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Anchor Scalper

Hi and welcome to Anchor Scalper !


The EA does not use martingale or grid. It only enters a trade with pending orders and uses a stop loss for each trade!

I learned this strategy from ForexSignals (Check them out on their youtube channel ForexSignals TV for this strategy and many more.) and decided to create an expert advisor on it.

https://www.youtube.com/watch?v=0hUJTsjYPcQ&t=504s

Before I go any further I want to mention that I'm not affiliated with the above mentioned channel or company.


This EA uses the Moving average indicator as an confirmation signal and as an "Anchor" on the H1 chart for a simple and clean scalping strategy.

"Anchor" refers to the correlation of signals between the  higher time frame and a lower one received from the indicator. A valid trade is executed only if the signals expressed are the same on both time frames.

To open an Sellstop pending order to occur, the price must be below the fast moving average and both of them below the slow MA in order for a sell trade to occur. For the Buystop  is exactly the opposite, Price > FastMA > SlowMA.

Recommendations of use

Time frame - M5, M15;

Account balance - Doesn't matter;

Currency pair -  Doesn't matter  ;


Anchor Scalper features

- Multiple user options

- Choose the active and the inactive trading hours (in hh:mm - format).

- Comes with a Dynamic StopLoss function that moves the stop loss automatically at break even when the first take profit is reached.

- Lot size can be manually set.

- Orders are automatically opened and closed by this EA based on the market and the MA indicator.

- This EA works on all time frames (I recommend using it on M15 and M5 ) and currency pairs.



A more detailed explanation of the strategy is found on the link provided to ForexSignals channel.


Anchor Scalper User Options


Restrict EA by time- True or False;

Start/Last operation hour- with dropdown list;

Dynamic StopLoss -Disable or Enable the Dynamic StopLoss function;

Lot size = 0.0; (Change this if you want to set the lot size manually, leave it at 0 and will set it automatically based on risk 2%);

Slow/Fast MA period

MA Method 

MA Price


Check the user options and change them to your preference, and remember to optimize in strategy tester

Thank you!


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Valeriia Mishchenko
4.34 (50)
Experten
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
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Aleksandr Chebotaev
5 (1)
Experten
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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Lo Thi Mai Loan
5 (5)
Experten
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Abu Talha Md Mahi Uddin
5 (4)
Experten
Buy One Get one Live again.. limited time offer  Best EuroUsd EA in the market...101$ to 1040$ (940%)  in 12 months ....with 21% drawdown.. For Last 1 year real time performance :  Click here PUBLIC GROUP CHAT : Click Here EA Strategy Take scalp Positions in Higher Time Frame Trend with safe Pips Distance/ Major Pair EurUsd Then you can also use :AudUsd/GbpUsd/NzdUsd Major & Safe TF is H1 / Minor & Aggressive TF is M1 Minimum Deposit is 100$ / Secured Deposit is 300$ For each 300$ you can ad
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Marco Solito
4.78 (60)
Experten
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4.2 (5)
Experten
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Profalgo Limited
5 (6)
Experten
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5 (7)
Experten
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Experten
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Version 1.23 2024.03.19
- Code optimization
Version 1.22 2021.09.20
Messages reports are now in english
Version 1.21 2021.09.20
Code clean up
Version 1.2 2021.09.20
Fixed the comment output and added the option to turn off time filter;
Version 1.1 2021.09.10
Code optimization;
Added the option to choose active and inactive trading hours;