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Flasher Scalper

4

Flasher Scalper is an auto-trading Expert Advisor for the Forex market. The EA is programmed with premium algorithms and unique scalper strategies. The EA continuously monitors the market and correlation of currency pairs to compare and find the best trading opportunities.

Flasher Scalper's trading strategy has Stop Loss, Take Profit, Trailing parameters available to manage risk and optimize performance. EA is suitable for accounts with small balances from 200 USD.

The EA has been optimized and is simple to use. Even if you have no experience, you can simply install the default.

Settings: 

 Suffix  not set if there are no extended characters in name (ex: EURUSD).
 If the pair name is in the form EURUSD.x : set Suffix .x
 Strategy  =  Conservative or Aggressive
 Max Spread      = 25 to 50 (Must be higher than the average spread of the currency pair)
 Fixed Lot  = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size)
 Auto Lot  = 2.0 to 5.0 (= 1 mean auto lot size = 1 lots per $1,000,000 balance, or 0.01 lots per $1,000 balance...)
 Take Profit  = 500 (points)
 Stop Loss  = 1000 (points)
 Trailing  = 8 (points)
 Time Start  = 01:30 (hour:minute)
 Time End
 = 22:30 (hour:minute)
 Magic Number  = your number 

* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).

* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.

Recommend:

Time frame: M5. Pairs: forex and gold pairs with low spreads. Use VPS with low latency (<20ms).

Use EA with ECN or Raw spread accounts and allow hedging. Min Balance: $ 200

Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line).

* Setting Strategy = Aggressive will analyze the correlated movements of 13 currency pairs to generate signals, so this setting usually has more signals and becomes more aggressive. Backtest cannot simulate the analysis of multiple currency pairs at the same time, so the backtest results of this setting do not include signals from multiple currency pairs.

Reviews 2
Mohamedshah
169
Mohamedshah 2024.01.29 12:29 
 

I have forward tested Flasher Scalper in the default settings on XAUUSD and found out that this EA does in fact performs reasonable enough, but not same as the back test results. On GBPUSD this EA performs quite well from my observation. However, there are EA's from the seller well optimized for XAUUSD which maybe far better. My suggestion is after you buy the EA, test this EA in a demo account and use it in a live account if you are satisfied.

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LIVE SIGNAL  BLOG-1 Welcome to Gold Trend Scalping LAUNCH PROMO:  The price will increase by $100 with every 10 purchases (8/10) Final price: $1993.99 Details about params Gold Trend Scalping is the first EA I designed specifically for gold.  The EA uses a following trend trading strategy based on larger time frames.  It employs a super trend to detect the main trend of the larger time frame and then opens trades on smaller time frames.  The EA always uses a fixed stop loss for each trade, set
Recovery Manager Pro MT4
Ianina Nadirova
5 (1)
Recovery Manager Pro is a system for recovering drawdowns from other advisors or from manually opened orders. RM Pro has the ability to automatically dynamically adjust. The trader needs to select the risk level and the advisor will work in fully automatic mode. Can work in drawdown recovery mode and standby mode! If another advisor generates a drawdown, RM Pro will disable it, lock the position and start the process of restoring the deposit using partial closures. In its trading, the advisor u
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Mohamedshah
169
Mohamedshah 2024.01.29 12:29 
 

I have forward tested Flasher Scalper in the default settings on XAUUSD and found out that this EA does in fact performs reasonable enough, but not same as the back test results. On GBPUSD this EA performs quite well from my observation. However, there are EA's from the seller well optimized for XAUUSD which maybe far better. My suggestion is after you buy the EA, test this EA in a demo account and use it in a live account if you are satisfied.

Jason Salomon Slabbers
215
Jason Salomon Slabbers 2024.01.03 09:38 
 

The backtests looks really promising on all suggested pairs. Now I started the EA on my live account, hopefully it performs the same as in testing.

Update: 08-01-2024: I'm testing live performance now and I will update this reviews if I have running this EA for a longer period.

Update: 16-01-2024: I've running this EA on a live account for some time now but it doesn't seem profitable and the results are not the same as in backtests.

Reply to review
Version 1.2 2023.12.21
Add setting Strategy = Conservative or Aggressive.
Version 1.1 2023.12.18
Algorithm optimization.