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Awesome Scalper Pro

Demo downloaded: 293

Published: 18 October 2022

Current version: 23.0

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Overview
Reviews (3)
Comments (29)
What's new

Awesome Scalper Pro

Name: Awesome Scalper Pro
Rating: 5 (2 reviews)
Author: Nga Ngan Wan

Experts
Nga Ngan Wan
Version: 23.0
Updated: 29 March 2024
Activations: 10

Trading Algorithm:

Awesome Scalper Pro utilizes the William Percentage Range (W%R) indicator to identify oversold or overbought entry points.

A flexible grid system is incorporated to recover from losing positions. This system is designed to trade only at designated oversold or overbought levels.

Furthermore, safety mechanisms such as hedging, drawdown reduction, and timeframe adjustments are implemented to minimize drawdown.

Live Signal:

Running over 17 months, Tickmill account starting with 1K initial deposit: https://www.mql5.com/zh/signals/1741560?source=Site+Signals+From+Author

Running over 1 year, Tickmill account starting with 5K initial deposit: https://www.mql5.com/zh/signals/2200630?source=Site+Signals+From+Author

Running over 1 year, IC account starting with 8K initial deposit: https://www.mql5.com/zh/signals/1863363?source=Site+Profile+Seller

Running almost 1 year, Exness account starting with 3K initial deposit: https://www.mql5.com/zh/signals/2200674?source=Site+Signals+My

Features:

No Curve Fitting

Spread Filter

Hedge System

Flexible Grid System

User-defined Averaging Lot Size

Innovative and Advanced Drawdown Reduction System

Backtested with 15 years of tick data at 99.9% modeling quality

Recommended Pairs:

AUDCAD

NZDCAD

CADCHF

GBPCAD

AUDNZD

V23.0 Set Files: https://www.mql5.com/zh/market/product/87681?source=Site+Profile+Seller#!tab=comments&page=2&comment=54329845

Note: The provided settings file is for 0.01 lot size. If you trade with a higher lot size, you need to adjust the averaging lot size setting accordingly.

Timeframe: 5 minutes (5M)

Account Type:

An ECN account with a leverage of 1:100 or higher is recommended.

Initial Deposit:

For each pair, a recommended initial deposit of USD 1,200 per 0.01 lot is suggested.

You can trade with a lower initial deposit, but it is advisable to have sufficient cash reserves to handle significant drawdowns caused by unexpected market movements.

more...

682

jonasw 2023.10.29 09:14 #

Been renting it for the 3rd month with good result, but best of all, very low DD so far. Experienced few settings issue at the beginning but author is very supportive in solution.

337

Keito-to Tamaki 2022.10.28 17:13 #

It's very stable and much less of drawdown. I really recommend this EA to prudent operation.

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Filter:

491

Mehdi El Mawla 2024.12.26 22:46 #

User didn't leave any comment to the rating

682

jonasw 2023.10.29 09:14 #

Been renting it for the 3rd month with good result, but best of all, very low DD so far. Experienced few settings issue at the beginning but author is very supportive in solution.

337

Keito-to Tamaki 2022.10.28 17:13 #

It's very stable and much less of drawdown. I really recommend this EA to prudent operation.

409

Reply from developer Nga Ngan Wan 2022.10.28 17:17 #

Thank you for your comment. I am testing it every day and thinking ways to improve it.

Version 23.0 2024.03.29

Major Update:
Add: AbsoluteAvg Pips: Enter into the next grid when the averaging pips pass a certain threshold, regardless of prohibited trades and other restrictions.
Add: No of Absolute Trades: Set the number of absolute trades that can be opened.

Version 22.0 2024.03.10

Major Update:
Add: Trend following for 1st order: can set the 1st order to following the trend differs from the averaging orders.
Add: Ad Hedge TP pips: can set the advanced hedge orders to have TP pips differs from the normal hedge orders.

set files available

Version 21.0 2023.10.08

Major Update:
Add Stop Opening New Trade Function: Stop opening a new trade when current positions closed.
Add DD Reduction 1st stage: Additional phase of drawdown reduction has been implemented.
New Set Files are available

Version 20.0 2023.08.06

Major Update:
Add Trend Following Function: Following the trend based on moving averages and the Williams Percent Range (WPR).
Add Prohibit Trading Function: Preventing buying or selling at overbought or oversold levels.
New Set Files are available

Version 19.0 2023.05.21

Bugs Fixed.
Add RSI in DD Reduction
New set files available

Version 18.0 2023.01.15

Bugs Fixed
New set files available.

Version 17.0 2023.01.02

Major Update:
Add the following functions:
Ad Hedge MinAvg Pips: allow to set the minimum step for advanced hedge order.
Ad Hedge Limitation: limit the number of advanced hedge order.
OrderStoploss Bars: set the stoploss based on the number of bars.
Initial Timeframe Shift: allow to change the timeframe when certain number of order reached.
Initial Period Shift: allow to change the period: allow to change the timeframe when certain number of order reached.
Non-Profit Hedge MinAvg Pips: allow to set the minimum step for Non-Profit advanced hedge order.

Version 16.5 2022.11.10

Major Update:
Add: Advanced hedge setting: allow to change the timeframe and period of hedge order.
Non-profit hedge period: allow to change the period of hedge order.
Period shift: allow to change the period of order when DD reduction is activated.

New set files are available.