This code represents a Forex robot called Micro Scalper. It is designed to identify trading opportunities based on price action and tick data volatility within a specific range. The robot calculates the volatility and checks if it falls within the desired range. If a suitable opportunity is identified, a buy order is placed with a specified lot size, stop loss, and slippage.
The robot also includes functions to monitor the trade, modify the take profit level, and implement risk management strategies. The lot size is calculated based on a risk percentage per trade and a predefined stop loss value. The unique identifier (magic number) is used to differentiate the robot's orders from other systems or manual trades.
Please note that ForexRobotEasy is not the official developer of this product. This code is provided as a sample that can work according to the product description. To find the official developer of this product, please use MQL5.
For detailed reviews and trading results of this product, please visit Forex Robot Easy - Micro Scalper Review.
To use this code, you need to have a MetaTrader 4 platform installed. Follow these steps:
- Open the MetaEditor in the MetaTrader 4 platform.
- Create a new Expert Advisor (EA) and name it 'Micro Scalper'.
- Copy and paste the code into the EA file.
- Compile the code by pressing F7.
- Attach the EA to the desired currency pair chart.
- Adjust the risk percentage, stop loss, and slippage parameters according to your trading preferences.
- Enable automated trading and allow live trading in the MetaTrader 4 platform.
- Start the EA and monitor the trades.
Please ensure that you have a good understanding of Forex trading and risk management before using this EA.
ForexRobotEasy is not the official developer of this product. We are providing this code as a sample that can work according to the product description. The results and performance of the EA may vary depending on market conditions and individual trading strategies. We recommend conducting thorough research and testing before using this or any other Forex trading tool.