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Ninja Turtle Scalper EA

2

The Ninja Turtle Scalper uses the Donchian Channel EA to find entry signals – just like the famous turtle trades did back then. The indicator is simple but yet effective. It is used by professional traders for many years and now also part of the MT5 framework. If you ever wanted to use the indicator's signals for scalping entries, this is the right EA for you.

No AI, Martingale or Grid needed. This is NOT the holy grail of trading. It will not make you rich over night and it is not risk free. Just a honest trading strategy with the idea to profit from quick trend accelerations.

This EA does not have to be used as a scalper. You can also disable the trailing stop or make it less aggressive. This will help to reduce the impact of slippage.

Download the free demo and use the strategy tester to find the settings you like. Please note that I never recommend specific settings because I cannot say what will work in the future! Also be aware that live trading results might be different than testing results. This strategy is designed to work with a very tight trailing stop loss. This can lead to slippage, especially during news events or quick market moves.


<Trade Settings>

VolumeMode: All trades have a set lotsize with VOLUME_LOTS or a variable lotsize based on a defined risk with VOLUME_MONEY

Volume: Fixed lotsize (VOLUME_LOTS) or amount of money to risk (VOLUME_MONEY)

TpPercent (0 = No TP): The distance from entry to initial TP calculated as a percent of the entry price

SlPercent: The distance from entry to initial SL calculated as a percent of the entry price

TslTriggerPercent (0 = No TSL): The Trailing Stop is activated when a trade is TslTriggerPercent in profit (calculated as a percentage of the entry price)

TslPercent: The SL will be trailed in this set distance behind the current price (calculated as a percentage of the current price)

TslStepPercent: The SL will only be modified if it is at least this distance above the previous SL (calculated as a percentage of the current price)


<Signal Settings>

Trigger: EA will open a position when a Tick leaves the Channel (TRIGGER_TICK)  or a bar closes outside of the channel (TRIGGER_M1 and TRIGGER_DC_BARS)

DcTimeframe: The timeframe for the Donchian Channel

DcPeriod: The period for the Donchian Channel indicator


<More Settings>

Magic: This number should be unique for every EA in your account since the EAs use it to identify their own trades

Commentary: Commentary for every position the EA opens

IsSendLogs: The EA will document some operations or show errors in the experts journal when true

