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New Way Scalper EA

4.33

After a year of continuous improvement, version 4.5 has been officially launched. Please use this version to load specialized parameters.

NEW WAY Scalper is a night scalping EA that can trade multiple currency pairs. Night scalping EA has a very long history, dating back to 2012 or even earlier. This strategy has been effective for a long time and has many supporters. After two years of extensive and in-depth research, my team has developed New Way Scalper based on the strengths of various night scalping EAs. Among direct currency pairs, it is most suitable for USDCHF, followed by GBPUSD, and other EURUSD, USDCAD, EURGBP, etc. also have good performance.

Next price: $599.

Here is the detailed user manual . If you are not clear about EA settings, you can also discuss it here: Join the public discussion group .

The signals 1, (2 currency pairs) : https://www.mql5.com/en/signals/2240186

Click here A. Download best 2 Pairs parameters , B. Download 5 Pairs parameters .

BackTest, 2018--2024.  please use the "Every tick based on real ticks" mode for backtesting.

NEW WAY Scalper, all currency pair parameters are already built-in. When loading EA, please pay attention to the information on the panel, which already includes precautions, suitable foreign exchange varieties, lot position suggestions, etc. EA contains 3 order opening methods, and all key parameters are already built-in. Simple settings, easy to use.

Virtual algorithms are a very effective way to improve performance. Many famous EAs use these algorithms. Inspired by them, I also use this algorithm to improve the performance of NEW WAY Scalper.

Please note : EA holds only 1 order in most cases, but due to the built-in three order opening modes, it can hold 3 orders close to a certain price in some cases. This is normal, don't worry. Each order comes with a stop loss. There are an average of 250 transactions per currency pair per year, and the order holding time is about 4 hours. There are no dangerous ways to lose all your capital, such as Martingale and Grid. Martingale and Grid can grow straight for a certain period of time, and then quickly explode.

We see that there are many EAs in the market that use AI for overfitting. The test looks good, but the actual market is losing money. That is not what we want. Honest EA always grows in twists and turns. The straight upward curve of fitting does not exist here. You need to accept a part of the retracement. Retracement is the inevitable journey to the result of profit.


Prop Firm Support:

The latest version 4.5 allows you to turn off Strategy 2 and Strategy 3, so that only one trading order is held at any time, avoiding being mistakenly judged by Prop Firms as using a grid .


20-year long-term backtest:

Since 2018, the built-in Tick data of MQL5 has been relatively accurate. Before 2018, the data of Tick from 0:00 to 1:00 was very confusing. Before 2018, please use MT4 and Blizzard Hunter for backtesting. Blizzard Hunter allows you to backtest any year.

NEW WAY Scalper   specialty:

  1. All parameters have been set, and it is easy to use. Users only need to adjust the lot.
  2. There are 3 built-in order opening modes, which cooperate and complement each other.
  3. Show the transaction results honestly. It will not grow straight up, but will grow in a tortuous but continuous manner.
  4. With news filtering function. UseNewsFilter=true; Whether to use news filtering.
  5. Object-oriented programming, fast program running speed
  6. Can be used together with other EAs
  7. One order at a time, four-fold stop loss protection
  8. A virtual algorithm is used to allow the first order to be opened.
  9. With direct currency pairs, it is recommended that trading is not allowed on Friday night.

application

  • Cycle: H1 (or 5M, two cycles to call data)
  • Varieties: Recommended: EURUSD; GBPUSD; USDCHF; USDCAD; EURGBP;
  • Can be promoted: GBPAUD; GBPCHF; EURCHF; CHFJPY; AUDSGD; USDSGD; EURAUD; EURSGD;
  • Minimum deposit: $50, high risk. Recommended medium risk is 0.01 lot per $70. Low risk recommendation: 0.01 lot per $100. Risk warning: Do not trade with heavy positions.
  • Account: ECN/RaW/STP, (Tickmill raw spread account , ICmarkets raw spread account, ZERO raw spread account, etc.)
  • Recommended Broker: IC Markets. Note: Make sure you use a GMT2/3 exchange broker. The built-in time parameters default to this time zone.
  • It is recommended to use a VPS.
  • When trading multiple currency pairs on one chart using onechart, keep the quotes on the left side showing all currency pairs.


For every 10 copies sold, the price will increase by $100. The price increase process is: 50-->500-->1000... until the target price is $2000.

Say no to piracy: Do not try and make mistakes with your own money. EA contains algorithms to detect all fake versions. All subsequent activations will not work properly, be careful.

Reviews 8
Mitsuru
440
Mitsuru 2024.08.22 16:05 
 

I have been using the EA for 3 months and reviewed a trading history. It has had 88 trades in the period and the Profit Factor is 2.99. It's amazing. However, because the EA is scalping EA the net profits are affected by commissions and swap points a lot. So I re-calculated the Profit Factor including them and the value is 1.73. It's also great. Not only this EA, Xian's EAs are great and I strongly recommend them.

Wei Wei Zhou
234
Wei Wei Zhou 2024.07.08 06:13 
 

I have been using this EA for two months and the results are very good, exactly the same as the retest, I am very satisfied.

Cheng Hua Yi
173
Cheng Hua Yi 2024.07.05 15:34 
 

The actual transaction is very consistent with the backtesting, and the author's questions are answered with professionalism. I am very satisfied.

