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Scalper Forex Expert

60 USD

Demo downloaded: 92

Published: 20 August 2022

Current version: 1.43

Scalper Forex Expert

Experts
BPASoftware Thai Co. Ltd
Version: 1.43
Updated: 9 October 2022
Activations: 10

PRESENTATION

This EA uses several non-directional strategies that allows it to generate profits regardless of price trends.

It manages a pool of positions ("session") in a totally autonomous way

To avoid risks related to this strategy, several recovery functions have been implemented.

This makes it a reliable and secure EA, its DD remains low.

RECOVERY MODE

This EA is designed to run on several pairs simultaneously on an account.

When the DD of a session exceeds a defined value, all positions in that session are hedged and EA starts a new session, a BiDirectional grid or a hedged grid can be used as well as a recovery function. Their gains will be used to reduce the initial positions.

These Recovery modes allow you to secure your account, critical positions are frozen until the situation returns to normal.

DASHBOARD

Several graphical functions allow you to increase the profitability of this EA, for example, instead of an automatic hedging, you would like to cover a session when a resistance or support is broken, these features allow you to do so.

*** This mode is optional, this EA is designed to be fully autonomous ***

STATISTIQUES

The evolution of each pair can be viewed via the statistics module.

RISK FACTOR

As you can see from the graphs below, profits increase linearly with volume, which makes sense. Unfortunately, the DD also grows linearly with volume.

Then, we see that beyond an initial volume of 0.05 lots for a 10K account, trading becomes very risky.

So we will only trade in this security zone.

An account with a leverage of 200 to 300 is to be prefered.

PARAMETERS

General :

Magic Number
EA Identifier
Max sessions: maximum number of sessions
Time Frame - Default trading timeframe : M10

Positions Management

Initial Volume - Initial Volume of each session
First Take Profit: Take Profit of the first position (low volume)
Take Profit (ticks) : Take Profit of the sessions
StopLoss (ticks) if the max number of martingale levels is reached
Close half of the positions at break even
Timeout between 2 orders (candle)

Recovery

Max Draw Down before hedging a session (% account): if the draw down exceeds this value, the EA hedges the session and reduces progressively its size,
Unbalanced hedging coefficient: the EA hedges the position + 'x' % to be in the right direction

Grid Recovery Strategy

Allow Grid recovery strategy
Force Grid Direction
Grid volume
Leg of the grid
Grid Take Profit (ticks)
Use Dynamic TP : instead of using a TP placed on the next pending order, the EA will close the positions during trend reversals.

Martingale

Martingale, maximum number of levels (Disable:0)
Martingale Leg
Martingale coefficient

Miscellaneous

Max allowed price deviation (Points)
Order Filling Mode
Asynchronous mode - for quicker trading

NEWS

This EA does not use news to trade, it is only available for information purposes.

To enable automatic downloads, you must “Allow WebRequests” for following URL: “https://nfs.faireconomy.media/ff_calendar_thisweek.xml” (Menu: Options / Expert Advisors / Allow WebRequest for listed URL).

OPTIMISATION

This EA does not need regular optimization, just set the best Martingale and Grid leg for each currency (do not use a leg too low - minimum value: between 100 and 150) and the coefficient of the martingale (be careful, with a value too low, the EA will have difficulty closing positions, a value too high risk of increasing the DD).

Timeframe: you can use a TF between 5 and 15 minutes (or larger), the smaller the TF, the greater the profits and risks. A value of 10mn is a good compromise.

Multi sessions mode: the number of sessions should be based on the size of your account, do not use too much sessions on small accounts.

Recovery mode: the default value (10) secures your account.

For a 5k account, you can use 2 or 3 currencies and a session number of 3 with an initial volume of 0.02.

For a 10k account, you can use 4 currencies, still a maximum session of 3 and an initial volume of 0.03.

This EA is not suitable for very small accounts, use at least 1 or 2K per currency.

For optimization reasons, the dashboard does not appear in the strategy tester.

Happy trading

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Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you

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Many people like to trade XAUUSD, and I am no exception. After accumulating some trading experience and working hard, I created this Apocalypse XAU EA specifically for trading all XAU-related products, such as XAUUSD/XAUEUR/XAUGBP/XAUCHF/XAUJPY/XAUAUD. However, considering that many people may not need to trade all XAU currency pairs, but only need to trade XAUUSD, an entry-level EA becomes very meaningful. So I decided to create Apocalypse Gold, an EA specifically for XAUUSD trading. Signal dis

399 USD

Eternal Engine EA is an advanced Expert Advisor that utilizes multiple indicators and strategies, providing traders with a comprehensive automated trading tool. It offers numerous trading opportunities, is not sensitive to spreads, and employs strict entry points to precisely initiate each trade. The strategy has proven itself in real market, with a year-long real-time signal of low DD.Whether you're a beginner or an experienced trader, Eternal Engine EA offers an exceptional trading experience.

599 USD

Presentation Another indicator that makes scalping on tick charts easier, it displays an Heiken Ashi graph in Ticks. It allows to detect entry points and trend reversals. Recommended number of ticks in a candle : 5, 13 or 21. Parameters Ticks in candle: Number of ticks in a candle (default 5), Displays Trend arrows : displays a trend arrow based on EMA8 and EMA20 crossing, Displays MM50, Displays MM100, Max Candle (CPU): number of candles max to manage, low value will save ressources of

FREE

Overlay indicator on chart between 2 pairs The Timeframe Overlay indicator displays the price action of timeframes on a single chart, allowing you to quickly assess different timeframes from a single chart. The advantage is to observe and follow the correlations of price movements in real time to help you find potential trades at a glance. ---- Symbol 1 ---- Symbol = EURUSD Correlation Inverse = false Display = true Ratio

FREE

Ilan is a well known algorithmic trading system with its advantages and inconveniences. He is reputed to have good results when the prices are in a range but also to blow up the accounts in the case of strong trend. From a basic Ilan system, I added a trend filter to detect range periods, so that it trades only during these periods. I have also added a feature allowing it to adapt to economic news, it will not trade from one to several hours before and after a news depending on its importance. O

60 USD

Multi-Timeframe Chart Overlay Indicator The Timeframe Overlay indicator displays price action for multiple timeframes on a single chart, allowing you to quickly assess different timeframes from a single chart. The advantage is to observe and follow the correlations of price movements in real time to help you find potential trades at a glance. ---- Symbol 1 ---- Symbol = EURUSD Correlation Inverse = false Display = true Ratio

30 USD

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Version 1.43 2022.10.09

Fixed a bug in the session

Version 1.42 2022.09.16

Fix several bugs