Nibbler FX is a half-scalper half-grid EA that analyzes the market using the price movement speed.

This Expert Advisor is intended for trading EURUSD, however it can run on other popular currency pairs, such as GBPUSD, USDCHF, USDJPY and others.

Not bound to any timeframe.

Parameters:

• Lotrisk - Enable automatic calculation of the lot.
• Risk - lot is chosen automatically on the basis of the balance.
• Lot - Fixed lot.
• VirtTrailingStop - distance at which the Stop Loss will be trailed following the current price, but only if the positions is profitable.
• Magicnum - - Magic number to identify orders.
• comment - order comment.
• MaxSpread - Maximum spread.
• Slippage - slippage value.
• Point - price change rate in points per unit of time;
• second - the time interval, during which the price is changed, set in seconds;
• Max_orders - the maximum number of orders in the grid.
• Levels - the distance between the orders in the grid in points.

An increased spread of 30 points is used in the strategy tester.