Market / MetaTrader 4 / Experts /

Eagle Scalper

600 USD

Demo downloaded: 2 122

Published: 23 January 2017

Current version: 1.57

Eagle Scalper

2.13

Experts
Yang Wu
Version: 1.57
Updated: 28 December 2018
Activations: 5

A scalper system only work during Asian hours.
Several unique indicators to detective the price fluctuation.
Dynamic TP/SL level according to market conditions.
Fixed stop loss to protect the capital, very low risk of losing a lot of money.
No need to obtain SET files. The parameters are the same for each currency pair.

It is optimized to work on GBPUSD.

It is recommended to use it on M15 chart.

It is recommended to run it on FBS Zero Spread Account.

It is recommended to do 99.9% modeling quality backtest.

Signals: https://www.mql5.com/en/signals/author/oodd008

Backtests: https://www.mql5.com/en/users/oodd008/blog

News filter

News filter is designed to avoid big price fluctuation during high impact news.

How to activate News filter: https://www.mql5.com/en/blogs/post/710966

GMT Offset

GMT_Offset is automatically set by the EA. But in some cases, the calculation may be incorrect.

How to calculate GMT Offset: https://www.mql5.com/en/blogs/post/693088

Parameters

Lots - use fixed lot size.
Risk - calculate the lot size dynamically as a fixed value of the capital, only works when the "Lots" is set to be 0.
Auto_GMT_Offset - if true, when live trading, GMT_Offset will be automatic calculated by the EA.
GMT_Offset - when backtesting enter the GMT time of your broker. When trading, it is automatically set by the system.
UseDST - Set true if your broker changes server time in the beginning and ending of Daylight Saving Time.
EA_Comment - place your personal comment.
MAGIC - magic number, it is set for each currency pair by default.
Max_Spread - maximum spread allowed to open an order.
Show_Info - turn on/off info panel on the chart.
Hide_SL_TP - if true, SL and TP will be hidden.
TakeProfit - take profit value of each order.
Open_Hour - start trading hour.
Close_Hour - end trading hour.
Trade_On_Friday - turn on trading on Friday.
Friday_Hour - end trading hour on Friday(server time).
Friday_Minute - end trading minute on Fiday(server time).
Allow_Second_Order - choose the option if you allow a second order.
Second_Order_Distance - the distance between first order and second order.
Second_Lot_Factor - the lot size factor of second order.
Direction:

Both Sides: open both buy and sell orders.
Only_Buy: only open buy orders.
Only_Sell: only open sell orders.

Triple_Swap_Protection - if true, the EA does not open a buy order at triple-swap day (Wednesday night) to avoid negative triple swap.
Use_Newsfilter - if true, news filter will be used.
NewsLink - please add below links to "Tools" → "Options" → "Expert Advisors" → "Allow WebRequest for listed URL" to download News events.
Indent after Light News - time in minutes after the weak news for the EA to pause operation.
Indent before Light News - time in minutes before the weak news for the EA to pause operation.
Indent after Medium News - time in minutes after the medium news for the EA to pause operation.
Indent before Medium News - time in minutes before the medium news for the EA to pause operation.
Indent after Hard News - time in minutes after the strong news for the EA to pause operation.
Indent before Hard News - time in minutes before the strong news for the EA to pause operation.
Enable light news - enable downloading weak news.
Enable medium news - enable downloading medium news.
Enable hard news - enable downloading strong news.
Currency to display the news - list of all currencies, for which the news should be downloaded; If empty, currencies of the current symbol are used.
Draw lines on the chart - if true, draw lines of the news on the chart.
CloseAllinNews - enabling this option could close all opened trades in the news session.
Use_Internal_Inputs - if true, EA will use internal value for the inputs below; If false, EA will use value that you give to the inputs below.
StopLoss - stop loss value of each order.
Use_Indicator1 - turn on Indicator 1.
Indicator1_Period - period of Indicator 1.
Indicator1_Entry - entry value of Indicator 1.
Indicator1_Exit - exit value of Indicator 1.
Use_Indicator2 - turn on Indicator 2.
Indicator2_Period - period of Indicator 2.
Indicator2_Entry - entry value of Indicator 2.
Indicator2_Exit - exit value of Indicator 2.
Use_Indicator3 - turn on Indicator 3.
Indicator3_Entry - entry value of Indicator 3.
Indicator3_Exit - exit value of Indicator 3.

more...

