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EU Scalp

5

The expert is a combination of two strategies , first one is preset to work against the direction of the price movement and the second one is working on it , based on the probability of price breakouts or swings that occure at important trade levels .

The default settings are optimized for the EurUsd pair M15 Timeframe and the expert can be easily optimized using just "Open Price" mode because the opening and closing of trades take place only on new candle open (can be modified by setting "Trade On New Candle" parameter to "false" ). 

Lot zise can be fixed (manual) or auto , calculated by the size of the account balance . If auto -lot size is used , the lot size is not lowered if "Keep Higher Lot" parameter is set to "true" .

Profit and loss factor are calculated in accordance with lot size .

The expert has also a built-in safety feature if drawdown gets larger than a certain percent (input by user-preset to 50%) of the account balance .

If one of the two strategies starts opening orders , the other one waits until all orders are closed .

Optimized parameters for other pairs - Comments section , comment #24 .

EU Scalp is made up by 2 strategies , but using the same parameters , one is set up to trade with the trend and the other against the trend . If Auto Lot is set to true , then the first "Lots" parameter is disregarded , if Auto Lot is set to "false" then "Lots" is used for both strategies .
Lot size calculation : if "Risk S1" (risk set 1) is set to 20 and you have a 1000 $ account , then the computed lot size will be 0.20 lots , same calculation is applied to strategy 2 , if "Risk S2" = 10 , on a 1000 $ account , lot size will be 0.1 lots and it is diplayed on chart as a comment so that you know the size of the next lot size .

Then come the settings for the first strategy , which you can use or not use by setting "Use Set 1" to true or false .
By setting "Trade Long" or "Trade Short" parameters to true or false you can enable or disable longs or shorts on the first strategy .
The expert displays the red and blue lines as sell or buy levels of the 2 strategies and the trades are executed only if the candle closes above or bellow them , if the price just touches the line and returns quickly , trade is canceled .

Sell OffSet and BuyOffSet places the lines above or bellow the trade level calculated by the "Level" parameter . If the "Level" parameter is set to 350 for example , it calculates the highest and the lowest price of the last 350 candles from the chart. If you set the SellOffSet and BuyOffSet to zero you will see the actual trade levesl calculated by the "Level" parameter .
I made the offset parameters so that the trade levels can be optimized . BuyOffSet and SellOffSet can take both positive and negative values and they are set in points .

Stochastic Period , is used within the stochastic indicator so that the expert can change trade levels . the lower it is the faster it changes .

Profit factor and Loss factor are dependent on lot size , if profit factor is set to 2 and you use a 0.02 lot size , then the profit will be (if achieved) 0.02lots*100 *2profit factor = 4 $ ( or another currency). Calculation for Loss Factor is the same .

The second strategy has the same parameters , but it is preset to place trades against the determined price movement .

Reviews 2
Brou Ebo Exson Isaac
123
Brou Ebo Exson Isaac 2023.03.23 00:05 
 

Best EA so far..... It made me more than 20% of my account in two weeks....

