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Scalper Forex Expert

PRESENTATION

This EA uses several non-directional strategies that allows it to generate profits regardless of price trends.

It manages a pool of positions ("session") in a totally autonomous way

To avoid risks related to this strategy, several recovery functions have been implemented.

This makes it a reliable and secure EA, its DD remains low.


RECOVERY MODE

This EA is designed to run on several pairs simultaneously on an account.

When the DD of a session exceeds a defined value, all positions in that session are hedged and EA starts a new session, a BiDirectional grid or a hedged grid can be used as well as a recovery function. Their gains will be used to reduce the initial positions. 

These Recovery modes allow you to secure your account, critical positions are frozen until the situation returns to normal.


DASHBOARD

Several graphical functions allow you to increase the profitability of this EA, for example, instead of an automatic hedging, you would like to cover a session when a resistance or support is broken, these features allow you to do so.

*** This mode is optional, this EA is designed to be fully autonomous ***


STATISTIQUES

The evolution of each pair can be viewed via the statistics module.


RISK FACTOR

As you can see from the graphs below, profits increase linearly with volume, which makes sense. Unfortunately, the DD also grows linearly with volume.

Then, we see that beyond an initial volume of 0.05 lots for a 10K account, trading becomes very risky.

So we will only trade in this security zone.

An account with a leverage of 200 to 300 is to be prefered.


PARAMETERS


General :

  • Magic Number
  • EA Identifier
  • Max sessions: maximum number of sessions
  • Time Frame - Default trading timeframe : M10
Positions Management
  • Initial Volume - Initial Volume of each session
  • First Take Profit: Take Profit of the first position (low volume)
  • Take Profit (ticks) : Take Profit of the sessions
  • StopLoss (ticks) if the max number of martingale levels is reached
  • Close half of the positions at break even
  • Timeout between 2 orders (candle)

Recovery

  • Max Draw Down before hedging a session (% account): if the draw down exceeds this value, the EA hedges the session and reduces progressively its size,
  • Unbalanced hedging coefficient: the EA hedges the position + 'x' % to be in the right direction

Grid Recovery Strategy

  • Allow Grid recovery strategy
  • Force Grid Direction
  • Grid volume
  • Leg of the grid
  • Grid Take Profit (ticks)
  • Use Dynamic TP : instead of using a TP placed on the next pending order, the EA will close the positions during trend reversals.

Martingale

  • Martingale, maximum number of levels (Disable:0)
  • Martingale Leg
  • Martingale coefficient

Miscellaneous

  • Max allowed price deviation (Points)
  • Order Filling Mode
  • Asynchronous mode - for quicker trading


NEWS

This EA does not use news to trade, it is only available for information purposes.

To enable automatic downloads, you must “Allow WebRequests” for following URL: “https://nfs.faireconomy.media/ff_calendar_thisweek.xml” (Menu: Options / Expert Advisors / Allow WebRequest for listed URL).


OPTIMISATION

This EA does not need regular optimization, just set the best Martingale and Grid leg for each currency (do not use a leg too low - minimum value: between 100 and 150) and the coefficient of the martingale (be careful, with a value too low, the EA will have difficulty closing positions, a value too high risk of increasing the DD).

Timeframe: you can use a TF between 5 and 15 minutes (or larger), the smaller the TF, the greater the profits and risks. A value of 10mn is a good compromise.

Multi sessions mode: the number of sessions should be based on the size of your account, do not use too much sessions on small accounts.

Recovery mode: the default value (10) secures your account.

For a 5k account, you can use 2 or 3 currencies and a session number of 3 with an initial volume of 0.02.

For a 10k account, you can use 4 currencies, still a maximum session of 3 and an initial volume of 0.03.

This EA is not suitable for very small accounts, use at least 1 or 2K per currency.


For optimization reasons, the dashboard does not appear in the strategy tester.

Happy trading



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Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
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Asesores Expertos
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Asesores Expertos
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Asesores Expertos
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4.67 (3)
Asesores Expertos
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Herlina Sari
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Asesores Expertos
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Asesores Expertos
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5 (6)
Asesores Expertos
A muchas personas les gusta el comercio con XAUUSD, y yo no soy una excepción. Después de acumular algo de experiencia comercial y trabajo duro, creé este EA Apocalypse XAU específicamente para operar con todas las variedades relacionadas con XAU, como XAUUSD/XAUEUR/XAUGBP/XAUCHF /XAUJPY/XAUAUD. Sin embargo, considerando que muchas personas pueden no necesitar operar con todos los pares de divisas XAU, sino solo con XAUUSD, un EA de nivel de entrada se vuelve muy significativo. Entonces decidí c
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HeXon FX – La solución de trading líder para traders de Forex HeXon FX es un Asesor Experto (EA) altamente avanzado, diseñado para operar con precisión en los mercados de divisas. Utilizando estrategias de trading de vanguardia, HeXon FX ofrece una solución flexible y estable para el trading del par de divisas EURUSD. Este EA sobresale en fases de mercado volátiles, adaptándose eficientemente a diferentes condiciones de mercado para generar beneficios constantes mientras minimiza el riesgo. S
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4.33 (3)
Asesores Expertos
Promotional s uper discount  for today   for few copies .  Prices may increase at any time. Final price will be 4999 USD. Set Files for Gold Harvest MT5   and  Live Signal Please just change Risk Level (1-80). No need other field change and Risk Level 2 = 2% risk for 1000 equity or above. It's only good works on XAUUSD H1 Timeframe. This robot is profitable. This robot requires minimum deposit of 100 equity. You can get good results with it. You can test it first . It will increase the volume i
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Asesores Expertos
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. - REAL SIGNAL: Default Setting:  https://www.mql5.com/en/signals/2251841 Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is o
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Lo Thi Mai Loan
3.75 (8)
Asesores Expertos
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Lo Thi Mai Loan
Asesores Expertos
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Lo Thi Mai Loan
4.33 (21)
Asesores Expertos
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Ilan is a well known algorithmic trading system with its advantages and inconveniences. He is reputed to have good results when the prices are in a range but also to blow up the accounts in the case of strong trend. From a basic Ilan system, I added a trend filter to detect range periods, so that it trades only during these periods. I have also added a feature allowing it to adapt to economic news, it will not trade from one to several hours before and after a news depending on its importance. O
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Versión 1.43 2022.10.09
Fixed a bug in the session
Versión 1.42 2022.09.16
Fix several bugs