• Overview
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Pro Scalping System

4

Pro Scalping is a comprehensive manual system developed for the most efficient trading at any market conditions on all instruments and time scale.
The system is based on two main blocks:
1. The block of trend determination that calculates dynamic support and resistance. The function of auto-optimization is available for this block.
2. The block of price deviation from its median based on the big set of regressions to get the statistically-valid result.

Entry rules

For buys:

1. The trend goes up
2. The price is below the signal line
3. The price deviation is positive and is higher than the value determined by settings
For sells:
1. The trend goes down
2. The price is above the signal line
3. The price deviation is negative and its modulo is higher than the value determined by settings

You don't need to look after all indications of the system. The information about signal displays in the special field on the chart (possible values - BuyNow, SellNow and WaitForSignal).

Exit rules

If the trend keeps its direction the exit signal forms at opposite price deviation reaches its predetermined value ("CloseColor"). At this the profit of the trade is always positive.

If the trend turns the exit signal forms together with the opposite entry signal.
Therefore the system is equally good suited to scalping in trend direction and to trading inside the channel at flat.

See the video below to realize how it works.

Main advantages of the system

Doesn't repaint closed candles

Rough entry and exit rules
Flexible setup of visualization releases from chart overloading
The system has a dashboard enabling one to look after 28 pairs at time frames from M5 to D1
You can change main parameters of the system right from the chart
The optimization of parameters of the trend determination by pressing "Find Best Parameters" button
The visualization of signals by rectangles gives the most true information about the system efficiency in the past. Rectangles clearly show the price range of signal life unlike arrows which can point either at Low or High of the candle.

Requirements

  • Minimal deposit: any
  • Account type: any
  • Currency pair: any
  • Time frame: M5 - D1

Parameters

•    ShowSignalBoxes - to show past signals by rectangles

•    ColorBars - to color bars correspondingly to price deviation from its median
•    ShowCloseSignals - to show close signals by bubbles
•    BarsCount - the depth of history for calculation
•    RegressionDegree - the degree of regressions used to calculate price deviation from its median
•    DeviationFactor - the coefficient of price deviation
•    ScalpingPeriodCoeff - the period's coefficient of regressions used to calculate price deviation from its median
•    SignalColor - deviation percent that is necessary to form entry signal
•    CloseColor - deviation percent that is necessary to form exit signal
•    Dynamic_Period - the period of volatility for calculation of signal line
•    Dynamic_Range - the coefficient of volatility for calculation of signal line
•    MinBoxSize - the minimal size of signal rectangles in points
•    TrendCalcPeriod - the period of moving averages used for trend detection
•    TrendCalcMethod - the type of moving averages used for trend detection
•    RangeCalcMethod - the method of trend channel calculation to determine support and resistance
•    BandsRange - the coefficient of trend channel width to determine support and resistance
•    OptimizationPeriod - the depth of history for optimization of trend parameters
•    Alert_Open - alert at entry signal
•    Alert_Close - alert at exit signal
•    SendMail_Open - e-mail at entry signal
•    SendMail_Close - e-mail at exit signal
•    SendPush_Open - push notification at entry signal
•    SendPush_Close - push notification at exit signal

Please read the manual for complete description of the system's functions and trade recommendation

Reviews 2
Peter Maggen
1537
Peter Maggen 2022.12.08 21:52 
 

Great tool. I recommend.

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MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction. - Hide and show control panel wherever you want. - Detect OBs on multiple timeframes. - Select OBs quantity to display. - Different OBs user interface. - Different filters on OBs. - OB proximity alert. - ADR High and Low lines. - Notification service (Screen alerts | Push notifications). Summary Order block is a market behavior that indicates order collection
Bomb Bank Signal
Igor Pereira Calil
5 (1)
Indicators
Bomb Bank Signal: Your Trusted Indicator for MetaTrader 4 The Bomb Bank Signal is a powerful indicator for MetaTrader 4, designed to identify the most relevant trends in the financial market. If you are looking for a tool that accurately anticipates movements, Bomb Bank is the ally you need. How it Works: This indicator combines three distinct methods – volume analysis, candle closes and symmetrical trend – to detect and signal buying and selling opportunities. Bomb Bank is like a "bomb"
Trins
Ivan Simonika
1 (1)
Indicators
One of the main definitions for monitoring the currency market is the trend. The Trins indicator is designed to display the trend in a visual form. Trend is a stable direction of price movement. To find it, the indicator uses calculations designed to smooth out sharp fluctuations that do not affect the overall picture of price movement. The trend can be increasing (bullish trend) and decreasing (bearish trend). In most cases, the trend is growing for a long time and drops sharply, but in all
Btc Mine Buy Sell Indicator
Brian Rye
Indicators
BTC Mine Indicator  This is one of the best BTC buy and sell indicators for making big profits any time frame for BTC. The indicator is based off the open of the most critical areas of volume, volatility and price action. It is designed as you see by screenshots to be fast paced  taking advantage of every opportunity. It is a indicator that is a step ahead of the market swings and reversals that allow for  getting in the trade at the right time after the volatility when the move is the most t
ECM Channel MT4
Paulo Rocha
Indicators
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
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Free Scalping System
Vitaliy Kryukov
Indicators
Free Scalping is a comprehensive manual system developed for the most efficient trading at any market conditions and time scale. The system is based on two main blocks: 1. The block of trend determination that calculates dynamic support and resistance. The function of auto-optimization is available for this block. 2. The block of price deviation from its median based on the big set of regressions to get the statistically-valid result. Entry rules For buys: 1. The trend goes up 2. The pr
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Overall Grid Assistant
Vitaliy Kryukov
5 (2)
Utilities
Overall Grid Assistant trading panel is a fully-featured tool for building grids of orders and semi-automatic management of them. The panel has flexible settings of lot multiplier and distance between orders and also a lot of functions protecting the deposit from big losses. The panel has separate independent tabs for grids of buy and sell orders. Grids build for losing trades opened manually or by another EA which can be chosen by magic number, comment or ticket. There is a possibility to dec
Find Divergence
Vitaliy Kryukov
Indicators
The most handy indicator for searching classical and hidden divergences either between price chart and an oscillator-type indicator or between two oscillator-type indicators. Just drop the indicator on the chart at which 1 or 2 oscillators are executed (see the video below). The indicator doesn't require setting-up. You have just to choose the operation mode: to search divergences between price chart and an oscillator or between two oscillators.. Switch between classical and hidden divergen
Soft Fine Grid EA
Vitaliy Kryukov
Experts
Soft Fine Grid EA is a fully automatic expert advisor using the very accurate strategy for both initial and grid orders. The EA can trade any currency pairs with one preset that provides high diversification and smooth growth of equity. In spite of using grids the EA is designed to long-term trading with minimal risk. Monitoring: https://www.mql5.com/en/signals/2041982 Requirements Minimal deposit: 1000$ Account type: any Currency pairs: any Time frame: M1 Преимущества Long-term trading Smal
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Peter Maggen
1537
Peter Maggen 2022.12.08 21:52 
 

Great tool. I recommend.

doctor222
49
doctor222 2021.02.13 18:10 
 

Нужно тщательно отбирать пары. На некоторых - очень много ошибок. Еще проверю - потом напишу.

Reply to review
Version 1.1 2020.04.17
Zero divide error occuring at calling the review panel when there is a lack of instruments is fixed.