ElisaP
743
ElisaP 2022.03.31 15:18 
 

After 6 months of use I can confirm that this expert is excellent

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New Year, New Opportunities: Get 8 activations for just $399 USD. Hurry – limited quantity available! 2025 is here, and it’s time to take your trading to the next level. Start the year strong with Boring Pips EA – your reliable trading solution: - Proven, tracked signals - Easy to install - 100% automated Don’t miss this opportunity to trade with confidence and precision. Secure your Boring Pips EA now. Have you ever wondered why most expert advisors are not effective in live trading, despite t
CoreX G MT4
Arseny Potyekhin
5 (7)
Experts
Overview The CoreX G EA is an advanced trading system specifically designed to tackle the complexities of the Forex market. By leveraging cutting-edge neural networks, sophisticated machine learning technologies, and an integrated big data strategy, CoreX G delivers exceptional accuracy and security in trading. This Expert Advisor (EA) stands out due to its technological excellence and premium customer support, ensuring users are always assisted with any questions or concerns. Signals:   Live
AW Recovery EA
AW Trading Software Limited
4.37 (78)
Experts
The Expert Advisor is a system designed to recover unprofitable positions. The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a lower deposit load, which ensures saf
Vortex Gold MT4
Stanislav Tomilov
Experts
Vortex - your investment in the future The Vortex Gold EA expert Advisor made specifically for trading gold (XAU/USD) on the Metatrader platform. Built using proprietary indicators and secret author's algorithms, this EA employs a comprehensive trading strategy designed to capture profitable movements in the gold market. Key components of its strategy include classic indicators as CCI and Parabolic Indicator, which work together to accurately signal ideal entry and exit points. At the heart of V
Reverse Grid MT4
Connor Michael Woodson
1.8 (15)
Experts
Reverse Grid enters positions in the opposite direction of a normal grid, exponentially increasing position size in the direction of the trend before reaching a large take profit. IMPORTANT! Contact me after purchase for instructions and a bonus! Reverse Grid live signal coming soon! Current price will be increased. Limited time price 75 USD Smart take profit system, the EA predicts when to exit before price reverses Relatively low potential drawdown compared to a regular grid Recommended Char
Bitcoin Scalp Pro
Profalgo Limited
5 (3)
Experts
NEW PROMO: Only a few copies copies available at current price Final price: 999$ NEW: Choose 1 EA for free! (for 2 trade account numbers) Make sure to check out our " Ultimate EA combo package " in our   promo blog ! LIVE SIGNAL Bitcoin Scalp Pro is a unique trading system on the market.  It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdown
One Gold MT4
Stanislav Tomilov
4.64 (11)
Experts
Introducing One Gold EA, a sophisticated trading robot for gold on the Meta Trader platform, developed to assist traders with advanced market analysis. Our proprietary technology leverages neural networks and data-driven algorithms to analyze both historical and real-time gold market data, providing insights that can aid in decision-making. Unlike traditional manual strategies, One Gold EA operates with minimal intervention, streamlining the trading process and aiming to reduce associated risks.
Ai Major EA MT4
Indra Maulana
5 (1)
Experts
39% off, only for the next 10 buyers(6 left) (Original price: $680) 50% bonus by purchasing this Robot, Contact us "after purchase" to receive the bonus A fully automatic expert Designed and produced 100% by artificial intelligence, with the world's most advanced technology All trades have profit and loss limits, with the best and least risky market strategy, without using dangerous strategies such as Martingale and hedges, etc. A specialist who has been trained by artificial intelligence for
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Glimpse
Catalin Zachiu
4.67 (3)
Experts
Glimpse expert advisor uses a collection of standard indicators for opening the trades and when the conditions for opening the trades are present , they are filtered by another layer of filters/ thresholds that can be finely tuned  , so that the entries are as precise as possible . Thresholds can be set from 1 to 100 when filtering the effective opening of a new trade . Every order has a StopLoss and a TakeProfit value , no dangerous practicies are used , like martingale or other lot increase st
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GapRevScalper
Catalin Zachiu
4.86 (7)
Experts
This is a simple but potentialy effective if used right , based on trades opened if gaps occur between candles . The input values for the gap sizes are measured in points . The last gap between two candles and also the time of the gap is displayed on the chart comment . Not all brokers might be suitable for this trading robot . The testing and optimization are based on MQL 5 price history . It also has Smart Lot management function that increases lot size on wining trades and decreases lot size
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Close All If Profit
Catalin Zachiu
4.89 (18)
Experts
The expert closes all open and pending orders if a certain profit target or loss is achieved . The orders may be selected by all symbols , by magic , by symbol or by magic and symbol . The expert also has a Testing Mode only for demo testing and visualisaton which must be set to false when using live  , because with Testing Mode set to true , the expert opens orders . If you don't want it to open orders , set Testing Mode to "false".  The expert takes into consideration commissions and swaps too
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Pico Scalper
Catalin Zachiu
1 (1)
Experts
Pico Scalper is an expert advisor that uses customizable support and resistance price values for opening new trades. The support and resistance levels can be customized by selecting the number of candles ("Level" parameter) from which the expert gets the highest and the lowest price values. The highest and the lowest values of the price are drawn by the expert on the chart as blue and red lines and these levels change when the Stochastic indicator dictates it.  The Stochastic indicator period ca
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Seven AM
Catalin Zachiu
5 (2)
Experts
The EA places pending buystop and sellstop every day at 7 am in order to catch the possible breakout upward or downward for the day to come . If the orders aren't triggered they are deleted in the evening right before midnight . The default setting uses 1000 point stop and take profit and the EA has a martingale lot amplification factor wich can be enabled or disabled by the input parameter . Default setting : EurUsd , H1 timeframe . Use on H1 timeframe , forex major pairs : EurUsd , GbpUsd , Au
