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Smart Impulse Trader

64 USD

Demo downloaded: 536

Published: 4 May 2018

Current version: 1.1

Smart Impulse Trader

Name: Smart Impulse Trader
Price: 64.00 USD
Rating: 5 (2 reviews)
Author: Gyunay Sali

Experts
Gyunay Sali
Version: 1.1
Updated: 23 January 2019
Activations: 5

>>> BIG SALE PROMOTION: 50% OFF + GIFT EA! - Promo price: $64 / Regular price $129 <<< - The promotion will end soon!

Smart Impulse Trader is an automated forex trading robot. The main idea behind this strategy is to detect the impulse and to open two trades at the same time and in the same direction. There are separate take profits for both trades: First_Trade_TP and Second_Trade_TP. When the first trade is closed with profit, then the robot sets take profit value to the second trade. The distance is equal to Second_Trade_TP parameter's value (in pips) from the close price of the first trade.

Supported currency pairs by default: EURUSD, GBPUSD, EURAUD, USDJPY, USDCHF and EURJPY
Best currency pairs: EURUSD and GBPUSD
Recommended Timeframe: M15

How to backtest

For quick backtest, you can use Open price and M1 timeframe. If you want more precise backtest, then use Every tick and M15 timeframe.

How to optimize Smart Impulse Trader

Some of the parameters have 0 (zero) as default value. Since the robot supports several currency pairs, we have integrated the optimized values in the robot. The real values can be seen in the information box. If you want to optimize the robot for an unsupported pair, you have to optimize the following parameters:

Stop_Loss, First_Trade_TP, Second_Trade_TP, Trading_Hours, ImpulseBarLenght, SecondStartTrail and SecondTrailStop. Optimize one or max two parameters at the same time for better results.

Important

The robot is optimized since 2010. The last 8 years are enough for optimization for such strategy. The results of the robot on earlier period could be poor.
The GMT offset of your broker is very important and therefore please set it correctly. In case that you do not know how to set correct value for GMT, add a comment to the product or write me a message, and I will help.

Settings

Max_Spread - maximal allowed spread for opening a new trade.
Slippage - maximal allowed slippage when opening a new trade.
Magic_Number_1 - magic number for the first trade.
Magic_Number_2 - magic number for the second trade.
Stop_Loss - Stop Loss value in standard pips. The robot will close the trades when the loss is equal to Stop_Loss.
First_Trade_TP - Take Profit value in standard pips. The robot will close the first trade when the profit is equal to First_Trade_TP.
Second_Trade_TP - Take Profit value in standard pips. The robot will close the second trade when the profit is equal to First_Trade_TP + Second_Trade_TP.
Trading_Hours - best trading hours. The trading hours can be entered separated by comma. For example 1,2,3 - the robot will trade only during these hours 01, 02 and 03
ImpulseBarLenght - length of the impulse needed for opening a new trade.
BarTF - timeframe of the bars.
Lots - fixed lots size. If you want to trade with fixed lots, you have to set Risk=0 and set a proper value to Lots parameter according to your account free margin.
Risk - value in percents. When its value is greater than 0 (zero), the robot calculates the lots size automatically based on Risk value and account free margin.
Loss_Recovery - loss recovery system. When enabled, the robot checks whether there are any previous losses. If there are, it starts to increase the lots size of next trades with small amounts. This way, it compensates the previous losses. When the previous losses are compensated, the robot continues trading with normal risk. For correct recovery, the MM should be enabled: Risk > 0.
Max_Recovery_Risk - maximum risk in percents, which will be used by the robot during recovery process.
SecondStartTrail - when the profit of the second trade in pips is equal to SecondStartTrail, the robot will set trailing stop to the trade equal to SecondTrailStop value.
SecondTrailStop - value in pips for the trailing stop of the second trade.
GMT_Offset - GMT offset of your broker. Always set the winter GMT offset of your broker. It is very important to be properly set. Otherwise, the robot may have bad results.
DST - set TRUE if the broker shifts the GMT offset with +1 in Summer. Set FALSE if broker uses the same GMT offset the whole year.

more...

