EBISU

Strategy: Scalping

The EBISU system is designed to be used for Scalping trading based on the desired time period. This system can be applied in various formats, such as using it to trade and profit from overnight swaps or utilizing it for timing the opening and closing of orders according to specific time periods as needed.

Inputs

Variable and value details

[ ___ Weekday Settings ___ ]

• Weekday Trade Set the system to operate on Monday, Tuesday, and Thursday (0 = disabled, 1 = enabled).

• Weekday Open Time Set the order opening time on Monday, Tuesday, and Thursday from 00:00:00 to 23:59:59.

[ ___ Wednesday Settings ___ ]

• Wednesday Trade Enable the system to operate on Wednesday (0 = disabled, 1 = enabled).

• Wednesday Open Time Set the order opening time on Wednesday from 00:00:00 to 23:59:59.

[ ___ Friday Settings ___ ]

• Friday Trade Enable the system to operate on Friday (0 = disabled, 1 = enabled).

• Friday Open Time Set the order opening time on Friday from 00:00:00 to 23:59:59.

[ ___ Closing Time Settings ___ ]

• Closing Time Start Specify the start time for closing orders (e.g., market opens the following day at 01:00:00).

• Closing Time End Set the end time for the system's operation (allowing an additional 5 minutes buffer, e.g., 01:05:00).

• Closing By Time If you want the system to close orders based on a specified time, enter the value 1. If you want the system to close orders based on stop loss (SL) or take profit (TP) levels, enter the value 0.

[ ___ Money Management ___ ]

• Lot Size Lot size for opening orders.

• Take Profit Profit target distance.

• Stop Loss Stop loss distance.

• Order Side Enter the value 0 to use the system for placing SELL orders, and enter the value 1 to use it for placing BUY orders.

• Magic Number The reference number for the bot's trade order execution.

This system may be applicable only during certain time periods, especially if it is used to profit from swap values. It is advisable to check with your broker whether swap values are favorable for trading. Some time periods may allow trading every day, while others may be limited to Wednesdays or Fridays. It is recommended to conduct backtesting before using the system each time.