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Scalping Trap EnvBB

Scalping_Trap_EnvBB is an automated trading scalper EA that will detect high-probability entries for price action breakouts on the current chart timeframe. It uses intelligent algorithms to adapt to the market based on combinations of the Bollinger Bands, Envelopes and Fractals indicators. The trading strategy can be selected in the parameters. This allows to fine-tune the EA for various trading instruments and use tactics of multi-currency trading.

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 smart take profit 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 - the magic number for the EA's short positions;
  • Spread Max - maximum spread, the EA will not trade if the current spread is above Spread_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_Balance_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_Balance_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 EnvBB - take profit in points, if set to 0, then take profit is set according to the parameters of the Envelopes or Bollinger Bands indicators;
  • SL points 0 EnvBB - stop loss in points, if set to 0, stop loss is set based on Envelopes or Bollinger Bands price parameters;

Settings of Indicators

  • Period BB - period of the Bollinger Bands indicator, if set to 0, then the period will be set according to the Period Env parameter
  • Deviation BB - deviation of the Bollinger Bands indicator
  • Period Env - period of the Envelopes indicator, if set to 0, then the period will be set according to the Period BB parameter;
  • Deviation Env - deviation of the Envelopes indicator;
  • Shift Back_Env - sets the shift back for the Envelopes indicators.
  • Shift Back_BB - sets the shift back for the Bollinger Bands indicators.

Time Settings

  • Expiration Minutes - number of minutes before the expiry of a pending order, if Expiration_Minutes is set to 0, then entries are performed using market orders;
  • Trading HoursStart - trading start hour;
  • Trading HoursEnd - trading end hour;

Trading Settings

  • 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.
Reviews 3
Alex
73
Alex 2017.09.12 08:30 
 

Great

Ezequiel Mauro Schwab
1330
Ezequiel Mauro Schwab 2016.09.01 08:13 
 

Excellent product and excellent price! Totally recommended, and vendor is very helpful giving away setfiles for different pairs providing diversification!

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Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool. The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies of
145 USD
Panther Trader Pro
Michela Russo
Panther Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Fox Trader Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 message or
199 USD
ProFx MT4
Sergej Maehler
FxPro Expert Advisor  is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit. Live Monitoring, EURUSD H1, D
499 USD
Turbo Scalper M1
Andrey Kozak
TURBO SCALPER M1 is a fully automatic trading robot for the GBPUSD currency pair. The robot works on the M1 timeframe. This is the smallest and most dynamic timeframe on the Metatrader4 platform. The algorithm of the robot's work is to analyze the market dynamics using the analytical module of signals, after which the robot opens pending orders and looks where the price is going. If the price moves in the right direction and breaks through the placed pending order, the robot starts following it
1 250 USD
The Grand Trader
Stefan Petkov
Copies left at the price of $800 : 1 We have invested more than 200K Euro in our experience. Do you want to join us in our journey ? The Grand Trader is trading with our own REAL MONEY. We are not relying on back-testing! We are confident in our knowledge and experience in the Forex Market!  Live signal monitoring :  https://www.mql5.com/en/signals/831036 Please note that the Backtest has been performed on MT5 terminal due to its ability to test different time frames and different currency pa
800 USD
Isolation
Vasiliy Strukov
⭐⭐⭐⭐⭐ I am glad to welcome you on the page of my product - I am its author Vasily Strukov.⭐⭐⭐⭐⭐    Isolation - an adviser using the TMA indicator to enter a position. It can be used on simple charts of currency pairs, and it also includes an innovative algorithm that allows you to trade it on Renko bars. When buying an adviser, you can get Renko Builder as gift, which I use  in working with an adviser. Manual for EA add at comment #8  By  purchasing  this Expert Advisor you are entitled  to rec
50 USD
Simple Forex Robot
Svetlana Visnepolschi
Simple Forex Robot is intended primarily for beginner Forex traders. It is a fully automated trading robot with a minimum of settings. Most of the parameters are optimized, set in advance and hidden, the user only needs to launch this EA in the chart window of any of the supported currency pairs and it will trade on all supported instruments.  The robot is intended for use on currency pairs:  EURUSD, EURGBP, UERCHF.  Recommended timeframe is  M15 .  EA uses a method of predicting probabilities b
45 USD
Snake Crazy Pro
Michela Russo
Snake Crazy Pro is a trading robot  for the trading on forex. This is a complete system with  11 Strategy in 1 EA . This Robot opens a  large number of orders . Please note, this EA made over 1300% Live trading profit in REAL ACCOUNT : https://www.mql5.com/en/signals/799160 Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Spider Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   Th
149 USD
Filter:
Fabio Consola
123
Fabio Consola 2018.06.02 09:45 
 

1.Per ora tutto bene....CONSIGLIO!!!

2.After a month of profitability (set provided by the programmer), when he comes to trade, he always misses the direction and often opens another position on the same pairs. This produces large losses.

Alex
73
Alex 2017.09.12 08:30 
 

Great

Ezequiel Mauro Schwab
1330
Ezequiel Mauro Schwab 2016.09.01 08:13 
 

Excellent product and excellent price! Totally recommended, and vendor is very helpful giving away setfiles for different pairs providing diversification!

Reply to review
Version 2.0 2016.10.12
Changed the trading algorithm when opening the second order
Changed the default parameters to: M EURUSD_M30 0_00001 STEnvBB_2_0 (trading by market entry);
Added the Shift Back_Env and Shift Back_BB functions instead of the ShiftBack_EnvBB.
Version 1.8 2016.08.11
Improved algorithm;
Function Countback Max 100 has been removed
Version 1.7 2016.07.19
Improved the operation algorithm. Now the EA trades either pending Stop orders (when Expiration_Minutes is greater than 0), or market orders (when Expiration_Minutes is 0).
Added parameter:
-ShiftBack_EnvBB, that sets the shift back for the Envelopes and Bollinger Bands indicators (more effective for entering by market, when Expiration_Minutes is equal to 0).
Removed parameters:
-Pending Order Stop - activates trading pending Stop orders;
-Pending Order Limit - activates trading pending Limit orders.
Version 1.6 2016.06.07
Removed parameters: DeleteOpenOrder_NTT and DeletePendingOrder_NTT
Added the trailing stop feature, which modifies the stop loss at the distance of the BE_points_0_Inactive parameter, following the price (works based on opening prices).
Version 1.5 2016.05.17
-Added new parameter Countback_Max 100 - number of bars on the current timeframe for determining market entries;
-changed default parameters: EURUSD M30 0.00001
Version 1.4 2016.05.05
Implemented active functions:
- DeleteOpenOrder_DOUBLE;
- Strategy Extreme.
Version 1.3 2016.04.29
Improved the stop loss and take profit triggering parameters.
Version 1.2 2016.04.12
Reduced frequency of warning messages, now they appear at the first tick of a bar (First tick).
Version 1.1 2016.04.08
Removed the Reserve_Balance function.
Added money management functions:
- 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.
Updated description.