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PAM Scalper PRO FX

4.71

PAM SCALPER (Price action momentum scalper) analyses historical price data to identify supply and demand zones where liquidity is high and enters with momentum of the institutional money flow. The EA extrapolates areas to either buy or sell from historical price action and volume data. 

If you want to backtest this EA or any other scalper EA, you must use high quality tick data. The historical data your broker provides through MT5 will give inacurate test results. You can follow my guide how to import real tick data into MT5 here: https://www.mql5.com/en/blogs/post/746240 

Do not use default settings. Set file can be downloaded here: https://www.mql5.com/en/blogs/post/746535


Important links: 

Main features of the EA: 

  • No risky trading methods or money management system such as martingale, hedging, arbitrage, dollar-cost averaging etc.
  • This EA depends on low spreads. I recommend a true ECN broker with close to zero spread on EURUSD during London and NY session.  
  • Every position is protected with a stop loss.
  • Can be used on small accounts with as little as 200 USD balance.
  • Highly advanced exit algorithm.
  • Adaptive stop loss control based on market volatility.
  • Does not rely on indicators. Only historical price action and volume data is used to find high probability entry areas. 
  • More than 10 years of successful stress-testing. 
  • Has been profitable in every market condition for the past +10 years
  • Most positions are closed within minutes which leaves less risk exposure to catastrophic events during flash crashes. 
  • Only stop orders are used. Again, this protects your account from flash crashes. Should a flash crash occur while the EA has active pending orders placed, most likely these will be triggered in the direction of the crash.
  • Set and forget EA. Once you have installed the EA and loaded the set files you want to use, you do not have to intervene. Simply make sure you run the EA on a stable VPS with fast execution speed.
  • Robust set files provided - All set files has been put through thorough stress testing on both in-sample and out-of-sample data.


Bewertungen 19
Matthias Grath
568
Matthias Grath 2024.04.05 21:18 
 

I am also very happy with his EA. (See my trade history in the comment section) A high winning rate plus very limited risks by close stop losses makes the PAM the perfect scalping EA for me!

masterniwat101
65
masterniwat101 2024.02.14 01:44 
 

EA EXCELLENT IN TF 30M Made a lot Profit.

Byron
481
Byron 2023.05.04 17:45 
 

Im running it some months now works very well

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Auswahl:
Matthias Grath
568
Matthias Grath 2024.04.05 21:18 
 

I am also very happy with his EA. (See my trade history in the comment section) A high winning rate plus very limited risks by close stop losses makes the PAM the perfect scalping EA for me!

masterniwat101
65
masterniwat101 2024.02.14 01:44 
 

EA EXCELLENT IN TF 30M Made a lot Profit.

bob thomson
505
bob thomson 2023.10.29 23:42 
 

trash, only losses.

Edit2: Author doesn't even provide any support. You won't even get any set files because the provided links are dead. Author isn't responding at all. He just wanted our money. Stay away from this scam.

Edit 3: The Author just updated the link to the set files. I will have a look on them and adjust my rating to the EA performance.

Jesper Christensen
5621
Antwort vom Entwickler Jesper Christensen 2023.12.19 18:08
I only just now see your review. I have not recieved any personal messages from you. A link with the set file is provided on the product sales page
Byron
481
Byron 2023.05.04 17:45 
 

Im running it some months now works very well

ow1977mt5
1349
ow1977mt5 2023.04.10 14:52 
 

Very good EA, thank you!

Yushun Tanimura
450
Yushun Tanimura 2022.11.24 13:13 
 

I'v been using this EA since October. This is one of the true profitable EAs in mql5.com. I'd like to put 100 stars.

Xu Wu Peng
1458
Xu Wu Peng 2022.10.15 03:35 
 

1.8 Five Stars 2.9 Zero Stars

Version 1.8 is excellent, I get good results on several currency pairs, of course I use my own parameters. I can live with the added features of the new version, but not with going from a highly malleable EA to a dumb EA, because no one knows better than me how to optimize and resist overfitting.

Jesper Christensen
5621
Antwort vom Entwickler Jesper Christensen 2022.10.15 09:43
I don't understand your comment. Please elaborate why you only give 3 stars when the EA is constantly making profits and only use safe money management.
Peter Stagg
70
Peter Stagg 2022.03.15 15:19 
 

Had a slow start with this EA, had it on a dummy account for some time but when the updated set files were release, the losses were reduced, and the profit has become very good. My live account is now showing a good profit. This is the only EA I have left going through the war, as it seems extremely robust in a market where many others have crashed and burnt. I would highly recommend, thank you Jesper.

loev139
409
loev139 2022.03.13 02:57 
 

good so for, updates are very helpful to improve stability

Mr Pantawit Buthcham
214
Mr Pantawit Buthcham 2022.02.26 01:12 
 

I bought this product from the very beginning. Even at the beginning, the performance was not good. But the developers are not calm. He has improved so far and is now able to make good profits. For me this is important. Represents the developer responsible for the product. And he has good psychology. This gives me confidence in this product in the long run. This is not EA Get Rich Fast. But it is a safe and profitable EA in the long run. If anyone is looking for this. I recommend

Robin Olov Henry Lundberg
745
Robin Olov Henry Lundberg 2022.02.25 21:51 
 

Had a bumpy start with the EA, but it has slowly gained my trust. It has some real potential and the author is very helpfull and is constantly trying to improve his product.

Dennis Richter
285
Dennis Richter 2022.02.23 20:04 
 

Neither work with the author or know him - but i know that this EA works for me. My trades fits with the real portfolio account and trading style - it is not a short term high risk strategy - and that also fits for me. Additional the author is helpful and still working on the EA and the setfiles. So it is 4-5 stars for me now.

