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Historic Resistance Scalper

Thank you for checking out Historic Resistance Scalper MT5.

EA logic: At the end of the trading day this EA will draw 2 lines on your chart. The Lines will be drawn at the HIGH and the LOW of the previous day. When price reaches these levels the EA will quickly scalp the bounce that is highly likely to occur. IF price breaks through the level, then it will wait for the next High or Low to be reached and perform a recovery trade that will close the basket out at breakeven or with a small profit.

This Strategy: It works on the basis of the scalping previous day’s Highs and Lows. The High and Low of any given day is significant, and therefore, is HIGHLY likely to cause a reaction to the price the next day. This reaction is what this EA takes advantage of. From our findings if these levels get exceeded without a reaction once then you can count on there being a bounce the next day. That is why if you still have a trade open by the end of the day then the EA goes into recovery mode and calculates what lot size is needed so at the next resistance point it will get you out at breakeven with a small reversal.

SEE FOR YOURSELF! USING THE DEMO FEATURE


Any Questions Please join my Discord: https://discord.gg/FKqfDVBYkK


**PAIRS**      All Pairs

**Timeframe**  Daily (Recommended)

**Lots**       0.05 for every $1000 in your account

 

Optimization is very easy - When looking at new currencies to trade please Optimize first. Take Profit is the most important parameter. Remember this is a scalper so keep it low. Also make sure you have enough equity in your account for recovery trades to open.


Variables:  (See Screenshots for a recommended settings)

 

Order Type: Both Buy and Sell (Recommended)

                    Buy only

                    Sell only

Strategy Mode: Reverse Mode (Recommended) Enters reversal trades on the trade levels

                         Trend Mode - Enters trend trades on the trade levels

Time Frame: 1 Day (Recommended)

Max Trades: 2/3 (Recommended)

Lot Size Management: Set to true if you want lot size to be a percent of your Equity.

                                     Set to false if you want lot size to be fixed.

Take Profit pips: Set to relatively small PIP size for scalping.

Stop Loss pips: Set to 0 if you want the recovery trade feature to assist.


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EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 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
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Please do not   pm   me if you are asking for:  Discount ( Price will go back to original price 3800 in the future ) Backtesting result ( We don't trust mislead informations ) (LOJ IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to ve
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Xian Qin Ceng
5 (6)
Muitas pessoas gostam de negociar XAUUSD, e eu não sou exceção. Depois de acumular alguma experiência de negociação e trabalho duro, criei este Apocalypse XAU EA especificamente para negociar todas as variedades relacionadas a XAU, como XAUUSD/XAUEUR/XAUGBP/XAUCHF /XAUJPY/XAUAUD. No entanto, considerando que muitas pessoas podem não precisar negociar todos os pares de moedas XAU, mas apenas negociar XAUUSD, um EA de nível básico torna-se muito significativo. Então decidi criar o Apocalypse Gold,
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Aleksandr Chebotaev
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Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 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 insta
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Lo Thi Mai Loan
5 (11)
Promoção de lançamento! Restam apenas algumas cópias ao preço atual! Próximo preço: 1533 $ Preço final: 1993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT4:  https://www.mql5.com/en/market/product/113580?source=Site+Market+Product+Page For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news O US30 Scalper E
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Marzena Maria Szmit
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Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you
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Versão 1.14 2023.12.27
Fixed Default settings not being optimal for new users.
Versão 1.12 2023.12.27
Added a few extra features. Also tightened up the entries.