Market / MetaTrader 5 / Experts /

RangeScalper

FREE

Published: 10 June 2022

Current version: 1.4

RangeScalper

3.2

Experts
Ndumiso Mavuso
Version: 1.4
Updated: 18 June 2022

The strategy is based on finding top and bottoms during the night flat range. The night flat range usually lasts during the Pacific and Asian trading session and is characterized by low volatility. Most night scalpers have one weakness, that is, small gains and few big losses which wipe all the small gains. This Scalper is using Neutral network to avoid days that can potentially have high volatility and result in big loses, Neutral network does this accurately. The Neutral network has currently been trained for EURUSD pair. More pairs will be added in future

Input parameters:

EA_Magic = 99977;
maxlot = 0.10;//Maximum lot before slippages occur[0 - Disabled]
fixedLot = 0; //Fixed lot [0 - Disabled]
Percent_loss =5; //loss % per trade[Calc from max points loss of 500(50pips)]
Back_Test_Settings = "Set your broker's GMT offset only for Back_test";
GMT_Offset_hours = 3; // -/+

Requirements

Symbol: EURUSD.
Timeframe: M5.
Account type: HEDGE.
Low spreads + high quality execution.

If back test results are profitable on your broker then its safe to test it live. The EA will update you if the broker is suitable or not for the strategy after it has taken few trades.

more...

84118641 2023.02.23 00:41 #

It works really well. Backtested it back to 2010 On EUR/USD . The only issue I ran to that gives error code : EA only works on Hedge Accounts not sure how to open or find it since most Forex Brokers offer Net Accounts.

126

vakuchi 2022.08.20 07:56 #

Backtest very promising. I'll try in a demo account and give feedback. Thanks for sharing

207

Lalit Kumar 2022.11.25 10:50 #

Excellent !!!

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Filter:

3192

Bin Jumahat Johan 2023.05.05 18:41 #

No trade

84118641 2023.02.23 00:41 #

Ever Perez 2023.01.16 18:58 #

No hace nada en todo el mes

207

Lalit Kumar 2022.11.25 10:50 #

Excellent !!!

13013

Cristian Mihail Pauna 2022.09.27 06:50 #

Negative feedback!

126

vakuchi 2022.08.20 07:56 #

Backtest very promising. I'll try in a demo account and give feedback. Thanks for sharing

164

Lativ_ 2022.06.16 20:57 #

User didn't leave any comment to the rating

Version 1.4 2022.06.18

-Bug fixes

Version 1.3 2022.06.16

-Algorithm improvements

Version 1.2 2022.06.13

-Minor bug fix

Version 1.1 2022.06.12

- Minor bug