confirmation dialog box before placing the order to market
Updates scripts are available at Automated Forex Trading and Forex Training
I can't work on this script. I keep getting "uninit reason 0".

Anyone can help?
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