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US30 Break Scalp

90 USD

Demo downloaded: 216

Published: 20 January 2023

Current version: 1.6

US30 Break Scalp

Name: US30 Break Scalp
Price: 90.00 USD
Author: Vitor Manuel Goncalves Pinto

Experts
Vitor Manuel Goncalves Pinto
Version: 1.6
Updated: 13 February 2023
Activations: 5

This Expert Advisor trades based on a specific range breakout within a specific hour using scalp techniques. It does not use dangerous techniques like martingale. It only opens a maximum of 3 trades per day (default settings).

The default settings are optimized for IcMarkets, FTMO and MFF (set file in the comments) although it can be used with other brokers, you just need to confirm the hours input.

Despite this Expert Advisor presents good results in backtesting and for this month (January 2023) the results are consistent with live and demo accounts this does not mean it will continue performing like this, as you may know we cannot predict the future, so Past Performance Is No Guarantee of Future Results.

The EA presents a low drawdown, however don't use this EA in an account with less than 1000$.

Use this only on US30, USTEC, DE40 5 or 30 min timeframe (set files on comments), however this can be used in other index's or currencies but it needs to be tested.

Inputs:

Magic Number -> Magic number used by the EA

Lots -> Lots

Max Lots -> Max allowed lots

---Dynamic lot size settings

DynamicLots -> Turn on/off dynamic lot size

If dynamic - Lots per Balance -> If DynamicLots true, how many Lots should be used per balance. (Example: Lots = 1 and lots per balance 1000$, if you have 2000$ in your account it will open a position with 2 lots. For each 1000$ in your account it will add 1 lot).

---Risk reward settings

Stop loss PIPs -> Stop Loss

Reward -> Reward based on SL

Max Trades per day -> Max trades that EA can open per day

---Hour settings

Operation start -> Should correspond to 12:30 P.M (GMT) in your Market Watch Terminal

Operation end -> Should correspond to 13:30 P.M (GMT) in your Market Watch Terminal

Close operation day -> Should correspond to 20:00 P.M (GMT) in your Market Watch Terminal

---Trade management

Activate trail Algo -> Turn on/off trail stop algo

Pips to trigger trail algo -> Distance to activate the trail stop

Pips Trail algo -> Trail pips

Trail by step -> If it should trail by step

Require to enter range -> If needs to enter the range to open new trades

more...

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Ka Kui Chan 2023.01.31 15:05 #

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Reply from developer Vitor Manuel Goncalves Pinto 2023.02.10 21:28 #

Thanks for your review. If you have any questions just let me know.
Since your review I have a new set file for us30 symbol that you may find interesting Response to edit: about the sl being too big when there’s a slippage the ea updates the sl to always keep the same risk. About the results I’m comparing everyday the results on live account and backtest they are very similar (icmarkets), I’m always looking for ways to improve. If you can tell me which broker you are using so I can do some test and find ways to improve. Thanks

Version 1.6 2023.02.13

-Added the possibility to add a margin to the entries (like a threshold)

Version 1.5 2023.02.09

-Add the possibility to add comments

Version 1.4 2023.02.05

-Added a spread filter

Version 1.3 2023.01.21

Performance and entries improvements.

Version 1.2 2023.01.21

- Improved performance
- Improved entries for a better chance of profit