Firestorm Prop Firm Scalper

The firestorm Prop Firm Scalper is an automated trading system that uses advanced algorithms to analyze the market and execute trades on your behalf. The Firestorm prop firm scalper is a unique Grid Hedging Expert Advisor that is designed to trade on the XAUUSD (Gold) currency pair. One of the advantages of this trading system is that it comes with set files, which tries to set up and use the EA to execute trades.

Firestorm Prop Firm scalper Strategy

The Firestorm Prop Firm Scalper uses a trading strategy that can be customized according to the trader’s preferences. With the Firestorm Prop Firm Scalper, there are four ways to use the bot. You can choose to use the base lot and increase the size at every step using a martingale strategy or a fixed lot. This allows you to adjust the settings to your preferred trading style. Additionally, you can schedule the bot to run automatically and define specific take profit and stop loss levels. This ensures that the bot executes trades according to your predetermined parameters, reducing the need for constant monitoring. Furthermore, the equity protector feature is available, which helps to protect the account’s equity by automatically stopping trading when a predetermined equity level is reached.

firestorm prop firm scalper Features

  • Firestorm Prop Firm Scalper requires a minimum cent account balance of $100 to operate, according to the developer.
  • This trading system is optimized for trading XAUUSD (Gold) currency pair, according to the developer.
  • The H1 timeframe is the most suitable for using Firestorm Prop Firm Scalper, as pre-defined by the developer.
  • The EA comes with an Equity Setting (SL) feature that helps to protect the account’s equity by stopping trading once a predetermined level is reached.
  • The News Filter Option is available, which can be enabled to close all trades right before any High Impact News is released. This helps to avoid potential volatility and market fluctuations.

