Coding ea forex

[parwezahmed193]

Hey Guys ,
I want to know what is the coding of Scalper EAs in most common EAs . Like how they are coded what is the inputs or we can say on which basis they execute a trade .

I have seen many EAs which take very low lot size and low take profit , the amount of trade taken is how they make money .
For ex , 10 x 0.10 lot , take profit would be like in 10 - 20 pips range .

They make money in a easy way by taking multiple trades in a day .
Can anyone explain in which basis they take trade or what is the common code .

Hope you guys will give some useful informations , please don’t spam by replying not useful informations or which are out of the topic .
Thank You

[tradeforex077]

@parwezahmed193

I have seen many EAs which take very low lot size and low take profit

Where have you seen these?
Can you buy them?

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@parwezahmed193

I want to know what is the coding of Scalper EAs in most common EAs

Scalping EA’s are very easy to code, but enabling scalping depends on your broker. For instance, if your broker’s minimum distance is less than 3-5 pips per trade, has very low spreads (0.3-1pip per trade) and relatively high leverage, then this type of broker makes scalping doable. The coding generally would be: (Your strategy criteria met+ (Placing the trade greater than) MarketInfo(MODE_STOPLEVEL); It’s up to you to discover what is the minimum distance in pips your broker allows for placing a trade and that code would be written like this:

double d_check_stop_lvl = MarketInfo(_Symbol,MODE_STOPLEVEL);
Print(“MINIMUM DISTANCE IS:”," ",d_check_stop_lvl);

And you’d place this code into the “OnInit() function” because everytime your EA loads, it’ll show you how many pips minimum is required to take a trade.

@parwezahmed193

Can anyone explain in which basis they take trade or what is the common code

So to sum everything up: 1. Your broker must be a broker that allows scalping. 2. You must determine the minimum pips required to place a trade. (If it’s more than 5 pips, then this isn’t a scalping broker).

@parwezahmed193

I have seen many EAs which take very low lot size and low take profit , the amount of trade taken is how they make money .
For ex , 10 x 0.10 lot , take profit would be like in 10 - 20 pips range .

0.10 isn’t a low lot-size. It’s $1.00 per pip which is relatively high