Basket Scalper EA

I will be looking into this as soon as possible.

Will buys and sells be considered as separate baskets? Or will both types of trades be considered in a single basket?

What might happen though is a scenario like this. Let's say the EA places 3 buy trades and price doesn't quite reach the TP. Then the market reverses down to the point where it can start placing sell trades. All the 3 buy trades are in negative now. Which means the market really has to move down for the sell trades to overtake the negative buy trades loss. You can either run out of margin this way. Or the market can get stuck in a range and neither side takes profit for a long time. Because of your strategy, even a large range would be enough for this EA to come to a stand still with profit never being reached for a long time.

With the settings you just said, I don't think there ever would be a basket though.

Also, since both buys and sells will be considered in a single basket, the range I mentioned doesn't have to be small. It could actually be a large range and the EA will come to a stand still because TP is never reached.

What if you added a max trade setting to limit the amount of trades. That would prevent it from adding too many trades which might blow an account. 

I wasn't so concerned about an account blowing, but rather the EA getting stuck without ever reaching profit.

If the tp was 5 pips and the step was 5 pips it would eventually get profit and close all trades in profit. 

If the TP is 5 and the step is 5 and if the intended modification is so trades are made as the price goes in favor of the trades, then as soon as a step is ever reached, the trade would hit TP. So there would never be a basket of trades. So it wouldn't be able to close "all" trades in profit since there would only ever be 1 trade open.

If it gets caught in a range maybe with a max trade of 3 or so would cut down on drawdown. 

The drawdown would get locked up though. Let's use my example. The EA makes 3 buy trades and before hitting TP, the market reverses down. Price then reaches the point where sell trades should start being placed. Price keeps going down some so that there are now 5 sell trades. So now there are 3 buy trades in a lot of loss and 5 sell trades in profit. The sell trades profit doesn't overcome the loss from the buy side. So all trades stay open. Then price reverses up again. As long as the price stays within this range (from the highest buy order to the lowest sell order) the EA will never able to close trades since profit will never be reached. The drawdown would also be confined to a certain range too.

Unless your max trades input can be used to sort of reset the EA and start over, I just don't think it will work. Or maybe I'm missing something about the strategy.

I think there should be a max trade setting where once the ea hits the max amount of trades it stops and waits for price to go x pips above or below the highest or lowest trade. So if it was set to 3 the ea will only ever place two sells in a row or two buys in a row or it will hit tp.

I'm not sure we are on the same page. You said "once the ea hits the max amount of trades it stops", but then your example said if it is set to 3 that it will stop after 2 trades (less than 3). So if the EA has only made 2 trades, it has not yet met the max trades.

Also, let's say the EA is using max trades and the buy side has reached the # and then price reverses down and the EA starts placing sell trades. The # of sell trades is hit too. So the EA cannot place any more trades until a TP is hit now. Well, there are 2 buys and 2 sells which means the profit/loss is locked up. The market can move a thousand pips and the EA would not be able close anything since profit would stay the same. So I am failing to see what a max trades input would solve.

The ea starts with a buy and sell open. So if max trades was at 3 it would either have 2 buys open and the sell or two sells and the buy. The max trades is counting both sides not just buys or sells.

Ok, I get what you mean now. 

If max trades is used though, what prevents draw down or even closeouts? Let's say the max trades is 3. Price goes up to place 2 more buy orders. Then the market reverses down. No sell trades can enter since max trades has been met already. The EA will either wait for the market to go back up, if it ever does, or it will keep going down until you are stopped out. Or the market will stay in a certain range and your EA will sit there doing nothing for a while.