Type : Tick scalper, range trader, scalper using small stop loss and tight trailing stop loss. ****EA trading system overview**** EA starts to look for valid entries from Tradezone_Open (time) EA stops looking for valid entries from Tradezone_End (time) EA closes any open orders at Tradezone_Close (time) EA uses Days_Range_Percent as entry trigger EA places a buy stop/sell stop on breach of of lower/upper channel when valid trigger crietria met (+ pending order distance from market = Trail_Clearance) EA adjusts buy stop lower if price falls/adjusts sell stop higher if price rises until become livemarket order (Pending order distance from market = Trail_Clearance) EA will start with 1 pending order, and only when pending changes to live market order and minimum additional spacing met will EA place another pending order. EA places up to max number of order (Max_Orders) and are managed individually or as a basket (Trailing_Basket : T/F) EA uses Stop_Loss value equal to % of the previous days range (stop loss moves in sync with/when pending orders adjusted) EA uses Take_Profit as minimum order (individual, or basket) profit value before trailing stop loss (trailing stop loss distance from market = Trail_Clearance) ****Entry Indicator inputs x 4**** 1) Days_Range_Period: Period of days previous to calculate average days range 2) Days_Range_Tradezone : T/F T = use data only during Tradezone_Start - Tradezone_End time 3) Days_Range_Percent : percent to apply to average of days range to create horizontal or dynamic channel (short above/long below MA) 4) MA_Period : (applied to chart TF) 0 = disabled, measure Days_Range_Percent from Tradezone_Open or first swing high/low. ****EA system inputs x 10**** 1) Range_Percent = % of Days_Range OR Days_Range_Tradezone for order/order basket to move into profit before trailing. 2) Stop_Loss = % of the average of Days_Range/Days_Range_Tradezone 3) Order_Spacing = minimum distance from one order to the next 4) Trailing_Clearance = distance from market for pending buy+sell stop orders, and trailing stop loss. 5) Trailing_Basket : T/F (T = apply Range_Percent value to basket of orders/in case where more than a single order to average out of trade baskets) 6) Max_Av_Spread = maximum average spread value permitted to set/maintain pending stop orders(calculated on all spreads for previous 20 seconds). 7) Fixed_Lots : enter fixed lot size of trade (if 0 refer Risk_Lots) 8) Risk_Lots : enter % of account balance to risk per trade 9) Max_Orders : enter maximum number of trades in same direction on same pair. 10) Max_Loss : enter max number of losing trades per day before no additional entries - pair specific. ****EA Chart Display**** Max Av Spread and Current Spread Average and Current Spread Days_Range_Percent : as % and in points Range_Percent : as % and in points Stop_Loss : as % and in points Order_Spacing : in points Max_Orders : in points Fixed_Lots or Risk_Lots