MaxSpreadExit parameter added in Smart Scalper PRO | Blog | FXAutomater

SHOCK SALE... Ends In: 00 Days 00 Hours 00 Minutes 00 Seconds

30 May

MaxSpreadExit parameter added in Smart Scalper PRO

2 Comment(s)

We have added the parameter MaxSpreradExit in Smart Scalper PRO by request of our users. The parameter is used to control closing the trades and avoid closing the trades when the current market conditions are not good. Especially when the current spread is greater than MaxSpreadExit. For example if you set MaxSpreadExit=5 the EA will close the trades only when spread is equal or lower than 5 pips. This could be useful in the periods of high impact news and from 00:00 to 00:59 o'clock when the spreads could be higher than usual. This parameter has value 0 (zero) by default which means it is disabled. If you want to use it then you can set a value greater than 0 (zero).

The new version of Smart Scalper PRO is 1.6 and it is available for downloading in the member area on our website.

If you have any questions about the new version don't hesitate to contact us or add a comment below.

Comment(s) (2)

Fxautomater Support Team Reply
Yuki: Hello, I want to ask what is the recommended value for MaxSpreadExit parameter? In the settings of the expert advisor Smart Scalper PRO the default value is 0.

Hello Yuki, Thank you for this question. Our forex developers and specialists have set as default value 0 (zero) for MaxSpreadExit parameter in our forex robot Smart Scalper PRO because without this parameter its performance is good and stable. This parameter was added just to improve the performance a little bit when the broker's conditions are not good. The average value you can set for MaxSpreadExit parameter could be 4 pips.
June 01 2022, 11:09 AM
Yuki Reply
Hello, I want to ask what is the recommended value for MaxSpreadExit parameter? In the settings of the expert advisor Smart Scalper PRO the default value is 0.
June 01 2022, 11:03 AM

Leave a comment

Full Name

Email Address

Comment

Subscription

I consent to FXautomater Privacy Policy

Disclaimer U.S. Government Required Disclaimer – Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Clearly understand this: Information contained within this course is not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.

*CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

By using FXAutomater's products, you acknowledge that you are familiar with these risks and that you are solely responsible for the outcomes of your decisions. We accept no liability whatsoever for any direct or consequential loss arising from the use of this product. It's to be noted carefully in this respect, that past results are not necessarily indicative of future performance.