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Poseidon Scalper

This EA uses scalping strategy, choosing the entry points carefully and unhurriedly.

This Expert Advisor is intended for trading EURUSD M5. Terminal - MT4.

A small number of settings makes the Poseidon Scalper understandable even for inexperienced traders.


Parameters

  • StopTradeLevel - the value of the balance to stop trading;
  • EAMagic - EA's magic number;
  • EAMagic2 - EA's second magic number;
  • TimeToClose - time in seconds, after which the trade is considered prospectless and is closed;
  • Risk - percentage of the deposit, used for the automatic calculation of the lot
  • AutoLot - can be set to "1" or "0". When set to "1" the EA selects the lot size for trading depending on the balance value.
  • Lots - lot size is set by user, if the value of AutoLot is "0".
  • SpreadLevel - maximal spread size for trading.
  • TerminalGMTshift - time shift of your brokers terminal in regard to GMT time.
  • SummerAdjustment - summer time adjustment (only for EA testing, to get more accurate result). Must be equal "0" in real trading.

Default settings are recommended, but you can experiment with the optimization for your broker, if you wish. Especially with the TimeToClose parameter.

Recommended broker - any 5-digit with the spread on EURUSD less than 20.

EA testing on your broker before buying is a must!

Below are the screenshots with different levels of the Risk parameter.

I will be happy to answer any questions you may have.

Have a successful trading.

mayamak
1200
2017.01.18 10:47 
 

Start date of EA: 10.01.2017, risk=7.5, vps mql5 - latency less than 1.5-2ms.

***I will update my rewiev with stars rating and 2 real accounts results (LMAX lev-1:100, Tickmill-UK lev-1:100, ICMarkets lev-1:500) after more than one month of using.

.

update #1:

first week - Tickmill-UK live account results - https://www.mql5.com/en/market/product/15111#!tab=comments&page=4&comment=4009054

Rating: I'm giving 4 stars right now. If EA will continue profit longterm I will change it to 5 stars, if not it will be suitable to EA trading.

reason: very good backtest results on my accounts, first trades made profit, developer made update with response to my personal request about comments to trades and update with functionality to trading with several EA's on one account. Very good contact!

thecrow152
194
2017.01.17 14:33   

IC Markets, good but very rare entry points and scalper like small profit

Will update

Version 12.1 - 2017.02.10
Optimized the code of the EA.
Version 12.0 - 2017.01.10
Fixed compatibility problem while concurrently running multiple EAs on the same account.
Version 11.0 - 2016.12.22
Some GMT parameters were changed.
Version 10.0 - 2016.12.19
Manual set of time zones and spread were added.
Version 9.0 - 2016.12.09
Added the ability to set the lot size manually.
Version 8.0 - 2016.08.15
Code has been changed.
Version 7.0 - 2016.05.20
New instruments have been added.
Version 6.0 - 2016.05.13
Position opening parameters have been upgraded.
Version 5.0 - 2016.05.06
Parameters of position opening have been changed.
Version 4.0 - 2016.04.26
New trading instruments have been added.
Version 3.0 - 2016.04.21
1. Added the ability to trade on the ECN accounts.
2. Added new instruments for trading.
Version 2.0 - 2016.04.11
Stop orders management was upgraded to make trading more secured.