513

Gorazd Trauner 2023.12.01 11:26 #

VERY GOOD, VERY SIMPLE , VERY LOGICAL ENTRY to a trade !!! I'm using THE SAME TECHNIC IN MANUAL TRADING :))Therefore I bought this one and also the OTHER two(mt4 and mt5 version)of TRENDY ones :)) I would like to add some of my suggestions to possibly improve the profitability of the EA and possibly minimize the DD :)) if the author would be willing to listen to my ideas, of course :)) NICE REGARDS AND A BIG THANK YOU FOR A VERY NICE SALE OFFER :)) I tried to send a message to PM, but MQL5 system have some problems doing that right now.

787

Johan Monge 2019.01.05 21:55 #

Very good, Asian scalper is better, but this is other amazing EA!!!

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SUPER SALE --> -60% OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Regular Price: $497 Click here to check News Scope EA PRO results! Infinity Trader EA seamlessly integrates the strengths of Chat GPT and Gemini AI, providing unparalleled market insights and in-depth fundamental analysis. It actively adapts to ever-changing market conditions, identifying statistically significant price patterns with remarkable predictive power. This ensures you pinpoint optimal entry and exit p

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>>> BIG SALE PROMOTION: 50% OFF + GIFT EA! - Promo price: $79 / Regular price $159 <<< - The promotion will end soon! Forex Trend Hunter is an entirely automated trading system for the MetaTrader 4 trading terminal, developed especially for the needs of ordinary forex traders, yet also used successfully by many professional traders. Forex Trend Hunter is perhaps the best trend-following and long-term profitable Forex robot on the market. With its help, you can enjoy the opportunity of mak

79 USD

>>> BIG SALE PROMOTION: 50% OFF + GIFT EA! - Promo price: $79 / Regular price $159 <<< - The promotion will end soon! Asian Scalper is an automated Forex robot. It is an advanced Asian session scalper which supports 9 currency pairs. The robot is equipped with Money Management, Take Profit, Stop Loss, Broker Protections, Slippage Protection, Max Spread Protection, Loss Recovery System and so on. Supported pairs: GBPUSD, GBPCHF, GBPCAD, EURGBP, EURCAD, EURCHF, USDJPY, USDCHF, USDCAD. Time Fra

79 USD

FX365 MA Crossover EA is a completely FREE expert advisors specially developed for users who love to do their own configuration and optimization. The EA comes without optimizations but everything one trader need to configure and adapt the EA to any forex instrument/pair. FX365 MA Crossover EA is based on the popular Moving Average indicator. The idea behind this EA is to use two MA indicators. One FAST and the second one SLOW. When both MA crossed each other the EA trades. When the FAST MA line

FREE

Trade Master is advanced forex robot for manual trading and managing open trades. When attached to a chart it prints two buttons BUY and SELL. Using these two buttons you can trade manually by predefined Stop Loss, Take Profit and other parameters. Trade Master is also equipped with Trailing Stop system to protect the profits. Trade Master is the best tools for scheduled closing of trades. It can be used for closing trades for each weekday from Monday to Friday at specific time (hour and minutes

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>>> BIG SALE PROMOTION: 50% OFF + GIFT EA! - Promo price: $64 / Regular price $129 <<< - The promotion will end soon! The Forex Trend Tracker is an advanced tool designed to enhance the trading capabilities of forex traders. This sophisticated indicator uses complex mathematical formulas alongside the Average True Range (ATR) to detect the beginnings of new upward and downward trends in the forex market. It offers visual cues and real-time alerts to give traders a competitive advantage in th

64 USD

79 USD

64 USD

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513

Gorazd Trauner 2023.12.01 11:26 #

6146

Reply from developer Gyunay Sali 2023.12.04 09:37 #

Hello Gorazd, Thanks for purchasing my EA. I appreciate this a lot. Thanks also for the good review. I sent you a private message through MQL5 chat system. Please check and reply. Lets communicate from there.

787

Johan Monge 2019.01.05 21:55 #

Very good, Asian scalper is better, but this is other amazing EA!!!

Version 1.1 2019.01.23

Modification in risk/lots calculation system of Smart Impulse Trader. Support for accounts with base currencies GBP, EUR and JPY is added.