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Early Morning Scalper ATR

90 USD

Demo downloaded: 196

Published: 21 December 2017

Current version: 3.70

Early Morning Scalper ATR

Experts
Hajime Tsuro
Version: 3.70
Updated: 23 November 2021
Activations: 5

Introducing Early Morning Scalper ATR: Precision Trading During Asian Forex Market

A breakthrough in forex trading automation, the Early Morning Scalper ATR Expert Adviser offers a fully autonomous solution meticulously engineered for a specific window of opportunity—the early hours of the Asian Forex market.

At its core, this innovative tool employs an advanced algorithm that orchestrates forex trading seamlessly. Augmenting its prowess are sophisticated internal indicators, which deftly identify, analyze, and interpret intricate price ranges, temporal dynamics, and market strength by discerning even the subtlest deviations.

Early Morning Scalper ATR is equipped with primary Stop Loss and Take Profit functions, serving as a safeguard for users' account balances. However, the true marvel lies in its dynamic order management, expertly harnessed by an enhanced Trailing Stop feature. Through this, the Expert Adviser adeptly maneuvers, making intelligent decisions about position closure, finely tuned to the evolving market tendencies and conditions.

Intricately woven into the tool's framework are spread and slippage control filters, acting as sentinels against unwarranted entries. A steadfast shield in highly volatile conditions, this mechanism diligently safeguards the account balance from encountering substantial losses. Designed with precision, Early Morning Scalper ATR aligns itself with the systematic rhythms of the Asian Forex market session. Yet, the individual trader retains autonomy over the trading hours, tailoring the experience to their preferences.

The Early Morning Scalper ATR epitomizes the fusion of cutting-edge technology and strategic finesse, offering traders a vital ally during the crucial opening hours of the Asian Forex market.

[Signal]
https://www.mql5.com/en/signals/1278048?source=Site

Recommended currency pairs: EURAUD, EURCAD, GBPAUD, GBPCHF, GBPCAD, AUDCAD
Recommended timeframe: M5
General recommendations: VPS

Notable Features

Strategic Market Entry: Initiate positions exclusively in the early hours of the Asian Forex market.
Balanced Safeguard: Employ a judicious blend of Stop Loss and refined trailing mechanisms to bolster account balance security.
Insightful Market Analysis: Leverage sophisticated internal indicators adept at dissecting market tendencies and gauging their robustness.
Precision Spread Control: Employ a perceptive spread filter, meticulously designed to ensure strategic entry and exit points.
Resilient Slippage Management: Harness a resilient slippage filter, acting as a steadfast bulwark against unforeseen market irregularities.
Optimized Performance: Engineered for CPU and memory efficiency, the program ensures seamless functionality without imposing undue strain on the PC's resources.

The confluence of these features within the Early Morning Scalper ATR underscores a commitment to informed, balanced, and resource-conscious trading strategies, particularly tailored to the nuances of the Asian Forex market's early hours.

Parameters

In the pursuit of tailor-made trading strategies, the Early Morning Scalper ATR places the reins of control firmly in your hands. The parameters provided below facilitate a nuanced approach to trading:

OrderComment: Craft a distinctive order comment to personalize your trading footprint.
Magic: Input your chosen magic number, avoiding the use of 0 for optimal differentiation.
GMTOffset: Adjust this parameter in alignment with your broker's GMT offset (Default: 3).
GMTOpenHour: Determine the Expert Adviser's activation time (Default: 21).
GMTCloseHour: Set the time at which the Expert Adviser concludes its activities (Default: 22).
GMTAllCloseHour: Define the time for universal position closure by the Expert Adviser (Default: 23).
Weekday Trading Halt: Specify "True" to halt trading on specific weekdays, from Monday to Friday.
Long and Short Trading Halts: Configure "True" to restrict either long or short position openings.
Lot Customization: Opt for "True" or "False" to trigger AutoLots, and if selected as "False," set a fixed lot size.
Lot Size Per Account Balance: Adjust lot sizes proportionate to account balances if AutoLots is set to "True."
Max Spread and Slippage: Define maximum acceptable spread and slippage values.
Take Profit and Stop Loss: Precisely define Take Profit and Stop Loss levels.
Entry Stop Loss: Specify the Entry Stop Loss value for refined trade initiation.
Trailing Stop Activation: Activate the trailing stop function by selecting "True."
Averaging Customization: Set to "True" or "False," and if "True," select Normal or Martingale AveragingMode.
Averaging Distance: Optimal values fall between 15 to 18, guiding the averaging function.
Maximum Lots Caution: Exercise prudence with the MaxLots parameter, as it carries account implications.
ATR Filter Activation: Activate the ATR Filter by selecting "True."
Halt on Multiple Losses: Trigger a trading halt if StopLoss is reached, with options "True" or "False."