BreakOut Grid
Catalin Zachiu
Experts
This expert is a combination between a grid and a scalper and it uses a grid of ten pending orders , five for long and five for short , with a 500 point spacing between them with a 100 point scalp target. It has three working modes , first , the entry by level , the expert starts operation when the price aproaches an important trade level ( a former resistance or support) , second , the entry by time , launches the expert at a specific time (input by user) and the third type is continuous operat
HitAndRun
Catalin Zachiu
Experts
The system is a combination of two strategies , one complementing the other .Main strategy uses virtual trade lines in order to open it's orders and the other strategy opens one or multiple orders for achieving profit if the price moves out of a predefined range . Virtual trade lines are also based on trade channel , also having the possibility to place trades over or under the computed channel line . The same channel is also used for the second strategy , but other trade conditions are add
Tops Scalper
Catalin Zachiu
4.2 (10)
Experts
The robot places BuyStop/SellStop orders at a short distance from key price levels , trying to take advantage of the triggering of stops or pending orders accumulated at those levels . It is highly recommended to use a low slippage , low spread broker , fast computer or vps and low latency trading  server for the robot to manage to work correctly . Trades may be also managed by profit or loss in currency  canceling TakeProfit , StopLoss , TrailStop by setting them to 0 and BreakEven by setting t
Eu Scalp Indi
Catalin Zachiu
Indicators
Scalping indicator with alerts : EU Scalp indicator is a combination of two working sets , first one is preset to work against the direction of the price movement and the second one is working on the direction of the price movement , based on the probability of price swings or breakouts that occure at important trade levels . The default settings are optimized for the   EurUsd pair M5 Timeframe ,  more settings can be found in the "Comments" section at first comment . Lot zise recommandation is
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StrategyBuilder
Catalin Zachiu
Experts
Strategy Builder is an advanced and versatile trading robot meticulously crafted for MetaTrader 5, designed to empower traders with a sophisticated arsenal of standard indicators. This expertly engineered algorithm provides a comprehensive approach to trading by seamlessly integrating a plethora of indicators into a unified strategy, enabling traders to navigate the dynamic financial markets with precision and confidence. Key Features: Indicator Diversity: Strategy Builder harnesses the power o
Report By Magic MT5
Catalin Zachiu
Utilities
Having more expert advisors running on the same account , eventually leads us to the question , which one of them are winners , or which are dragging down the account ? With this in mind I created this simple utility for displaying profits or losses taken by each expert advisor over time . This utility can be run as an expert advisor and can display up to 9 magic number results  . If the inputs are left to zero , the results displayed are from the manually placed orders . It also displays deposi
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Hammer SS
Catalin Zachiu
Experts
This expert places pending stop orders using the Hammer and Shooting Star candle patterns at trade levels calculated using highest and lowest price from the last 40 candles combined with Bar Range . It is a long term expert and is especially made for the GPB/USD pair  , M 15 timeframe . All positions have Stop Loss and Take Profit and the option to be closed at the end of the day . Lot size may be fixed or % of the account equity .The expert also has TrailStop and BreakEven functions . TakeProfi
Three In One Combo
Catalin Zachiu
Experts
This is a four strategy in one EA , but two of them have the same closing conditions if the Profit Target or Stop Loss is not reached , Strategy 2 and 3. The first strategy places Buystop/Sellstop orders at key price levels with small stops and closes by implemented indicator,after a certain number of bars or Take Profit function.The user may choose what option for closing may preffer . Close by Macd Offset parameter closes the order by Macd only after the number of bars for the open order h
Assembled 3i
Catalin Zachiu
Experts
3 standard indicators are used within this expert advisor and all their parameters are configurable and optimizable .  The default settings are set for the GbpUsd pair on M15 timeframe , more settings can be found in #Post 1 in the Comments section of the product . Results are obtained using the combined power of the 3 standard indicators ( MACD , Moving Average and Stochastic ) by using diferrent decision power of the indicators and optimized values of each indicator setting . Only one order at
Report By Magic Number
Catalin Zachiu
4.8 (5)
Utilities
Having more expert advisors running on the same account , eventually leads us to the question , which one of them are winners , or which are dragging down the account ? With this in mind I created this simple utility for displaying profits or losses taken by each expert advisor over time . This utility can be run as an expert advisor and can display up to 10 magic number results  . If the inputs are left to zero , the results displayed are from the manually placed orders . It also displays depos
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Eusd48LevelScalper
Catalin Zachiu
Experts
This system is a long term scalper with a 200 Point profit target . It opens an order following the direction of the price movement after a trading level is breached and the breach is large , following the momentum of the price movement . The order is closed using Macd indicator if it isn't closed with profit .        The best results are on the EUR/USD pair on the H1 timeframe  . The system also has a "lot" management function and I recommend not risking more than 1% of the account equi
HR RSI Scalper
Catalin Zachiu
Experts
The EA buys when RSI is overbought and sells when RSI is oversold with a 100 Point Profit Target and a 1000 Point Stop . If the result from the first trade is positive , the EA will open the next order in reverse , buying when the RSI is oversold and viceversa untill it gets a loss . If it gets a loss it reverses order direction again .     The "HR" from the name comes from "High Risk" because if it gets, a loss it will recover it by increasing Lot size with the help of the implemented Recove
Level Harvester
Catalin Zachiu
Experts