firestorm prop firm scalper Settings

  • Info Display                                                                                        ————————Range Inputs——————-
  • Draw Default Range When EA start trading                                                           true
  • Range Start pips                                                                                                             100
  • Close All orders on Range Hit                                                                                     true
  • Max Trades and hard SL                                                               ——— Max Trades & Hard SL ————–
  • Max buy trades (0 disabled)                                                                                       10
  • Max sell trades (0 disabled)                                                                                       10
  • Hard SL (in points)                                                                                                        10000
  • Switches                                                             ————————— Switches —————————
  • Start MANUAL Order Grid (Only if A/B Enable)                                               false
  • Open New Orders?                                                                                                 true
  • Enable Grid?                                                                                                             true
  • closes all orders now                                                                                             false
  • Magic                                                                                                ——–Magic Number Engine———
  • Magic_                                                    ——–If all the engines are disabled runs a motor in buy and sell ——-
  • Enable Engine A [BUY]                                                                                           true
  • Magic Number A                                                                                                      1111
  • Enable Engine B [SELL]                                                                                           true
  • Magic Number B                                                                                                      2222
  • ConfigLOTE                                                                  —————————Config Lot INIT——————————
  • Lot Mode                                                                                                              Percent Lot
  • Fixed Lot                                                                                                                        0.1
  • Percent Lot                                                                                                                   0.1
  • Take Profit in Pips                                                                                                        6000
  • Prop_Firm_EA_ConfigGrid_                             —————————Config Grid————————————–
  • Type Grid Lot                                                                        Martingale Lot 0.01/0.02/0.04/0.08/0.16/…………….
  • Step Size in Pips                                                                                                           3
  • Grid Increment Factor (If Martingale)                                                                    2.0
  • STEP LOT (If Step Lot)                                                                                                 4
  • Max Lot                                                                                                                         99.0
  • After Level Change Lot A to B (Necessari all Engine Enable)                            2
  • Enable Grid Dual Side                                                                                                 false
  • FilterOpenOneCandle_                                                      ——————–Filter One Order by Candle————–
  • Open one order by candle                                                                                   true
  • Timeframe OpenOneCandle                                                                                current
  • MinimalProfitClose___                                            ——————–Minimal Profit Close/ Protect Grid ————
  • Enable Minimal Profit Close                                                                                true
  • Enable Protect Grid Last save Firsts                                                        true
  • Minimal Profit Close /Protect Grid                                                          10.0
  • Qtd Trades to Minimal Profit Close/ Protect Grid                               10
  • Config_                                                                                              —————————Config————————–
  • Hedge After Level                                                                                          0
  • Daily Target in Money                                                                                   50
  • MovingAverageConfig_                                                               —————————–Moving Average————
  • Moving Average TimeFrame                                                                    current
  • Moving Average Period                                                                             34
  • Moving Average Method                                                                          Exponential
  • Moving Average Price                                                                                Open Price
  • Moving Average Shift                                                                                 0
  • HILOConfig_                                                                                       —————————–HILO——————–
  • Enable Sinal HILO                                                                                      true
  • If True Invert Filter                                                                                    false
  • HILO TimeFrame                                                                                        current
  • HILO Period                                                                                                3
  • HILO Method                                                                                              Exponential
  • HILO Shift                                                                                                    0
  • Trail stop settings                                                                             ——————–Trailling Stop————–
  • Use Trailling Stop                                                                                       true
  • Trail Start (in points)                                                                                  200
  • Trail stop (in points)                                                                                   200
  • Trail step (in points)                                                                                   10
  • BreakEven                                                                                        ——————–Break Even————–
  • Use Break Even?                                                                                        true
  • Break Even Start                                                                                        15
  • Break Even Step                                                                                         3
  • TakeEquitySTOP_                                                                          ————————Take  Equity STOP ————–
  • Usar Take EquityStop?                                                                                          true
  • Closes all orders once Float hits this $ amount                                              50.0
  • FilterSpread_                                                                                       —————————-Filter Max Spread——–
  • Max Spread in Pips                                                                                              24
  • EquityCaution                                                                                     ————————Filter Caution of Equity —–
  • EquityCaution?                                                                                                      true
  • Total % Risk to EquityCaution                                                                            20.0
  • Timeframe as Equity Caution                                                                            1 Day
  • EquitySTOP_                                                                                   ————————Filter  Equity STOP ————-
  • Use EquityStop?                                                                                                  true
  • Total % Risk to EquityStop                                                                                60
  • Send Alert to Celular                                                                                         false
  • Close all orders in TotalEquityRisk                                                                 false
  • Remove EA and close chart after Equity stop closes trades                    true
  • NEWS                                                                                    —————————-Filter News Investing.com——–
  • Use news filter                                                                                                   true
  • Close trades during news period                                                                    false
  • News Settings                                                                                       ———– News settings ———–
  • Scan for low impact news                                                                              false
  • Before low impact news                                                                                5
  • After low impact news                                                                                  5
  • Scan for medium impact news                                                                    false
  • Before medium impact news                                                                      5
  • After medium impact news                                                                         5
  • Scan for high impact news                                                                           true
  • Before high impact news                                                                              5
  • After high impact news                                                                                 5
  • Scan for NFP news                                                                                         true
  • Before NFP news                                                                                            5
  • After NFP news                                                                                               5
  • DrawNewsLines                                                                                              true
  • Line colour-low impact news                                                                      Green
  • Line colour-medium impact news                                                              Blue
  • Line colour-high impact news                                                                     Red
  • Line width                                                                                                         1
  • Line Style                                                                                                          Dot
  • TimeFilter                                                                                          ————————-Filter DateTime—————-
  • InpUtilize TimeFilter                                                                                       true
  • Inp Trade_in_Monday                                                                                    true
  • InpTrade_in_Tuesday                                                                                     true
  • Inp Trade_in_Wednesday                                                                              true
  • InpTrade_in_Thursday                                                                                   true
  • Inp Trade_in_Friday                                                                                        true
  • InpStartHour                                                                                                     00:00
  • InpEndHour                                                                                                       23:59
  • Visor1                                                                                                  —————————–Visor 1 ——————–
  • Visor1_Show_the_Time                                                                              true
  • Visor1_Show_the_Price                                                                              true
  • Visor1_Price_Up_Color                                                                               LawnGreen
  • Visor1_Price_Down_Color                                                                         Tomato
  • Visor1_Price_X_Position                                                                             10
  • Visor1_Price_Y_Position                                                                             10
  • Visor1_Price Size                                                                                          20
  • Visor1_Porcent_X_Position                                                                        10
  • Visor1_Porcent_Y_Position                                                                        70
  • Visor1_Porcent_Size                                                                                    20
  • Visor1_Symbol_X_Position                                                                         10
  • Visor1_Symbol_Y_Position                                                                         40
  • Visor1_Symbol_Size                                                                                     20
  • Visor1_Chart Timezone                                                                              -5
  • Visor1_Time_Color                                                                                      Yellow
  • Visor1_Time_Size                                                                                         17
  • Visor1_Time_X_Position                                                                             10
  • Visor1_Time_Y_Position                                                                             10
  • Visor1_Spread_Size                                                                                      10
  • Visor1_Spread_X_Position                                                                         10
  • Visor1_Spread_Y_Position                                                                          100

firestorm prop firm scalper Summary

In summary, the Firestorm Prop Firm Scalper is an automated trading system designed with customizable settings and set files, it can be also be applied to multiple currency pairs. However, it’s important to note that like any trading system, there is no guarantee of profits, and traders should always exercise caution and risk management. It is advisable to first test the system using a demo account before using real money.

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