• Overview
  • Reviews (13)
  • Comments (338)
  • What's new

Razor scalper

Razor scalper is a fully automated scalping Expert Advisor based on price level breakthroughs. The EA does not use indicators. Each entry point is calculated using an advanced entry filter based on price chart movement analysis. All trading positions are controlled by a tight hidden stop order allowing you to minimize a drawdown and protect the deposit. A profit is fixed by the dynamic stepwise algorithm allowing the EA to take a maximum profit. The EA allows selecting either a fixed trading lot or using an auto lot based on the maximum acceptable drawdown specified in the settings. I recommend using VPS and a reputable ECN broker with a low spread and fast order execution for better trading results.


Advantages

  • Dynamic profit fixing algorithm.
  • Money management system.
  • Hidden tight stop order.
  • Low drawdown.
  • No martingale, no grid, no arbitrage.
  • Indicators are not used.
  • Easy to set up.


Requirements

  • Platform: MT4.
  • Symbols: EURUSD H1, H4.
  • Minimum deposit: $100.
  • Leverage: 1:300-1:500.
  • ECN account with fast execution and low spreads.
  • VPS hosting is recommended.


Input parameters

  • Lot - fixed trading lot if MoneyManagement = false.
  • MoneyManagement - trading lot recalculation based on RiskPerTrade parameter.
  • RiskPerTrade - risk per trade, %.
  • EAPerfomance - EA performance, %.
  • TradeParts - maximum number of profit fixing stages.
  • TPSmooth - averaged distance between profit fixing stages, in points.
  • MinTP - minimum profit, in points.
  • MaxSL - maximum stop order, in points.
  • TrailSL - stop order modification step, in points.
  • VisualSL - if true, enable visual stop order.
  • SelectiveMode - if true enable two direction trading mode;
  • MaxSpread - maximum value of the current spread, in points.
  • TimeFilter - if true, use the time filter.
  • TradeMonday - if true, enable trading on Monday.
  • Trade - Tuesday - if true, enable trading on Tuesday.
  • Trade - Wednesday - if true, enable trading on Wednesday.
  • Trade - Thursday - if true, enable trading on Thursday.
  • Trade - Friday - if true, enable trading on Friday.
  • Start - Hour - trading start time, in hours.
  • StartMinute - trading start time, in minutes.
  • End - Hour - trading end time, in hours.
  • EndMinute - trading end time, in minutes.
  • TradeComment - EA order comments.
  • ShowPanel - show the info panel.
  • Slippage - acceptable slippage, in points.
  • Request - number of requests sent to the broker.
  • Magic - EA's order magic number.


Recommendations

  1. Fixed lot 0.1-0.3 per each 1000 units of the deposit currency.
  2. In case of an auto lot, use RiskPerTrade = 1-4% according to the MM rules.
  3. Use a separate trading account.
  4. Use a VPS.

Feel free to contact me if you have a question. I will answer as soon as possible.

Luke Denoli
123
2017.03.20 20:25 
 

i'm testing since two weeks, so far so good.

jinhee Lee
644
2017.03.19 07:09 
 

The author is always very responsive and supportive. He is trustworthy and honest.

Md Monir Hossain
147
2017.03.07 08:50   

Testing

Laucsap Re
69
2017.03.02 16:51 
 

Hello, Mr. Ivan great professional, support and meets his word, his top quality EA, certainly 5 stars.

I recommend it

sloshliuxin
111
2017.03.02 12:55 
 

This ea is smart,and the author is a good man.For now,it is working good with some profit.

mayamak
1084
2017.02.27 21:00   

testing

Lixin Jia
133
2017.02.17 14:53 
 

Good Ea. Good support from author.

paolomisson
26
2017.02.14 19:54   

Hello. Can you send me raccomanded brokers? I use aaafx is it good?

Marco Solito
100
2017.02.10 13:48 
 

this is a very good EA. you have to use it with low spread and give noticeable results. the creator is very helpful. this EA does not lose. I have tested on all the years. small descents huge climbs. perfect!

nep1981
96
2017.02.07 21:28 
 

The Ea works well and author is very helpful. I recommend.

Xi Lu
315
2017.02.02 11:09   

设置参数文件发一份来

MrSkiper
40
2017.01.18 14:04 
 

Excellent so far. Good for long term trading.

Great and very fast support of Ivan.

garstuk
74
2017.01.06 13:55 
 

Good Ea. Good support from author.

Version 1.9 - 2017.02.14
- Improved expert algorithm to reduce the number of losing trades and to raise the profit/loss ratio.
- Implemented cyclic sending requests for modification and closing orders. The number of requests is determined by the new Request parameter.
- Added a new VisualSL option, which allows to use a visual stop order.
- Loaded new optimal settings.
- Fixed bugs.