One-Minute Moving-Average Scalper Settings and Risk Controls
Summary
The document describes a short-term automated trading system built around moving averages. It says the expert advisor is intended for one-minute charts in major forex pairs and Nasdaq stocks, and trades using the open price of the current candle. Settings include fast and slow moving-average periods, trade size, stop loss and take profit, and optional trailing stops or break-even behavior.
It also outlines controls for multiple trades, including caps on concurrent positions, equity-based drawdown limits, and monetary profit and loss thresholds. A configurable increase factor can raise position size after losses, while a lot-size exponent affects sizing. The document gives parameter ranges and suggests testing on a demo account, but supplies no performance results, entry or exit rules beyond the brief candle-price description, or evidence that the settings are profitable. Its risk controls do not establish that losses are limited in all market conditions.
Key ideas
- The system is presented for one-minute trading in major forex pairs and Nasdaq stocks.
- It uses fast and slow moving-average settings, but the full signal logic is not explained.
- Stop losses, take profits, trailing stops, and break-even settings can manage exits.
- Equity risk limits and a maximum trade count are available for drawdown control.
- A loss-based increase factor can raise position size and may increase exposure after losses.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.