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MAD Scalper Expert Advisor

MAD - Moving Average Distance

The MAD Scalper Expert Advisor uses ATR and the distance to a moving average to determine if price has the potential for reversion (mean reversion). Trades are closed when price returns to mean (moving average) + buffer. We use ATR as our MA_Buffer.

MAD includes an averaging feature. The range is determined by ATR and the RangeMultiplier. The higher the RangeMultiplier the further apart the averaging trades will be.

Works on all time frames and pairs.


Suggestions:

 It works best on the least volatile pairs (EURUSD, AUDCHF, AUDNZD, EURCHF, EURGBP, NZDCHF, NZDJPY). I prefer lower time frames with a smaller MA period (15M time frame, 50 MA). This allows the MA to catch up quicker in major trends and avoid catastrophe before MaxPairLoss kicks in. 

No EA should be left alone. Human intervention is a must. Turn this off during major news events. 


Settings:

MagicNumber: Magic Number used for orders

ATR_Multiplier: Multiplier of ATR for the calculation.
MA_Period: Moving Average Period to use (EMA).
MIN_RSI: Will not enter buy unless RSI is below the MIN_RSI
MAX_RSI: Will not enter sell unless RSI is above the MAX_RSI
UseMABuffer: Don't use MA Buffer to close trades (Buffer = ATR)

UseAveraging: Turns on the averaging feature
UseLotSizeAdd: Increment lot size option
RangeMultiplier: Used to calculate the distance between averaging trades.
MinRange: If the calculated Range is below MinRange then Range will be set to MinRange
MaxOpen: Max orders that will open.
ClosePercent: Percentage of account balance to close averaging trades in profit.

Lot_Size: Starting Lot Size
MaxPairLoss: Percentage of account balance to close all pair trades.
MaxSpread: Max Spread

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This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
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Gregory Hay
4.5 (4)
Experts
Welcome to   GoldExcel EA , an effective trader for the XAUUSD pair (GOLD). Developed by our team to work in normal accounts, funded prop accounts and prop challenges! Does not use HFT! See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller **V3.0 Update Read Blog :  https://www.mql5.com/en/blogs/post/756411 ***IMPORTANT ANNOUNCEMENT DST TIME CHANGES - USERS PLEASE READ****:   https://www.mql5.com/en/market/product/111410?source=Site#!tab=comments&page=2 ***Next price ri
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ET9 New on the Market, Launch promo! Only a few copies left at: $599 Next price: $799 Final price: $1599 The Best  Expert Advisor  on   XAUUSD   any timeframes , It can also be used on GBPUSD at the same time！ ET9  for MT4 Updated 4.20 !!   Important update:    Enable automatic closing of profits,  Various parameters of the ET1 strategy can be modified,   Optimized the stability of ET1 strategy Include Free  ET1 for MT4:  https://www.mql5.com/en/market/product/113219 Descriptions ET9 for MT4
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Profalgo Limited
4.67 (3)
Experts
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Denis Kurnev
5 (1)
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AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
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Aleksandr Chebotaev
Experts
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Sugianto
5 (13)
Experts
SouthEast is an expert advisor developed from my experience in manual trading that has been automated. SouthEast is specifically designed to generate maximum profits with small deposits by prioritizing the security of your funds. Why SouthEast? SouthEast does not require complicated settings and is easy to use because user only need to upload a set file that is already available. Currently there are set files for 20 fx pairs. The best GRID EA with the ability to control risks. I will share
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Guillaume Duportal
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Experts
Darwin EVOLUTION promotion !! 1490 USD to 990 USD Limited time (Offer valid up to arrival of the next update, do not waste time ) !!! You can not make Backtest of this EA, because MT4 does not handle the simultaneous multi-pairs. Darwin needs the 28 pairs for the calculation of the indicators !! Descriptions: - To understand the operation, come and read the blog (this EA reflects my philosophy of forex trading ... If you like my way to see things, then you will like my EA. Take the
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Version 2.0 2019.01.15
Added UseMABuffer
Version 1.9 2019.01.14
Added MinRange