1. Introduction
Simple Fractal Scalper is a intraday scalping EA specifically designed to trade during periods of high market volatility, using fast moving instruments. This EA focuses on capturing price movements for set time interval, thereby accumulating profits over time.
2. Installation Guide
Please refer to the article on how to purchase and install a trading robot from the MetaTrader Market: [Installation Guide](https://www.mql5.com/en/articles/498)
3. Parameter Settings
7
1) Trade Direction – To select the main trend Buy/ Sell /Auto
if choose Auto program set main rade based on Moving average with next 5 parameters. (I prefer to do the market analysis myself D1 and higher and manually set the main trend and use M1 for run EA)
7) Bars for Fractal – number bars program use for recognize fractals – use for set minor trend
8) Min distance between positions – minimum distance use for open next trade
9) SetUp Time movement in seconds – interval of time in secondes use for generate signal
10) SetUp Point movement in points – minimum distance price need to go for generate signal
11) Trade volume – volume for positions
12) Max nuber positions – maximum position allow open in the same time
13) TP points – number points for set takeprofit 0 – not use
14) SL points – number points for set stoploss 0 – not use
15) Trailing stop points – number points – maximum number points from current price to SL 0 – bot use
16) BE activate points – number points from current price to order price in profit for activate breakeven function
17) BE lock points – number points where move SL after activated BE ( for example BUY from 1000 with BE activate points =150, BE lock points=30, when price get 1150 SL move to 1030)
18) Min profit in points for close when trend change – number points in profit should be order for close when ninor trend change.
19) Dead zone in points – After minor trend change and program close trades based on parameter Min profit in points for close when trend change , but still have opened positions in last minor trend time , program generate dead zone ( no trade zone with this parameter.
20) Magic number – individual number – EA use this number and name of instrument for provide posiotion opened by itself.
Rest is visual parameters.
When minor trend change to Buy program closed all positions based on parameter 18 and generate No trade zone , based on parameter 19 and wait when minor trend change back to sell in this example.
Exit button for close all positions and remove EA from chart.
