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Scalping Trap

Scalping_Trap is an automated trading scalper EA that will detect high-probability entries for price action breakouts on the current chart timeframe. No trade-input parameters. It uses intelligent algorithms to adapt for the market., therefore optimization requirements are minimal.

The EA uses a SL so the account is always protected from high losses. The potential profits per trade are very high compared to the possible loss, as a clever trailing stop is being used to let the profits run.

Optimized for EURUSD M30, 0.00001. You should attach the EA to a chart and allow automated trading to let the Expert Advisor work. The EA will run on many low-spread pairs. With proper settings it is also appropriate for any time frames.


Settings

Basic settings

  • Magic BUY - the magic number for the EA's long positions;
  • Magic SELL - magic number for the EA's short positions;
  • Spread Max - maximum spread, the EA will not trade if the current spread is above Spred_Max;
Money management
  • Lots Parameter - fixed parameters of the lot;
  • Money Risk SL - money you are ready to lose if stop loss triggers. The risk is calculated as a maximum value between Money_Risk_SL and Risk_Percent_Balans_SL. If set to 0, disabled;
  • Risk Percent Balance SL - risk percentage of the free margin on the deposit balance. The risk is calculated as a maximum value between Money_Risk_SL and Risk_Percent_Balans_SL and used to calculate an autolot. If set to 0, disabled.

Setting of protection against losses

  • BE points 0 Inactive - modify stop loss to breakeven when the profit of the current position reaches a certain number of points, if 0 = disabled;
  • TP points 0 Countback - take profit in points, if 0 = take profit is set based on Countback price parameters of the current chart;
  • SL points 0 Countback - stop loss in points, if 0 = stop loss is set based on Countback price parameters of the current chart;

Settings of Indicators

  • Countback Max 60 - number of bars on the current timeframe for determining market entries;
  • Period SMA - period of the SMA indicator;

Time Settings

  • Expiration Minutes - number of minutes before the expiry of a pending order;
  • Trading HoursStart - trading start hour;
  • Trading HoursEnd - trading end hour;
  • DeleteOpenOrder_NTT - if True, open positions are deleted regardless of their profit when reaching non-trading time (Not_Trading_Time);
  • DeletePendingOrder_NTT - if True, delete all pending orders at a non-trading time (Not_Trading_Time);

Trading strategies

  • Strategy Breakdown - if True, activates the breakout strategy based on the trend of the Bollinger Bands or SMA indicator;
  • Strategy Backward - if True, activates the breakout strategy opposite to the trend of the Bollinger Bands or SMA indicator;
  • Strategy Extreme - if True, activates the breakout strategy based on the SMA, Bollinger Bands or Fractals indicator;

