• Choose Money Management – lot management: fixed (Fixed lots) or dynamic (Dynamic lots).
• Risk Setting – risk settings for dynamic lot size.
• Fixed Lot Size – fixed lot size, if Fixed lots is selected above.
• Max Spread Avg – the maximum average spread size (over the last 20 ticks) at which pending orders are allowed.
• Max Volatility – the maximum allowable volatility, beyond which trading is prohibited.
• Max # of Orders Replaced – the maximum number of orders that will be replaced after the weekend or a dangerous spread / volatility.
Max Pending Orders – the maximum number of pending orders placed on the market at the same time.
• Max Order Distance – the maximum distance by which it is allowed to re-order. Measured in pips.
• Order Offset – the distance in pips to offset the order entry levels from the demand and supply zones.
• Target Profit – take profit in pips.
• Use Break Even – set to true to use the breakeven transfer.
• BE Activation Pips – the number of profit pips to activate the breakeven function.
• Initial Stop Loss – the initial stop loss in pips.
• Trailing Stop – trailing stop in pips.
• TS Activation – the number of pips in profit for activating a trailing stop.
• Trailing Step – increment to move stop loss. For example, 0.5 pips. The trailing stop will move every 0.5 pips in the direction of profit.
Multiple Entry Orders – if true, several orders with different take profits will be placed at a distance of x pips.
• Number of orders to open – the number of orders with various take profit levels to be set.
• Target Profit Spacing – the interval in pips for a multi-stage take profit (if Multiple Entry Orders = ‘true’).
• Friday Exit Hour – the hour on Friday at which all pending orders will be deleted. The value is from 1 to 24.
• Order Expiration Minutes – the expiration time of orders; set the value to 0 if your broker does not require an expiration time when sending pending orders.
• Max Order Retry – the maximum number of attempts to enter or delete orders.
Initial Balance – the initial balance. Select the entire account balance or specify the balance value that Apex Scalper Expert Advisor is allowed to use in trading.
• Specified Balance – if ‘Specified Balance’ is selected in the parameter above, specify here the size of the balance that Apex Scalper will use.
• Broker Digits – 4 or 5 decimal places at the broker. Five-digit quotes are recommended.
• Enable Broken Trade Check – check for problems with deals on each tick. For example, loss of internet connection, “trade flow busy”, price changed before setting stop loss, etc.
• Delete Orders When Advanced AI Scalper EA is Removed – if ‘true’ is selected, all pending orders will be deleted when the EA is removed from the chart or when reinitializing.
User Defined Tag – a label that will be added to the comment field of orders. It can be changed by the user.
• Magic Number – magic number for Apex Scalper. When launching multiple copies of the advisor on one account, be sure to use a unique number for each copy.
Choose a broker with a minimum stop level of 0.
For maximum performance with Apex Scalper, it is highly recommended that you use a fast connection with your broker.
