Forex scalping maxx mereghetti pdf download

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Supervision is needed and settings have to be changed accordingly sometimes. The Day Trading EA is a fully-automated expert advisor which trades breakouts of variable lengths, based on our famous indicator bearing the same name. The expert advisor trades breakouts of variable lengths, based on our famous indicator Day Trading. It places pending orders at yet untouched support and resistance levels around the current price, using a donchian channel as a reference. When these prices are touched, the pending orders become market orders and the position management starts. Kindly note that default parameters are optimal for EURUSD H1. Don’t despair if you think they are too many, because parameters are grouped into self-explanatory blocks.

Trading Settings The following parameters affect the trading activity. Stop-loss: Select the stoploss in pips for the orders. Trailing-stop: Choose a trailing stop expressed as percetange of profits. Take-profit: Select the takeprofit in pips for the orders.

Max Spread: Select the maximum acceptable spread to trade. FIFO: Enable this option for US-Brokers. Money Management Select the risk allocation per trade, or a fixed lotsize to trade. Drawing Options Select colors and sizes of chart labels and lines. EA Settings Customize your order comment or magic number.