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Euro Scalper MT5

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 for MT4, 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.

It is recommended to use it in conjunction with the Pulse Scalper EA, which trades according to the opposite strategy - against the impulse.

Timeframe - M5, pair - EURUSD.

MetaTrader 4 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 of opened positions (% of the impulse value).
  • StopPercent - stop loss of opened positions (% of the impulse value).
  • Stop - maximum stop loss of opened positions in points. The parameter is used if stop loss value calculated as % of the impulse exceeds this value.
  • Tral - enabling trailing stop.
  • Lots - fixed lot of opened positions if ММ is not used.
  • 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.
  • SpreadLimit - maximum spread in pips. SpreadLimit = 0 - Spread filtering is disabled.
  • FillingType - method of order execution set by the broker, by default FOK for the vast majority of brokers.

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


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Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
Advertencias El EA contiene un máximo de 6 puntos de entrada, el tamaño del lote de cada transacción es igual al tamaño del lote de la orden multiplicado por 6, por lo que tenga en cuenta no usar un tamaño de lote demasiado grande. La forma de cálculo del tamaño del lote predeterminado no es el porcentaje de capital. Nuestro método de cálculo predeterminado no se ve afectado por el apalancamiento, lo que permite controlar el riesgo con mayor precisión. Se recomienda utilizar un capital de $1000
Supply Demand EA ProBot MT5
Georgios Kalomoiropoulos
3.83 (6)
Asesor totalmente automatizado basado en el principio de oferta y demanda . La primera empresa en ofrecer asesoramiento de oferta y demanda totalmente automatizado. Operar ahora es aún más fácil y le brinda control total sobre su estrategia comercial. A través del conveniente panel gráfico de operaciones. Obtiene un software de comercio algorítmico de altísima calidad con más de 15.000 líneas de código. Requisitos Guía ProBot de la propuesta de EA El desafío Trading Prop Firms y completar to
Ai Multi Trend MT5
Mansour Babasafary
4.33 (30)
Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(wi
Hercules AI
Aleksandr Chebotaev
2.68 (31)
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
Project 758
Konstantin Sinitsin
Saludos, compañeros traders. EA Project 758 fue creado por un equipo de traders y programadores con 15 años de experiencia. EA Project 758 ha sido desarrollado y perfeccionado durante un período de 6 años. A través de este proceso, hemos alcanzado resultados excelentes. El algoritmo de EA es propietario y no tiene análogos. Incorpora sistemas universales y complejos como IR, desarrollado personalmente por nosotros. Diseñamos un EA propietario que encarna el modelo de comportamiento de las termit
Otros productos de este autor
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
Ace Scalper MT4
Andrey Vasilenko
3 (2)
Ace Scalper EA works on the GBPUSD, AUDCAD, EURGBP, USDCHF, GBPCAD, GBPAUD, USDCAD and some others pairs. 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 us
Quick Lines
Andrey Vasilenko
A simple tool for trading on trend and horizontal lines. A small panel of buttons on the chart allows you to set trigger lines in one click and track their status. Market orders open automatically when the price touches the lines. The order direction (Buy or Sell) is set by the line color when it is installed. Allows you to apply an unlimited number of lines, they will work as the price touches. You can create any graphic patterns: levels, channels, triangles, flags, grids, etc. The principle
A small panel in the left corner of the chart displays the status and statistics on open and closed orders for all traded symbols. In the process of multicurrency trading, you need to know by what symbols the strategy gives profit or loss, how many deals and with what efficiency. It is important to see the comparative characteristics of all symbols in order to compare and analyze. This is necessary both for the operational management of open positions, and for the timely detection and removal f
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
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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