Eleanor Bigsby
615
Eleanor Bigsby 2022.02.23 18:21 
 

Der Benutzer hat keinen Kommentar hinterlassen

Olivier Joseph A Vantomme
751
Olivier Joseph A Vantomme 2022.02.22 18:57 
 

This EA provides good results, the updated set files reflect this even better. The EA is very similar to R Factor (which is more expensive, but includes night scalping) since entries in H1 are almost exact, they differ mainly on exit strategies. It is also very similar to Advanced Scalper (also this EA is more expensive) but shows superior results compared to AS. Overall, the EA shows for long-term gains since the strategy can easily be adapted to the market conditions by the user, which imo is always a good advantage! Depending on the user objectives, you can also calibrate/adapt it for different currency pairs than EURUSD, but currently I did not find similar results on any of them. Keep the good work!

Zhengyan Jia
487
Zhengyan Jia 2022.01.27 15:37 
 

good work, i will update again two weeks later.

++++++++++++++++++

update - 2022-02-22: new sets are really profitable.

The EA looks safe and reliable and with excellent support from the author, buy it before it's too late :D

Lee Teong Hoe
453
Lee Teong Hoe 2021.12.17 09:07 
 

这款全天头皮回测长期是赚钱的,作者多3个月会增加其它的货币头皮呢。

买了很多 MQL5主流 EA,欢迎合作交流请联 QQ 2903744720

This scalper is not working during nighttime, it will continually find good entries, author suggest that 3 more months will add more currency pair.

I'm bought many trendy EA in MQL5, welcome communicate with me via Telegram @hoelee

New Update 28 Feb 2022:

I like the author's idea about low risk and long-term profitability. Although recent not making a huge profit, definitely we are not forgotten as the author keep progressing this EA. We experience a difficult period in recent months because of the December Tax Loss Harvesting, Santa Clause Rally, The January effect and right now the Russia-Ukraine conflict. I will start running on my larger account with this soon, let's believe better market & better progress coming soon.

PRO TRADER
325
PRO TRADER 2021.12.08 11:23 
 

Der Benutzer hat keinen Kommentar hinterlassen

muaztugcu
121
muaztugcu 2021.11.26 18:07 
 

I've worked with Jess on other projects. He is an exceptional programmer/trader with the right mindset: solid long-term performance with security of funds. I've experienced countless EAs all over the internet that blew unexpectedly or couldn't recover from killer drawdowns. We all have to admit the truth: Forex is profitable only in the long-run. This EA seems to be programmed completely based on this reality and in my opinion performs better compared to other EAs with a similar target. The portfolio on the EAs overview page was made with a combination of 6 different SET files and results are quite ahead of the curve. In terms of return and drawdown its very very good (by the way with Quantanalyzer you can test the performance of portfolios, I was happy to learn that). I've live tested the EA only for one week with results very similar to tests. I will test for a while more then move to real account. Based on my experience you must have an ECN/raw spread account for this EA (also backtest only with such account types). Feel free to contact me if you want to hear more about my experience.

Hongpeng Wang
363
Hongpeng Wang 2021.11.23 10:16 
 

Guys, Trust me, before price reach to 1000, buy it!. Just bought this EA, haven't tested in live, but from Live signal I can tell, it will be top 10 EA in mql5.Buy it asap, you won't regret. We need stable income with low drawdown, this EA is yours. Customer service is outstanding, no complains about service and price.

06/03/2022 Update:

After buying this EA and run it in live for 2 month, I lose money and have doubt, but I still keep running on live against nearly 40000 account, since I believe it might be down turn / draw down period cycle. After author update sets, it works much better, good profit and low DD, Again, Buy it before price goes up! it worth that price.

Antwort auf eine Rezension
Version 2.9 2022.03.23
1: The EA only has to be loaded onto a single EURUSD 30M chart.
2: Most input variables have been removed from the user interface. The user can still adjust all settings related to money management and risk.
3: Only a single set file has to be loaded.

From version 2.0 and unwards it will be easier to install the EA thus making it more user friendly.
Version 1.8 2021.11.30
How the EA handels magic numbers has been changed. This update will make it easier to track the performance of each set over time. I have also made the info panel visually more pleasing.

---

Before you update the EA:

1: Make sure you have no open trades running!! If you have open positions running, then wait untill the EA closes them.
2: Turn off "Algo Trading" in your MT5 terminal. Click on the green "play icon" and it should change to a red "stop icon" to illustrate that EA trading has been turned off.
3: Delete all pending orders
4: Update the EA to the latest version
5: Click the red "stop icon" to allow algo trading again. The button should now be a green "play icon"
6: Check that the hat icon in the top right corner of each chart is blue (if it is grey, check my guide here: https://www.mql5.com/en/blogs/post/746496)

The EA should start placing pending orders within the next hour if current time is within the sets trading hours.
Version 1.7 2021.11.06
Added position size to trade comments to make it easier for the user to have a clear overview of the risk model and risk size used for every new position
Version 1.6 2021.11.02
A minor correction to the comments panel has been made.
Version 1.5 2021.11.02
A comments panel has been added that displays

1: which money mangement system is used,
2: which set file is loaded
3: the magic number of the EA

This will help the user have a better overview of which set file is loaded on different charts, if the user runs several instances of the EA with different setfiles on the same symbol and same currency.
Version 1.4 2021.11.01
X-mas and new years trade filter has been added
Version 1.3 2021.10.30
Multiple money management models added. You can now choose between;
1: fixed lots, 
2: fixed money amount, 
3: risk a fixed percentage of account balance
4: risk a fixed percentage of account equity
Version 1.2 2021.10.27
Adaptive stop loss improved