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GoldenWave Scalper

5

GoldenWave Scalper

Overview: GoldenWave Scalper is a fully automated Expert Advisor (EA) designed for short-term trading on the MetaTrader 4 (MT4) platform. It combines technical indicators such as the Exponential Moving Average (EMA), Relative Strength Index (RSI), and Average True Range (ATR) to identify potential trading opportunities in the market. The EA is optimized for scalping, making it ideal for traders looking for quick entries and exits on lower timeframes like M5.

Key Features:

  1. Technical Indicators:

    • Exponential Moving Averages (EMA): Uses two EMAs (fast and slow) to detect potential trend changes. A buy signal is generated when the fast EMA crosses above the slow EMA, while a sell signal is triggered when the fast EMA crosses below the slow EMA.
    • Relative Strength Index (RSI): The RSI indicator helps filter out overbought and oversold market conditions. Buy trades are considered when the RSI is below 40, and sell trades when the RSI is above 60.
    • Average True Range (ATR): ATR is used to calculate dynamic stop-loss levels, ensuring they adapt to the current market volatility. It provides a multiplier to determine the distance of the stop loss from the entry price.
  2. Risk Management:

    • Lot Size Normalization: The EA automatically normalizes the lot size to ensure it complies with the broker’s minimum and step requirements.
    • Volume Validation: The EA includes volume checks to ensure that the order volume adheres to the broker’s constraints, preventing issues like ERR_INVALID_TRADE_VOLUME .
    • Margin Check: Before opening any trade, the EA checks if there is sufficient free margin available, preventing ERR_NOT_ENOUGH_MONEY errors and avoiding over-leveraging.
    • Maximum Order Control: Incorporates logic to respect the broker's limits on the maximum number of open and pending orders, ensuring compliance with trading account restrictions.
  3. Trailing Stop Management:

    • The EA includes a trailing stop feature that dynamically adjusts the stop-loss level as the trade moves in the desired direction, helping to lock in profits while minimizing risks.
    • The trailing stop is calculated based on the trailingStop input, allowing users to fine-tune the distance of the stop loss in pips.
  4. Automation & Customization:

    • Completely Automated: GoldenWave Scalper handles all aspects of trade management, from signal detection to order placement and stop-loss adjustments.
    • Customizable Inputs: Users can adjust the lot size, EMA periods, RSI period, ATR period, ATR multiplier, and trailing stop distance to match their trading style and market conditions.
    • Easy to Use: The EA is designed with simplicity in mind, allowing traders of all experience levels to integrate it into their trading strategy with minimal configuration.

Ideal For: GoldenWave Scalper is perfect for traders who:

  • Prefer automated trading solutions that do not require constant monitoring.
  • Seek a scalping strategy that leverages technical analysis for high-probability trades.
  • Want to minimize risks with effective money management features.
  • Are looking for a short-term trading solution on the M5 timeframe or other lower timeframes.

Disclaimer: As with any automated trading system, it is important to backtest and optimize GoldenWave Scalper on a demo account before using it in live trading. Market conditions can change, and past performance is not indicative of future results. Always ensure proper risk management when trading with real capital.


İncelemeler 1
John Burkill
29
John Burkill 2024.11.05 22:06 
 

Brilliant little EA Does what it says cant beat if for the price Had it on during the election and it still made me orofits

