VTL Client Script: Daily Scalp

Discussion in 'Automated Trading' started by ProgtorHAL, Aug 11, 2014.

  1. 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