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GTX Scalper

10 purchases per month

250 USD

Demo downloaded: 3 848

Published: 21 November 2023

Current version: 2.5

GTX Scalper

Name: GTX Scalper
Price: 250.00 USD
Rating: 4.5609756 (41 reviews)
Author: Vladimir Mametov

4.56

Experts
Vladimir Mametov
Version: 2.5
Updated: 17 July 2024
Activations: 15

Automated, highly accurate trading advisor for trading the EURUSD currency pair.

Signal: https://www.mql5.com/en/signals/2129200

Advantages:

The advisor uses an intelligent system for closing unprofitable orders.
There is a news filter and a trading time filter.
It is possible to test the news filter in the tester (to do this, contact me and I will send you the news file required for testing).

Requirements:

Trading pair: EURUSD
Working timeframe: 1H
Minimum deposit: $100
Leverage: preferably 1:100 or more
Trading conditions: preferably ECN accounts with low spreads.

Inputs:

Trade settings

Magic Number=375 - Unique number of the advisor's orders.
Slippage=3 - Maximum slippage filter when opening an order.
MaxSpread=0 - Maximum spread filter, use if necessary.
Comment="GTX" - Comments on the EA's orders.
Lot Type=AutoLot - Selection of lot type, automatic or fixed.
Lot size/percent Lot=0.2 - Auto lot size, recommended maximum value is 0.2 for a leverage of 1:500, 0.15 for a leverage of 1:300, 0.07 for a leverage of 1:100 and no more than 0.02 for a leverage of 1:30.
Take Profit=0 - Take profit is not used by default, but you can use it if necessary.
TrailingStop=22 - The size of the trailing stop, increasing the parameter is undesirable, sometimes it is even desirable to reduce it to 19 if an ECN account is not used.
Stop Loss=0 - Not used by default, since the loss is controlled by the maximum drawdown. But if necessary it can be used. It is recommended to bet at least 700 points.
Max DD,%=0 - Must be set based on test results. Test the advisor in the tester and determine the maximum drawdown, then set the desired drawdown 3-10% higher than the measured one. If you need to reduce the drawdown, this can be done by reducing the autolot value. For advisors working for brokers with a low spread and an auto lot of 0.2, the average drawdown is about 35%.
Trading Time="00:00-23:59" - Set the desired trading time.
Trade on Friday=true - If necessary, you can limit the work of the adviser on Friday.

News filter settings

Use News filter=false - Enable and disable the news filter.
Medium Impact News=true - Enable or disable the average news filter. When using a filter, it is advisable to activate this option, since the influence of average news is greater than that of important ones.
High Impact News=true - Enable or disable the important news filter.
Pause before News, minutes=35 - A pause before News . Since the advisor opens orders when a new candle opens, a pause of 35 minutes is sufficient.
Pause after News, minutes=35 - A break in opening orders after news.
Draw lines on the chart=true - Enabling or disabling the display of news on the chart.
Close orders before news=false - Activation of the function of closing orders before news. Using this parameter is not recommended because it does not give good results during testing.

Visual settings

ColorScheme=true;
ShowPanel=true;
Panel size=12;
Text size=11;

Closing unprofitable orders.

To close unprofitable orders, the advisor uses 1 or 2 additional orders with a size 2.5 times larger than the previous orders. Additional orders are opened when a signal about a trend change appears, and their opening is not tied to the distance. Therefore, you need to use the recommended lot size for your leverage. With a leverage of 1:500 and an auto lot of 0.15, the advisor can withstand drawdowns of up to 3000 points or more.

more...

Antonio Siqueira, 2024.07.03 22:05 #

Hi Vladimir. I purchased the GTX Scalper advisor, but I'm having trouble adapting to it. I really liked the advisors Tubo TS and Halcyon. As the price of these is half that of the GTX Scalper, is it possible to exchange it for the Turbo TS and Halcyon? Thanks

105

Markus Kohlroser 2024.04.26 18:29 #

Great scalping system, thank you Mr. Mametov. For those thinking about purchasing this EA, it is a solid and profitable one, I personally ran a lot of backtests and have it running in my real account. But be aware of the risks, choose wisely the risk percentage. I know it runs better on EURUSD, but I keep it running AUDUSD a NZDUSD, with good results.

