VTL Client Script: Daily Scalp

ProgtorHAL

Trader
May 16, 2014
2
0
17
Dear traders,
This is a client side script developed in Vertex Trading Language(VTL).
Daily Scalp is a simple but useful Expert Advisor based in the last two candles and valid for one day.
It manages a defined StopLoss, TakeProfit and Equity percentage (default is 5%) which define the amount of trade.
Also it closes a trade if it is older than one day.
Rules for entering the trade:
1) Number of bars should be at least 10
2) Account free margin should be greater than 1 lot
3) If there are no open trades, when the last close is lower than the previous close to this one, open a SELL position.
4) If there are no open trades, when the last close is greater than the previous close to this one, open a BUY position.

Hope you find it useful,
Thank you,
ProgtorHAL
 

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