Esli Goncalves 2017.12.21 16:58 #

the EA is great, awesome support, I doubled my money in only 1 month. If you want the EA to work greatly, add equity management to it and it will do wonders, happy trades. G-d bless you all.

lildragon 2017.11.09 09:44 #

The author is professional, the EA is Greaaaaat!!!

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A High Frequency Trading System, which trades when the market is at very high volatility. It uses several unique indicators to detective the price fluctuation in very short terms, open an order when a breakthrough takes place, and capture several pips instantly within a few seconds. Every pending order has a inherent stoploss, and every existed order has a trailing stop to preserve the capital. P‌lease notice that the performance of the EA depends heavily on your choice of Broker and VPS. I‌t is

200 USD

Jupiter EA is a fully automatic trading system to capture short-term market fluctuation. It applies Box Theory into forex market. At first it identifies trend in medium term, then recognizes the resistance position of the box in short-term. When the price breaks the resistance position, the EA will open trades following the medium-term trend and against the breaking direction. It also uses grid method to increase winning chance, but it is not as dangerous as people think a grid EA should be. It

200 USD

Big Pineapple is a martingale Expert Advisor with a great diversification of operations and different systems working on 27 pairs. This increases the chances of sustained growth and reduces exposure to a single pair. The risk is very controlled. Unlike other martingale EAs, this EA is very safe with very low drawdown. The minimum deposit is 10,000 USD with 0.01 initial lot size. If you want to run it in a smaller account, you could open a cent account and run it with at least 100 USD. The EA doe

300 USD

A scalper system only work during Asian hours. Several unique indicators to detective the price fluctuation. Dynamic TP/SL level according to market conditions. Fixed stoploss to protect the capital, very low risk of losing a lot of money. No need to obtain SET files. The parameters are the same for each currency pair. It is optimized to work on EURAUD . It is recommended to use Eagle Scalper on M15 chart. It is recommended to run it on a real ECN broker with very low spread . It is recommended

5 000 USD

Filter:

184

Wuhong Zhen 2017.12.29 15:31 #

EA一个月负增长，请尽快修正EA。

Esli Goncalves 2017.12.21 16:58 #

the EA is great, awesome support, I doubled my money in only 1 month. If you want the EA to work greatly, add equity management to it and it will do wonders, happy trades. G-d bless you all.

162

Ka Shing Leung 2017.12.14 10:56 #

When the loss turns back into profit I will score again.

306

redflywing 2017.12.12 05:06 #

When the loss turns back into profit I will score again.

558

Stanislav Frolov 2017.12.08 16:28 #

Купил данный советник - очень жалею что поспешил. Как советует работаю с брокером IC Markets -но результаты совершенно разные с автором - что очень настораживает и чувствую что меня обманули.

lildragon 2017.11.09 09:44 #

The author is professional, the EA is Greaaaaat!!!

wong178 2017.09.30 05:20 #

User didn't leave any comment to the rating

Robert Kingston 2017.09.14 15:21 #

User didn't leave any comment to the rating

alexandralee 2017.09.04 02:48 #

User didn't leave any comment to the rating

385

ccou 2017.08.15 07:06 #

*** Be WARNED ***

The results I get live are much worse than my backtesting.

I suspect this EA to switch to another algorithm when trading live.

I don't know who made this change (the author or someone else) and what the reasons are, but there's definitely something fishy/shady.

yilishabai 2017.07.11 04:55 #

User didn't leave any comment to the rating

215

Yonghua Wang 2017.04.21 01:10 #

Very bad:

1) The author responded my queries at the very beginning only;

2) This EA can't get profits beyond commision and overnight costs;

3) This EA must set local time according to the author's comment, because it can't get the right GMT offset on my VPS from VULTR.com;

yaohua 2017.02.09 01:28 #

User didn't leave any comment to the rating

Version 1.57 2018.12.28

new parameter added:
Friday_Hour - end trading hour on Friday.
Friday_Minute - end trading minute on Friday.

