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Anchor Scalper

Hi and welcome to Anchor Scalper !


The EA does not use martingale or grid. It only enters a trade with pending orders and uses a stop loss for each trade!

I learned this strategy from ForexSignals (Check them out on their youtube channel ForexSignals TV for this strategy and many more.) and decided to create an expert advisor on it.

https://www.youtube.com/watch?v=0hUJTsjYPcQ&t=504s

Before I go any further I want to mention that I'm not affiliated with the above mentioned channel or company.


This EA uses the Moving average indicator as an confirmation signal and as an "Anchor" on the H1 chart for a simple and clean scalping strategy.

"Anchor" refers to the correlation of signals between the  higher time frame and a lower one received from the indicator. A valid trade is executed only if the signals expressed are the same on both time frames.

To open an Sellstop pending order to occur, the price must be below the fast moving average and both of them below the slow MA in order for a sell trade to occur. For the Buystop  is exactly the opposite, Price > FastMA > SlowMA.

Recommendations of use

Time frame - M5, M15;

Account balance - Doesn't matter;

Currency pair -  Doesn't matter  ;


Anchor Scalper features

- Multiple user options

- Choose the active and the inactive trading hours (in hh:mm - format).

- Comes with a Dynamic StopLoss function that moves the stop loss automatically at break even when the first take profit is reached.

- Lot size can be manually set.

- Orders are automatically opened and closed by this EA based on the market and the MA indicator.

- This EA works on all time frames (I recommend using it on M15 and M5 ) and currency pairs.



A more detailed explanation of the strategy is found on the link provided to ForexSignals channel.


Anchor Scalper User Options


Restrict EA by time- True or False;

Start/Last operation hour- with dropdown list;

Dynamic StopLoss -Disable or Enable the Dynamic StopLoss function;

Lot size = 0.0; (Change this if you want to set the lot size manually, leave it at 0 and will set it automatically based on risk 2%);

Slow/Fast MA period

MA Method 

MA Price


Check the user options and change them to your preference, and remember to optimize in strategy tester

Thank you!


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Yu Mei Cheng
4.64 (14)
Experts
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
Waka Waka EA
Valeriia Mishchenko
4.31 (48)
Experts
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
Trend Predictor EA
AW Trading Software Limited
4.69 (13)
Experts
AW Trend Predictor EA - un Expert Advisor che opera utilizzando i segnali degli indicatori di tendenza AW Trend Predictor. Utilizza strategie di indicatori TakeProfit e StopLoss. Può utilizzare il filtro multi-timeframe. Ha uno StopLoss o uno StopLoss fisso calcolato dall'indicatore. Il lavoro basato sul tempo e la media sono funzionalmente possibili. Instruction and description ->  HERE  / MT5 version ->  HERE   Benefici: Utilizza uno StopLoss fisso o uno StopLoss dinamico calcolato dall'ind
Miliron mt4
Nadiya Mirosh
Experts
The   Milioron   robot, developed for the Forex market, has significant flexibility and offers many mechanisms for maintaining a series of orders. It allows traders to automate and optimize their trading using built-in strategies and risk management approaches. Some of the main features and capabilities of the Milioron robot include: 1. **Flexibility of settings**: The robot provides traders with a wide range of parameters and settings that can be adapted to specific trading strategies and
Gold Scalper Trading
Ho Tuan Thang
4.15 (13)
Experts
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. 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 one of the EAs I have used. using and trading with fund management account
Stock Indexes EA MT4
Marzena Maria Szmit
5 (1)
Experts
Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 . This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and hours when the EA
Bonnitta EA
Ugochukwu Mobi
2.9 (20)
Experts
Bonnitta EA si basa sulla strategia Pending Position (PPS) e su un algoritmo di trading segreto molto avanzato. La strategia di Bonnitta EA è una combinazione di un indicatore personalizzato segreto, linee di tendenza, livelli di supporto e resistenza (Price Action) e il più importante algoritmo di trading segreto sopra menzionato. NON ACQUISTARE UN EA SENZA NESSUN TEST CON SOLDI VERI DI PIÙ DI 3 MESI, MI CI SONO VOLTE PIÙ DI 100 SETTIMANE (PIÙ DI 2 ANNI) PER TESTARE BONNITTA EA CON SOLDI VER
Quantum Quotient MT4
Mohammadmahdi Sanei
Experts
Presentiamo il Quantum Quotient per trader e aspiranti PropFirms. Questo sistema di trading automatico implementa una strategia priva di tattiche MARTINGALE e GRID, costruita meticolosamente utilizzando indicatori tecnici e fondamentali proprietari. Queste metodologie sono state sottoposte a rigorosi test e affinamenti per oltre un anno. La strategia Quantum Quotient comprende quattro passaggi chiave: 1. Analisi dell'Offerta e della Domanda: Inizialmente, il sistema calcola i livelli di offe
Bitcoin Expert
Elif Kaya
5 (1)
Experts
-   Real price is 1000$   - Limited Discount (It is now 299$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. After purchase, You can receive  Gold Trade Expert  for  Free ! Contact me for this  BONUS ! No Martingale, No Grid, No Scam It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels with  many AI conditions to find best position trades. The focus of the EA lies on safety, whi
Altri dall’autore
Momentum Multiple
Bogdan Mihail Moise
Experts
Hi and welcome to  Momentum Multiple,  The EA   does not use martingale or grid.   It only enters a trade with     active orders  and  uses a stop loss   for each trade! This expert advisor works by comparing signals from Momentum indicators, more specifically the following :  the relation between average Momentum - The current value  -  A specified user threshold (MomentumTrigger = 100 by Default). The number of bars taken in calculation for average and current Momentum can be changed by us
Renko HMA
Bogdan Mihail Moise
Experts
Renko HMA  Channel is a professional EA the uses Renko charts in combination with the Hull Moving Average. Time Frame :   This expert advisor works on all timeframes; Account balance:   it doesn't matter, but I recommend at least 1000 EUR or 1500 USD; Currency pair :       Doesn't matter ; Warning! Do not use the default settings, always use optimization option in strategy tester to find the best settings for your broker, preferred chart and timeframe! - Multiple user options, for finetun
Plug and Play
Bogdan Mihail Moise
Experts
BM Plug&Play Easy to use, convenient and efficient!  No input from you required,  no messing with settings or optimization processes ,   just attached on chart and let it do its magic. Recommended Time Frame: Day (This expert advisor works on all timeframes, but it’s build with the daily one in mind); Account balance: it doesn't matter, but I recommend at least 1000 EUR or 1500 USD; Tested and optimized currency pairs: EURUSD; EURCHF; EURJPY; EURAUD;   EURCAD; EURNZD; USDCHF; USDCAD; USDJPY;
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Versione 1.23 2024.03.19
- Code optimization
Versione 1.22 2021.09.20
Messages reports are now in english
Versione 1.21 2021.09.20
Code clean up
Versione 1.2 2021.09.20
Fixed the comment output and added the option to turn off time filter;
Versione 1.1 2021.09.10
Code optimization;
Added the option to choose active and inactive trading hours;