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Miqas High Frequency Scalper

Introduction and Description

Based on the Arabic word "Miqas", translating to "Scissors", this EA represents a scalping robot trader. Indeed, it focuses mainly on the use of mathematical principles of high frequency trading (HFT). This means sending a large number of orders to meet profit targets. Of course, traditional rules of risk management are applied in a very strict manner.

Below is a list of the different characteristics of the expert advisor:

  • No Martingale, grid or hedging.
  • Trend Trading.
  • High Frequency Scalping.
  • ECN and non ECN compatibility. (To be specified in settings).
  • Automatic Spread Check.
  • Stoploss and Takeprofit.
  • Multicurrency trading compatible.

The traded account should be in accordance with the following requirements:

  • Maximum Spread of 20 on the traded pairs. (The more the spread, the lesser the profits). Spread can be variable, Miqas will automatically stop opening trades if the spread goes above 20. It will then start again when conditions are met.
  • The broker has to allow high frequency sending of orders, (please contact via DM for suggestions).
  • Minimum balance of 1000 USD.

While the EA can trade on most currency pairs, we HIGHLY suggest using EURUSD, M5.

Each EA settings can be explained via DM. 

/!\ To change lot size, change the "lots_div" setting.

Example: If the account balance is 10,000 USD wanted starting lot size is 20, then lots_div should be equal to 50, as (AccountBalance / lots_div) / 10 = 20. (10,000 / 50) / 10 = 20. 


Results

The EA has been tested on previous data (provided by DUKASCOPY and country's central bank) and is currently being used by many account management companies Backtesting results are on the first and second screenshot. Live testing results are available upon request.


Additional information and Contact

An installation file will be provided with an explanation for each EA settings. An expert advisor configuration file can also be created on demand after buying the product. Please contact via DM or on the support canal. Please ask via DM for explanation PDF. Sometimes, the EA might send the message "Order Modify Error" to the journal. This is totally fine and Miqas is handling it automatically. (The issue is caused by the broker who does not accept extremely fast modification of orders).

Any contact can be made using MQL Market DMs. Commercial partnerships as well. Miqas also has its own help and support channel! Find it here: https://www.mql5.com/en/channels/Miqas_SpectreCapital

Account management services are also available.

Miqas is only sold on the MQL5 market. Any reproduction or claim to be selling it elsewhere is fake and illegal.

Finding a broker that accepts such trading is very complicated, thus explaining the low price of this EA.


