PlatinumScalper is a scalping EA based purely on price action.

This system does not use indicators, martingales or hedge management. It is based only on price action and is not stuffed with a lot of filters.

The EA trades on M1 timeframe only on XPTUSD only and only on ECN accounts with spread less than 3 pips! It will not trade on non-ECN accounts or bigger spread! I tried using it on Gold, but not every broker gives a good spread.

Parameters

• Magic = -1 – if less than 0, it calculates a magic number automatically
• OrderCmt = "" – trade comments that appear in the Trade and Account History tabs
• MaxSpread = 30.0 – max allowed spread in points (1/10 pip)
• MaxExecution = 0 – max allowed average execution time in ms (0 means no restrictions)
• MaxExecutionMinutes = 5 – how often in minutes should fake orders be sent to measure execution speed
• AddPriceGap = 0 – additional price gap in points added to SL and TP in order to avoid Error 130
• TrailingStart = 0 – start trailing profit from as so many pips. Default 0
• Commission = 0 – some broker accounts charge commission in USD per 1.0 lot. Commission in points
• Slippage = 3 – maximum allowed slippage in points
• MoneyManagement = TRUE – if TRUE, then calculate lot size automatically based on Risk. If FALSE, then use ManualLotsize below
• MinLots = 0.01 – minimum lot size to trade with
• MaxLots = 1.0 – maximum allowed lot size to trade with
• Risk = 2.0 – risk setting in percentage. For 10.000 in Balance 10% Risk and 60 StopLoss lot size = 16.66
• ManualLotsize = 0.1 – manual lot size to trade with if MoneyManagement above is set to FALSE

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