Currency: EURGBP, EURCHF
Timeframe: M15
Risk: Medium
Minimum Deposit: $1000 (100)
Recommended Deposit: $2000 (200)
Version 4.1 new function was added:
GMT server time correction (gmt+1 default for Alpari
Acc5Digits: Switch on 5 digits quotations
Forex SCALPING SYSTEM
Algorithm
Scalper operates on the basis of finding the optimal channel on timeframe M15 and definition of orders from the found channel”s confidence intervals. Unlike most scalpers, TakeProfit and StopLoss are not fixed and depend on channel”s width and angle of slope. We also developed special library scalper.dll, which finds the optimal channel. It performs complex iterative calculations of channel with the least and decreasing mean-square deviation in channel. This channel defines the most probable corridor of price movement. We also revealed the most acceptable trade hours for each pair on the basis of the researches of dependence of volatility market on time. Several closely correlated currencies pairs were chosen to work with, and the Expert Advisor was adapted to work on these pairs. It allows to lower drawdown and thereby gives an opportunity to use integrated system Money management very efficiently, with higher %.
Developers: This Expert Advisor is the teamwork result of BJF Trading Group and SLP Trading companies. It took our mathematicians and programmers over a year to develop the product. The idea of creation of scalper on optimal channel was born long time ago
however we have experience some technical difficulties before we find the way to develop this product. We needed decisions allowing to optimize complex iterative calculations ; In order to fulfill the given task we organized department of programmers and the best mathematicians, who developed computer-aided design system for European companies.
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