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Eagle Scalping

Eagle scalping is a fully automated Expert Advisor based on 3 EMAs and supporting 4 and 5-digit quotes.

This EA provides the best results in an uptrend or a downtrend market.

 

Main features:

Scalping M5, M15 (best results M5)

-Main Pair EUR/USD and any other pair

-Money management (Risk reward and ratio % based on the account free margin)

-Break Even and Trailing Stop

-Days and Time Trading Management

Recommendations

  • EA Settings: Use default settings or the set file provided.
  • Symbol: EURUSD
  • Time Frame: M5
  • Brokers: ECN brokers, low spread/commission, 1:200-500+ leverage
  • No Minimum Deposit required: Risk ratio is computed based on trading account balance-equity

It is recommended to do your backtest with MT4 data and your Broker and adjust the parameters accordingly.

 

Parameters  
G1=EMA Parameters  

FMA_Period=10

Fast EMA

TMA_Period=21

Trigger EMA

SMA_Period=50

Slow EMA

MA_Mode=1

Default EMA=1

Shift=0

The EA allow only one Trade per Candle

Shift, F=0

Set to 0 (zero) for the current candle

Shift,1=0

Set to 1 for the last fully formed candle

Shift,2=0

Set to 2 for the candle formed before 1 (one)

 

G2=EMA Distance Parameters

 

TS_MinDist=50

Min distance between the Trigger and Slow EMA (21,50)

TS_MaxDist=120

Max distance between the Trigger and Slow EMA (21,50)

 

G3=Trading Parameters  

AllowTrade=True or False

Allow EA to trade

AllowMultiple=True or False

Allow multiple trades. If Enable the MaxBuyTrade and MaxSellTrade are not used

AllowBuy=True or False

Buy trades allowed

AllowSell=Ture or False

Sell trades allowed

TakeProfit=44

Take Profit

StopLoss=44

Stop loss

MaxBuyTrade=2

Max BUY trades allow

MaxSellTrade=2

Max SELL trades allow

Range Over FMA

Range in pips above the Fast EMA

MagicNumber=56732

EA Magic number

 

G4=Money Management Options  

Default Lot=1

Static lot size. If set to static, consider the lot sizes

1=100K, 0,1=10K, 0,01 = 1K. Need to disable the ‘UseMoneyManagment’ by setting it to 0 (zero)

UseMaxLot=True or False

Max Lot size to limit the max lot size allowed per trade

MaxLot=10

Max lot size - set to 10 Lot (1M contract)

UseMoneyManagement=True or False

Automatic Money Management based on the RiskPercent and the account free margin

RiskPercent=3

The RP and the StopLoss are directly related to the lot size to ensure that each new position represents the settled risk % of account free margin.

Ex. If your free margin is 1k (USD) and you risk is 2% and your StopLoss is 20 pips then your lot size is going to be 0.1 Where each pip value = 1USD. Then if you lose your position by the StopLoss, you're going to lose only 20USD that represents the 2% of your account free margin

Slippage=3

The “slippage” parameter is how many points you’ll allow the trade to slip and still complete the order

 

G5=Break Even Options  

UseBreakEven=True or False

Breakeven allow protection of initial risk amount to the entry price.

BreakEven=3

Sample of BE at 3 pips from the entry price. Adjust based on trade management (conservative 1X Risk Amount, Moderate 0,75X Risk Amount or Aggressive 0,5X Risk Amount)

 

G6=Trailing Stop Options  

UseTrailingStop=True or False

Usage of Trailing Stop – to follow the price movement and lock more profit.

