Market / MetaTrader 4 / Indicators /

SmartScalper

82 USD

Demo downloaded: 788

Published: 28 April 2017

Current version: 3.0

SmartScalper

Indicators
Oleg Borisov
Version: 3.0
Updated: 20 December 2021
Activations: 12

The easy-to-use trading system SmartScalper generates the following signals:

BUY
SELL
close BUY
close SEEL

SmartScalper works on the М15 timeframe and is optimized to work on GBPUSD, XAUUSD, GBPJPY, EURJPY, EURUSD.

12 different sets of trading algorithms are designed for trading (6 buy and 6 sell trades), which can be quickly selected by the trader using buttons in the indicator window, or are set in the input dialog.

The efficiency of the trading algorithms chosen by the trader is measured in real time by an internal tester whose evaluations are immediately displayed in the indicator window, and include the features such as:

average daily profit (in points)
profit factor
the probability of a profitable trade
gross profit
the average losing trade
the average winning trade

The possibility to quickly select trading algorithms using buttons in the indicator window and instant evaluation of their effectiveness using an integrated tester allows you to quickly optimize the trading system (no more than 2-3 minutes for each currency pair). This makes it possible to easily and promptly (with a frequency of 2-5 times per week) adapt your system to the changing market.

To configure the system in real-time trading, a history of 10-30 days is used (the number of days is specified in the input panel). One of the approaches to history selection is shown in the screenshot.

The configured system will trade effectively until the nature of market movements significantly changes.

The system's trading on a currency pair can be considered efficient, if the monthly profit is at least 10-15%.

The Takeprofit and StopLoss levels are dynamic and optimized on history data. The maximum StopLoss level for Buy trades is set at 460 points (5 digit quotes), for Sell trades it is 560 points.

SmartScalper is supplemented with a multi-timeframe indicator that helps to filter out false signals.

It includes a built-in alert system to notify of trading signals generated by the system.

To reduce the delays in the system operation, the "max. bars in window" parameter in the setup panel is set to 2500-5000 bars.
During testing, the trading algorithms can be selected using the input panel (buttons are not activated).
It is advisable to perform configuration and evaluation of the system in testing mode at a time interval of 10-30 days.

Settings

show_trading_algorithms_buttons - show buttons to select trading algorithms
Days_history - choose history in days
buy_1 - buy_6 - choose trading algorithms for Buy signals
close_buy_on_sell - allow closing buy trades upon sell signals
sell_1 - sell_6 - choose trading algorithms for Sell signals
close_sell_on_buy - allow closing sell trades upon buy signals
show_statistics - display tester statistics
alarm_ expert - enable/disable sound alerts

more...

Claudio Locher 2021.11.19 20:45 #

Sehr guter Indikator. Vielen Dank für diese gute Arbeit. Setze diesen auch bei Indizes ein, mit tollen Ergebnissen.

3173

Pascal Murundelger 2019.09.26 07:42 #

Another great indicator from Oleg, probably my favorite.

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Filter:

Claudio Locher 2021.11.19 20:45 #

Sehr guter Indikator. Vielen Dank für diese gute Arbeit. Setze diesen auch bei Indizes ein, mit tollen Ergebnissen.

shige1515 2019.10.14 02:29 #

User didn't leave any comment to the rating

3173

Pascal Murundelger 2019.09.26 07:42 #

Another great indicator from Oleg, probably my favorite.