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Lazy Scalper MT4

5

Lazy Scalper is fully automated, it is built based on the break-out strategy by calculate the signal from the ZigZag Indicator (strategy 01) or Fractal Indicator (strategy 02).

This EA does not use any martingale or grid functions and follows a logical concept and it is suitable for both beginners and experienced people.

The Backtests shown in the screenshots were done with default settings. It may not be the best or the worst. Please download the free demo to experience your own.

suggestion:

  • Trading pairs : EURUSD, USDJPY, GBPUSD, XAUUSD
  • Timeframe    : H1
  • Brokers         : Low Spread

Parameters of the EA:

-------- <EA Settings> --------

Magic Number: The identifying (magic) number of the currently selected order.

Bot name: Name of the Expert Advisor.

-------- <General Settings> --------

Allow Buy Trades: Allow the EA to place buy orders

Allow Sell Trades: Allow the EA to place sell orders

Maximum allowed slippage

Maximum allowed spread

Entry strategies: choose an entry strategy (Including: Strategy 1 and Strategy 2)

-------- <STRATEGY 01> --------<ZigZag Indicator>

Depth: the parameter allows the specification of the minimum number of periods.

Deviation: the percentage once the previous maximum or minimum is formed.

Backstep: the last set up and it reflects the minimum amount of bars between which the maximums and minimums can be draw.

-------- <STRATEGY 02> --------<Fractal Indicator>

Left Bars Sensitivity: number of bars on the left of the extremum.
Right Bars Sensitivity: number of bars on the right of the extremum.

-------- <Trading Settings> --------

Trading Volume: calculation mode for Lot size.

Fixed Lots: Lot size for each trade if the fixed trading volume mode is chosen.

Risk Percentage of Balance (%): The lot size for each trade will be calculated so that the set percentage of your account will be lost if hitting stoploss.

SL (in Pips) (0 = No SL and Fixed Lots)

TP (in Pips) (0 = No TP)

Dist from [H], [L] to OP_Price (in Pips): distance from highest and lowest to Open price.

Trailing stop Trigger Pips (0 = Inactive): minimum profit to activate trailing

Trailing stop (in Pips): distance behind the current market price (Bid, Ask).

Trailing stop Step (in Pips)

-------- <Trading Time Settings> --------

Trading Time Filter: enable/ disable sending orders in allow time. (Server time)

Start Hour: hour to start trading.

Start Minute: minute to start trading .

End Hour: hour to stop trading.

End Minute: minute to stop trading

-------- <Drawdown Settings> --------

Drawdown Monitoring: enable/ disable drawdown control function

Max Daily Drawdown (%): maximum value of drawdown in a day.


Reviews 1
Akhror Norboev
148
Akhror Norboev 2024.01.25 10:17 
 

I recommend using a useful robot to everyone

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Turn any trading strategy into a position trading strategy or trade the proven RSI & ADR based position trading strategies, including automated drawdown control system for positions that move against you. This EA is an evolution and a simplification of the MRA EA that has been used for position trading strategies taught on the Market Structure Trader website for many years. See my profile for a link to the website, free position trading course and other products. The EA will automatically scale
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Alert Msg to Market Order
Nguyen Quoc Hung
5 (2)
This EA is fully automated , it is built based on  the method of catching the pop-up Alert event and Open Market Orders (BUY/SELL) . Download trial version here:  https://www.mql5.com/en/blogs/post/751340 ***NOTE:   It is recommended to remove the available filter settings, only install the filter for your indicator. Parameters of the EA: -------- <EA Settings> -------- Magic Number:   The identifying (magic) number of the currently selected order. Allow Open trade:   Enable/ Disable Open Trad
This EA is fully automated , it is built based on  the method of catching the pop-up Alert event and forwarding them to Telegram Channel/Group. Parameters of the EA: -------- <EA Settings> -------- Magic Number:   The identifying (magic) number of the currently selected order. Bot name:   Name of the Expert Advisor. -------- <Telegram Settings> -------- Telegram Bot Token: Each bot is given a unique authentication token when it is created. Telegram Chat_ID: Unique identifier for the target cha
Paracel EA MT4
Nguyen Quoc Hung
Paracel EA is an advanced and fully automated Expert Advisor designed to help traders navigate the complexities of the financial markets. Using a sophisticated strategy based on the Supertrend indicator and another built-in indicator, Paracel EA can analyze market conditions and identify trading opportunities with remarkable precision. The EA is equipped with a range of powerful features, including martingale functions, to help maximize profits and minimize risks. Whether you're a seasoned trad
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This indicator converted from 5 min Buy and Sell Range Filter - guikroth version on TradingView Popularity of the Range Filter The Range Filter is a very popular and effective indicator in its own right, with adjustments to the few simple settings it is possible to use the Range Filter for helping filter price movement, whether helping to determine trend direction or ranges, to timing breakout or even reversal entries. Its practical versatility makes it ideal for integrating it's signals into
Symbol changer MT4
Nguyen Quoc Hung
5 (1)
- The Symbol Changer Utility for MetaTrader is a tool that enables traders to switch between various symbols on the MetaTrader trading platform easily and quickly. - It is designed to change the symbol of the current and all open chart windows and the timeframe of the current chart window (by clicking the button). - The tool retrieves symbols from the Market Watch, displaying only the necessary symbols in the market watch.
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This indicator converted from 5 min Buy and Sell Range Filter - guikroth version on TradingView Popularity of the Range Filter The Range Filter is a very popular and effective indicator in its own right, with adjustments to the few simple settings it is possible to use the Range Filter for helping filter price movement, whether helping to determine trend direction or ranges, to timing breakout or even reversal entries. Its practical versatility makes it ideal for integrating it's signals into
Lazy Scalper MT5
Nguyen Quoc Hung
Lazy Scalper is fully automated, it is built based on the break-out strategy by calculate the signal from the   ZigZag Indicator (strategy 01)   or   Fractal Indicator   (strategy 02). This EA does not use any martingale or grid functions and follows a logical concept and it is suitable for both beginners and experienced people. The Backtests shown in the screenshots were done with default settings.   It may not be the best or the worst.   Please download the free demo to experience your own. su
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Akhror Norboev
148
Akhror Norboev 2024.01.25 10:17 
 

I recommend using a useful robot to everyone

Nguyen Quoc Hung
3328
Reply from developer Nguyen Quoc Hung 2024.01.25 11:00
thanks!!!
Reply to review
Version 1.12 2022.12.17
- Add function: Close All trades on Friday.
Version 1.11 2022.12.14
Fixed bug: trading time
Version 1.10 2022.12.12
Bug Fixes
Add Order Expiration time