Has anyone seen an EA for scalping? I'm looking for something that gets into 5 or more trades per day.
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DislikedI think you should check a system by The Wicker, 5 Minutes Trend Following System.
I'm currently testing it, and I think it works great, you could have 2-3 chances per day. Only, yes ONLY, enter if 4 indicators support your action, and always open 2 position, 1 you specify TP to the nearest Fibo, the other let it run and Trail the SL. http://www.forexfactory.com/images/icons/icon10.gif
I'm still figuring the best exit strategy, and I'm thinking that an EA will be great!Ignored
DislikedI think what matters more is how long the trades last.
If those 2-3 trades account for certain market inefficiencies which last a few minutes, then that would be scalping in my book.Ignored
DislikedI'm willing to try to build your EA, I've built a couple in the past but never anything I've live tested... send me a PM and I'll let you know if I think I can build it or not.Ignored