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  • Reviews (3)
  • Comments (5)
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SmartScalper

3.67

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
Reviews 3
Claudio Locher
48
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.

Pascal-Yves Murundelger
2904
Pascal-Yves Murundelger 2019.09.26 07:42 
 

Another great indicator from Oleg, probably my favorite.

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Introducing   Quantum Breakout PRO , the groundbreaking MQL5 Indicator that's transforming the way you trade Breakout Zones! Developed by a team of experienced traders with trading experience of over 13 years, Quantum Breakout PRO is designed to propel your trading journey to new heights with its innovative and dynamic breakout zone strategy. Quantum Breakout Indicator will give you signal arrows on breakout zones with 5 profit target zones and stop loss suggestion based on the breakout box.
Royal Wave Pro M4
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Royal Wave is a Trend-Power oscillator which has been programmed to locate and signal low-risk entry and exit zones. Its core algorithm statistically analyzes the market and generates trading signals for overbought, oversold and low volatile areas. By using a well-designed alerting system, this indicator makes it easier to make proper decisions regarding where to enter and where to exit trades. Features Trend-Power Algorithm Low risk Entry Zones and Exit Zones Predictions for Overbought and Over
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A visual  multitimeframe indicator designed for both beginners and professionals.    Developed using MACD, CCI and Laguerre and the principle of three screen.    This original indicator will help you: accurately enter the market; reduce the number of errors when opeinng orders; visually see market movement; predict price movement(in absent of significant news); do not rush to close profitable trades prematurely and increase profit; do not rush to enter the market and wait for "easy prey". The
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The BuySellAlert free arrow indicator is developed based on the use of HMA, Laguerre, CCI, and ATR. The BuySellAlert free arrow indicator: generates possible entry points  for BUY and SELL ; displays current profit ; displays  current spread. The profitability of the indicator is shown in the screenshot on the example of the GBPUSD pair Does not redraw and works on opening bar. Timeframes - M1-H1. Recommended TimeFrame-M15. The BuySellAlert free  works only with  AUDUSD . Version without restric
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IntradaySignals
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Intraday Signals is a visual and effective semi-automatic trading system, that: generates possible entry points to open BUY and SELL trades; displays recommended  Take Profit and Stop Loss; displays current profit on open trade; displays  current spread. The profitability of the indicator is shown in the screenshot on the example of the GBPUSD pair Does not redraw and works on opening bar.  Time frames - M1-H1. Recommended TimeFrame-M5-M15. Signals are produced based on the used of HMA, Laguerre
The BuySellAlert arrow indicator is developed based on the use of HMA, Laguerre, CCI, and ATR . The BuySellAlert arrow indicator: generates  entry points  for BUY and SELL  displays current profit ; displays  current spread. The profitability of the indicator is shown in the screenshot on the example of the GBPUSD pair Does not redraw and works on opening bar. Time frames - M1-M30. Recommended Time frames M5-M15. Setting ALARM - enable/disable the alarm; Push    - enable/disable Push notificatio
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Claudio Locher
48
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
89
shige1515 2019.10.14 02:29 
 

User didn't leave any comment to the rating

Pascal-Yves Murundelger
2904
Pascal-Yves Murundelger 2019.09.26 07:42 
 

Another great indicator from Oleg, probably my favorite.

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Version 3.0 2021.12.20
Algorithms improved