Market / MetaTrader 4 / Experts /

Bulls Eye Scalper

55 USD

Demo downloaded: 10

Published: 6 September 2024

Current version: 1.0

Bulls Eye Scalper

Experts
Antonius Loubser
Version: 1.0
Activations: 5

Live Signal >>> https://www.mql5.com/en/signals/2256539?source=Site+Signals+My

Promo; $55 for next 24 hours, next price will be $99.

"Bulls Eye Scalper" analyze the market in the early morning hours between midnight and the Asian session using two custom build (coded) indicators (Scan odometer 1 and 2), Trading time is set to minutes after the opening of the Asian session, if conditions are met EA will open a trade, each trade has a hard SL and TP. NO dangerous strategies like grid or martingale are used. Excellent Risk/Reward 1:2. With a Risk/Reward strategy of 1:2 combined with a short SL, many SL'e get hit, but recovery is very quick.

EA is NOT optimized at all; I'm going to test it on many pairs as is, so curve fitting can't be a problem. When building this EA I have decided NOT to involve any back testing while I was doing the coding. The more I'm getting involved in EA coding the more I'm convinced that back test is the biggest BULL EVER.

EA will be on test on a Live account on 29 pairs. (maybe I will remove some pairs later).

Recommendation:

Current pairs on test (live account) AUDUSD,EURUSD,GBPUSD,USDCAD,USDJPY,USDCHF,AUDCAD,AUDCHF,AUDNZD,CADCHF,CADJPY,CHFJPY,EURAUD,EURCHF,EURCAD,EURGBP,EURJPY,GBPAUD, GBPCAD,GBPCHF,GBPJPY,NZDCAD,NZDCHF,NZDUSD,AUDJPY,NZDJPY,EURNZD,GBPNZD,XAUUSD.

Live account is running on a Roboforex-ECN account.

Multipair, H1 (ALL pairs default settings, except for XAUUSD), EA is coded specific for the H1 timeframe, but you're welcome to try others.

Raw low spread ECN account.

$80 - $100 account balance for every 0.01 lot.

PLEASE NOTE: The spread, SL and TP settings work in pips and not points, so the 7 SL is actually 70 points. EA can also trade Gold, you just need to add an extra digit (0) at the SL, TP, Max slippage and spread input parameters, also remove the point in 14.5 soft TP setting, it works the same as points when trading Gold.

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