Scalping Trap EnvBB

Scalping_Trap_EnvBB is an automated trading scalper EA that will detect high-probability entries for price action breakouts on the current chart timeframe. It uses intelligent algorithms to adapt to the market based on combinations of the Bollinger Bands, Envelopes and Fractals indicators. The trading strategy can be selected in the parameters. This allows to fine-tune the EA for various trading instruments and use tactics of multi-currency trading.

The EA uses a SL so the account is always protected from high losses. The potential profits per trade are very high compared to the possible loss, as a smart take profit is being used to let the profits run.

Optimized for EURUSD M30, 0.00001. You should attach the EA to a chart and allow automated trading to let the Expert Advisor work. The EA will run on many low-spread pairs. With proper settings it is also appropriate for any time frames.

Settings

Basic settings

• Magic BUY - the magic number for the EA's long positions;
• Magic SELL - the magic number for the EA's short positions;
• Spread Max - maximum spread, the EA will not trade if the current spread is above Spread_Max;

Money Management

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