Scalping Project EA

Hi Rene, quick question regarding this ea, if there is an open position, does the time filter close all the open positions or does it only cancel current pending orders?

Profits are small , Losses are big Failed MFF challenge

Great EA, clear vision of tool. Predictable results. Go live since January 23 and Iam happy with results.

I have backtasted this EA. The results were very good. So I decided to buy the EA and test it on an account. I have now tested the EA for 1 month and the results were very similar to the backtest. I wouldn't necessarily recommend the default settings. I tweaked the settings a bit and am happy with the results. As I said, I would recommend playing around with the settings to get better results. First, I would lower the stop loss, this helps the performance quite a bit. Vielen Dank Rene.

Realy bullshit EA! stay way

A single loss will eat 10 winners. Backtesting results are way far from real results. Keep away from this EA.

Hola René, Te cuento que he hecho un ajuste al EA y me está funcionando perfecto. Quisiera hablar contigo sobre los cambios y pedirte una actualización. No sé si esto ya sea un desarrollo a la medida y tendría un costo. Te agradezco.

I back tested the demo version and all was great; steadily rising equity curves. It worked on different Forex pairs, gold etc. And it worked well over a 10 year time period! So, I purchased Scalping Project EA and the results were disappointing. When I back tested the paid version, the results were different (in a negative sense that is). For me there is no doubt, the demo version is different from the live/paid version. Avoid this EA like the plague. I used Ticklstory /Ducksopy data. 500m/s delay, Real tics and complete slow algorithm. I used fixed volume both for trading and back testing. For live trading I used ICmarkets and forexVPS.net. Trading and tests were all done on one and two hour time frames. So it has nothing to do wit my settings, used data, broker etc.

Low Gains with hard losses, using month and a half but naah lot of risk for poor profits, i dont blame the programer but today was the last looses that ill support, sadly i didnt recover the investment

Excellent EA, the best I have found so far, and the only EA that I can say that is not faking or manipulating anything. I have been using it for 2 months in live account and the win ratio is extremely high (95%) and it also recovers the big losses fast (that can occurs with breakout EAs, but it is normal). The author is honest and nice. Keep it up the good job!!

Hi Rene, I also subscribed your Youtube. Thanks for your sharing and development.

PLEASE DO NOT BUY ANY OF HIS EAs! The author has optimized the EA to show amazing results when backtesting the EA, I did a backtest on a Demo Account and on a Real Account on both accounts with same EA Settings and same Broker, And there was a very Huge Difference on both account Backtest results, On the Demo Account Backtest the EA Makes amazing and unbelievable profits, Where as in the Real Account backtest the EA Makes little profit and then blows up the account after some time with very bad results..., The author kept saying others coders program there EA to cheat the backtest results, And making us into believing that he would not do that, But very sad that he also did the same and programed the EA to cheat Backtest results

Thank you for this very good EA. And also for your youtube video's and transparacy! And your video's helped me start coding again :) A little request. Last friday I lost some trades in some mayor economic news events. Is it possible to put a pause in trading 30 minutes before and 30 minutes after big economic news events?

Hi Rene, I waited before giving my review and put a lot of work into backtesting and setting with Pepperstone razor account (similar to your recommended broker), I am running this EA on MT5 on JPY and EUR as recommended. I use 2H TF x 1% on each and 4H TF x 1.5% on each, these risk parameters give DD's of about 10% max each. I widened the TSL TP SL on each till I found a nice profitable Win / loss ratio. AV 75%W and 25%L. I can get my REAL TICK data back to JULY 21' with 100% acc off Pepper MT5 without importing external data. So far in the last month my live trading is matching my backtest results. My super power is the Tradersync program which allows the MT5 Stategy Test Report to be migrated into it and for me to analize results in a great visual setting and merge my 4 reports into one. Congrats Rene on creating a simple and great customisable EA which allows a trader get back from the work they put in. Now I can analyse live trading results every 3-6 months and tweak settings for the current market conditions. THX Mark G

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I find this strategy too risky and broker dependent. You get a good set of winners, but then one loss can wipe out all your winnings, risk-reward ratio must be 1:1 or better can be 0.5:1 in exceptional cases but here the result does not match even if he is 85 % hit rate, he only achieves this because he sets Tralling Stop Losses, which are almost always hit. The risk ratio here is sometimes 10:1 which means we need 10 winning trades to make up for the loss from a single losing trade and yes it's not my setup I've tried different ones. This strategy can't be profitable the backtest results are a joke they can never be reached because the author has optimized the EA for the past. So it can be said that the EA works in the simulation but not in the real money account. This is unfortunately the case with many EAs here on MQL5. Don't be fooled by the results.

Hello Rene, I love the product I purchased it month ago, but now in strategy tester in the inputs tab there's empty. What's the problem with? How to fix it?

Hello Rene, After fiddling with the parameters for Micro Nasdaq, I am finally glad that it works as I expect it to. Amazing news ! Also thank you for the MQL5 tutorials, you made me go back to coding and I just love it. Thank you again !

Hi Rene, can you help me? I have the Scalping Project EA running for 15 days, the Profit happens from one to two operations per day, it reaches a Profit of 28.98 usd, 32.67 usd, 61.71 usd and when losses occur they are - 241.92 usd and -199.26 usd. The gains are few and the losses are big that eat all the gains, where is it necessary to adjust the EA to make the profits prevail? Thanks for the prompt feedback Sergio Arruda

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