Megapips is a multicurrency scalper Expert Advisor that applies technical peculiarities and characteristics of the volatility indicator in the short-term range of market movements.

The Expert Advisor DOES NOT use hedging, martingale, grid, arbitrage etc.

Adjustable Parameters

• ECN - ECN account type.
• VolatilityPeriod - volatility measurement period.
• VolatilityDelta - minimum volatility.
• TicksScalperStrategy - tick scalping strategy.
• LiteMode - enable the lite operation mode of the EA.
• PricePeriod - length of the price series.
• Refresh - if true, the EA takes into account only the prices processed with consideration of the step parameter.
• FilterStep - the minimum price step value.
• FilterAvg - averaging period of the price series.
• PriceExit - extremum breakout value.
• TimeMin - the minimum offset from a key points of the price series to generate a signal.
• TimeMax - the maximum offset from a key points of the price series to generate a signal.
• VolatilityStrategy - alternative non-tick scalping strategy.
• oneOrder - one order per one bar.
• baseMethod - basic calculation method (0-2).
• basePeriod - basic period.
• PriceAction - price brteakthrough for opening.
• RuleVolume - volume rule.
• RuleMovingAverage - additional rule of the moving average.
• MovingAverageMode - variant of the rule for the moving average (0-1).
• MovingAveragePeriod - period of the moving average.
• MovingAverageDelta - minimum indent from the moving average.
• RuleOrderClose - enable the rules for closing orders.
• OrderCloseTimeLag - time to close orders.
• DynamicStopLoss - enable stop loss calculation depending on market conditions.
• StopLossMethod - stop loss calculation method (0-3).
• StopLossPeriod - stop loss calculation period.
• StopLossKoef - stop loss calculation ratio.
• DynamicTrailingStop - enable calculation of a trailing stop depending on market conditions.
• TrailingStopMethod - trailing stop calculation method (0-3).
• TrailingStopPeriod - trailing stop calculation period.
• TrailingStopKoef - trailing stop calculation ratio.
• TakeProfit - take profit in points.
• StopLoss - stop loss in points.
• Trailing - enable a fixed trailing stop.
• HiddenTrailing - enable the hidden trailing mode.
• TrailingStop - trailing stop.
• TimeHourRange - if true, trade in a given time range only.
• TimeHourStart - trading start hour.
• TimeHourEnd - trading end hour.
• MagicNumber - order magic number.
• Lots - fixed trading lot.
• Risk - percentage of the balance to be used in trading.
• MaxLots - maximum lot.
• MaxSpread - maximum spread.
• MaxSlippage - maximum price slippage.