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Scalper Forex Expert

PRESENTATION

This EA uses several non-directional strategies that allows it to generate profits regardless of price trends.

It manages a pool of positions ("session") in a totally autonomous way

To avoid risks related to this strategy, several recovery functions have been implemented.

This makes it a reliable and secure EA, its DD remains low.


RECOVERY MODE

This EA is designed to run on several pairs simultaneously on an account.

When the DD of a session exceeds a defined value, all positions in that session are hedged and EA starts a new session, a BiDirectional grid or a hedged grid can be used as well as a recovery function. Their gains will be used to reduce the initial positions. 

These Recovery modes allow you to secure your account, critical positions are frozen until the situation returns to normal.


DASHBOARD

Several graphical functions allow you to increase the profitability of this EA, for example, instead of an automatic hedging, you would like to cover a session when a resistance or support is broken, these features allow you to do so.

*** This mode is optional, this EA is designed to be fully autonomous ***


STATISTIQUES

The evolution of each pair can be viewed via the statistics module.


RISK FACTOR

As you can see from the graphs below, profits increase linearly with volume, which makes sense. Unfortunately, the DD also grows linearly with volume.

Then, we see that beyond an initial volume of 0.05 lots for a 10K account, trading becomes very risky.

So we will only trade in this security zone.

An account with a leverage of 200 to 300 is to be prefered.


PARAMETERS


General :

  • Magic Number
  • EA Identifier
  • Max sessions: maximum number of sessions
  • Time Frame - Default trading timeframe : M10
Positions Management
  • Initial Volume - Initial Volume of each session
  • First Take Profit: Take Profit of the first position (low volume)
  • Take Profit (ticks) : Take Profit of the sessions
  • StopLoss (ticks) if the max number of martingale levels is reached
  • Close half of the positions at break even
  • Timeout between 2 orders (candle)

Recovery

  • Max Draw Down before hedging a session (% account): if the draw down exceeds this value, the EA hedges the session and reduces progressively its size,
  • Unbalanced hedging coefficient: the EA hedges the position + 'x' % to be in the right direction

Grid Recovery Strategy

  • Allow Grid recovery strategy
  • Force Grid Direction
  • Grid volume
  • Leg of the grid
  • Grid Take Profit (ticks)
  • Use Dynamic TP : instead of using a TP placed on the next pending order, the EA will close the positions during trend reversals.

Martingale

  • Martingale, maximum number of levels (Disable:0)
  • Martingale Leg
  • Martingale coefficient

Miscellaneous

  • Max allowed price deviation (Points)
  • Order Filling Mode
  • Asynchronous mode - for quicker trading


NEWS

This EA does not use news to trade, it is only available for information purposes.

To enable automatic downloads, you must “Allow WebRequests” for following URL: “https://nfs.faireconomy.media/ff_calendar_thisweek.xml” (Menu: Options / Expert Advisors / Allow WebRequest for listed URL).


OPTIMISATION

This EA does not need regular optimization, just set the best Martingale and Grid leg for each currency (do not use a leg too low - minimum value: between 100 and 150) and the coefficient of the martingale (be careful, with a value too low, the EA will have difficulty closing positions, a value too high risk of increasing the DD).

Timeframe: you can use a TF between 5 and 15 minutes (or larger), the smaller the TF, the greater the profits and risks. A value of 10mn is a good compromise.

Multi sessions mode: the number of sessions should be based on the size of your account, do not use too much sessions on small accounts.

Recovery mode: the default value (10) secures your account.

For a 5k account, you can use 2 or 3 currencies and a session number of 3 with an initial volume of 0.02.

For a 10k account, you can use 4 currencies, still a maximum session of 3 and an initial volume of 0.03.

This EA is not suitable for very small accounts, use at least 1 or 2K per currency.


For optimization reasons, the dashboard does not appear in the strategy tester.

Happy trading



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Kaufen Sie keinen Backtest, sondern ein echtes Handelssystem:     Live Signal Dieser Preis ist für die Dauer der Aktion befristet und wird in Kürze erhöht Zum aktuellen Preis sind nur noch wenige Exemplare verfügbar, der nächste Preis liegt bei -->> 497 $ Welcome to the GoldMind AI Hey, I'm GoldMind AI! Dies ist der erste intelligenteste Roboter, der Gold oder XAUUSD handelt, als Light-Version von GoldPulse AI mit verschiedenen zukünftigen Updates und überraschenden Funktionen. Ich über
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Ho Tuan Thang
4.67 (27)
Experten
ONLY 2 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - No Martingale, No Grid - The order is always protected by Stoploss - EA is using in-bu
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Babak Alamdar
4.89 (27)
Experten
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Sang Sariaji Sakti
5 (2)
Experten
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Chen Jia Qi
4.53 (75)
Experten
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Enrique Enguix
4.45 (11)
Experten
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Stanislav Tomilov
4.83 (35)
Experten
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Bogdan Ion Puscasu
4.84 (19)
Experten
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Experten
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Experten
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Lo Thi Mai Loan
5 (9)
Experten
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Marco Solito
5 (51)
Experten
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
Gold Excel MT5
Gregory Hay
4.85 (20)
Experten
Willkommen zu       GoldExcel EA MT5-Version   , gültige Trades für das Währungspaar XAUUSD (GOLD) für den Tag. Von unserem Team für die Arbeit mit regulären Konten, gesponserten Konten und Aufgaben entwickelt. Nutzen Sie keinen Hochfrequenzhandel. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Der Anfangspreis erhöht sich alle paar Wochen. Jin Zhuo       Dies ist eine Daytrading-Strategie, bei der nur Goldpaare zum Einsatz kommen. Goldpaare sind aufgrund ihrer h
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Babak Alamdar
4.5 (6)
Experten
Diversifizieren Sie Ihren Handel mit neuen Instrumenten, Ihr Portfolio wird stärker    Live Signal Dieser Preis ist für die Dauer der Aktion befristet und wird in Kürze erhöht Endpreis: 5000 $ Zum aktuellen Preis sind nur noch wenige Exemplare verfügbar, der nächste Preis liegt bei -->> 745 $ Welcome to the SilverPulse AI Hey, I'm SilverPulse AI! Dies ist der erste intelligenteste Roboter, der Silber oder XAG mit vollständigen Paaren wie XAGUSD, XAGEUR und XAGAUD handelt! Ich überprüfe
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Stanislav Tomilov
5 (11)
Experten
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Thi Thu Ha Hoang
4.67 (24)
Experten
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Indikatoren
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4 (1)
Indikatoren
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BPASoftware Thai Co. Ltd
Indikatoren
Multi-Timeframe Chart Overlay Indicator The Timeframe Overlay indicator displays price action for multiple timeframes on a single chart, allowing you to quickly assess different timeframes from a single chart. The advantage is to observe and follow the correlations of price movements in real time to help you find potential trades at a glance. ---- Symbol 1 ---- Symbol                           = EURUSD Correlation Inverse         = false Display                           = true Ratio
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Version 1.43 2022.10.09
Fixed a bug in the session
Version 1.42 2022.09.16
Fix several bugs