Forex Scalping Reverse Expert Advisor

Forex Scalping Reverse Expert Advisor review:

The EA is based on the Scalping Reverse PRO indicator. The main principle of the strategy is to buy from the bottom to sell from the top.

Note: the EA Parameters are set to EURUSD_H1 BY default (trade type only SELL). For other pairs and timeframes, you should find your own parameters.
In the settings you can set the step between the triggers and the trigger number from which to start trading. The size of the trigger is set as a fixed lot or % of the Balance or in martingale mode with the increase of each next trigger.

Test results:

Forex Scalping Reverse Expert Advisor

Parameters:

Trade Mode -determines the type of trade (Buy only, Sell only or ALL)
Lot Type -select the method of calculating the lot
Fix Size – fixed lot size
Step increase lot for Martingale – step to increase the size of the dot for martingale
Auto MM -lot size is set as % of Balance
Min Step between orders -distance in pips to the next order
Filter value – the level of the signal line for the ReverseWave indicator, which is built into the EA and is a signal filter
Start Signal bar -the number of the signal bar from which the trade is started
Depth of trend -trend depth parameter for scalping Reverse indicator calculation
MA period -parameter for calculating the ReverseWave indicator
Notification settings – configure notifications

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Installation

Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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