APEX SCALPER MT4 – Full Input Settings Analysis

Apex Scalper is your gateway to smart, secure, and profitable MetaTrader 4 platform trading. This complete automatic Expert Advisor is designed for currency pairs and intended to place you in the lead on the foreign exchange market—risk-free. With a FIFO-friendly order management system and without risky trading strategies such as martingale or grid, EA protects your capital with steady, lightning-fast outcomes.

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Money Management

• Use Money Management: false
  → Automatic risk-based lot sizing is disabled. The EA will use a fixed lot.
• MM Risk Setting: 1.0
  → Trade risk percentage if MM was enabled (which is not utilized now because MM = false).
• Fixed Lot Size: 0.1
  → All the trades use a fixed 0.1 lot.
  → Takes into consideration small, suitable for accounts less than $1000.

Entry Variables

• Sample Period: 16
  → Amount of candles used when calculating trade signals.
• Look Back Period: 500
  → Number of previous candles examined to find valid entries for trading.
• Order Offset (Pips): -1.3
  → Entry offset; minus means greater than just the signal confirmation.
• Max Spread: 10.0 pips
  → Will only make a trade if the spread is below 10 pips.
  → This is relatively high for scalping models.

Exit order

• Target Profit: 50.0 pips
  → Stop at Take Profit for 50 pips.
• Stop Loss: 14.0 pips
  → Stop at Stop Loss for 14 pips.
• Trailing Stop Activation: 2.0 pips
  → Trailing is turned on when the trade is 2 pips in profit.
• Trailing Step: 0.4 pips
  → The trailing SL is moved by 0.4 pips with every price move.
• Break Even Activation: 2.0 pips
  → SL is shifted to breakeven when the trade is 2 pips in profit.
• Pips to Lock In at BE: 0.9 pips
  → SL is moved to lock in 0.9 pips of profit when breakeven is on.

Partial Close Exit

• Use Partial Close: false
  → Partial closing is prohibited.
• Position % to Close: 5.0%
  → In every step, utilized, the EA would close 5% of the position.
• Minimum Profit to Close: 1.0 pip
  → Partial closing is performed only when profit is more than 1 pip.
• Seconds Between Closings: 10 seconds
  → Time interval to wait between each partial close.
• Pips Between Closings: 1.0 pip
  → Next portion will be closed only if profit is more than 1 pip.

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