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Monitoring of real trading Advisor -  https://www.mql5.com/en/signals/2264971 My other products    -      click here Keep in mind that the results on different brokers may differ, I recommend testing on your broker before using it (you can ask me for a list of recommended brokers in the PM). Read the blog post with the description of the adviser before starting work and if you have any additional questions, write to me in the PM. A fully automatic Expert Advisor that does not require additional
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Pablo Dominguez Sanchez
4.88 (33)
Dopo 6 anni di trading manuale di successo, le mie strategie sono ora disponibili come Expert Advisors! Presentiamo il WallStreetKiller EA – un sistema di trading sviluppato per il mercato US30, basato su anni di esperienza pratica, test approfonditi e un impegno costante per un trading sicuro e strategico. NESSUN GRID, NESSUN MARTINGALA, STOP LOSS STRETTO PER OGNI TRADE. UN TRADE AL GIORNO. NESSUN MOLTIPLICATORE DI LOTTI. ICTRADING SEGNALE LIVE DA 10K   (Non troverai molti altri venditori con c
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Azil Al Azizul
4.8 (5)
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Gabriel Costin Floricel
4.31 (35)
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Zuzanna Slawinska
2.61 (54)
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Synthara MT5
Herlina Sari
4.75 (4)
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Dolores Martin Munoz
4.17 (12)
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Range Breakout EA
BM Trading GmbH
4.62 (13)
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Range Breakout EA MT4
BM Trading GmbH
5 (2)
Unlike many other programs in the mql5 market this is a REAL day trading strategy. It does not use any martingale or grid functionalities and follows a logical concept. The Range Breakout Expert Advisor can be used to trade time ranges. The market often finds its direction in the morning hours and then follows this trend for the day. This expert advisor is designed to trade these trends after the morning breakout. Still you can trade all sorts of time breakouts with this program. I use the stra
Trade Bro EA
BM Trading GmbH
4.76 (83)
The Trade Bro tool helps you to calculate your positions size and place orders quickly. You no longer need to count ticks or do time consuming calculations. The easy to understand graphical panel is designed to interact with the chart of your symbol perfectly. Please leave a 5 star rating if you like this free tool! Thank you so much :) List of Inputs: <Graphic> InpFontSize: FontSize of the text of the trading panel. InpShowLinesRight: When set to true the entry, TP and SL lines will be oriente
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This EA can be used to trade the well known Turnaround Tuesday strategy. The original idea of the strategy is to wait for setbacks in the major indices and then benefit from recovery moves at the beginning of a new week. Many traders used (and still use) this strategy over the years. The EA will only open buy trades. Personally I use the program in index CFDs because these should tend to go up sooner or later. Economies are growing and so do the big indices. Even though nobody can guarantee thi
Trend Tracer EA
BM Trading GmbH
4.42 (55)
The Trend Trader EA can identify and trade market trends. Due to the nature of the strategy it will perform better in trendy market conditions and might struggle with sideways markets. It includes various trade management options to make adjustments whenever the market requires it. If you like the program then please consider leaving a 5 star rating and a short comment :)
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Go Long EA
BM Trading GmbH
2 (1)
The Go Long EA was designed to follow a really simple strategy. Many traders are seeking for the next super complex algorithm, while in reality the most basic concepts are the ones that work best. One of these basic concepts is the concept of growing economy. In theory (and the past has definitely proven this so far) the worldwide economy is always growing. In practice this means that some financial markets/symbols/products, such as index or stock CFDs, benefit from this. So why not just buy the
Trendline Trader EA
BM Trading GmbH
5 (1)
The Trendline Trader EA helps you to analyze and trade the markets with trendlines. You can place and modify lines easily with only few clicks. When you found a strong trend you can also activate the lines to open trades (or place orders) when reached by the price. The tool helps you to analyze multiple markets and still be able to trade trends without sitting in front of the charts all the time. You can change the appearance of the lines. It might be a good idea to choose different colors or si
Trend Tracer EA MT4
BM Trading GmbH
4.2 (5)
The Trend Trader EA can identify and trade market trends. Due to the nature of the strategy it will perform better in trendy market conditions and might struggle with sideways markets. It includes various trade management options to make adjustments whenever the market requires it. If you like the program then please consider leaving a 5 star rating and a short comment :)
FREE
The Tester Trader EA is designed to simulate your manual trading strategy in the strategy tester. By default this is not possible and manual trading is completely disabled in the MT5 strategy tester. This tool helps you to open, manage and close orders and positions easily using action buttons in the chart. Forward testing your manual trading strategy can be a real pain. Time moves slow and it can take days or months to fully test a manual trading strategy. With this tool you can simulate forwar
Slippage Calculator
BM Trading GmbH
5 (4)
If you are using scalping strategies (or any strategy that uses stop orders for position opening or closing) you need to know your slippage. Slippage is the difference between your pending order price and the price that your brokers uses to execute your order. This can be really different and depends on the broker as well as on the market conditions (news, trading hours, etc..) With this small script you can calculate the slippage you "paid" in points and also in your account currency. You also
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Slippage Analyzer MT4
BM Trading GmbH
5 (2)
If you are using scalping strategies (or any strategy that uses stop loss orders for position closing) you need to know your slippage. Slippage is the difference between your order price and the price that your brokers uses to execute your order. This can be really different and depends on the broker as well as on the market conditions (news, trading hours, etc..) With this small script you can calculate the slippage you "paid" in points and also in your account currency. You also get average va
FREE
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LUIS ALBERTO BIANUCCI
837
LUIS ALBERTO BIANUCCI 2024.11.10 21:25 
 

The EA may have potential in future versions, but today it is far from being profitable.

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