242

Too Chee Ng 2024.04.23 23:08 #

Tested for two months; and I have consistent profitable results. Thank you very much. I think there is posibility that this EA might work on other currency pairs or instrument too.

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Darwin SWING Launch price 999 USD , future price 1490 USD DESCRIPTIONS: -- To understand how it works, come read the blog (This EA reflects my philosophy of forex trading...If you like the way I look at it, then you will like my EA. Take the time to do it! (Forex is not a race): https://www.mql5.com/en/blogs/post/745790 -- To see the past performance here are the links of the signals Live and demo signals: https://www.mql5.com/en/users/tradedeal/seller EXPLANATION: After t

999 USD

Automated, highly accurate trading advisor for trading the EURUSD currency pair. The advisor can work in two modes. In the first option, the advisor opens a maximum of 1 order and all orders are closed by Take Profit, Trailing or Stop Loss (recommended value 700 points). In the second option, the advisor closes unprofitable orders using one or two additional orders, and to limit the maximum loss, you can use the maximum drawdown parameter. The advisor has 17 strategies and all strategy paramet

250 USD

Fully automated scalping trading advisor consisting of 5 strategies. The advisor is designed for trading the EURUSD currency pair. Orders are closed using trailing or stop loss. The adviser does not have input parameters for generating input signals, this means that the parameters of the adviser were not selected taking into account the existing history of quotes and in the future the adviser will be able to show the same profitability as in history. The advisor shows good performance in differe

125 USD

Automated, highly accurate trading advisor for trading the EURUSD currency pair. Signal: https://www.mql5.com/en/signals/2129200 Requirements: Trading pair: EURUSD Working timeframe: 1H Minimum deposit: $100 Leverage: preferably 1:100 or more Trading conditions: preferably ECN accounts with low spreads. Inputs: Trade settings Magic Number=375 - Unique number of the advisor's orders. Slippage=3 - Maximum slippage filter when opening an order. MaxSpread=0 - Maximum spread filter, use if neces

250 USD

125 USD

The indicator automatically plots significant trend lines and displays buy and sell signals. Signals are generated for reflection and breakdown from support and resistance lines. When a signal appears, the indicator displays it as an arrow of the specified color and also sends the message type specified in the input parameters. In the indicator settings, you can set the signal type, the maximum distance to the trend line, the type of notifications, as well as the settings for lines and arr

30 USD

The Expert Advisor is designed to protect the account, fix profit (loss) and display current information about the account. Trading account protection is carried out by closing all open orders in the terminal and/or closing all charts. When running the Expert Advisor with default parameters, it will only display your account information and will be reduced in size. Next, you can set the conditions under which your trading account will be protected. Profit and loss limits can be set for daily pro

55 USD

30 USD

Filter:

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Ronald Hoard 2024.07.14 20:07 #

This EA is yet another example of either a Martingale, hedge, Dollar Cost Averaging, or Grid system, that initially may do quite well during a ranging market. However, they fail badly when the market starts trending. Beware and avoid such EAs at all times.

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Reply from developer Vladimir Mametov 2024.07.14 20:28 #

The advisor can open 1 or 2 averaging orders, which can be configured in the input parameters, and this function can also be disabled. To limit losses, the maximum drawdown parameter is used.
Expert Advisors that work using TP and SL work well only in the tester.

giuseppe1980 2024.07.04 12:34 #

THIS EA IS REALLY SHORT AND VERY DANGEROUS. IT EXPOSES YOU TO A SIGNIFICANT DD%, ESPECIALLY WHEN YOU OPEN SEVERAL POSITIONS AT THE SAME TIME. ACCOUNT CLEARED IN A FEW WEEKS.

