A simple forex scalping bot that uses the Zone Recovery strategy. The EA opens trade when it is first initiated upon reaching the first closed candle on 1 min chart. it places a buy trade 2.5 pips above and sell trade 2.5 pips below the first closed candle. and then uses the zone recovery strategy to keep adding trades with increased lot sizes in order to recover and profit the trades.
The bot should only trade when the market is not slow or consolidating since that is bad for the EA and can make it open very large amounts of trades. So when the market is either trending or has volume are good conditions for trading.
This should theoretically be a 100% win strategy.
The EA can start with a buy or a sell order, depending on which one gets hit first, and in turn proceeds to add the lots accordingly on opposite ends.
This is a known strategy and there is a lot of content and code available online, however I want to use it for scalping.
More details could be found in this video: [login to view URL]