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FX Scalper Robot

This is a trend following trading algorithm, not a highly risky martingale grid strategy. The strategy the uses exponential moving averages. On the 1 hour timeframe, two moving averages determine the long term direction, Bullish Trend allows only long while bearish trend allow short position enter. On the 5 minutes timeframe 3 moving averages determines the short term trend. Stop order activated on pull backs.  By default stoploss will be set when market order activated, 50% partial lot closure set at 1 x  the initial risk to achieve break even. The position will be closed at 2 times risk, if fixed take profit has been set or trailing stoploss function can be activated in the settings. The EA uses fixed lotsize that can be adjusted by the user.  I run this EA on 5minutes timeframe and tested on EURUSD pair with default settings.

Please, try it on demo account first and perform your own test.  The settings can be modified particularly the M5 moving average periods for current market movements.  You can do your own testing and optimization in strategy tester. 

I am unable to advice and recommend any settings since the future market movements are unpredictable. Risk only the money that you can afford to lose. 




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Levi Dane Benjamin
4 (3)
Revert Edge is a carefully crafted algorithm built on 7+ years of live trading experience. Its core focus is slow, steady account growth with an emphasis on long-term performance and not unsustainable, quick, short-term gains. The EA is developed to trade multiple currencies such as AUDCAD, AUDUSD, EURCAD, EURGBP, EURUSD, GBPUSD, NZDCAD, NZDJPY, USDJPY and more! It uses a mean reversion strategy and takes advantage of price levels that are sensitive to some sort of reaction which the EA takes ad
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This strategy based on the theory that a range breakout may occur after a set period of time has expired. The range time can be set by the user, also the order set time is parameter. After the range has been built, by a set time a Buy and a Sell order will be placed respectively at range High and rang Low prices. The user has control to set lot size, initial stop loss and take profit.  This expert advisor does not use martingale algorithm. In this expert advisor the average daily range (ADR) is
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Version 3.1 2022.12.12
Minor changes
Version 3.0 2022.11.27
Auto Lot Size calculator
Break Even Function
Fast trailing Stoploss
TimeFilter

Version 2.0 2022.11.06
Entry marking on chart
Minor changes