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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
Professional trading robot   Albatross : Your reliable assistant in the Forex market Albatross is an innovative trading robot designed to analyze the market using a specialized algorithm. This expert uses advanced methods to assess the strength and amplitude of price movements, which allows it to accurately predict trend reversals and make optimal trading decisions. Benefits of using Albatross Unique analysis algorithm: Albatross analyzes market data for a certain period of time, assessing th
-   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
Waka Waka EA
Valeriia Mishchenko
4.31 (48)
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
Traderlar  ve PropFirms adayları için Quantum Quotient'i tanıtmaktan mutluluk duyarız. Bu otomatik ticaret sistemi, MARTINGALE ve GRID taktiklerinden yoksun bir strateji uygular ve özel teknik ve temel göstergeler kullanılarak titizlikle oluşturulmuştur. Bu metodolojiler, bir yıldan fazla bir süredir titiz testlerden ve geliştirmelerden geçmiştir. Quantum Quotient stratejisi dört temel adımı içerir: 1. Arz ve Talep Analizi: İlk olarak, sistem piyasada kesin giriş ve çıkış noktalarını beli
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is one of the EAs I have used. using and trading with fund management account
Bonnitta EA
Ugochukwu Mobi
2.9 (20)
Bonnitta EA, Bekleyen Pozisyon stratejisine (PPS) ve çok gelişmiş bir gizli ticaret algoritmasına dayanmaktadır. Bonnitta EA'nın stratejisi, gizli bir özel gösterge, Trend çizgileri, Destek ve Direnç seviyeleri (Fiyat Eylemi) ve yukarıda belirtilen en önemli gizli ticaret algoritmasının bir kombinasyonudur. 3 AYDAN FAZLA GERÇEK PARA TESTİ OLMADAN BİR EA ALMAYIN, BONNITTA EA'YI GERÇEK PARA ÜZERİNDE TEST ETMEM VE SONUCU AŞAĞIDAKİ BAĞLANTIDAN GÖRMEM 100 HAFTADAN FAZLA (2 YILDAN FAZLA) ALDI. BONN
Indicement MT4
Profalgo Limited
5 (2)
Indicement'a Hoş Geldiniz! PROP FİRMASI HAZIR! -> set dosyalarını   buradan indirin LANSMAN PROMOSYONU: Güncel fiyattan sadece birkaç adet kaldı! Son fiyat: 990$ NEW: Choose 1 EA for FREE! (limited to 2 trading account numbers) En İyi Kombo Fırsatı     ->     buraya tıklayın KAMU GRUBUNA KATILIN:   Buraya tıklayın   LIVE SIGNAL INDICEMENT,   Endeks piyasalarına profesyonel işlem algoritmaları oluşturma konusunda 15 yıllık deneyimimi getiriyor. EA, en iyi giriş fiyatını bulmak için çok iyi düş
Ai Multi Trend MT4
Mansour Babasafary
5 (2)
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(with the latest methods of the world) With world-class settings, can be used in different accounts and different brokers and the low
CyBRG RX Mt4
Arseny Potyekhin
5 (3)
Introducing CyBRG RX: The Next-Generation Trading Assistant Step into the future of trading with CyBRG RX, your cutting-edge trading companion designed to elevate your trading experience. Harnessing the power of advanced neural networks, CyBRG RX is engineered to analyze and adapt to ever-changing market conditions with unparalleled precision. Signals:   Live Signal 1 Live Signal 2 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price
Aurum Apex Mt4 EA
Martin Alejandro Bamonte
5 (1)
Aurum Apex EA Açıklaması Aurum Apex EA, MT4 Platformu için tasarlanmış güçlü bir %100 otomatik ticaret aracıdır. Piyasayı gerçek zamanlı olarak analiz eder ve çeşitli ticaret fırsatlarını tespit eder. Tüm seviyelerdeki tüccarlar için uygun olan Aurum Apex EA, Risk parametresi aracılığıyla ayarlanabilen üç risk modu sunar: Risk = 0.1 (Düşük Risk): Altın hareketlerine aşina olmayan yeni tüccarlar için idealdir. Bu ayar sürprizleri en aza indirirken güveni artırır. Risk = 0.2 (Orta Risk): Altın ti
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
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ForexCracker
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ForexCracker is a high-precision expert advisor designed to assist traders with automated decision-making in the Forex market. This EA employs a proprietary algorithm based on trend-following and technical analysis, taking advantage of advanced risk management to maximize gains while minimizing potential losses. With customizable inputs like trading days, lot sizes, and stop-loss levels, ForexCracker allows traders to fine-tune strategies based on personal preferences and market conditions. Its
PatternPro
Ibrahim Fathallah Abdel Halim Abdel Khaleq
Introducing the GBPUSD Expert Bot – a meticulously tested automated trading solution crafted specifically for trading the GBP/USD pair on the 10-minute chart. This bot uses an advanced, pattern-based candle recognition strategy to accurately identify high-probability trading opportunities and execute trades with precision. Key Features: Candle Pattern Analysis : The bot's algorithm is based on proven candle patterns, detecting ideal moments to enter and exit trades based on a four-candle formati
Daily GoldMaster
Ibrahim Fathallah Abdel Halim Abdel Khaleq
Unlock Daily Gold Profits with Daily GoldMaster! Are you ready to dominate the XAU/USD market with a cutting-edge Expert Advisor designed for daily trades? Introducing Daily GoldMaster , the ultimate solution for traders who demand consistent results and a competitive edge in the gold market. Why Choose Daily GoldMaster? Daily Gold Precision : Harness the power of advanced trading algorithms that analyze market trends with pinpoint accuracy. 100% Win Rate Focus : Built on proven strategies to ma
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John Burkill
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John Burkill 2024.11.05 22:06 
 

Brilliant little EA Does what it says cant beat if for the price Had it on during the election and it still made me orofits

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