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Pythor Scalping EA MT5

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 FOREX 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 uses a variety of technical indicators to identify short-term market trends and execute trades based on those trends.

Pythor is based on the placing of pending orders, and therefore is sensitive to spread, as well as slippage. It is important to have a broker providing low values for both of these parameters. Furthermore, the EA is multi-currency compatible, meaning it is possible to trade with it in multiple symbols simultaneously. While it has been tested mostly on FOREX pairs, backtest results suggest it is possible to run it on Stocks, as well as Commodities.

Below is a list of the different characteristics of the expert advisor:
  • No Martingale.
  • No Grid.
  • Stoploss (trailing and fixed) and Takeprofit.
  • Multicurrency trading compatible: select a different magic number for each symbol.
  • Dynamic and fixed lots.
  • Debug mode.

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

  • Average maximum spread of 15 for each symbol. (The more the spread, the lesser the profits). Spread can be variable.
  • Low slippage and fast execution speed.

While the EA opens most of its trades based on calculation in the H1 timeframe, it is recommended to attach it to the M5 chart for better visualisation. Please note the default inputs were optimized for EURUSD. Optimization services are available, please contact via DM.

An explanation PDF is available if needed.


Results

Pythor has been tested on 100% accuracy data (provided by DUKASCOPY, central banks, and broker themselves). Results may be found on the screenshots. Backtests show low drawdown. Backtests are no guarantee of future performances.


Additional information and Contact

Any contact can be made using MQL Market DMs. Commercial partnerships as well.

Account management services are also available.


Pythor is currently only sold by the original author of this post and Spectre Capital. Any reproduction or claim to be selling it elsewhere is fake and illegal.



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FT Gold Robot MT5
Marzena Maria Szmit
4.4 (58)
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
Apocalypse Gold
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,
Eternal Engine EA é um Expert Advisor avançado que utiliza vários indicadores e estratégias, fornecendo aos comerciantes uma ferramenta de negociação automatizada abrangente. Ele oferece inúmeras oportunidades de negociação, não é sensível a spreads e emprega pontos de entrada rigorosos para iniciar com precisão cada negociação. A estratégia provou-se no mercado real, com um sinal em tempo real de um ano de DD baixo.Se você é um iniciante ou um comerciante experiente, o Eternal Engine EA oferec
Golden Glove
Michael Prescott Burney
Introducing Golden Glove – the ultimate trading system for XAUUSD on the H1 chart. This breakthrough system is the culmination of everything I've learned and perfected over the years, taking the stellar performance of Golden Taipan and amplifying it to unprecedented levels. Golden Glove is equipped with 300 monstrous gold strategies , meticulously crafted from scratch, focusing on a 2:1 risk-reward ratio. This system has maintained a near-perfect performance record for the last five years, deliv
Aura White Edition MT5
Stanislav Tomilov
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Aura White Edition is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPUSD,
Ultimate Bot
Mr James Daniel Coe
4.69 (13)
9 conselheiros pelo preço de um O último bot que você precisará comprar. Ultimate Bot é um Expert Advisor multi-estratégia que negocia   XAUUSD, GBPUSD, AUDCAD, USDCAD, EURGBP, EURUSD, GBPJPY, USDJPY e EURJPY, usando uma combinação de padrões de acompanhamento de tendências, reversão à média e quebra. Cada estratégia negocia com base no patrimônio da conta, portanto, se um grupo estiver em rebaixamento, os outros reduzem seu risco, trabalhando juntos para otimizar o desempenho. Configuração d
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Mansour Babasafary
4.31 (29)
Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(wi
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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 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
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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
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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
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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 Trad
Introdução e Descrição A Arcturus é uma EA comercial dedicada ao investimento FOREX. Baseado no princípio Intensive Martingale, o robô negoceia de forma oposta à tendência, a fim de tentar obter lucros na inversão de tendências. O sistema Martingale é um sistema de investimento em que o valor em dólares dos investimentos aumenta continuamente após as perdas, ou o tamanho da posição aumenta com a diminuição do tamanho da carteira. O sistema Martingale foi introduzido pelo matemático francês Paul
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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
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H W
90
H W 2024.05.10 22:43 
 

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yuk kim
429
yuk kim 2024.01.16 17:59 
 

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Andiray
435
Andiray 2023.12.21 08:54 
 

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hatorres
53
hatorres 2023.11.30 14:45 
 

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Sadegh Bachak
243
Sadegh Bachak 2023.11.16 14:31 
 

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Mickey19881
63
Mickey19881 2023.08.26 09:05 
 

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Zaky Hamdoun
3117
Resposta do desenvolvedor Zaky Hamdoun 2023.08.26 15:53
Hello Mickey! Please contact me via PM for setfiles and specify which symbol and broker. I will provide you with a setfile but you can use PM or comments if you need them instead of reviews 🙂
Chun Chan Tu
306
Chun Chan Tu 2023.08.13 20:03 
 

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Zaky Hamdoun
3117
Resposta do desenvolvedor Zaky Hamdoun 2023.08.13 20:58
Hello! Make sure to have low spread, and MOST IMPORTANTLY, no commissions! No swap is also better. Will send you a setfile as well, please remind me by PM, will be sent before tomorrow night.
charliehorse76
16
charliehorse76 2023.08.13 07:42 
 

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Zaky Hamdoun
3117
Resposta do desenvolvedor Zaky Hamdoun 2023.08.13 13:02
Hello, Thank you for your review, Pythor has been updated to not have any minimum balance anymore.
andresogorman
92
andresogorman 2023.08.02 05:40 
 

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Zaky Hamdoun
3117
Resposta do desenvolvedor Zaky Hamdoun 2023.08.02 05:58
Hello Andres! Thank you for the review. Pythor works regardless of the timeframe, you can use it on any timeframe of chart. Here are few tips to have the best results: - The EA works VERY WELL during NEWS events and fast movements. Use it for instance during Nonfarm Payrolls or Interest Rates. - Have as little commission as possible, and the smallest spread as well. If you need a broker to help you with that, send me a message and I can advise you.
Ali C
23
Ali C 2023.07.27 03:47 
 

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Zaky Hamdoun
3117
Resposta do desenvolvedor Zaky Hamdoun 2023.07.27 03:49
Hey there! Thanks a lot for your review!
ArthurMcCain
34
ArthurMcCain 2023.07.25 10:54 
 

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Zaky Hamdoun
3117
Resposta do desenvolvedor Zaky Hamdoun 2023.07.25 10:57
Hi, happy you are happy.
GregWeston
24
GregWeston 2023.03.10 08:39 
 

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Zaky Hamdoun
3117
Resposta do desenvolvedor Zaky Hamdoun 2023.07.23 00:20
Hi, thank you for your review.
Responder ao comentário
Versão 3.0 2024.01.11
Fixed minimum balance issue.
Fixed lot size being stuck at 1.01.
Versão 2.0 2023.08.13
Update 2.0:

- Removed minimum required balance.