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Damascus Dagger

This Expert Advisor uses scalping as its main strategy based on a statistical model called Bollinger Band. It embedded with two exit market strategies called 1st and 2nd dagger. The 1st dagger exits on the mid line of the band and the 2nd dagger exits by trailing until the maximum profit. It is recommended to use both strategies to lower the risk since it would split the lot into half for each dagger.

Recommended: M5/M15, EURAUD/GBPAUD, ECN account

Please add the news link (http://ec.forexprostools.com) on Expert Advisor tab.


Parameters

  • Magic Number - order identity
  • Lot Size - fixed lot, use 0 for auto lot
  • Auto Lot Size % - risk as a percentage of account balance
  • TP - take profit value in pips
  • SL - stop loss value in pips
  • Min Profit - only take profit after some dollar amount (for 1st dagger)
  • TSL Start - trailing stop loss in pips (for 2nd dagger)
  • TSL Distance - trailing distance in pips (for 2nd dagger)
  • Dagger Mode - choose to use 1st or 2nd or both strategies
    • Dual Wielding - both strategies
    • Only 1st Dagger - TP if hitting the mid line
    • Only 2nd Dagger - TP through trailing
  • Auto SL - in-built stop loss strategy (for 1st dagger)
  • Auto TP - in-built take profit strategy (for both daggers)
  • Auto TSL - in-built trailing stop loss strategy (for 2nd dagger)
  • Max Spread - maximum acceptable spread in pips on trade
  • Max Slippage - maximum acceptable slippage in pips on trade
  • Pause for x mins if SL - pause if recent (in mins) loss trades found
  • Start Time - time to start trading, please ignore the date
  • End Time - time to stop trading, please ignore the date
  • Close Time - time to close all trades, please ignore the date
  • Close All on Close Time - allow close all if time is met
  • Trade Xxxday - allow trading for those days
  • GMT Offset - the GMT offset for news filter only
  • News Source - choice of the news source
  • Low/Mid/High/Non-Farm Importance - switch for filter those news or not
  • Low/Mid/High/Non-Farm (Pause x mins before/after) - control for pausing time during news
  • Draw News Lines - switch if drawing vertical news lines on chart
  • Show Panel - show the basic information on the current status
  • Show Debug Info - show information for developer/debug
  • Enable Logging - show logs for debug
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This Expert Advisor trades on the active market. The robot virtually analyzes the chart setting two levels at a specified distance from the price. Upon expiration of 5-15 seconds (set in the parameters), the levels are re-set. As soon as the price starts moving very fast and breaks through one of the levels, a buy or a sell order is placed at once depending on what level has been broken (upper one - buy, lower one - sell). The EA has a strict stop loss (if the bar the order has been opened at is
Digital Bee
Aleh Rabtsau
The EA works on the Envelopes indicator. When the price exits the channel and returns, orders are opened and then closed at the intersection of the maximum and minimum lines of the indicator. The EA uses two take profits, stop loss, auto lot and other settings that allow you to customize the robot to your needs. We recommend a deposit of 50 USD on a cent account, currency pair GBPUSD, leverage at least 1:500, timeframe H1 (or higher). The EA is able to work on any currency pairs, as well as on s
With the Multiday Overlay Strategy EA you can trade in parallel all major/minor/cross pairs in Forex. This EA is rather unique, as it is capable to "follow the market", this means: no optimization is needed; the same set of input parameters is good for all pairs; you do not need to change the input parameters even if market conditions change. This 3 features mean that the EA is not "manually adapted" to a specific pair in a specific timeframe, as it normally happens when you optimize a pair with
Price Action EA V3
Mehmet Haluk Tunc
Price Action EA for scalping. Open trades by bar height when bar height meet complex math calculations. Timerame is fundamentally M1 and works all forex symbols. Percentage trailing system. Time limitation. Autolot by percentage of balance. Settings by ea automatically. Close safety by time in minutes and close your order after x minute even if it is not in profit or loss by you. Set stoploss and takeprofit values automatically market price. Every major settings can be set automatically by robo
Night scalper based on the Quiet Market indicator. It does not use martingale, sets a tight stop loss for each order. Trade is performed in a calm market based on strong overbought and oversold levels. The EA has a lot of settings, which allows you to manage the strategy at your discretion. Recommended timeframe - H1, leverage - 1:100, initial - 20 USD and more. It is advisable to disable the EA during high-impact news releases. To stop trading, simply press the PAUSE button. The robot uses a vi
CSM System
Michal Milko
The CSM System is currently fully automated with all the special features and functions, controlled and regularly monitored. Its evolution, parameters and the individual algorithms are professionally evaluated and optimized by experienced development group of programmers who are developing new updated versions of system. Unlike the other systems, we focused to create the system where the backtesting successful results matching the real life situation. Our core lies in identification of these bi
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Edward Febbraio
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Edward Febbraio 2018.06.25 08:42 
 

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Andy_Ho
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Andy_Ho 2018.05.22 17:47 
 

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Hiu Fung Gilbert Lo
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Hiu Fung Gilbert Lo 2018.04.22 13:38 
 

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Version 2.0 2018.04.19
- Added Manual Trailing if DynamicTSL is false
- Added Close Basket Time
- Added News Filter (http://ec.forexprostools.com)
- Added Logging Switch