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Free Denderit Scalper

Free Denderit Scalper is a free version of Denderit Scalper Expert Advisor. This version has limited trading abilities. It trades only using a Minimum permitted amount of a lot and max open 4 order.

https://www.mql5.com/en/market/product/16980

Free Denderit Scalper is a multi-currency Expert Advisor which works on many symbols and M1 or M5 timeframe.

The Expert Advisor does not use high-risk trading strategies like Martingale. The EA works with take profit, Elman Neural Network and and do not use stop loss.

It can also be used on other major pairs.

The Expert Advisor is based on 42 input nodes and 2 output nodes of a neural network and the sigmoid function of their automatic learning on real trading. Trading is performed on almost every candle. Denderit Scalper learns by history candle and predicts the next candle.

Special attention should be given to the output node. It uses a separate layer of the neural network and makes better predictions if there is a confirmation that the trend changed and the price will not return again.


Recommendations

  • Needs at least 1:500 leverage.
  • You can begin to use it with $1000 only.
  • The used timeframe is M1 or M5.


Parameters

  • MaxSpread: maximum spread to limit spread allowed to trade.
  • Slippage: permissible slippage for opening an order.

Parameter and features is limited in the free version.

Eleni Anna Branou
3629
2017.02.13 18:49 
 

Good work.

Sajo jo
74
2017.02.05 16:43 
 

perfect but needs a little improvement

Saxo Bank
64
2017.02.04 16:55 
 

Very good

gimar
32
2016.11.18 16:08 
 

Non fissa s.l., se entra in trend contrario grandi perdite.

Version 1.25 - 2016.09.05
Money management improvements
Version 1.20 - 2016.08.31
bug repair