Absolute Minimum Deposit is 20 usd per running preset - Best spreads 20 or lower through the day This EA is only made to trade on XAUUSD - GOLD This set is 5x risk so it risks alot per position so be careful and i recommend not exceeding an initial deposit of 200 USD with 5x risk and once you make 100% on a 50 USD deposit or more withdraw your initial deposit while using 5x risk although this EA has never blown the account with these settings (furthest i can backtest)
About this EA: This EA uses ticks so it works on any timeframe it scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and Tries to capitalize of inertia in price movement after a sudden price acceleration it's best to run on a vps the EA doesn't require one but for the best results have a connection below 20ms delay i have tested this on high delays and it's still profitable so it should survive either way. The best brokers to use are ECN enviroments like pepperstone razor accounts or icmarkets
Breakeven: Pips in profit to perform the break-even. Zero means disabled. Breakeven Behavior: Choose either a) Move the SL to open price or b) Secure half the profits of the trade
Trailing Stop: Trailing stop for trades expressed in % of the trade profit at the time
Trailing Step: Minimum increment in the stop-loss order.
Stop Loss: Stop-loss in pips, must have value.
Take Profit: Take-profit in pips. Zero means disabled.
Session Settings: Enable/Disable trading on asian / america / europe sessions
Weekday Settings: Enable/Disable trading on weekdays
Money Management Behavior: Choose either
a) Auto-calculate lotsize for each trade or
b) Trade a manual lotsize on each trade
Risk Per trade: Risk per trade expressed as % of the account balance
Manual Lot Size: Manual lot for the trades
NFA/FIFO Compliant: Enable to trade this EA on US Brokers
Custom Comment: Custom order comment for the trades
Magic Number: Number used by the EA to sign and recognize its trades
Slippage: Maximum deviation in filling prices, in points.
Manual Pip Value: Override the value of a pip for this symbol, if needed
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.