The robot places limit and stop orders at key price levels and closes orders , or the basket of orders  when the profit target is reached .If the profit target is not reached by the first opened order it makes use of the power of accumulation , it accumulates orders untill the profit target is reached .         Profit Factor is calculated using lot size , for 0.01 lots the profit should be 1$ if the Profit Factor is set to 1, 10$ for 0.1 lots ,100$ for 1 lot and so on .Profit Factor and Los
Tops RangeR
Catalin Zachiu
Experts
The expert places limit orders above or bellow key price levels (support and resistance) trying to buy lower and sell higher than the key price levels and when the total sum of buy orders, in currency or the total sum of sell orders reaches the profit factor or the maximum loss factor allowed the EA closes all opened orders. The LotMultiplier parameter multiplies lot size in accordance with floating loss and it also influences the Profit Factor parameter and Max Loss Factor parameter. If you don
Lite Expo
Catalin Zachiu
Experts
This expert advisor is built mainly for  EUR/USD pair H1 timeframe . It is a very simple robot that sells on bull candle and buys on bear candle . If the profit is not reached after the first buy order or sell order , then the expert is preset to wait for a number of candles to form  , then it starts to open orders again , cummulating the orders in order to achieve profit .Lot size is slightly increased after a certain number of orders if the profit target is not reached . Profit may be input in
Breakout In Japan
Catalin Zachiu
Experts
The expert places pending orders around important trade levels and if they are activated whithin the input validity of the order they may be closed by Take Profit , Stop Loss , by implemented indicators (Williams Percent Range , Bollinger Bands , Momentum) or by the number of candles passed since the order has opened . It also has BreakEven , TrailStop and AutoLot management functions . Preferred pair : USD/JPY ; Timeframe : H1 ;
Linear Weighted MA on EurUsd
Catalin Zachiu
Experts
The expert uses Linear Weighted Moving Average to place pending stop orders , in combination with Dark Cloud Cover and Piercing Line candle formations . The closing of the orders is done using the newly formed highs or lows of the price .        The EA is made for long term trading and it is built specially for EUR/USD pair . Recomended TIMEFRAME H1 . Pair EUR/USD . Parameters : Lots-for fixed lot size . Manage Lot- true/false; Risk Percent - if Manage Lot is set to true ; StopLoss / Take
SR Doji EurUsd
Catalin Zachiu
Experts
This expert uses suport and resistance in combination with ATR to place pending orders at those levels . For closing it uses Doji candle pattern or the closing at the end of the day . It is mainly built for the EUR/USD pair , M 15 Timeframe . Every position has Stop Loss and Take Profit , does not use grid , martingale or other dangerous trading methods . The expert also has Trail Stop and Breakeven functions for users who want to use them .  Recommended on : EUR/USD only - M 15  Timeframe .
Neural Links
Catalin Zachiu
5 (1)
Experts
The expert is built using three lairs of neurons for each side , long/short and they are all conditioned by a complementary one which is used as a filter . The trading direction is reset if the first lair of neurons give an oposite signal . The expert is mainly built for the EUR\USD , GBP\USD pairs , M15 timeframe .  All settings are available in the "Comments" section in Post #1. The default set has a slightly rised level of risk , for a safer setting the "Use_Rescovery " parameter may be set t
Moving Average Twist Mt4
Catalin Zachiu
Experts
The expert is based on two moving averages , one of them is used for opening orders and the other one is used for closing , each of them having separate settings . The   "Twist"   comes from the fact that for closing the orders , the classic condition is not used , if a closing signal appears , the EA has the capability to skip the first or several closing conditions and so the chances for increased profit rises . The expert also has a buit-in recovery mode with a maximum of ten steps , in which
S Winger
Catalin Zachiu
Experts
S Winger is an expert advisor that uses former highs and lows combined with the MACD indicator in order to place its trades . The expert waits until a certain trade level is breached , then the MACD indicator is used for confirmation of the next trade to be opened .The default set uses the account currency ( made for USD , but may work with other account currencies also , if profit and max loss parameters are ajusted ) . If profit is not achieved from first trade , the expert will open more trad
Exo Scalper
Catalin Zachiu
Experts
Enter a Novel Phase of Forex Trading with the Exo Scalper Introducing the Exo Scalper, a technologically advanced forex trading solution meticulously crafted for major currency pairs. This innovative trading algorithm integrates a customizable price channel strategy with the analytical capabilities of the MACD indicator, facilitating data-driven precision in trade execution. Innovative Strategy Fusion: The Exo Scalper seamlessly combines a customizable price channel strategy with the analytic
CandleWave
Catalin Zachiu
Experts
CandleWave : Surfing the Financial Tides Introduction Are you a trader seeking the ultimate edge? Look no further than CandleWave, your strategic co-pilot for navigating the unpredictable waters of the financial markets. This expert advisor (EA) combines the ancient wisdom of Japanese candlesticks with modern analytics, creating a powerful synergy that could redefine your trading game. Features Moving Average Mastery The simple moving average (SMA) acts as your compass, guiding you through the
Hammer SS GpbUsd
Catalin Zachiu
Experts
This expert places pending stop orders using the Hammer and Shooting Star candle patterns at trade levels calculated using highest and lowest price from the last 40 candles combined with Bar Range . It is a long term expert and is especially made for the GPB/USD pair  , M 15 timeframe . All positions have Stop Loss and Take Profit and the option to be closed at the end of the day . Lot size may be fixed or % of the account balance . If Risk Percent parameter is left to zero  , the EA will use th
SR Doji EurUsd MT5
Catalin Zachiu
Experts
This expert uses suport and resistance in combination with ATR to place pending orders at those levels . For closing it uses Doji candle pattern or the closing at the end of the day . It is mainly built for the EUR/USD pair , M 15 Timeframe . Every position has Stop Loss and Take Profit , does not use grid , martingale or other dangerous trading methods . Test it with the Risk Percent parameter set to 4 and see what it can do. EUR/USD only - M 15  Timeframe .
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Brou Ebo Exson Isaac
123
Brou Ebo Exson Isaac 2023.03.23 00:05 
 

