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Extremum Scalper

4.09

Extremum Scalper is a fully automated Expert Advisor, that uses a dynamic MM, probabilistic analysis and also strategy of breakout/rebound from the levels of daily and local extremes, and the candlestick Highs. The price Highs and the tick volume serve as the analyzed parameters.

  • Works in different markets with all trade execution modes.
  • Does not use martingale or hidden methods of increasing the position volume.
  • The EA has 9 different extremum calculation algorithms.
  • Uses a drawdown protection, slippage control, spread filter.
  • Flexible settings allow you to create your own scalping strategy.

Live signal        https://www.mql5.com/en/signals/341952

Full description https://c.mql5.com/6/812/ExtremumScalper_Full_Description_EN.zip

Main Settings

  • Trade Direction - a selection of the trading direction Buy/Sell/Both.
  • Maximum Risk 10 serial losses - the maximum risk on a losing series of 10 orders in percent.
  • Fix LotSize - fixed lot, used if Maximum Risk 10 serial losses = 0.
  • Maximum Daily Loss and Maximum Daily AverageSlippage – maximum allowed daily losses and slippages. If not equal to zero - when reaching the specified values, the EA will take a trading pause and go into the standby mode until the next day.
  • Spread Filter – Maximum allowed spread for opening orders. Disabled if set to 0.
  • Add Spread - when enabled, the current value of the spread will be added to the stop loss, take profit and parameters of trailing
  • Strategy – the LocalChannel, DaysPlusChannel, GreedChannel strategies - differ in the number of simultaneously set levels. These modes are sensitive to spreads and the size of commissions on the account. The MaxPoint, MaxVolume, MaxSize, StaticSize and CandleMix modes are based on detection of the maximum values of the corresponding parameters of the current candle, the size of which is controlled by the Extremum Candle Size setting. These modes are more resistant to the size of spread, but the number of trades on them is considerably lower than in the previous modes.
  • Extremum Range – the number of candles (range) to search for extremums.
  • The Period of placing orders – the time period after which the EA checks the conditions for placing new pending orders.
  • The Maximum Period of existence orders- the lifespan period of the pending order.
  • Minimum Distance of placing orders – the minimum distance from the price to place an order. If set to zero, it will be calculated automatically.
  • HighCorrection,LowCorrection – distance from extremums to place the order. It can take both a positive and negative value.
  • Use Rebound orders – use the extremum level rebound strategy.
  • Rebound place Mode – rebound order placement mode. Candle - the order will be placed on the High/Lowof the previous candle. Stop - the order will be placed on stop-loss level of the main order.
  • Trade LOG LEVEL - logging mode, responsible for the amount of information output by the EA, which can be seen in the "Journal" and "Experts" tabs.
  • Acceleration of the optimization and testing - allows to speed up optimization and testing. When enabled, the 'Maximum Daily Loss' and 'Maximum Daily AverageSlippage' parameters will not be considered during optimization and testing.


Addition

  • Priority timeframe - M30.
  • I recommend using pairs with an average spread of fewer than 10 points.


Reviews 13
Vic Vine
191
Vic Vine 2023.03.23 19:00 
 

Back Tests are excellent.

chpol8 POL
2135
chpol8 POL 2022.05.03 17:11 
 

This EA supports all instruments I have tested and is one of the best scalpers. A lot of choices of indicators, even news, and drawdown choices. Five stars.

Valter Oliveira
1735
Valter Oliveira 2018.01.29 18:50 
 

I am having a good experience with this product. It is able to provide a good success rate. The seller (Mr. Tetyana Shcherba) provides good technical support and quickly answers any questions about the product. The product offers several configuration customization possibilities, which enables the application in different types of markets (for example, currency pairs/FOREX and futures). August 2020: The EA continues to work with a good performance, using the setup provided by the developer.

