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ScorpionGrid

Multi-currency grid Expert Advisor, in most cases it receives quite accurate entries. If an entry is not accurate enough, the positions are managed using an elaborate martingale strategy.

Work on real account: http://tiny.cc/nkaqmz

Entries are performed using the signals of RSI and Stochastic indicators, in the overbought/oversold areas, plus additional entry conditions based on a proprietary algorithm.

Recommended timeframe - М15.

Input parameters

  • SetName - name of the current settings file
  • MagicNumber – magic number, identification number for a symbol.
  • slip – slippage
  • Lots – lot size
  • DepoPer001Lot – automatic lot calculation (specify amount per 0.01 lot) (if 0, the value from 'Lots' parameter is used)
  • LotExponent – Multiplier for the lot of the current opened order in the grid
  • BaseLotLevelCount – The number of legs to be sequentially opened with a base lot
  • PipStep – Minimum allowed distance between the grid orders
  • GridAvgComissionSwap – Take the commission and swap into account during the calculation of breakeven level for the grid
  • MaxTrades – The maximum number of averaging legs
  • TakeProfit – Base take profit
  • Lvl1 – № of the order (leg), starting from which the TakeProfit will be equal to TPS1
  • TPS1 – Take profit after opening Lvl1 leg
  • Lvl2 – № of the order (leg), starting from which the TakeProfit will be equal to TPS2
  • TPS2 – Take profit after opening Lvl2 leg
  • UpdateSecond - The frequency for checking the current levels
  • TrailStart – The number of points to start the trailing stop
  • TrailStop – Distance from the current price (points), at which the stop loss is moved after trailing is activated (TrailStop=0 disabled)
  • TrailLvl1,TrailStart1, TrailStop1, TrailLvl2, TrailStart2, TrailStop2 – Modify trailing stop depending on the number of orders; Lvl1, TPS1, Lvl2, TPS2 are analogous

Entry Settings

  • PeriodRSI – period of the RSI indicator
  • RsiChannel – width of the channel, when exceeded the entry conditions will be checked, at 20 it is 70/30 (50+20/50-20)
  • KPeriod – Period (number of bars) to calculate the %K line of the stochastic
  • DPeriod – Averaging period to calculate the %D line of the stochastic
  • Slowing – Slowing value of the stochastic
  • StochChannel – width of the channel, when exceeded the entry conditions will be checked, similar to RSI

Locking settings

  • LockAfterSeriesCount – № of the order (leg), starting from which a locking order will be opened
  • LockGridPercent – Percentage of the grid to cover with the locking order

Other Settings

  • SMaxDrawdownPercent – Drawdown percentage, if exceeded the averaging orders will not be opened
  • MaxSpread – Maximum spread
  • VisualDebug - Output additional information on the chart
Reviews 3
Ivan Khanin
161
Ivan Khanin 2020.09.21 06:03 
 

При достаточно большом депозите можно получать без особого риска и нервов от 1% в месяц (в среднем за 3 месяца выходит по 4-6% / месяц). Крайне доволен данным советником!

sagidavido
177
sagidavido 2020.02.07 08:18 
 

Work Well

Claudio Jones
131
Claudio Jones 2019.06.08 18:17 
 

I haven't doubts about the operation of this EA, it is perfect for my strategy, the risk management and the indicators used work very well integrated, until today without loss I thank the author very much.