Trade Settings

  • DeleteOpenOrder_DOUBLE - if True, the function for deleting a loss-making order is activated provided that the second order is profitable;
  • Visible SL TP - if True, activates visible trading with stop losses and take profits; if False, stop loss and take profit are invisible and are activated on the first tick of a new bar.
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Smart Grid Trading Expert Advisor Based on the Direction of the Trend. This EA uses an innovative approach in grid trading equipped with customizable parameters. Optimized settings and results can be accessed on our Private Telegram Group. Private Telegram Group Access Send a proof of purchase to ► support@pipfinite.com / MQL5 Private Message Free settings on telegram channel ► https://t.me/pipfinite/508 Notes EA will only work on LIVE if you purchased the indicator: PipFinite Trend PRO M
98 USD
AW Scalping Dynamics EA
Alexander Nechaev
Advanced trading on trend reversals. The EA does not use grids or martingale. But, if necessary, they can be used in the input settings. 3 types of notifications and position locking when the maximum basket load is reached. The default settings are recommended for EURUSD on the M15 timeframe. How the EA trades:   First of all, when trading, the current trend activity is taken into account (the "   Main Trend filter   " variable). The smaller it is, the higher the probability of a reversal and
395 USD
EA Technic
Fanur Galamov
1 copy at          149$. Next price        199$. Final price        499$. EA Technic is a professional fully automated mid-term, low-risk expert. To select the optimal entry points, an adaptive price movement analysis module is used. The EA does not use indicators, grid, martingale, arbitrage. Each position includes a stop loss. All open transactions are accompanied by an advanced control algorithm, which is based on a two-stage trailing stop and a multi-step profit taking system. The EA incl
149 USD
Lizard Scalper Pro
Michela Russo
Lizard Scalper Pro is a trading robot   for the trading on forex. This is a Counter Trend system that trades mainly during Asian and NY sessions. Expert advisor not use grid, martingale , arbitrage o high frequency trading . Fix   and   Visible Stop loss   and   Take Profit Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Eagle Scalper Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email ! The
199 USD
GridMartin Conqueror
Konstantin Kulikov
Thrilling expert which seeks how to win. In this it is maintained by the options: grid, averaging, martingale.  The EA has a set of trading strategies for opening trades of your choice (parameter: Select_Enter_Signal). Sets with signals, see comment No.14:  https://www.mql5.com/en/market/product/32758#!tab=comments&page=1&comment=15680183 . 🛑  Telegram channel with news:   https://t.me/EAFXPRO 🛑   Telegram group for questions and discussion:   https://t.me/EAFXPRO_chat Parameters Select_Ente
160 USD
Golden Code
Nguyen Hang Hai Ha
Expert Advisor Golden Code  analyzes RSI, ATR,  Momentum, Trend, and Money Flow to identify high quality signals. This EA is specifically designed for XAUUSD (Gold) . If you do not have experience using EA, you should use the Default Setting with initial capital from $ 500 (better $ 1000) Settings:    Max Spread  = 25 to 35  Fix Lot    = 0.0 (Auto Lot activated); Fix Lot > 0 (your lot size)   Auto Lot   = 1.0 (mean auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...)
50 USD
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Matthew Todorovski
13175
Matthew Todorovski 2018.05.10 15:07 
 

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Andrey Litvichenko
7647
Andrey Litvichenko 2017.10.23 18:09 
 

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Ali irwan
5136
Ali irwan 2017.08.17 13:04 
 

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Reply to review
Version 1.7 2016.04.01
Added new functions and changed the description.
Version 1.6 2016.01.05
-Added a filter based on the SMA and Fractal indicators;
-minor changes to the trading algorithm;
-the default parameters were changed.
Version 1.5 2015.12.08
- No signal for placing a pending order;
- Considerably enhanced the pending order modification algorithm.
Version 1.4 2015.11.13
- Parameter BE_Not_Trading_Time is not used;
- Removed parameters No_Trading_HoursStart and No_Trading_HoursEnd
- Added parameter DeletePendingOrder_SM, if set "True" it activates the function of pending order removal if the current spread exceeds Spread_Max (SM);
- Added parameter DeleteOpenOrder_DOUBLE, if set to "True" it activates the function of deletion of an order with a negative return when the second one with positive return is opened;
- Parameter DeletePendingOrder renamed to DeletePendingOrder_NTT, where NTT is Not_Trading_Time;
- Parameter DeleteOpenOrder renamed to DeleteOpenOrder_NTT, where NTT is Not_Trading_Time;
- Improved trading characteristics in cases where the first tick is lost;
- Improved trading characteristics with ModifyPendingOrder set to "true";
- Default parameters changed.
Version 1.3 2015.11.03
- Added the ModifyPendingOrder parameter. If 'true', the pending order modificaton function is activated relative to the Countback_Max_60 parameter;
- Removed the function for deleting a pending order if the current spread is exceeded relative to the Spread_Max parameter;
- Removed the function for deleting a loss-making order when opening another (profitable) one;
- Added the function for adding an entry to the Experts tab if the current spread is exceeded relative to the Spread_Max parameter;
- Added the function for adding an entry to the Experts tab if FreeMargin is below the minimum value allowed for trading;
- Changed the default parameters. It is recommended that you optimize the EA for your broker.
Version 1.2 2015.10.28
- Changed TP_points_0_Inactive to TP_points_0_Countback. If 0, a take profit is set according to Countback price parameters of the current chart;
- Added ability to set your own comment when placing an order (Comment).
Version 1.1 2015.10.21
- The breakeven algorithm has been improved.
- New function BE_Not_Trading_Time. If True, breakeven is set only at non-trading hours.