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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
Most if idicators repaint.......they can only proces past data.
Most of indicators do not re-paint because they can only process past data.
By the way it is useless to make any discussion with you as you never coming back to your previous posts. Seems you are just promoting your signature by your posts.
I am sorry if I am mistaken (buty i am not mistaken about re-painting).
Hi,
I don't recommend to use NonLagDots at all because it's based on one of early versions of NonLagMA and uses wrong settings(don't use ColorBarBack=2).
When indicator re-paints on current bar - it's OK.
But when it re-paints previous bars - it's wrong (excluding some channels and fitting tools).
Hi, I'm newbie. I jus t wanna know what exactly scalping is, and which definitions are most common between brokers? which brokers with low spread allow this technique?
Linear Mode
