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ABELLA SCALPING ROBOT EA MT4 – Full Input Settings Analysis
Abella Scalping Robot EA is an Expert Advisor that specializes in scalping, a popular trading strategy focused on profiting from small price changes. Operating on the M1 timeframe, it enables high-frequency trading, allowing the execution of multiple trades in a short period. This EA employs a sophisticated scalping strategy, meticulously drawing channels on the chart using trendlines and integrating supply and demand levels. This dual-layered approach enhances its ability to identify and capitalize on short-term market movements.
- Channel Length (bars): 50 — Adjusts price channel length for scalping or breakout trading strategy
- Channel Color: Orange — For display reasons only and does not adjust trading logic
- Enable No Loss: True — SL relocated to breakeven if profit is made at a specific level
- Move to Break Even After: 10.0 pips — SL will be relocated to breakeven if 10 pips of profit is made
- Additional SL Offset Following BE: 5.0 pips — SL moved 5 pips in opposite direction of entry to lock profit
- Lot Size: 0.01 — Locked small lot, appropriate for small accounts or backtesting
- Max Risk: 0.02 — Max risk of each trade is 2% of the account
- Decrease Factor: 0.001 — Depreciates risk following losing trades
- Trailing Stop: 40.0 — SL trails price after 40 pips profit
- Stop Loss: 400.0 — Large fixed SL, volatility scalping room
- Take Profit: 400.0 — Large TP, trades will be closed early because of trailing or BE
- Magic Number: 1234 — Custom EA ID to manage trades in account
TRADING STRATEGY
- FastMA: 6 — Fast Moving Average (6-period)
- SlowMA: 85 — Slow Moving Average (85-period)
- Distance: 5.0 — Minimum gap between MAs to trigger a trade (e.g., crossover signal)
- Momentum Sell: 0.3 — Minimum momentum required to trigger a sell (very sensitive)
- Momentum Buy: 0.3 — Minimum momentum required to trigger a buy
Key Takeaways
- Scalping Strategy: Abella Scalping Robot EA is a scalping Expert Advisor specifically programmed, a trading strategy that is utilized to reap profits from slight price changes.
- High-Frequency Trading: It operates on the M1 timeframe, allowing for high-frequency trading, with numerous trades possible to be taken in short periods.
- Advanced Techniques: The EA employs sophisticated techniques like the careful creation of trading channels by the use of trendlines and the intersection of supply and demand levels, which enhance its capabilities to detect and capitalize on short-term market trends.