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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
Bonnitta EA
Ugochukwu Mobi
3.42 (19)
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
The Expert Advisor works on the basis of wave-like changes in price movements. The dynamic regression channel allows you to accurately predict the price movement in the short term. The Expert Advisor uses the indicator in its trading: https://www.mql5.com/en/market/product/64252 Trading instruments (TF 5m): GBPUSD, EURUSD, USDJPY. The Expert Advisor has been successfully tested with 99% quality quotes, floating spread and random ping since 2003. Optimization of the advisor is not requir
Ultima Trader   is a multi-currency advisor that can effectively operate on different time frames and in a variety of market scenarios thanks to its advanced non-geometric progression averaging system. This feature allows him to build trading grids and determine the moments of entry into the market with high accuracy. Main characteristics of Ultima Trader: Security systems: The advisor is equipped with special filters, spread control and trading time limits to ensure safety and reliability. A
Hermes EA MT4
Aleksandr Chebotaev
Hello, my name is Alexander. I would like to introduce you to my new development, Hermes EA. The advisor is synthesis of two strategies: breakthrough strategy and level strategy. The EA doesn't use any indicators. The EA works well on EURUSD  pair. The advisor has shown stable performance for more than 20 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 install as possible
Stern Bot mt4
Nadiya Mirosh
" Stern " is a cutting-edge Forex trading bot designed for advanced traders. This high-tech tool is an indispensable assistant for anyone who wants to automate their trading processes as much as possible. The bot's algorithm is based on pending orders, which are placed at a certain distance from the current price and are triggered only when the price reaches a specified level. The bot also uses trailing pending orders, which is activated when the price moves. As soon as the order becomes a mark
Robot test results: Initial deposit: 1000, Total net profit: 11999, Profit factor: 2.58, Expected payoff: 2.48, Drawdown: 5.49%. The recommended currency pair for trading is XAUUSD (Gold). Recommended timeframes: M5 Recommended starting balance: $500 or more. The recommended maximum spread for XAUUSD is 20 pips. Account type: ECN. How does this robot trade? Technical description of the robot: The "Scalping forex robot M5" robot is an active gold scalper robot. The robot automatically analyz
Benefit EA
Vsevolod Merzlov
Benefit EA is a non-indicative flexible grid adviser with special entry points that provide a statistical advantage, revealed through the mathematical modeling of market patterns. The EA does not use stop loss. All trades are closed by take profit or trailing stop. It is possible to plan the lot increments. The "Time Filter" function is set according to the internal time of the terminal as per the displayed time of the instrument's server, not the operating system (can match). This function allo
Correct Approach   is a multi-currency multi-functional Expert Advisor that works on any time frame and in any market conditions. The robot is based on an averaging system with a non-geometric progression of building a trading grid. Built-in protection systems: special filters, spread control, internal trading time limit. Building a trading grid taking into account important internal levels. Possibility to adjust trading aggressiveness. The Expert Advisor comes with proven templates for vario
Altri dall’autore
Introduction and Description Pythor is an Expert Advisor designed to operate in the Forex market, specifically as a scalping robot.  Forex scalping is a day trading   style used by  F OREX   traders that involves buying or selling currency pairs with only a brief holding time in an attempt to make a series of quick profits. While scalping attempts to capture small gains, such as 5 to 20  pips  per trade, the profit on these trades can be magnified by increasing the position size. The Pythor EA u
Introduction and Description Ronin is a FOREX trading robot based on the mathematical principles of financial arbitrage between different assets. Ronin's main aim is to execute a large number of trades   while staying at breakeven / profit   in order to earn the maximum amount of commission rebates, i.e. the commissions offered by a broker to its partners. Forex IBs (Introducing Brokers) receive a   fixed or variable commission (aka rebate) for every trade made by their referred clients . Forex
Introduction and Description Colored candlesticks showing the trend based on two moving averages and the slope of the slow moving average. A trend is the overall direction of a market or an asset's price. In technical analysis, trends are identified by trendlines or price action that highlight when the price is making higher swing highs and higher swing lows for an uptrend, or lower swing lows and lower swing highs for a downtrend. Many traders opt to trade in the same direction as a trend, whi
FREE
Introduction and Description The indicator displays an arrow whenever a " Bearish Engulfing " is detected. The latter usually indicates the beginning of a downward trend. A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up candlestick followed by a large down candlestick that eclipses or "engulfs" the smaller up candle. The pattern can be important because it shows sellers have overtaken the buyers and are pushing the price m
FREE
Introduction and Description The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. Since its introduction, the indicator has grown in popularity and is now a very common tool for traders in identifying cyclical trends not only in commodities but also equities and currencies. The CCI can be adjusted to the timeframe of the market traded on by changing the averaging period.  CCI indicator with different colors at levels 0, 100 and -100. The cross is a
FREE
Introduzione e descrizione Arcturus è un EA di trading dedicato agli investimenti sul FOREX. Basato sul principio della Martingala intensiva, il robot opera in modo opposto alla tendenza, per cercare di ottenere profitti sulle inversioni di tendenza. Il sistema Martingala è un sistema di investimento in cui il valore in dollari degli investimenti aumenta continuamente dopo le perdite, oppure la dimensione della posizione aumenta con la riduzione della dimensione del portafoglio. Il sistema Mart
Bawaba Grid Scalping
Zaky Hamdoun
5 (1)
Introduction and Description Bawaba, from the Arabic word for "Grid", is a grid-based scalping robot for FOREX currency pairs. It has adjustable stoploss and takeprofits, as well as the possibility of having a fixed volume or adapting to the account balance. Grid scalping is when a grid of orders is created by increasing and decreasing prices incrementally above and below a set price. Below is a list of the different characteristics of the expert advisor: No Martingale. Grid scalping and tradin
Introduzione e descrizione Arcturus è un EA di trading dedicato agli investimenti sul FOREX. Basato sul principio della Martingala intensiva, il robot opera in modo opposto alla tendenza, per cercare di ottenere profitti sulle inversioni di tendenza. Il sistema Martingala è un sistema di investimento in cui il valore in dollari degli investimenti aumenta continuamente dopo le perdite, oppure la dimensione della posizione aumenta con la riduzione della dimensione del portafoglio. Il sistema Mart
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Johnny Ferreira da Cruz Mendes
27
Johnny Ferreira da Cruz Mendes 2022.08.02 19:44 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Zaky Hamdoun
3131
Risposta dello sviluppatore Zaky Hamdoun 2022.08.02 22:10
Hi! The robot is based on news and the speed of your broker. Summer months have VERY LITTLE volume and movement, but the EA should be opening more trades starting from September. Moreover, as it is high frequency, small details like distance to your broker’s servers and other matter a lot. It is also very dependent on the timing, some days there are more news than others. Unfortunately, that we cannot change. Please note the support channel is also opened for any help! EDIT: Mr. Johnny's issue has been answered in comments.
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Versione 3.0 2022.08.03
Added debug mode, this will let users turn on or off error messages that are not fatal to the EA's functionning.
Text messages fixes.
Bug fixes.
Versione 2.0 2022.07.27
Bug fixes