Drop Scalper Expert Advisor

MONEY MACHINE - Drop Scalper Expert Advisor

This is an automated trading robot designed to detect sharp price drops from recent peaks in financial markets and execute dynamic buy positions. The algorithm is specifically engineered to capitalize on and profit from mean reversion tendencies after the price enters oversold zones.

When no active positions are present, the system continuously tracks the highest price peak. It triggers the initial "Buy" position once the price falls by a predefined amount of pips from that specific peak. If the market continues its downward trend, the expert advisor deploys a second-tier position at a pre-optimized depth. This secondary grid layer is designed to effectively balance the overall average entry cost of the basket.

External Input Parameters

  • InputLotSize: Defines the fixed trade volume size for each opened market position.

  • InputDropPips: Specifies the required drop distance in pips from the recent peak to trigger a Buy execution.

  • InputProfitPips: Sets the target profit level in pips for a single position or the entire basket average price.

  • InputMagicNumber: Provides a unique identification number for the EA's managed orders to avoid conflicts.

Specifications and Recommendations

  • Recommended Symbols: EURUSD, GBPUSD, or major liquid currency pairs (XAUUSD).

  • Recommended Timeframes: H1 (1-Hour) or H4 (4-Hour) charts.

  • Included Components: This expert advisor integrates the standard native library #include <Trade/Trade.mqh> to manage robust order placement and position closures seamlessly.


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XIRO Robot is a professional trading system created to operate on two of the most popular and liquid instruments on the market:  GBPUSD, XAUUSD and BTCUSD . We combined two proven and well tested systems, enhanced them with multiple new improvements, optimizations and additional protective mechanisms, and integrated everything into one advanced and unified solution. As a result of this development process, XIRO Robot was created. Robot was designed for traders who are looking for a reliable and
SomaGold
Andrii Soma
5 (2)
Experts
SomaGold is a multi-strategy breakout Expert Advisor for MetaTrader 5, built exclusively for Gold (XAUUSD). One chart, one EA, 32 independent strategies running together as a single diversified portfolio. Live Signal. This is my first published EA on MQL5. To make it accessible at launch, I am using a transparent ramping-price model: Launch price: 100 USD The price increases by 100 USD for every 10 copies sold Early buyers lock in the lowest price for the lifetime of the product. Concept Instead
Range Breakout EA with Range Filters
Jimmy Peter Eriksson
4.44 (18)
Experts
UPDATE - FEW COPIES LEFT AT CURRENT PRICE! Not For Traders Who Want To Flip An Account In One Month No Martingale / No Grid / No AI Professional Breakout System For XAUUSD, USDJPY, BTCUSD, US30, and DE40 Live Results:  Live Signal  |  Main Portfolio  |  FTMO Results  |  Public Community Prop Firm Ready! The Range Breakout EA Range Breakout EA is based on a well-known market behaviour: changes in volatility between trading sessions. Volatility is usually low during the Asian session, creating a
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