Velocity

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VELOCITY


Professional Spike/Impulse Scalping Algorithm used by Big Bank Traders, Hedge Funds, and Professional Traders.When price moves to a short term extreme, velocity strikes, jumping in and out of the market for a few pips at a time.Small stop loss and advanced break even plus trailing stop loss keeps your trading capital safe while providing the the highest potential for profit accumulation.Can be configured to trade continuations and/or reversals.Will NOT blow your account.Can be traded on multiple pairs with low spreads.Developed for use on the 1 minute time-frame.Default settings are optimized for GBPUSD with settings files available for EURUSD and USDJPY. New set files will be made available in the members area.For best results use a broker with small Minimum Stop Levels, preferably 0.Use a fast connection to your brokers trade server. A VPS combined with an ECN broker is ideal.For more details on how to use this EA, please download the Velocity Users GuideRisk Setting To be used with Dynamic lot sizing above. Fixed Lot Size Fixed lot size to be used with fixed lots above. Trade Direction Drop down menu. Choose Reversal, Continuation, or Both. Order Offset Distance in pips to place pending orders from current price. Trail Pend If true, pending orders will be trailed behind current price at a distance of the above offset. Max Fill Time Maximum time after spike occurs for pending orders to be filled (Seconds). ATR Multiplier ATR will be multiplied by this factor. Trailing Stop Stop loss will be trailed behind price at this distance (Pips). TS Activation Number of pips into profit before trailing stop is activated. Correct Initial Stop Loss If true, initial stop loss will be corrected depending upon entry slippage to maintain proper Initial stop loss distance. Use Break Even If true, Break even function will be enabled. BE Activation Number of pips into profit before stop loss is moved to break even (plus pips). BE Plus Number of pips into profit stop loss will be moved after price reaches BE Activation pips above. Attempts Per Bar Maximum number of trades allowed per spike. Attempts Per Cycle Maximum Number of trades allowed per Max Fill Time cycle. Min Trade Spacing Minimum distance (Pips) from last trade before new trade is entered. Initial Balance Drop down menu. Choose either entire account balance or a specified balance for this EA. Specified Balance If specified balance is chosen above, this is the amount for the EA to begin trading with. Trade Comment User defined trade comment. Magic Number is also added to end of comment for use in trade analysis. Magic Number Unique Serial number for EA. If running multiple instances on the same account and currency pair, be sure to use a Unique Magic number for each instance. 2 Part Entry Order If true, Market orders are sent in two parts. A few ECN brokers require this. Expiration Minutes Expiration (Minutes) for Pending Orders. For brokers that require an expiration other than 0 (no expiration). Advanced Options Advanced Loss Prevention. Enable Time Out If true, EA will pause trading if any of the below 3 conditions occur. Halt Max Spike Size If spike occurs larger than this setting (Pips), Trading will be paused. Halt Max Spread If spread occurs larger than this setting (Pips), Trading will be paused. Halt After X Consecutive Losses If the EA experiences more than this many losses in a row, Trading will be paused. Minutes To Halt Trading If any of the above three conditions have occurred the EA will pause for this many minutes. Enable Capital Preservation If true, EA will pause if it losses a user defined percentage of the account in one day. Manual Restart Required If true, and the EA loses the above defined percent in one day, Manual intervention is required to restart trading. Otherwise trading will resume the next trading session. Max Percentage Loss Allowed Per Day This is the Maximum amount the EA is allowed to lose Per Day if using Capital Preservation. For more details on how to use this EA, please download the Velocity Users Guide This Low Price For A Limited Time Only! Dont miss out on this chance to get into the market today!
VELOCITY – Cutting Edge Forex

Professional Spike/Impulse Scalping Algorithm used by Big Bank Traders, Hedge Funds, and Professional Traders.

When price moves to a short term extreme, velocity strikes, jumping in and out of the market for a few pips at a time.

Small stop loss and advanced break even plus trailing stop loss keeps your trading capital safe while providing the the highest potential for profit accumulation.

Configure to trade continuations and/or reversals.

Use either Pending Stops or Market Orders.

Dozens of safety features to keep your capital safe. Will NOT blow your account.

Does not use and martingale or grid components.

Go to the official site


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