Antonio Siqueira, 2024.07.03 22:05 #

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Sergey Andronov 2024.06.24 18:45 #

Sincere words of respect and admiration to Vladimir! His System is one of the rare instances that really works with a good profit and has shown stability in tests over the last 4 years. I recommend that you still look for optimal risk indicators that are right for you

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Markus Kohlroser 2024.04.26 18:29 #

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Too Chee Ng 2024.04.23 23:08 #

Tested for two months; and I have consistent profitable results. Thank you very much. I think there is posibility that this EA might work on other currency pairs or instrument too.

Edoardo Amato 2024.04.19 20:55 #

Dopo un mese di utilizzo posso dire che l'EA lavora bene. Ci sono stati due momenti di Drawdown importante. Consiglio di usare un volume fisso e con un rischio basso e di provare il prodotto nel tester al fine di escludere alcune strategie per limitare il rischio. Vediamo come prosegue.

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Reply from developer Vladimir Mametov 2024.06.25 23:39 #

In the latest version, I redesigned the system for opening additional orders and now they are opened more accurately. Also, to reduce drawdowns, you can set the first multiplier to 2 instead of 2.5 and the second multiplier to 1.5 instead of 2.5.

Yuta Komura 2024.04.02 12:14 #

I purchased it on March 5, 2024. I suffered significant losses due to a drawdown on March 21, 2024. It seems to have been improved in version 2.0. In the backtest, the drawdown on that day appears to have been reduced. Personally, I will stop using it.

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Lorenzo Albanese 2024.03.26 09:19 #

Very good EA, one of the few profitable scalpers. I’m running it with a low risk profile, only 0.02 auto risk with a 5% drawdown limit, and that can withstand very big drawdowns. People telling they loose money, simply don’t understand how trading works, you can’t be profitable all the times, especially if you use crazy high risk. It’s great that Vladimir made the strategies available like with Golden System, but still it would be awesome to backtest before 2020, because personally I’m looking for a stable long term plan.

bvan004 2024.03.22 18:20 #

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Justin The Trader 2024.03.22 12:51 #

Today i stoped using this advisor too with gold system, it suppos to open only one averaging trade, in my case with 3 different brokers zero spread accounts, opened 3 trades, and the 3rd trade was insane lot size, 3 times the first normal lot size, be careful, im not sure if is a bug in the last version but already blowed again some accounts

Update: Hi Vlad, i didnt close it my selft was a margin call, i was sleeping at that time!

Update 04-04-24: Again another Big DD in diff brokers except Admiral Markets that is very similar to Roboforex, using default settings not big lot size in the settings, hope that this time doesnt blow the account

The trades closed in low profits respectively the Risk and DD that had. In my case ill stop using the EA, is very stressfull have this kind of DD more frequently. i can deny that the author is gentlement, but the EAs need improvements.

Update 10-04-24: i just wanna warn some people because the seller delete the Golden System for many bad comments, and resell again in a diff link without any comment, be carefull, the EA can became stable but some people like me lost a lot of money with Golden System

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Reply from developer Vladimir Mametov 2024.06.05 22:09 #

To close unprofitable orders, the advisor opens 1 or maximum 2 additional orders with a size 1.5 times larger. In most cases, only one order is enough. Additional orders are not opened by distance, but are opened when there is a signal for a trend reversal. With a recommended auto lot of 0.15 and a leverage of 1:500, the advisor can withstand drawdowns of up to 3000 points. You had a drawdown of 500 to 700 points and orders were closed due to lack of margin. Some users' orders were closed because they had an auto lot of 0.4, 0.5 or more.

