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FireBall Scalping

Summary of my Expert Advisor:

  • Method - scalping, ticks and time.
  • Timeframe - any.
  • Indicators - none.
  • Advantages - high-frequency trading, high volume trading (good for bonus and rebate account type), low drawdown, high profit factor.
  • Requirements - low spreads, best VPS or high speed connection, good PC or servers.
  • Symbols - EURUSD , GBPUSD, USDJPY.
  • Brokers - STP/ECN.

I have some ideas to upgrade my first Expert Advisor (TheNext1) to make it one of the strongest EAs on the Market, and I find a Scalping method is one of the best ways to help TheNext1.

I publish the second EA FireBall Scalp for traders who like scalping only!

In Forex market, sharp price movements happen every day and even every hour. That is a chance for Scalping, traders can quickly enter and quickly exit with small profit in very short time! BUT SCALPING is very difficult for traders for the following reasons: no good brokers, limits on accounts, network latency between the terminal and the trading server. And there are many big traders (banks, liquidity institutions, big brokers, etc.) that are always faster than small traders!

Fireball Scalp can catch sharp moments at Forex market (normal conditions and high liquidity trading volume), quickly calculate and open or close positions with a high initial volume. My Expert Advisor can do it with a high speed, within <1 tick or even less than 100 milliseconds, so it can catch any price changes!

My Expert Advisor provides traders with the possibility to choose the best settings for real trading. For example: time for calculation of price movement range, maximum ticks within a time range, break out range, time delay for checks, etc.

Currently, this Expert Advisor can work on EURUSD, GPBUSD and USDJPY only.

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Jack of all Trades MT5 is an Expert Advisor for trading high market moves. This is a fully automated EA optimized for multicurrency EURUSD, EURGBP, GBPUSD, USDCAD, USDJPY. The EA can be used on any timeframe because the indicators are locked to M10. The EA uses MACD(7,21,4), MOMENTUM(11) and candlestick history for last 10 candles on M10 for creating a signal. Because the EA is locked on M10, the trades will open on the same spot, it does not matter, on which timeframe it is tested. The EA also
1 500 USD
Snake EURUSD
Thurau Baerbel
Snake EURUSD Real EA is a fully automatic Forex Trading Expert Advisor. The robot can run on any pair, but the results are better on EURUSD M15. The system can run with any broker that also provides Floating Spread. Advantages The EA does not use systems like martingale, hedging, etc. The EA uses SL and Trailing Stop to make a profit. In addition, you can also set TP (EURUSD at 93 for me). Best test results with 99.0% in the backtest. It is not necessary to close the EA during the press releas
4 500 USD
Triton
Marek Kvarda
This robot is designed for major currency pairs and trades three strategies. 1- swing, 2- gap, 3- support and resistance. It uses the algorithm for analysis of price data and finds the best parameters. Trades are filtered by results of analysis of daily and monthly chart for the last 12 periods. The Swing strategy can be used on TF H1 or M30, or also on M15 or M5 (more trades but higher risk) The Gap strategy is recommended on M30 or H1 The Sup./Res. strategy is recommended on M30, H1 or H4 Defa
1 100 USD
MoneyBall
Sergei Krupich
DESCRIPTION Using a proprietary algorithm, this expert analyzes historic price action and places trades with an anticipated direction of a trend. This EA works great with a basket of currencies and optimizes it to reduce exposure to any specific instrument. The EA can be applied to HEDGING as well as to NETTING broker accounts. Many trading robots are over-complicated with input parameters. This expert's settings have been simplified for an easy setup. Just attach it to your chart and let it do
1 500 USD
BenefitEA Mt5
Vsevolod Merzlov
Benefit EA Uses only hedging accounts.     Benefit EA is a non-indicative flexible grid adviser with special entry points that provide a statistical advantage, revealed through the mathematical modeling of market patterns. The EA does not use stop loss. All trades are closed by take profit or trailing stop. It is possible to plan the lot increments. The "Time Filter" function is set according to the internal time of the terminal as per the displayed time of the instrument's server, not the ope
30 000 USD
Self Learning MT5
Anddy Cabrera
Recurrent reinforcement learning Recurrent reinforcement learning (RRL) was a technique to tune financial trading systems for the purpose of utility maximization. The RRL technique is a stochastic gradient ascent algorithm which continuously optimizes a utility measure by using new market information. Although, in most discussions on RRL, the market information usually comprises a series of lagged price returns. The basic RRL trading system is designed to trade a single-asset with a two-position
5 000 USD
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Version 2.2 2014.07.31
New version works better!
Version 2.0 2013.10.16
- Fixed the case with opening 1 trade only.
- Upgraded Trailing stop active conditions.
- Some improvements for working better.
- Changed some default settings.
Version 1.3 2013.08.22
- Trailing stops work better.
- Default setting for ECN broker, USDJPY pair. Also improved working on EURUSD (not best setting).
- If not ECN: set "Range 1 & Range 2" to less than 10 points (like older version 1.2: Range 1 = 7-9 )
- Less input parameters.
- Add buy or sell only options.
- Add filter market options.
- Some improvements for working faster.
Version 1.2 2013.08.07
- Fixed opening new trades.
- Added input for maximum total volume for trading.
- Some improvements for working faster.