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Any EA can't guarantee our eternal and stable profit, but it is a manifestation of trading ideas. The quality of the back test data is an intuitive affirmation of the EA. If an EA backtest result fails, we will not believe that it can make money for us on the firm offer. On the contrary, EA, which produced a beautiful asset curve in the process of backtesting, is worthy of our belief that she can meet the challenge of updating.  GOLD ONE HOUR is specially made for gold varieties to run in one h
10 968 USD
Hamster Scalping mt5
Ramil Minniakhmetov
Hamster Scalping is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The RSI indicator and an ATR-based filter are used for entries. The advisor needs a hedging account type Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller General Recommendations The minimum deposit is $100, use an ECN account with the minimum spread,  default settings reccomend for eurusd m5 gmt +3 .  Skype is  here . Te
99 USD
GOLD EAgle mt5
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!!   🏃   🏃   🏃   This GOLD EAgle is created for the XAUUSD (GOLD). This is a trend strategy that uses the   TrendLine PRO   indicator and trades on the M1-M15 timeframes BLOG of GOLD EAgle:  here 📢   Telegram: https://t.me/   INFINITY_PRO_ED   📈  Real account signals:     here 🔥🔥🔥   Promo "Buy one Get one free ►     https://www.mql5.com/en/blogs/post/740436 The EA has a mobile trading panel for managing auto-trading functions and the ability to
125 USD
Stock Trader Pro MT5
Ivan Pochta
Stock Trader Pro v.1.1 Launch Promo 5 / 5 additional copies by price $750 Next Price $990 Normal Price $1250 Stock Trader Pro   is a fully automated trading advisor designed to work in the   Stock Markets , in particular, to trade shares of the largest companies in the   US Stock Market . The system is based on the author’s trading strategy. Unlike Forex systems,   Stock Trader Pro     opens only LONG positions on the global trend on price pullbacks (corrections), analyzing data from several ti
750 USD
Aint No Trend MT5
Evgeniy Scherbina
Ain't No Trend is a neural advisor trained to trade with 15 symbols: AUDUSD, CADJPY, EURJPY, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, USDNOK, USDSEK, USDSGD, XAUUSD (or GOLD). If your symbols have a suffix (ex: EURUSD_i), you should set the value of Suffix accordingly. Otherwise the advisor will not work. The advisor uses target levels incorporated in its body. You cannot change them because they were part of the training process. You can set your stoploss. Attention! The
125 USD
Steady MT5
Andrey Barinov
"Steady" is a 100% adaptive expert advisor based on price movement. It has a built-in unique Smart Recovery algorithm. Only one trade at a time. Every trade has Stop Loss and Take Profit from very beginning, and they do not change. This is for those, who are looking for steady and stable growth over the long run. Take advantage of the launch promo price.   Price will be increased up to $799 starting from November 1-st. "Steady" for MetaTrader4 is here:  https://www.mql5.com/en/market/product
499 USD
Harpia B3
Robson Santos
HARPIA B3 (Brazil Bolsa Balcao) is a Scalper  Expert Advisor. Main Contracts: Mini Index and Mini Dollar - WIN and WDO. Configuration Suggestions: HARPIA | B3 Settings Magic Number:  ID that must be changed if you want to install the Expert Advisor on different graphics, without interfering with each other, and behave as a single Expert Advisor. Max Spread By Tick Size:    2  by default. Larger spreads are not recommended because of the strategy. Lots Mode: you can choose between Fixed Lot or Au
222.97 USD
SharkEA MT5
SERGEI RIEBIN
LAUNCH PROMO: ONLY 3 COPIES OUT OF 10 LEFT AT $349! Next price:        $399 Final price:        $599 This robot goes with   short term trends   that are typical for liquid markets such as Forex. It uses   mean reversion   principle together with   careful filtering   of entries and advanced  «smart»  price tracking algorithm   to maximise win rate while keeping risks at bay. It is intended for   long term use   only. It is more suitable for experienced users. Lots of settings for customization.
349 USD
AW Recovery EA MT5
Alexander Nechaev
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 o
145 USD
Filter:
Ivan Khanin
161
Ivan Khanin 2020.09.21 06:03 
 

При достаточно большом депозите можно получать без особого риска и нервов от 1% в месяц (в среднем за 3 месяца выходит по 4-6% / месяц). Крайне доволен данным советником!

sagidavido
177
sagidavido 2020.02.07 08:18 
 

Work Well

Claudio Jones
131
Claudio Jones 2019.06.08 18:17 
 

I haven't doubts about the operation of this EA, it is perfect for my strategy, the risk management and the indicators used work very well integrated, until today without loss I thank the author very much.

Reply to review
Version 2.4 2019.10.17
SMaxDrawdownPercent now works in the tester
Version 2.3 2019.09.24
Added setting to disable "Currency Filter"
Version 2.2 2019.06.06
zero balance bugfix
Version 2.1 2018.02.14
Fixed the "invalid fill" error
Version 2.0 2016.09.29
Protection against placing orders in case the terminal returns a zero value for the current price.