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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
1566
Peter Maggen 2022.12.08 21:52 
 

Great tool. I recommend.

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Indicators
Introduction Excessive Momentum Indicator is the momentum indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and
Stochastic Basket Currency Strenght
Dario Pedruzzi
Indicators
The Stochastic Basket Currency Strenght  brings the Stochastic indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the SBCS take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD pairs and with full automation takes in account every stochastic value (main line) for the selected Time Frame.  After that, the indicator
Delta Volume Indicator
Azeez Abdul Jimoh
Indicators
Introducing the Delta Volume Profile Indicator - Unleash the Power of Institutional Precision! Technical Indicator: Are you ready to trade like the pros? The Delta Volume Profile Indicator is no ordinary tool. It’s a high-precision, cutting-edge indicator that puts the power of institutional-grade trading in your hands. This unique indicator analyses delta volume distribution in real-time, revealing the market's hidden buy/sell imbalances that the biggest financial institutions rely on to antici
Pair Trading Station MT4
Young Ho Seo
3.67 (3)
Indicators
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
Moving Average Currency Strength Meter
Emir Revolledo
4.33 (21)
Indicators
(Currently 30% OFF) Before reading the description of this indicator, I just want to introduce to you following concept Moving Average Line - Typical moving average which is based on one chart alone.  Currency Strength Line - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the real moving average line. Moving Average indeed is one of the most popular indicator which almost every trader use. Currency Strength Meter is also a trend indicator which
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Vitaliy Kryukov
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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 price i
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Overall Grid Assistant
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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 decre
Find Divergence
Vitaliy Kryukov
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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 divergence
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 Small d
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Peter Maggen
1566
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.