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Matthias Grath 2024.03.22 08:53 #

I use the GTX scalper for several weeks now. When it opens a position it has a high probability to close it in profit directly. But it is NOT as advertised an "No Grid and no martingale" EA! When GTX was wrong it opens additional "averaging" positions to get back in profit. The first average is 3 times bigger and the second average is 9 times bigger than the openning position. These can dramatically increase possible drawdowns! If GTX opens a new position or not might be highly dependent on broker, settings, account value and other stuff. I use GTX on two brokers on 4 accounts. Sometimes, some accounts do open a position while others do not. In this "minority" situations, it was mostly a bad decision of GTX creating huge drawdowns. To avoid a potential loss of the whole account you must set the "max Draddown" value in the settings. It is disabled (value 0.0) by default. From backtests I have set them to 150 times of the lot size value (for 0,1 Lot Size if have 15% max DD), but this maxDD has already been reached once. Summary: Yes, GTX has a high rate of profitable trades, but when wrong the loss is huge or even critical.

Edit: The description for GTX has been improved (explanation of average trades) so my rating has been corrected

Humble_learner 2024.03.18 23:17 #

I have positive results from this EA. Vladimir is supportive and quick to respond to the enquiries.

79439311 2024.03.15 19:17 #

purchased EA today loaded on VPS ready to go will report back in 3 mths

hochland 2024.03.10 12:06 #

4 weeks on live Account, 100% wins, never seen anything like this. 4 weeks 19% profit. The publisher is fast to respond on any questions, and settings. Follow hes instructions, and you will be more likely to have success. 5 stars isn’t enough but it’s what I can give A solid EA to buy

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MIKHAIL VINOGRADOV 2024.03.07 18:56 #

Лучший советник! Используем на торговой площадке https://t.me/invest_trust_robot

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The best advisor! We use it on the trading platform https://t.me/invest_trust_robot

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Mikhail Golubev 2024.03.07 13:00 #

Очень хороший советник! Стоит на реале, очень доволен! Реальный сигнал, поддержка отличная! Рекомендую! Владимир, спасибо за Вашу работу и помощь!

Alex ZedFX 2024.03.04 23:34 #

5 Star for being an awesome EA, seems very good for big accounts, if you have very low risk or big capital i think it cannot lose ever ^^

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Jekil 2024.03.04 14:34 #

I don't know for moment if the EA is good, i will write an update later but Vladimir is responsive with his support.

So 5 star for moment for that

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JCJ 2024.02.29 03:03 #

Very good EA and built in recovery ability, patience required on frequency of trades, back testing matching live results.

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Version 2.5 2024.07.17

- the function of opening additional orders has been improved, incl. added the ability to change their number.
- added a parameter for closing orders at the opening price 7 bars after opening if the order was not closed at profit.

Version 2.3 2024.06.23

Comments to orders have been improved.

Version 2.2 2024.06.21

Added strategy number to order comments.

Version 2.0 2024.04.01

The system for closing unprofitable orders has been improved. This will enable the advisor to work more stably and with much smaller drawdowns.

Version 1.59 2024.03.24

Added the ability to change input parameters of strategies.

Version 1.58 2024.03.20

The algorithm has been improved so that when working online the advisor does not miss opening orders.

Version 1.57 2024.03.04

Added the ability to open orders only for buy or only for sell. And the trailing stop parameter has been added.

Version 1.55 2024.02.20

The number of attempts to open an order when a signal appears has been increased.

Version 1.54 2024.02.20

The number of attempts to open an order when a signal appears has been increased.

Version 1.53 2024.01.14

The order opening algorithm has been updated.

Version 1.52 2024.01.13

The order opening algorithm has been updated.

Version 1.50 2024.01.13

Improved drawdown recovery system

Version 1.40 2024.01.01

New strategies have been added, trading signals have increased by 10%.

Version 1.23 2023.12.28

Added the ability to change the panel size and font size.

Version 1.22 2023.11.30

New strategy added.

Version 1.21 2023.11.27

Changed input parameters

Version 1.2 2023.11.27

Changed input parameters

Version 1.1 2023.11.27

The algorithm for opening orders has been improved, this has made it possible to increase the number of opened orders.