How the EA works
This expert advisor is a scalping EA. The purpose of scalping is to make small profits while exposing
the trading account to a limited risk. It means that you will be locking in as little as 10 - 15 pips
whenever market moves in your favor. This EA does what we can not. It monitors the currency chart
24 hours, constantly captures the moves that occur time and again, and keeps trading until you stop.
You can run the EA on specific days if you want. Mondays are generally more risky as new positions
build up. So it is better to run it from Tuesday to Friday.
The EA works on a funneling principle. Trades are constantly placed on intervals based on the
prevailing trends. Trends are identified by a complex algorithm of MA, Momentum, Price action etc.
Orders are closed as the currency baskets reach pre-defined profit targets. Baskets are kept open for
a maximum amount of working principle, as defined by the input parameter.