These parameters empower traders to fine-tune their strategies, reflecting the nuances of their trading preferences while maintaining a vigilant approach to risk management.

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This is a forex supporting tool for all manual traders. You can close positions immediately at once on the MT4 Terminal by a single click. CLOSE SELL: You can close SHORT positions of the target currency pair (same as the chart you’re using this EA). CLOSE BUY: Same as above but LONG positions will be closed. CLOSE ALL: All opened positions will be closed (no matter of currency pairs). You can select the closing method from CLOSE ALL or CLOSE ONE BY ONE. You can choose the positions to be close

FREE

AutoOrderModify Free is a supporting tool for all Manual and System Forex Traders. It works perfectly for situations like: “I have a nice EA but lacks the Trailing and/or Break Even.” “I’m lazy to calculate SL and TP every time I open a position.” “I want to control all of my manual trades with Trailing/Break even” Anyone interested in this tool but want more function, please try the “ AutoOrderModifyEA Pro ”. The freeware version can’t manage positions by Magic Number but manage ALL positions.

FREE

***** Unlocking the Expertise: EA Source Code for Dedicated Learners ***** Commencing from November 2021 , the "EA + source code" version is at your disposal, ***** allowing those who purchase (not rent) this EA to explore its inner workings. *****T o acquire the source code, kindly direct your request, along with purchase information by sending messages to me. ***** Upon confirming your purchase, the source code will be extended to you. ***** < Disclaimer > ***** We provide the source cod

110 USD

ScalTradeAssistPro: Empowering Manual Forex Traders with Enhanced Support The tool presents itself as a solution tailored to address specific scenarios, such as instances where brokers impose limitations on setting Stop Loss (SL) values in close proximity to the initial position value. Notably catering to the needs of scalping traders, ScalTradeAssistPro steps in with a unique capability—the ability to establish "virtual SL/TP" points. This innovative feature calculates both the Stop Loss and

52 USD

Manual Forex Trading with Enhanced Functionality "OneClickMagicTrader," a powerful tool designed to cater to the needs of forex traders by simplifying various trading actions. Drawing parallels with the familiar "One Click Trading" feature of the MT4 terminal, OneClickMagicTrader allows traders to swiftly execute BUY or SELL orders with a single click. This tool, a brainchild of an avid trader who identified room for improvement, has now been shared with the entire forex community. Taking a s

30 USD

Unveiling WILD CYCLE EA: A Strategy for Dynamic Market Trends Adaptive Trading in Motion Embarking on the trading landscape from June 2021, the WILD CYCLE EA presents an evolutionary approach to market-trend following. Pioneering a relentless pursuit of profit, this EA deftly adapts to shifting market dynamics. Navigating the Core Strategy At its heart lies a fundamental approach—initiating positions in the direction of positive SWAP, such as the EURUSD SHORT. These positions are meticulously c

60 USD

This is a standard version of ScalTradeAssist Pro . It will work perfectly for situations like: “Broker restricts to set StopLoss value to a very close point from the initial value of the opened position”. These demands are basically for scalping traders and ScalTradeAssist is developed to be able to set the “virtual StopLoss / TakeProfit”. Both StopLoss and TakeProfit are calculated internally. When the positions reach the virtual StopLoss/TakePforit, ScalTradeAssit closes them as norm

30 USD

AutoOrderModifyEAPro: A Vital Aid for Forex Traders, Both Manual and System-based Catering to the diverse needs of forex traders, whether engaged in manual or system-based trading, AutoOrderModifyEAPro emerges as a pivotal tool in this intricate landscape. The tool's efficacy is most evident in scenarios such as: Enhancing EA Strategies: Addressing the common dilemma of lacking Trailing and/or Break Even mechanisms in otherwise promising EAs. Streamlining Position Management: Overcoming the hass

45 USD

***This is a MT5 version of ZigZag Breaout*** --------------------------------------------------------------------------------------------------------------------------------- ***** Unlocking the Expertise: EA Source Code for Dedicated Learners ***** Commencing from November 2021 , the "EA + source code" version is at your disposal, ***** allowing those who purchase (not rent) this EA to explore its inner workings. *****T o acquire the source code, kindly direct your request, along with purch

110 USD

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Version 3.70 2021.11.23

Internal parameter update

Version 3.60 2019.09.17

1. Improvement of the general logic.
2. Bug fix of the trailing.
3. Now it's editable the open-close hour by the settings.

Version 3.20 2018.06.20

New parameters:

"Prefix", "Suffix", and "StopMultipleLosses".