Hamster Scalping MT5

Deal Score0
Deal Score0

Hamster Scalping MT5 is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The RSI indicator and an ATR-based filter are used for entries. The advisor needs a hedging account type.

General Recommendations

The minimum deposit is $100, use an ECN account with the minimum spread, default settings recommend for eurusd m5 gmt +2Please use max spread 10 if you will not have orders change it to 50.

Hamster Scalping MT5 Input parameters

The product works both on 4 and 5-digit quotes. Specify values in points like for 5 decimal places in the input parameters, and it will automatically recalculate everything for 4 decimal places.

  • NewCycle – when enabled, the EA works non-stop, otherwise, the EA does not open new orders after a series of trades is complete.
  • Period indicator1 – period of the first indicator;
  • Up level – the upper level of the first indicator, above which the EA will open Sell;
  • Down Level – the lower level of the first indicator, below which the EA will open Buy;
  • Period indicator2 – period of the second indicator;
  • From – the lower borders of the range of second indicator values, in which the EA is allowed to open positions;
  • To – the upper borders of the range of second indicator values, in which the EA is allowed to open positions;
  • Period indicator3 – ATR period;
  • From – the lower borders of the range of second indicator values, in which the EA is allowed to open positions;
  • To – the upper borders of the range of second indicator values, in which the EA is allowed to open positions;
  • TF indicator3 – timeframe for ATR;
  • Initial lot – initial lot.
  • Autolot – enable/disable auto lot calculation.
  • Autolot size – amount of the deposit, on which Lot is to be used when Auto lot is enabled.
  • Max Lot – maximum lot size for the EA operation.
  • Virtual Take Profit, points – virtual take profit.
  • Option Take Profit – select the take profit operation based on the closed bars / the current price.
  • Level of Take Profit – select the take profit calculation based on the breakeven/the last order.
  • Virtual Stop Loss, points – virtual stop loss.
  • Option Stop Loss – select the stop loss operation based on the bar Open / the current price.
  • MaxOrders – the maximum number of opened orders.
  • Max spread – the maximum spread for opening and closing orders.
  • Star_Hour – the EA operation start time.
  • End_ Hour – the EA operation end time.
  • Use Wednesday Logics – if true, the EA will not work on Wednesday at night, if false it will work in the normal mode;
  • End Time Friday – time to stop trading on Friday;
  • TimeZone – your terminal time offset relative to gmt;
  • Max Spread – maximum spread, at which the EA is allowed to open and close positions;
  • Magic EA – magic number for the Expert Advisor to identify its positions;
  • Close all orders at take or stop – enable/disable closing opposite orders when the stop loss or take profit of the current orders are triggered.
  • Imp1DRAW, Imp2DRAW, Imp3DRAW – display news on the chart (enable/disable).
  • Pause before (after) a high importance news – the number of minutes to suspend the EA operation before (after) high-impact news.
  • Pause before (after) a medium importance news – the number of minutes to suspend the EA operation before (after) medium-impact news.
  • Pause before (after) a low importance news – the number of minutes to suspend the EA operation before (after) low-impact news.
  • Show Button Close – show/hide button for closing orders;
  • Show Statistics – show/hide statistics.

To enable News Stop Trading, tick the “Allow WebRequest” option and add “http://ec.forexprostools.com”, “https://www.worldtimeserver.com” to the list of URLs for WebRequest. To do this, open Tools > Options > Expert Advisors. Check the option “Allow WebRequests for listed URL:”. Add the following: “http://ec.forexprostools.com”,”https://www.worldtimeserver.com” and press “OK”. The EA takes news from the specified websites.

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