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Euro Scalper MT4

The Expert Advisor trades in the direction of the current trend, the algorithm is based on calculating the width of the trading range for a given interval and assessing price movements on short time intervals. If the impulse value exceeds a specified percentage of the trading range, a position is opened in the direction of the trend. The impulses are also additionally filtered using a special technique.

When evaluating impulses, the tick history inside the bar is not used.

The algorithm uses explicit control of bars - trading is performed on the formed bars only. This protects test and trading results from tick history errors, does not overload the terminal and increases the speed of testing and optimization as they can be run in Open prices only mode.

This EA has maintained its profitability since 2012, since its first publication, without significant algorithm adjustments and parameter optimization.

It trades relatively rarely, on average 3-5 trades per month, since strong price movements do not occur often. Historical drawdown does not exceed 25% when trading 0.1 lot per $ 1000 of the deposit. This allows you to use it both independently and as part of a portfolio of similar conservative Expert Advisors, which are based on different principles and mutually smooth out the drawdown.

Timeframe - M5, pair - EURUSD.

MetaTrader 5 version here.

Parameters

  • Magic - magic number allowing the EA to define its own orders in the trading platform. It is necessary when several EAs are working in a single platform or an automatic trading is combined with a manual one.
  • Percent - impulse value (% of the trading range).
  • TakePercent - take profit for newly opened positions (% of the impulse value).
  • StopPercent - stop loss for newly opened positions (% of the impulse value).
  • Stop - maximum stop loss of the newly opened positions in points. The parameter is used if stop loss value calculated as % of the impulse exceeds this value.
  • Tral - trailing stop level in points.
  • Lots - fixed lot of the newly opened positions if ММ is not used.
  • PartCloseLevels - number of levels for closing by profit. 
  • DigitsInLot - number of decimal places in a lot. 
  • GMT Offset - trade server shift relative to GMT. 
  • MM - money management; set the percentage of re-investing the profit gained during trading. If ММ=1, the lot is 0.1 per each $1 000 of the deposit. If ММ=1.5, the lot is 0.15 per each $1 000 of the deposit, etc. If ММ=0, money management is not used. The trading is performed by a fixed lot set in Lots parameter.
  • Info - show/hide the info panel on the chart.

Monitoring: https://www.mql5.com/en/users/nutcracker/seller

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TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
GoldPulse AI
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No compre un backtest, sino un sistema comercial real Este precio es temporal mientras dure la promoción y aumentará en breve. Obtenga 1 EA gratis -> contácteme después de la compra Quedan pocas copias al precio actual, el siguiente precio es -->> 1480 $ Welcome to the GoldPulse AI Hey Soy GoldPulse AI!   ¡Este es el primer robot más inteligente que comercializa oro o XAU con pares completos como XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD y XAUCNH!   ¡Reviso las noticias todos
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Hercules AI MT4
Aleksandr Chebotaev
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Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Thi Thu Ha Hoang
5 (12)
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Ultima Trader   is a multi-currency advisor that can effectively operate on different time frames and in a variety of market scenarios thanks to its advanced non-geometric progression averaging system. This feature allows him to build trading grids and determine the moments of entry into the market with high accuracy. Main characteristics of Ultima Trader: Security systems: The advisor is equipped with special filters, spread control and trading time limits to ensure safety and reliability. A
Resultados de la prueba del robot: depósito inicial: 1000, beneficio neto total: 11999, factor de beneficio: 2,58, pago esperado: 2,48, reducción: 5,49 %. El par de divisas recomendado para operar es XAUUSD (Oro). Plazos recomendados: M5 Saldo inicial recomendado: $500 o más. El diferencial máximo recomendado para XAUUSD es de 20 pips. Tipo de cuenta: ECN. ¿Cómo comercia este robot? Descripción técnica del robot: El robot "Scalping forex robot M5" es un robot revendedor de oro activo. El ro
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Pulse Scalper EA works on the EURCHF currency pair.   Working timeframe M1. The strategy is based on searching for and playing back strong price impulses in the opposite direction. Does not use tick history, uses only closed bars, so you can test using open prices. The Expert Advisor does not use dangerous trading methods that can destroy the deposit: grids, martingale, locking, sitting out without stops. Stops are fixed; in addition, a hidden algorithm is used to track positions, which closes
Ace Scalper EA works on the GBPUSD, EURGBP, USDCHF, EURCHF . Timeframe M5. The strategy is based on the search of price fluctuations for the quiet period of the Asian session. During this period, there is usually no strong unpredictable price movements, which allows relatively safe scalping, with the average trade duration 1 hour. Uses tight Stop Loss, which provides deposit protection in the event of adverse developments in the market. EA does not use dangerous methods of trading that can destr
The Expert Advisor trades in the direction of the current trend, the algorithm is based on calculating the width of the trading range for a given interval and assessing price movements on short time intervals. If the impulse value exceeds a specified percentage of the trading range, a position is opened in the direction of the trend. The impulses are also additionally filtered using a special technique. When evaluating impulses, the tick history inside the bar is not used . The algorithm uses ex
Pulse Scalper EA works on the EURCHF currency pair. Working timeframe M1. The strategy is based on searching for and playing back strong price impulses in the opposite direction. Does not use tick history, uses only closed bars, so you can test using open prices. The Expert Advisor does not use dangerous trading methods that can destroy the deposit: grids, martingale, locking, sitting out without stops. Stops are fixed; in addition, a hidden algorithm is used to track positions, which closes po
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Versión 2.4 2021.11.22
Algorithm correction
Versión 2.3 2016.12.28
1. Added algorithm for opening additional positions.
2. Added spread filtering - SpreadLimit (0 - disabled).
Versión 2.0 2014.08.27
Added options:
PartCloseLevels - the number of the closing levels of profit.
DigitsInLot - the number of digits in the lot after the decimal point.
GMT offset - the offset of the trade server relative to GMT.

GMT Offset default set at +2, Eastern-European standard (winter) time (EET), which are trading servers Alpari, Forex4you, InstaForex in Russia. For time zones that are located to the West of GMT offset is specified with a minus sign, for example, USA/New York Eastern time (EDT) up gmtoffset = -5.

If you do not know at what time does your trading server, simply run the optimizer parameter GMT Offset, from -12 to +12, and select the best value on the profit factor.