Need4Speed 倒卖 (Need4Speed Scalping)

Need4Speed is an intrad-day Scalping System.

It measures Speed of the Price in Points over a user specified time interval in Seconds.
Sounds can be activated to alert when Maximum Speed is exceeded.
The system counts and plots the number of Bullish and/or Bearish impulses that exceeded max speed in each bar.

Check Post 435 for a summary of terms used in this thread.

Entry Options:

1. Least Risky :
   1. Long when having more Bullish Impulses in a Bearish Bar (Hidden Buying)
   2. Short when having more Bearish Impulses in a Bullish Bar (Hidden Selling)

   
   

2. Aggressive :
   1. Long on first Bullish Impulse
   2. Short on first Bearish Impulse

   
   

3. Pending Orders
   1. ​​Buy Stop at High break of the bar with high number of Bullish and Bearish Impulses.
   2. ​​Sell Stop at Low break of the bar with high number of Bullish and Bearish Impulses.

   
   

4. Supported Entry:
   1. Long when having more Bullish Impulses in a Bullish Bar (Exposed Buying)
   2. Short when having more Bearish Impulses in a Bearish Bar (Exposed Selling)

   
   
   

Exit Options:

1. Fixed SL/TP using Fixed R:R ratio
2. SL at last low/high and TP by a trailing stop
3. Trailing Stop
4. Opposite Signal

Lot Size:

1. Fixed
2. Variable and calculated based on a risk percentage and SL

Pairs/Time Frames:

1. I prefer low spread liquid pairs (EURUSD,USDJPY,GBPUSD...)
2. Lower Time Frames (M1,M5,M15)
3. Higher Time Frames as Entry Filters

Sessions :

1. London (7:00 to 16:00 GMT)

First version of this EA is attached for you to test. No trades are taken by the EA in this version.


Versions Control:
1. Basic Version (Signal Only) attached to this post
2. Enhanced Basic Version N4S_02
3. Version 3 with Fast Trading Buttons N4S_03
4. Basic Auto Version N4S_03_Auto
5. Basic Auto Version Contrarian N4S_03_Auto_Contra
6. Version 3 Display Fix N4S_Auto_03_1
7. Version 4 with more options N4S_04
8. Source Code (MQL) N4S_04.mq4
9. Indicator for Manual Trading n4s_indy_01
10. Version 5 : N4S_05
11. Turbo Version 1 for news trading: N4S_Turbo_01
12. Need4Speed Histogram Indicator : N4S_Histogram
13. Version 5 MQL Source : N4S_05.mq4

Buckle Up, Engine Start, Go ....,

Khalil Abokwaik