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New Way Scalper EA

NEW WAY Scalper is a multi-variety night scalping EA. Night scalping EA has a very long history. It can be traced back to 2012 or even earlier. This strategy has been effective for a long time and has many supporters. After two years of extensive and in-depth research, my team has developed New Way Scalper based on the strengths of various night scalping EAs. Among direct currency pairs, it is most suitable for USDCHF, followed by GBPUSD. Others such as EURUSD, USDCAD, EURGBP, etc. also have good performance.


If you have any questions about EA settings, you can discuss them here:

Join the public discussion group:   Click here

The signals , real-time signal display, but the short time of the signal may not be of much help to you.

Click here to download the parameter set .


NEW WAY Scalper, all currency pair parameters are already built-in. When loading EA, please pay attention to the information on the panel, which already includes precautions, suitable foreign exchange varieties, lot position suggestions, etc. EA contains 3 ways to open orders. You can choose whether the first opening method is real opening. If you choose false, the virtual algorithm will be enabled. When the virtual algorithm is used, the 1st order will not open a real position. All key parameters are already built-in. Simple settings, easy to use.

Virtual algorithm is a very effective way to improve performance. Many famous EAs use this algorithm. Inspired by them, I also used this algorithm to improve the performance of NEW WAY Scalper.

Please note : EA holds only one order in most cases, but due to the built-in 3 order opening modes, it may hold 3 orders near a certain price in a few cases, which is normal, please don't worry. Each order has a stop loss, and each foreign exchange currency pair has an average of 250 transactions per year, and the order holding time is about 4 hours. There is no Martingale, no grid, and other dangerous ways to lose all the principal. Martingale and grid may grow straight for a period of time, and then quickly explode.

We see that there are many EAs in the market that use AI for overfitting. The test looks good, but the real market is losing money. These are not what we want. What we want is an honest EA. An honest EA always grows in twists and turns. The straight upward curve of fitting does not exist here. You need to accept a part of the retracement. The retracement is the inevitable journey to the result of profit.


Features of NEW WAY Scalper:

  1. All parameters have been set, and it is easy to use. Users only need to adjust the lot.
  2. There are 3 built-in order opening modes, which cooperate and complement each other.
  3. Show the transaction results honestly. It will not grow straight up, but will grow in a tortuous but continuous manner.
  4. With news filtering function. UseNewsFilter=true; Whether to use news filtering.
  5. Object-oriented programming, fast program running speed
  6. Can be used together with other EAs
  7. One order at a time, four-fold stop loss protection
  8. A virtual algorithm is used to allow the first order to be opened.
  9. With direct currency pairs, it is recommended to close on Friday night. With cross currency pairs, it is allowed to open on Friday night. For cross currency pairs, it is recommended to close the 1st order.



application

  • Cycle: H1 (or 5M, data will be called across two cycles)
  • Varieties: Recommended: EURUSD; GBPUSD; USDCHF; USDCAD;
  • Can be promoted: GBPAUD; GBPCHF; EURCHF; CHFJPY; AUDSGD; USDSGD; EURAUD; EURGBP;
  • Minimum deposit: $50, high risk. Medium risk recommendation: $70, 0.01 lot. Low risk recommendation: $100, 0.01 lot. Risk warning: Please do not trade with heavy positions.
  • Account: ECN /RaW/STP, (Doo's STP or ECN account, icmarkets raw spread account, ZFX raw spread account, etc.)
  • Recommended broker: IC Markets. Please note: Be sure to use a GMT2/3 Forex broker, as the built-in time parameters use this time zone by default.
  • VPS is recommended


Position setting parameters

  • Risk     = 70. [AutoLots=N,N>=50,] Balance 0.01 lot
  • Fixlot     = 0.01. When AutoLots==0, use Fixlots

Stop profit and stop loss setting parameters

  • StopLoss   = 550. Virtual Stop Loss [550]]
  • TakeProfit=   700. Profit [500-1000]
  • xunizhisun   = true. Use double stop loss
  • ixuniStopLoss   400. Actual stop loss [400-600]


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Version 2.55 2024.05.16
Minor facelift, correct bottom note
Version 2.5 2024.05.13
Fixed a Bug, important, please update this 2.5 version, disable 2.0 version