The BULLSCALP

Requirement
Version 1.1
SPEC_THE_BULLSCALP_1_1_EN.docx
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1. Sommaire
1. Sommaire ........................................................................................................................................ 1
2. Global Stratégy ................................................................................................................................ 2
3. Indicators ......................................................................................................................................... 3
4. Indicators setups ............................................................................................................................. 3
5. Input signals..................................................................................................................................... 4
a) Buy signal ..................................................................................................................................... 4
b) Sell Signal ..................................................................................................................................... 5
c) False signal................................................................................................................................... 6
d) Acceptable signal ......................................................................................................................... 6
a) Pull Back distance setting ............................................................................................................ 7
6. Inputs setting EA.............................................................................................................................. 8

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2. Global Stratégy
My strategy uses 2 different indicators, the Commoditiy Channel Index (CCI) and the Supertrend+.
Trade are opened when any conditions are to gather
Any conditions are described in this document for depending on whether it is a Buy or Sell position.
This strategy is designed for run on M1 Time Frame.
The robot will be developed on MT4

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3. Indicators
The trend direction is fixed by the superTrend indicator designed by « Electrified » developer.
Hereunder, this is the screenshot on TradingView indicator.

Figure 1 : Supertrend+ indicator

The second indicator use for this strategy is the CCI. It is shown as below in TradingView.

Figure 2 : Commodity Channel Index Indicator

This Indicator is available on Metatrader 4 too.

4. Indicators setups
The SuperTrend+ and CCI parameters are as follows:

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5. Input signals
This chapter contains the opening conditions of a position but also the invalidation parameters.
a) Buy signal
Here is the list of conditions that must be met in this order to open a buy position.
1. The price must be above the green line of the SuperTrend+
2. The CCI line must cross the lower band of -100 (This value is configurable in the
inputs of the EA)
3. The CCI line must cross above the lower band of -100 (This value is configurable in
the entries of the EA) without the candle having closed below the green line of the
SuperTrend+
4. Once condition 3 is ok, wait for the candle to close.
5. Opening of the Buy position after the candle has closed (which allows confirmation
that the CCI line has gone back above -100) – After taking into account the filters set
in the “EA input parameters” table §6.
6. Setting up the SL below the green line of the SuperTrend+ (the distance of the SL will
be adjustable in number of pips below the green line in the entries of the EA).
7. Set the TP for a Risk/Reward ratio to 1.5 (This value is configurable in the EA entries)

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b) Sell Signal
Here is the list of conditions that must be met in this order to open a buy position.
1. The price must be below the red line of the SuperTrend+
2. The CCI line must cross the upper band of 100 (This value is configurable in the inputs
of the EA)
3. The CCI line must cross below the upper band of 100 (This value is configurable in the
entries of the EA) without the candle having closed below the red line of the
SuperTrend+
4. Once condition 3 is ok, wait for the candle to close.
5. Opening of the Sell position after the candle has closed (which allows confirmation
that the CCI line has gone back below 100) – After taking into account the filters set
in the “EA input parameters” table §6.
6. Setting up the SL above the red line of the SuperTrend+ (the distance of the SL will be
adjustable in number of pips above the red line in the entries of the EA).
7. Set the TP for a Risk/Reward ratio to 1.5 (This value is configurable in the EA entries).

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c) False signal
Some conditions are invalid position entries. If the candle closes above/at the red line or below/at
the green line then the entry condition is invalid.

d) Acceptable signal
Breaking the superTrend+ green/red line with a wick does not invalidate the position. Above all, the
close of the candle must be below the red line for a Sell position and above the green line for a Buy
position.

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a) Pull Back distance setting

The screenshot below shows what the value that will be set in the "PullBack" setting corresponds to.
The value will correspond to the maximum distance in pips that the difference symbolized by the
double red/green arrows must not exceed. This means that if the gap between the price and the
Supertrend line is greater than or equal to the maximum distance set, then the trade will not be
taken.

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6. Inputs setting EA
The table below contains the input parameters of the "Inputs" tab:
Variables
Magic Number
Risk percent equity
Lot size fixed
Max lot size
Max Spread
Ratio Risk/Rewards
Distance SL in Pips /
superTrend
Pull Back - Distance max
between SuperTrend Line and
the nearest price (for BUY)
Pull Back - Distance max
between SuperTrend Line and
the nearest price (for SELL)
Use Break even
Break Even Start in %
Use partial Closure
Partial Closure start in %
Partial order closed en %
Max Opened Orders By EA in
the same time
Breakout CCI from below
Breakout CCI from above
Breakout CCI from above
Breakout CCI from below
13/12/2022
Values Description
--- Initial Parameters ---
101092 Configurable value
0.0 Risk per trade in % relative to account size. This
parameter is used to calculate the lot size in relation to
the risk in % set.
0.0 Fixed lot size (if above parameter not used)
0.0 This value is the Max lot size that we do not want to
exceed
0.0 This value is the Max spread size above which the trade
will not be taken.
0.0 Ratio between SL and TP (1.5 par défaut)
0.0 SL offset value in pips, below the green SuperTrend+
line for a Buy, and above the red SuperTrend+ line for a
Sell.
Ex : 20 This value allows you to set a maximum distance in pips
between the green line of the superTrend and the price
closest to this line. If the distance exceeds 20 pips then
the trade will not be taken (see capture on page 6)
Ex : 20 This value allows you to set a maximum distance in pips
between the red line of the superTrend and the price
closest to this line. If the distance exceeds 20 pips then
the trade will not be taken (see capture on page 6)
True or False Breakeven enable or disable
0.0 The value represents the distance traveled in positive
from which we start to Break Even (we should see if it is
possible to shift the value of the spread in relation to
the entry price automatically)
True or False Partial Position Closing enable or disable
0.0 Value in % from which part of the position must be
closed
0.0 Value in % of the partial closure (ex: 70% of the trade)
0 Max number of trades open at the same time on the
same pair
--- Buy Order---
Ex : -110 Minimum value of the first breakout of the CCI from
below for a Buy
This setting makes it possible to avoid false entries
which break at -102 for example and which immediately
go back above -100 (condition 2).
Ex : -90 Minimum value of the second breakout of the CCI from
above for a Buy (condition 3).
--- Sell Order---
Ex : 110 Minimum value of the first breakout of the CCI from
above for a Sell (Condition 2)
Ex : 90 Minimum value of the second breakout of the CCI from
below for a Sell (condition 3)
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--- Equity Guardian---

Turn Off Auto-Trade when True or False Stop auto-trade when this box is “True” and one of the
Equity Guardian Activate following parameters is reached
Daily Target in % 0.0 Value in percentage of target gain before turning off the
EA
Max DD per Day in % 0.0 Value in percentage of max loss before turning off the
EA
--- Time Filter ---
Time Filter True or False Defined activation period
Start Time 00:00 Start time
Stop Time 00:00 Position Stop Schedule
Close Time 00:00 Closing time of all open positions
Trade Monday True or False Trading day on/off
Trade Tuesday True or False Trading day on/off
Trade Wednesday True or False Trading day on/off
Trade Thursday True or False Trading day on/off
Trade Friday True or False Trading day on/off
Trade Saturday True or False Trading day on/off
Trade Sunday True or False Trading day on/off
--- Informations Panel ---
(Information window or display in a corner of the graph of the following info)
EA_comment Ex : Robot 1 Comment
Max DD in % Value of the daily max DD in %
Max DD in value Value of the daily max DD in €
Profit / loss Value of day's wins/losses

The strategy works by respecting the close of the candles well.

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