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Introducing  Index Sniper Pro EA . It is a Fully Automatic Index (US30) System trading early US Open. No  Martingale,  No  Grid , No Averaging ***********Upcoming Features*********** NAS100 Set File - WIP S&P500 Set File - Done and Testing Buy only and Sell only Settings - Released Individual TSL and SL settings for Buy and Sell Orders - Released Current Price: $349--> (Next price $499) Live signal: With Default Settings on US30 symbol https://www.mql5.com/en/signals/2255171 Features
Forever Star
Xian Qin Ceng
4.67 (3)
Forever star EA is a night scalp different from New Way Scalper, which is a supplement to New Way Scalper and can work together to achieve better results.   Star EA is used in 15M or H1, and can trade 15 currency pairs or even more. Everyone can freely build the best combination in their mind. Forever star EA is easy to use and can trade multiple currency pairs using only one chart. All parameters are already built-in, and you only need to change the currency pair and Lot. EA uses strict stop-l
Signal Account  (running 0.75% Balance Risk) If you need MT4 version or can't afford renting/purchasing contact me for alternative solution. Join  Nexus Community Public Chat This EA is part of   Nexus Portfolio  - a combination of the b est long term EAs I created for my personal trading as well as private fund management. The best NON martingale, grid or averaging EA in mql5 market. Most other EAs only sell backtest dream. This is the only EA that can perform closely in live trading as in bac
Gold Harvest MT5
Abdul Jalil Mridah
4.33 (3)
Promotional s uper discount  for today   for few copies .  Prices may increase at any time. Final price will be 4999 USD. Set Files for Gold Harvest MT5   and  Live Signal Please just change Risk Level (1-80). No need other field change and Risk Level 2 = 2% risk for 1000 equity or above. It's only good works on XAUUSD H1 Timeframe. This robot is profitable. This robot requires minimum deposit of 100 equity. You can get good results with it. You can test it first . It will increase the volume i
Gold Scalper Trading MT5
Ho Tuan Thang
3.83 (29)
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. - REAL SIGNAL: Default Setting:  https://www.mql5.com/en/signals/2251841 Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is o
Diamond Ultimate MT5
Lo Thi Mai Loan
3.89 (9)
Welcome to Diamond Ultimate!!! The EA provides clear LIVE ACCOUNT SIGNALS. BACKTEST GUIDE LAUNCH PROMO: Only 2 copies left at the current price! Final price: $4993.99 BONUS - BUY LIFE TIME Diamond Ultimate GET FREE 1 EA =>   Ask in private for more details!!! Download Set Files MT4 Version Diamond Ultimate combines algorithms based on various price actions with 13 years of market experience to execute orders and manage capital. All trades have clear stop loss and take profit levels. The
Gold Scalping Expert mt5
Vasiliy Strukov
5 (5)
Gold Scalping Expert is a very intelligent smart algorithm which exploits the reaction of gold during various high-impact events like geo-political news, pandemics, and economic changes.  This system trades breakouts using the popular zig-zag indicator by placing pending orders at the turning points and when the price breaks out beyond these levels the orders will get triggered.  The EA is using a very smart trailing stop and dynamic stop loss to protect your account and manage the risk properly
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Stop And Close
Tetyana Shcherba
2.75 (4)
The utility (Expert Advisor) is designed for monitoring and controlling the total drawdown, as well as closing all positions after reaching the specified levels or upon the occurrence of a specified time with the ability to disable the operation of the automatic EAs running in the same terminal. It is capable of tracking the status of the entire account, as well as individual pairs. It works with the positions opened manually or by other automatic EAs. It tracks the open trades in real time mode
RSI Scanner
Tetyana Shcherba
Utility is designed to monitor and analyze the market conditions for all symbols of the MetaTrader 4 terminal using real-time data from the RSI indicator. Automatically detects all the pairs in your terminal, and also can filter them into groups. Gets the RSI indicator data for all timeframes and all selected pairs. Tracks up to 4 programmable signal patterns and notifies when they appear. Automatically opens a new chart for a given template when you click the desired pair in the table. Input
Filter:
Vic Vine
191
Vic Vine 2023.03.23 19:00 
 

Back Tests are excellent.

chpol8 POL
2135
chpol8 POL 2022.05.03 17:11 
 

This EA supports all instruments I have tested and is one of the best scalpers. A lot of choices of indicators, even news, and drawdown choices. Five stars.

Money789
14
Money789 2022.02.05 10:39 
 

ฉันชอบ EA ตัวนี้มาก แต่พอรันไปสักพัก Spread error มันขึ้นสีแดง ทำให้ไม่สามารถออกออเดอร์ได้ ฉันควรจะแก้ไขตรงไหน

Kutluhan Yesilkaya
769
Kutluhan Yesilkaya 2021.08.02 21:58 
 

How should I set the values?

Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.07.19 13:40 
 

Good job.

Valter Oliveira
1735
Valter Oliveira 2018.01.29 18:50 
 

I am having a good experience with this product. It is able to provide a good success rate. The seller (Mr. Tetyana Shcherba) provides good technical support and quickly answers any questions about the product. The product offers several configuration customization possibilities, which enables the application in different types of markets (for example, currency pairs/FOREX and futures). August 2020: The EA continues to work with a good performance, using the setup provided by the developer.

Reks13
409
Reks13 2017.09.17 17:15 
 

Протестировал демо версию со стандартными настройками на фьючерсах золота, сразу показал стабильный плюс. Взял в аренду и погонял на фьючах евро, золота , газе и нефти - 70% сделок в плюс. После появления версии 1.47 купил эксперта. Пока все нравится, торгует правильно и главное быстро, тех поддержка на высоте. Короче рекомменд.

P.S Начинаю тестить на фортсе: РТС, сишка, нефть, результаты позже.

Weicong Xie
174
Weicong Xie 2017.06.18 12:32 
 

一直在亏损,回测骗人的

Denis Oleynik
506
Denis Oleynik 2016.10.25 18:29 
 

Как и положено скальперу, с небольшой просадкой дает доходность и бывают всплески. Все грамотно сделано! Использую на парах EURUSD, USDJPY,AUDUSD они наиболее подходят для этого типа стратегии,хотя автор рекомендует только EURUSD.

Stefan Hellström
56
Stefan Hellström 2016.10.01 13:31 
 

I like the trading style of this EA .