TrailAllPositions=True or False

Trail all positions (buy/sell)

TrailingWhenProfit=True or False

Use the TrailingStop when in profit

TrailingStop=4

Set the Trailing Stop 4 pips away from the current price

TrailingStep=1

Set the Trailing Step 1 pip at the time following the current price

 

G7=Operation Time Parameters  

UseNotTradingDay= True or False

Define Days to NOT trade

StartDayWithoutTrading=15

Starting day for no trades

StopDayWithoutTrading=18

End day of no trades

UseOperationTime=True or False

Define Time to trade

StartOperTime=03:00

Starting time to trade (please check Broker Timezone)

StopOperTime=19:00

End time to trade

UseSleepingTime=True or False

Define Sleeping time for NO trades

StartSleepTime=12:00

Starting time to NO trade

StopSleepTime=13:00

End time to trade

UseMandatoryClosing=True or False

Set to close all open trades at a given time (end of day)

MandatoryClosingTime=23:59

Time to mandatory close all open trades

 

G8=Alerts  

ShowAlert=True of False

Set Alert to be displayed on Screen

 


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NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our   promo blog ! Bitcoin Scalp Pro is a unique trading system on the market.  It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdowns and a very good risk/reward ratio on the trades. The EA uses a "smart adapti
Quantum Algo Trading MT4
Lo Thi Mai Loan
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The current price is the promotional price and will soon increase. The final price for the product is: $1993. There are only a few copies left at the current price, the next price is $563. Check out the live results here: Personal live signal:   [Click Here] Prop live signal:   [Click Here] $50K personal fund live signal: [Click Here] MT5 version here:   [Click Here] Payout proof and Ultimate combo deal :   [Click here] How to install | Download SetFile Welcome to Quantum Algo Trading MT5 E
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ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. - REAL SIGNAL: Default Setting: https://www.mql5.com/en/signals/2206758 5k Fixed Lot:  https://www.mql5.com/en/signals/2217326 Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the lates
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Marzena Maria Szmit
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The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
TopBottomEA
lizhi fu
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TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
Fenghuang Rig EA MT4
Sof'ia Vlasova
5 (1)
Fenghuang EA utilizes clustering principles in machine learning to analyze data, identifying groups of objects or events with similar features or relationships. It uncovers hidden patterns and categorizes objects by similarities, aiding in the discovery of causal relationships. The EA allows for in-depth data analysis, highlighting significant relationships without risky techniques like martingale, netting, or scalping, making it compatible with various brokerage environments. Read more about t
AI Nodiurnal EA
Ugochukwu Mobi
AI Nodiurnal EA is an advanced Forex robot that leverages cutting-edge machine learning technology to optimize trading strategies and enhance performance in the dynamic foreign exchange market. The term "Nodiurnal" reflects its ability to adapt and operate not only during the typical diurnal (daytime) trading hours but also during non-standard periods, providing a continuous and adaptive approach to forex trading. Settings : Default settings on   Currency Pair :  EURUSD H1 . Special setting is
AI Gen XII EA This is an Expert Advisor with the latest use of Artificial Intelligence and Neural Networks. The EA runs on the top-of-the-line GPT-4o platform and also uses Advanced Discrete Fourier Imaging in ATFNet aligns the frequency spectrum of the input series, allowing for a more complete analysis of time series data. The EA also boasts trading on different strategies simultaneously and matching backtest trades and real trading, which is very important in its time.  Details about Advisor
SouthEast
Sugianto
5 (13)
SouthEast is an expert advisor developed from my experience in manual trading that has been automated. SouthEast is specifically designed to generate maximum profits with small deposits by prioritizing the security of your funds. Why SouthEast? SouthEast does not require complicated settings and is easy to use because user only need to upload a set file that is already available. Currently there are set files for 20 fx pairs. The best GRID EA with the ability to control risks. I will share
Aura Black Edition
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4.76 (17)
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
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A scalping robot of a new generation should be developed using Artificial Intelligence. Suitable for scalping trading on one of the most popular US Wall Street 30  index (US30). The strategy has passed months of tests on real and demo accounts and is currently being used on several investment accounts with different Profit/Risk ratios. Risky methods and strategies are not used: grid, martingale or topping up. Each trade has a Stop Loss and Take Profit. The Expert Advisor is fully optimize
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