Best EA so far..... It made me more than 20% of my account in two weeks....

ElisaP
743
ElisaP 2022.03.31 15:18 
 

After 6 months of use I can confirm that this expert is excellent

Reply to review
Version 1.9 2024.05.08
Updated the default settings to EurUsd M15 timeframe .
Version 1.8 2023.09.07
Added new feature : the OnTester function returns Profit / Drawdown ratio , improving the optimization best results selection .
Version 1.7 2023.08.29
Added new parameter : MixBothStrategies .
If set to true , the orders of the both strategies can be open simultaneously . Previous versions allowed only one of the both strategies to work at a time .
The default setting of this parameter is "false" , so the previous settings are still valid .
Version 1.6 2022.01.11
Changed default settings to better ones .
Version 1.5 2021.11.25
Fixed digits display values for trade lines .
Version 1.4 2021.11.22
Fixed possible error when using different settings on the same symbol (more than one chart) .
Version 1.3 2021.11.14
Improved statistic comment on chart , added background for chart comment for improved visibility , implemented function for saving the trade levels on hard disk if mt4 is restarted , added parameter for resetting trade levels if the expert is not used for a long time , corrected expert logic simetry for reversed/not reversed strategy .
Version 1.2 2021.10.01
Added separate parameters for manual lot size inputs , added color parameters for trade lines , added description to trade lines , added parameter for enable/disable trading only on new candle .
Version 1.1 2021.02.15
Taken out skip buys and skips ells parameters , added separate auto risk settings , modified the default settings with better ones .