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AK 47 Scalper EA MT5 – Full Input Settings Analysis
AK 47 Scalper EA is an Expert Advisor (EA) designed for MetaTrader 5 (MT5) that executes high-precision scalping by way of automatic trade. With stop-loss and take-profit functionalities incorporated in it, it provides full protection, hence making it ideal for those traders who want to carry out high-frequency and low-risk trade. The EA has a complex algorithm that executes fast, calculated trades in such a way that risk avoidance is its greatest objective.
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Money Settings
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Allow Volume Percent: True
→ Allows the EA to calculate trade volume based on a percentage of account balance. -
Risk Percentage of Balance (%): 3.0
→ Each trade risks 3% of the account balance. The EA will automatically calculate lot size according to this risk level.
Trading Settings
- Lots: 0.01
→ Trade fixed volume (if percentage of volume is not enabled). - Stop Loss (in Pips): 3.5
→ 3.5 pips stop loss on every trade. - Take Profit (in Pips): 7.0
→ Target for take profit is 7 pips. 0 to prevent the EA from using TP. - Maximum Slippage Allowed (Pips): 3
→ Max slippage to open an order accepted is 3 pips. - Maximum Allowed Spread (in Points): 5.0
→ Maximum spread to trade is 5 points (that is 0.5 pip). The EA will not place the trades if the spread goes beyond that.
Trading Time Settings
- Trading Time Filter: True
→ Enables the time filter for trading sessions. - Start Hour / Minute: 2:30
→ The EA starts trading at 2:30 AM (server time). - End Hour / Minute: 21:00
→ The EA stops trading at 9:00 PM (server time).
Key Takeaways
- AK 47 Scalper EA is a professional Expert Advisor (EA) for MetaTrader 5 (MT5) platform designed specifically for high-precision, auto scalping.
- It is supported with stop-loss and take-profit options, offering sophisticated risk management appropriate for high-frequency, low-risk traders.
- With an advanced algorithm, the EA executes fast, rational trades based on the investor’s desire to mostly avoid risk