Version 1.56 2018.12.22

Recommended pair changed to GBPUSD.
Default setting for Close_Hour changed to 23.

Version 1.55 2018.04.23

Optimized the code to improve the efficiency of executing orders.

Version 1.54 2017.12.20

A new parameter is added:
Hide_SL_TP - if true, SL and TP will be hidden.

Version 1.53 2017.11.17

New parameters are added:
UseDST - Set true if your broker changes server time in the beginning and ending of Daylight Saving Time.
Indent after Light News - time in minutes after the weak news for the EA to pause operation.
Indent before Light News - time in minutes before the weak news for the EA to pause operation.
Indent after Medium News - time in minutes after the medium news for the EA to pause operation.
Indent before Medium News - time in minutes before the medium news for the EA to pause operation.
Indent after Hard News - time in minutes after the strong news for the EA to pause operation.
Indent before Hard News - time in minutes before the strong news for the EA to pause operation.

Version 1.52 2017.11.08

A bug has been fixed: when summer time switches to winter time, vise versa, GMT_offset will be automatically changed.

Version 1.51 2017.10.26

A new parameter is added:
Triple_Swap_Protection - if 'true', the EA does not open a buy order at triple-swap day (Wednesday night) to avoid negative triple swap.

Version 1.50 2017.09.12

News filter is added:
Use_Newsfilter - if true, news filter will be used
NewsLink - please add below links to Tools >> Option >> Expert Advisors >> Allow WebRequest for listed URL to download News events
Indent after News - time in minutes after the news for the EA to pause operation
Indent before News - time in minutes before the news for the EA to pause operation
Enable light news - enable downloading weak news
Enable medium news - enable downloading medium news
Enable hard news - enable downloading strong news
Currency to display the news - list of all currencies, for which the news should be downloaded; If empty, currencies of the current symbol are used
Draw lines on the chart - if true, draw lines of the news on the chart
CloseAllinNews - Enabling this option could close all opened trades in the news session

Version 1.41 2017.09.05

A new parameter is added.
Direction:
Both Sides: open both buy and sell orders
Only_Buy: only open buy orders
Only_Sell: only open sell orders

Version 1.4 2017.08.21

1. Moved the parameter StopLoss out from internal settings to user settings.
2. Optimized the code to increase the execution speed.

Version 1.3 2017.05.10

A bug has been fixed (if parameters changed when EA is running, GMT_offset is turn to be 0)

Version 1.2 2017.04.25

New parameters are added.
Auto_GMT_Offset - If true, when live trading, GMT_Offset will be automatic calculated by the EA.
UseDST - if true, GMT_offset will be calculated in consideration of Daily Saving Time.
Show_Info - Turn on/off info panel on the chart.

Version 1.1 2017.02.17

New timeframe - available both on M5 and M15 chart.

Add New Parameters.
Advanced Setting:
TakeProfit - Takeprofit value of each order
Open_Hour - Start trading hour
Close_Hour - End trading hour
Trade_On_Friday - Turn on trading on Friday
Friday_Hour - End trading hour on Friday
Allow_Second_Order - Choose the option if you allow a second order
Second_Order_Distance - The distance between first order and second order
Second_Lot_Factor - The lot size factor of second order
Use_Internal_Inputs - If true, EA will use internal value for the inputs below;
If false, EA will use value that you give to the inputs below
Inputs:
StopLoss - Stoploss value of each order
Use_Indicator1 - Turn on Indicator1
Indicator1_Period - The period of Indicator1
Indicator1_Entry - The entry value of Indicator1
Indicator1_Exit - The exit value of Indicator1
Use_Indicator2 - Turn on Indicator2
Indicator2_Period - The period of Indicator2
Indicator2_Entry - The entry value of Indicator2
Indicator2_Exit - The exit value of Indicator2
Use_Indicator3 - Turn on Indicator3
Indicator3_Entry - The entry value of Indicator3
Indicator3_Exit - The exit value of Indicator3