I think the safety is the most important element for the forex trading success.

taketnt
64
taketnt 2016.09.16 08:40 
 

Seit einem Tag eine Position in Wartestellung. Noch kein einziger Trade seit Kauf. Wo kommen nur die 5 Sterne her?

Jkunc
51
Jkunc 2016.07.03 13:27 
 

User didn't leave any comment to the rating

Coding Soul
255
Coding Soul 2016.05.31 23:51 
 

I do not understand why anybody yet not put you five stars. Great thanks.

Reply to review
Version 1.65 2020.04.03
EA Optimized and compiled by a new compiler
Version 1.64 2018.09.16
Optimization of updating statistical data.
The probability value for a long calculation period now displays on the Info panel(in parentheses in the line "Next LotSize").

Ver.1.62
Now you can use the EA on the hedging-accounts.
Added navigation in the statistics block.
Added the system of dynamic money management, which based on a probabilistic analysis.
The automatic calculation of the Decimal-Correction multiplier for the exchange trade has been changed.
The default settings are now for accounts with commissions.
The code was optimized, bugs were fixed, outdated settings were deleted.
For those who have already purchased my product: please contact me to receive the new settings.
Version 1.47 2017.09.12
Improved algorithm of trailing.
Version 1.46 2017.08.29
Recompiled under Windows 10 (fixed error of creating graphical panel)
Version 1.45 2017.08.23
Added a volatility filter.
Trailing is now asynchronous, the modification of the order during rapid moves is faster.
Fixed bugs.
Version 1.41 2016.12.07
Changed and added:

1) The auto-calculation value of spread filter.
2) The possibility of closing inactive transactions over a certain time.
3) Ability to determine the trend using ADX (faster method)
4) Code optimization, especially working with ZigZag.
5) Added additional filter to control a threshold value of stop loss and fine-tuning non-Forex market.
6) Additional parameters for Rebound orders, as well as improved opening logic.
7) Added filter for the damaged ticks that can be used when testing EA in the "Every tick based on real ticks" mode.
8) Added some additional checks to improve the security of your account.
9) Added a block of statistics, where you can get more information about deals. Сalled by pressing "i" button on the info panel.
10) Updated and expanded the EA description.
Version 1.36 2016.09.07
Added:

1) Fill Policy - change order filling policy.
2) Spread filter Sensitivity - set the spread filter sensitivity. Also, orders are now saved (before reset) before the filter is removed.
3) Custom Seconds - new mode in Orders lifetime allowing you to set an order lifetime in seconds.
4) Trailing for TP - trail take profit level.
5) Trailing mode - manage trailing start cycles.
6) Rebound-orders lifetime - set rebound order lifetime.
7) Pause 1,Pause 2 - set trading pause time. Changed the trading time management. Also, orders are now saved before pauses and after a trading session end. Added ability to set broker's time zone for the time settings.
8) Significantly revised the slippage compensation and deal tracking systems.
9) NewsTime - new strategy for news trading fans.
10) ZigZag - new strategy based on extreme value calculations using ZigZag indicator.
11) Trade LOG LEVEL now features a new mode, at which only the EA messages are shown on the Experts tab.
12) Improved and updated the new description.
13) Fixed all currently known errors.
Version 1.31 2016.07.12
Bug fixes.
Improved the trade maintenance and safety of the deposit.

Added:
Rebound Kill
Distance correction to the placing level
The placing Rebound triggered by slippage
Rebound StopLoss Mode
Sound Alerts-added sound alerts.
More details in the updated description.
Version 1.22 2016.05.20
Small fix of the "Market Closed" status. Fixed the display of the next order's lot size.
Version 1.20 2016.05.17
Fixed bug with deleting orders during initialization.
Now, orders will be deleted only if the strategy is changed in the EA settings,
or if the timeframe the EA is attached ti is changed.
Improved the spread control. Now, when the spread is high the EA deleted the nearest order and not all at once.
Version 1.17 2016.05.10
Important update. Code optimization, a lot of small fixes, improved maintenance of the deals.
Added:
1)Added 'Trend following' and 'Against the trend' to the selection of the trading direction
The Double Exponential Moving Average is used as a trend indicator, the parameters of which can be found in the settings.

2) Added real-time slippage control (the Critical Slippage parameter). If a slippage greater than this parameter is detected, the trade will be closed immediately.

3) Added the ability to select the dynamic stop loss (StopLoss Mode), where it is automatically calculated based on the Hi/Lo of the current and the previous bar.
In order to use a static stop loss from the settings - set this parameter to 'FromSetting'.

4) The strategy that uses the rebound order now includes the ability to place limit orders on the breakout rebounds (Rebound).

Changed the default settings according to new features.
Version 1.12 2016.04.26
Small fixes in the profit calculation, information bar rendering, fixed minor bugs,
new menu item:
Acceleration of the optimization and testing - allows to speed up optimization and testing. When enabled, the 'Maximum Daily Loss' and 'Maximum Daily AverageSlippage' parameters will not be considered.
Trade Direction – allows to select the trading direction.
The Maximum Period of existence orders Trade Direction – allows to set the lifespan of the pending orders.