S4K4 Ultimate is a Multi-Currency Scalper EA based on Price Action Pattern Strategy. Initially this method is for Basket style trading. This Price Action Pattern Strategy require Broker which has 28 major currency pairs. 8 Major Currencies (EUR, GBP, JPY, AUD, NZD, CHF, CAD). Each currency will have 7 pairs. Example: JPY (USDJPY, EURJPY, CADJPY, GBPJPY, CHFJPY, NZDJPY, AUDJPY). User can attached EA at any Timeframe and any kind of Leverage. You can start trading with $100.

Attention to customers

• This EA must run 7 EAs at the same time on different pairs on the same metaTrader4 account. You can use any pair and Timeframe.
• Magic number should be different for each EA. Example: EA no1 attached to EURUSD (magic no = 1111), EA no2 attached to GBPUSD (magic no = 2222) and so on... continue.
• For the 1st time running at the MT4, please select SHOW ALL at Market Watch menu. Let the EA run for about 30 to 60 mins. After that you can click AUTO TRADING button.
• Restart MT4 is recommended. This is because for the 1st time running, EA will download the data for 28 major currency. If the counting data is not meet the requirement then it will open false signal.
• Please start with minimum lot size i.e. 0.01. once the EA running in good conditioned and can see EA start making profit then you can adjust the lot size.
• Anyway, i will share the preset file so all customer just load the setting.
• So far only have 2 setting:
1. Aggressive (Run 7EA + 3 Limits Position)
2. Moderate (Run 5EA + 2 Limits Position)

Recommendation

• Recommended to enable Trading Time Limitation. Lets your EA run within the period of time. Try to avoid midnight news (FOMC).
• If you think your profit is enough on that day, my suggestion you can off the EA before midnight. Because market might against you back.
• MUST use broker which have 28 Major Currency if not EA will open false position.
• Recommended to use NDD or Market Execution or STP or ECN account for fast execution.
• These EA only trade for pair USDJPY, EURGBP, AUDNZD, GBPUSD, EURUSD, GBPNZD, EURNZD, GBPAUD, EURAUD, GBPJPY and EURJPY. User can set True/False if not prefer this pair to trade.

Parameters

• Automode: True/False (You can set to be True/False to trade all listed 11 pair)
• TradingUsingSingleUSDJPY: True/False (Your can set to be True/False for this single pair) --> This Action is same for all 11 pairs
• PositiveRunningPips: 1000 (This is +ve running pips accumulated by each Currency Block. It will be versus with -ve running pips)
• NegativeRunningPips: -1000 (This is -ve running pips accumulated by each Currency Block. It will be versus with +ve running pips)
• Lot Size: 0.01 (Lot size for open position for every single pair as per selected 11 pairs)
• TP: 25 (pips)
• SL: 70 (pips)
• TrailingStart: 30 (pips)
• TrailingStop: 25 (pips)
• TrailingStep: 5 (pips)
• Reverse: True/False (This Reverse action is important. If reverse is True, the position will be opened opposite to the signal given by the EA. Example: EA gives a BUY signal, but EA opens a SELL position. This strategy is for retrace method. If set False then it will follow trend EA signal)
• LimitSamepairToTradePerDay: 1 (If you have set 1, meaning that on the day only one time same pair is allow to open position. Example: EURUSD has an open position at time 13:30, and then the position hits TP. At time 15:23 Market is valid and it is valid to open a new order for EURUSD but the EA will not allow)
• MagicNumber: 1111
• UsedTradingTimeLimitation: False
• Start Time: 07:00
• End Time: 23:00

Strategy test result

• Aggressive Setting (7 Preset & 3 Limits position each EA)
1. https://www.mql5.com/en/signals/120364
2. https://www.mql5.com/en/signals/125492

• Moderate Setting (5 Preset & 2 Limit position each EA)
1. https://www.mql5.com/en/signals/159183