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linfo2
237
linfo2 2024.09.10 02:39 
 

I have purchased this bot for 6 weeks . I have had a very good experience , There is only one day that gave me a concerning drawdown . It has an uncanny ability to scalp in the off hours which is a good time for me margin wise to run a scalper . Support has been good but I did not really need assistance for this . Thank you so much for this worthwhile purchase.

Mitsuru
440
Mitsuru 2024.08.22 16:05 
 

I have been using the EA for 3 months and reviewed a trading history. It has had 88 trades in the period and the Profit Factor is 2.99. It's amazing. However, because the EA is scalping EA the net profits are affected by commissions and swap points a lot. So I re-calculated the Profit Factor including them and the value is 1.73. It's also great. Not only this EA, Xian's EAs are great and I strongly recommend them.

ocean4127
49
ocean4127 2024.08.06 06:48 
 

Backtesting was very good. Sadly the bot lost a huge amount of money within 2 Days. This should not happen. I cant recommend this bot. What a shame i can not get my money back for this bot.

Xian Qin Ceng
12781
Reply from developer Xian Qin Ceng 2024.08.07 04:00
I’m sorry that New Way Scalper had a pullback on usdchf, this kind of pullback is inevitable for night scalpers, it always happens. Night scalpers take small profits and bear big losses, this is how it works, it wins the game by winning rate. In the long run, I believe that EA will still be as effective as in the past.Time will witness the pros and cons, leave everything to time and let it make a fair evaluation.
时间会见证好坏优劣,把一切交给时间,让时间来做一个公正的评价。
sdqizh
94
sdqizh 2024.07.09 08:10 
 

User didn't leave any comment to the rating

Xian Qin Ceng
12781
Reply from developer Xian Qin Ceng 2024.07.09 08:40
New way Scalper ,里面有3个策略,每个策略一次只有一单,大部分时候会触发其中1-2个策略订单,少部分时候会触发3个订单。有3种交易模式可以选择,当交易5个货币对或者更多货币对时,建议选择Conserved保守模式或者extreme极端模式,这样能够获得更平稳的增长。
zhouhaiqing
24
zhouhaiqing 2024.07.08 18:16 
 

User didn't leave any comment to the rating

Wei Wei Zhou
234
Wei Wei Zhou 2024.07.08 06:13 
 

I have been using this EA for two months and the results are very good, exactly the same as the retest, I am very satisfied.

Cheng Hua Yi
173
Cheng Hua Yi 2024.07.05 15:34 
 

The actual transaction is very consistent with the backtesting, and the author's questions are answered with professionalism. I am very satisfied.

sigerma
32
sigerma 2024.06.28 01:59 
 

The backtesting is consistent with the actual situation, and the EA price is very cost-effective. It works well on GBPUSD and USDCHF

Reply to review
Version 5.0 2024.11.19
A new trading order quantity controller has been added to the existing trading order quantity control
Version 4.9 2024.11.16
Parameter calibration, keep QuickProfit set to true, set to False to disable this feature, and keep it consistent with the old version after disabling this feature.
Version 4.7 2024.11.15
Allow backtesting in any year. However, you need to note that MT5 was developed and matured relatively late after MT4, so its own Tick data quality was not high before 2018. Recommend using Blizzard Hunter MT4 version for backtesting from 2010 to 2024
Version 4.6 2024.11.04
Modified the startup time of Fast Close from 2:05 minutes to 1:45 minutes
Version 4.5 2024.10.27
1. After hundreds of failures, I finally found a way to effectively improve my performance.
2. Added 'QuickProfit' quick profit taking function. If set to fasle, this function will be turned off, and the performance will not differ significantly from previous versions when the function is turned off. 'QuickProfit', set to True by default.
Version 4.1 2024.10.11
Very important update, please make sure to update to this version.
Version 4.0 2024.09.08
1. Increase support for EXNESS forex brokers
2. Based on the time of IC, theoretically supporting all forex brokers by adjusting the time difference
3. All forex brokers such as IC, XM, Doo, etc. that can automatically switch between GMT2 and GMT3 time zones do not need to change default parameters, and it is recommended to use these brokers during backtesting
4. For brokers who need to adjust the time difference, please run the new version on the demo account first
5. Allow modification of EA comments
Version 3.9 2024.07.21
1. Add the option to close positions only when profitable, which is disabled by default.
2. Due to some clients having high account net worth, they hope to reduce the occurrence of loss orders by carrying orders and only closing them when profitable. However, this is a dangerous way, so I still retain a mandatory stop loss protection function.
Overall, I do not want ordinary customers to use this feature, even if you are aware of the risks involved.
Version 3.8 2024.07.15
1、增加周一早上是否开仓选项,默认为开仓,true
Version 3.7 2024.06.26
1. Add Choose Use Which TraderModel, Normal=1,Conserved=2,Extreme=3
2. Integrated with 3.5 high-performance version
Version 3.6 2024.06.07
Correcting internal parameter settings
Version 3.5 2024.06.04
Important updates. The previous version attempted to balance multiple currency pairs, but this version no longer pursues balance but emphasizes stability and profitability.
Version 3.0 2024.06.01
Only multiple orders or empty orders are allowed.
Version 2.55 2024.05.16
Minor facelift, correct bottom note
Version 2.5 2024.05.13
Fixed a Bug, important, please update this 2.5 version, disable 2.0 version