DAILY CANDLE SCALPER is a multicurrencies EA designed to catch the elastic properties of some currency pairs in the forex market. Based on a solid and advanced grid approach with a lot size increaser, based on last 5 years markets behavior and programmed by professional coders, this bot will trade selected pairs stictly following the main trend. This is not a popular grid EA, particular conditions ON DAILY CHART need to be verified before starting to trade. Why daily chart? For more stable and reliable signals, small timeframes can give a large number of fake entry points.
Product page: click here
LIVE PERFORMANCE MONITORING AND BACKTEST: MQL5 live signals: click here MyFXBook (copy and past link to your browser and delete * characters): htt*ps://*www.myfxbook.*com/members/SirSasi/daily-candle-scalper/9670080 Click here to download set file in use in signals Backtest: Use this set file, same applied to signals but with news filter disabled (it cannot be used in becktest): click here to download
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Before buy: backtest results can never guarantee same results in the future. Trading is a risky activity, be sure you know the risks involved before invest your money. Trading with this expert advisor involves a high degree of risk and can result in a large sums of money, including the entire paid-up capital and you should always invest an amount you can afford to lose. |
Telegram group: if you buy, send me your Telegram name to add you in the channel |
Recommended:
- Pairs: EURUSD,USDJPY,AUDCHF,GBPNZD,NZDCAD,EURAUD,NZDCHF,EURGBP but you can use custom strategy settings mode to find your best pairs and set
- Broker: any ECN account with low spread and low commissions. My best: ForexChief, IC Markets, Roboforex and VantageFX
- Optimal execution: for best performance, run on a dedicated account on a PC/VPS with low latency to broker server
- Important: expert works analyzing ticks, run backtet in "Every tick based on real ticks" mode
- Minimum deposit 1000 - recommended leverage 1:500
Features:
- Multicurrencies EA: attach on only one chart (EURUSD D1) to trade all specified symbols
- Auto settings mode for recommended pairs or customable settings mode for a full personilized EA
- Solidity of stategy given by DAILY CHART strategy conditions - no small timeframes = no approximate signals
- 5 years solid backtest and live account performance tested on 4 different brokers
- Advanced news filter for low, medium, high and NFP impact
- Time, Friday and holidays filter
- Easy to use: simple and clear settings
- The EA must be attached to only EURUSD daily chart
- If your broker use prefix or suffix add it to pairs. Example, is suffix is .r selected symbols field will be: EURUSD.r,GBPNZD.r,AUDCHF.r,USDJPY.r,NZDCAD.r,EURAUD.r,NZDCHF.r,EURGBP.r
- Allow web requests in MT5 settings to the following URL to activate news filter: https://ec.forexprostools.com
Expert Settings:
General configuration
- Set trades comment - comment for trades
- Symbols Option - Chose if trade the current chart or symbols specified in the list
- Selected Symbols - pairs you want to trade separated by comma, prefix and suffix are automatically recognized
- Automatic or custom strategy settings mode - use automatic strategy setting or customize every single parameter
- Order identifier / MAGIC NUMBER - Set magic number for your trades
- Max spread / IN POINTS - Set the max spread allowed to trade, in POINTS
- Stop loss / IN PIPS - Set your SL, in PIPS
- Equity stop loss in percentage - expert will close all positions if losing this value in percentage of the balance
- Profit target for single trade - profit in pips for a single trade
- Profit target for multiple trades - profit in pips if multiple trades
- Max open trades - The max number of trades the expert will oper for each pairs
Money Management
- Lot size /FIXED or AUTO - Choose if your size will be fixed or auto based on your balance
- Initial fixed size / ONLY IF MM = FIXED - Set size for first trade if your money management type is fixed
- Balance for 1 lot size / ONLY IF MM = AUTO - Set balance needed for 1 lot size. If you set 100000 and your balance is 1000 size will be 0.01 and so on
- Use incremental size - size of trades will be incremented by the first trade size or by a custom size
- Incremental size method - method to increase initial lot size. Can be increased by the first trade size, by a custom size or by a multiplier
- Increase by size - lot size will be increased of this value if Incremental size method is ByPersonalSize
- Size multiplier - lot size will be multiplies of this value if Incremental size method is ByMultiplier
Holidays, Friday and time filter
- Skip holidays period (23 Dic/08 Jan) - Stop trading during holidays period
- Trade on Friday - Allow trading on friday, true or false
- Use time filter / BROKER TIME - no trade will be opened outside the time interval, true to activate, false to deactivate. Based on broker server time
- From hour - hour of interval start
- To hour - hour of interval end
RSI settings - Only for custom settings mode
- RSI timeframe - Choose the TF to use for RSI indicator
- RSI period - Set RSI period
- RSI Os/Ob level - oversold and overbought RSI levels. Oversold = this value, Overbought = 100 - this value
Trend filter settings - Only for custom settings mode
- Trend timeframe - set timeframe to estabilish main trend
- Moving average period - set period of moving average main trend
- Distance between trades - set minimum distance in pips before next trade
News events filter settings
- GMT broker server time zone - set gmt time of your broker
- Enable low impact news - true to activate false to deactivate
- Pause before low impact news (minutes) - trading will stop this number of minutes before news
- Pause after low impact news (minutes) - trading will stop this number of minutes after news
- Enable medium impact news - true to activate false to deactivate
- Pause before medium impact news (minutes) - trading will stop this number of minutes before news
- Pause after medium impact news (minutes) - trading will stop this number of minutes after news
- Enable high impact news - true to activate false to deactivate
- Pause before high impact news (minutes) - trading will stop this number of minutes before news
- Pause after high impact news (minutes) - trading will stop this number of minutes after news
- Enable NFP impact news - true to activate false to deactivate
- Pause before NFP impact news (minutes) - trading will stop this number of minutes before news
- Pause after NFP impact news (minutes) - trading will stop this number of minutes after news
Before buy: backtest results can never guarantee same results in the future. Trading is a risky activity, be sure you know the risks involved before invest your money. Trading with this expert advisor involves a high degree of risk and can result in a large sums of money, including the entire paid-up capital and you should always invest an amount you can afford to lose. |