JScalp10July2023 is a scalping strategy. It opens a long position when RSI(14) closes below 25 and a short position when RSI(14) closes above 75. The strategy opens one position per trading day (Monday to Friday). It may skip one trading day per month. It trades only when the spread is lower than or equal to 2 pips. The strategy uses EUR/USD currency pair on 1 Min timeframe. SL is set at 55 pips and TP at 5 pips but the latter is adjusted to 14 pips on a drawdown of $25K or more. Trade amount is calculated as follows: amount = Equity / 10000 / LastBidCandle.CandleOpen * 50 / stopLoss - 0.1. The strategy validates margin before the weekend leverage comes into force and closes a position if necessary. Input parameters: Name Value Description defaultInstrument EUR/USD Instrument defaultPeriod 1 Min Time period slippage 2 Slippage (pips) stopLoss 55 Stop loss (pips) takeProfit 5 Take profit (pips) startDay 2 Week day to start trading endDay 6 Week day to end trading skipDay 0 Month day to skip trading startHour 9 Hour to start trading (GMT) endHour 15 Hour to end trading (GMT) maxSpread 2 Maximum spread (pips) rsiValueLower 25 LONG position condition rsiValueUpper 75 SHORT position condition adjustProfitLoss -25000 P/L required to adjust take profit adjustTakeProfit 14 Adjusted take profit (pips) lastEquity 100000 Equity level before the last trade