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AIScalp

1 999 USD

Demo downloaded: 18

Published: 20 February 2024

Current version: 1.20

AIScalp

Experts
Stefan Winter
Version: 1.20
Updated: 5 June 2024
Activations: 5

This expert advisor employs a combination of technical indicators, candlestick patterns, and statistical analysis to accurately identify trends in the market.

Transitioning beyond mere Expert Advisor (EA), this advanced system embodies the capabilities of Artificial Intelligence (AI). AIScalp demonstrates exceptional performance, especially with market indices such as the Nasdaq 100, and boasts extensive optimization potential with its adjustable parameters. The backtesting results depicted in the screenshots showcase its effectiveness, specifically tested with the Nasdaq-100.

With only four parameters to configure, it's evident that the EA operates autonomously, handling all necessary tasks effortlessly.

Description of the parameters:

StopAfterProfit ... Stop trading day after profit
Lots ... number of contracts
StopLoss ... StopLoss in points (4000 = 40 EUR for the Nasdaq)
Starting Hour ... Start of trading for the AIScalp

The lots don't have an impact for the success of the EA, but dealing with the other parameters can bring such a result, as shown in the screenshots.

Set the starting time to the offical opening time of the concerning market e.g. 15:30 MEZ for USA. Take care of the StopLoss. A too small value will often stop you out, a too big value will result in bigger drawdowns, in case the "take profit" cannot be reached.

Let the AIScalp run on a separate account, because the trading history has an impact to the behavior of the EA.

Example Nasdaq-100:

StopAfterProfit = YES
Lots = 2.0
StopLoss = 4000
Starting Hour = 16
Leverage 30

Example GOLD (last two screenshots):

StopAfterProfit = YES
Lots = 0.2
StopLoss = 3000
Starting Hour = 8
Leverage 30

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Version 1.20 2024.06.05

Removed lots calculation. Now talking the entered value directly.