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MyVolume Profile Scalper


MyVolume Profile Scalper EA is an advanced and  automated program designed to use the Volume Profile which is takes the total volume traded at a specific price level during the specified time period and divides the total volume into either up volume (trades that moved the price up) or down volume (trades that moved the price down) and then makes open order.

The core engine of this EA is using indicator Volume, Heiken Ashi, and ADX.

Additional filter using a customizable the Moving Average to make sure and follow the trend given by the Moving Average Indicator. This filter is optional, by default is TRUE (use this filter).

MyVolume Profile Scalper EA is scanning all time frames (D1, H4, H1, M30, M15, M5, M1) by Descending (big to small time frame) and makes order when the criteria is match, you can tracking the volume profile of the timeframe used for order. The time frames to scan is  customizable.

Features:

  • Lot Mode: Fixed Lot
  • Enable/Disable Martingale by set to 1 for martingale multiplier if you do not want martingale
  • Using Grid strategy. open a new order for loss position by distance (grid size / minimum grid) defined and maximum open order defined.  You can set max order to 1 if you want a single open/ONESHOT.
  • TP or SL Using Money Value. (By Default TP/SL is 0 due use trailing DD)
  • Select the time frame for calculating the Volume profile.
  • Moving Average filter Setup
  • Draw Down  Setup. Trailing your drawdown by Money or by Percentage.
  • MARGIN Level Check And Filter.
  • Trading time Filter
  • Some buttons on screen for manual trade/action:  Closing all trade, Delete All TP/SL opened trades, SL= BE, SL +1
  • Formatted chart. Print Doji candle stick with blue color candle stick if any. 
  • Debug. By default is False. set it to TRUE if you want to know the EA activity log and write to log file for audit purpose.
How to install
  • The EA can be attached to any timeframe chart, any pair.
  • Default setting is for XAUUSD, but working properly for any pair by change the value of Grid size/minimum Grid .
  • Other setup can be maximize by change the value as per your strategy. written the recommendation value for each timeframe and not limited with.
Requirements
  • $5,000 for Lot 0,01
  • The EA is NOT sensitive to slippage. You can change the value.
  • The EA should can run on a PC/Laptop and  VPS. Highly recommended to use VPS.

MM & Risk settings

  • Lot Mode:  Fixed Lot
  • Max Order- Set maximum open grid when loss position. use 1 (One) value for single open/ OneShot.
  • Maximum Slippage is max allowed slippage
  • Allow Trading on time trading filter
  • Minimum Margin Level: if current margin level is lower than parameter value then EA doesn't open trade

Strategy

  • Setup the time frames for scanning and calculating the volume profile.
  • Setup   Moving Average Filter. (Optional)
  • Setup   Margin Level Filter. (Optional)
  • Setup the Drawdown manager.  

Grid settings

  • Minimum Grid is Grid size
  • Grid Multiplier is the multiply of next grid size
  • Max Order- Set maximum open grid when loss position. use 1 (One) value for single open/ OneShot.

Others

  • Magic Number
  • Show Dashboard - true/False

Recommended pairs:

GOLD/XAUUSD
AUDCAD
AUDCHF
AUDJPY
AUDNZD
AUDUSD
CADCHF
CADJPY
CHFJPY
EURAUD
EURCAD
EURCHF
EURGBP
EURJPY
EURNZD
EURUSD
GBPAUD
GBPCAD
GBPCHF
GBPJPY
GBPNZD
GBPUSD
NZDCAD
NZDCHF
NZDJPY
NZDUSD
USDCAD
USDCHF
USDJPY
ETHUSD
BTCUSD
US30 CASH
US100 CASH

Timeframe: M1,M5, M15,M30, H1, H4, D1 ( working for all time frames)

-----------------------------------------------------------------------------------------

--> Plan the Trade and Trade the Plan. If market reacts differently, Make a new plan and trade the new plan.

--> Past performance does not guarantee the same results in the future,  because the market is volatile all the time.

--> Don't be greedy,...The riskiest thing you can get is do greedy.


*Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.



Good Luck.












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Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Professional expert   Status   Auto     analyzes the market using a special algorithm. The basic principle is that the bot takes the indicated prices for a certain period of time and calculates the strength and amplitude of the price by checking it with its own indication system based on actual data. The moment is fixed when the trend loses strength and reverses, and then the previous series closes and a new one is prepared. The bot also analyzes its own overbought/oversold signals in its algor
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Exotic Bot   is a multi -cream multifunctional adviser working on any time frame and in any market conditions. The robot’s work is taken as a system of averaging with the non -geometric progression of the construction of a trading grid. Built -in protection systems: special filters, spreading, internal restriction of trading time. Building a trading grid, taking into account important internal levels. The ability to configure trading aggressiveness. Work postponed orders with trailing orders. T
The Expert Advisor works on the basis of wave-like changes in price movements. The dynamic regression channel allows you to accurately predict the price movement in the short term. The Expert Advisor uses the indicator in its trading: https://www.mql5.com/en/market/product/64252 Trading instruments (TF 5m): GBPUSD, EURUSD, USDJPY. The Expert Advisor has been successfully tested with 99% quality quotes, floating spread and random ping since 2003. Optimization of the advisor is not requir
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Yvan Musatov
5 (1)
A Richter Expert is a professional market analyst working using a specialized algorithm. By analyzing prices over a specific time period, it determines the strength and amplitude of prices using a unique indicator system based on real data. When the trend and its direction change, the expert closes the current position and opens a new one. The bot's algorithms take into account signals about overbought and oversold markets. Buying occurs when the signal falls below a certain level and then rise
Robot test results: Initial deposit: 1000, Total net profit: 11999, Profit factor: 2.58, Expected payoff: 2.48, Drawdown: 5.49%. The recommended currency pair for trading is XAUUSD (Gold). Recommended timeframes: M5 Recommended starting balance: $500 or more. The recommended maximum spread for XAUUSD is 20 pips. Account type: ECN. How does this robot trade? Technical description of the robot: The "Scalping forex robot M5" robot is an active gold scalper robot. The robot automatically analyz
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" Silicon Ex ": Your Reliable Assistant in the World of Forex Silicon Ex is a modern trading bot, specially created for traders in the Forex market. This innovative tool serves as a reliable partner for those who strive for efficient and automated trading. Key Features of "Silicon Ex": Reliability and Stability: Created using advanced technologies that ensure stable and reliable operation in the market. Intelligent Risk Management: Built-in money management system (Money Management) allows yo
Correct Approach   is a multi-currency multi-functional Expert Advisor that works on any time frame and in any market conditions. The robot is based on an averaging system with a non-geometric progression of building a trading grid. Built-in protection systems: special filters, spread control, internal trading time limit. Building a trading grid taking into account important internal levels. Possibility to adjust trading aggressiveness. The Expert Advisor comes with proven templates for vario
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Hello, my name is Alexander. I would like to introduce you to my new development, Hermes EA. The advisor is synthesis of two strategies: breakthrough strategy and level strategy. The EA doesn't use any indicators. The EA works well on EURUSD  pair. The advisor has shown stable performance for more than 20 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to install as possible
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Version 1.32 2024.06.18
Minor Enhancements
Version 1.31 2024.06.18
- Bug fixing TP value
Version 1.3 2024.03.06
Improvement
Version 1.1 2024.03.01
- Improvement