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Advanced Scalper

Advanced Scalper is the result of more than 15 years of studying the markets and programming expert advisors. It uses very advanced exit-algorithms and has a build in spread-filter and slippage-control algorithms. It is fully customisable to suit the client's needs and offers many setup possibilities. Of course there are also recommended settings which will be available in the comments-pages.

The basic logic of the EA is already running for more than 2 years on live accounts with success. These results will also be posted in the comments-pages.

In theory, the EA can be applied to any low spread market that has good liquidity, though I recommend these currency-pairs in particular: EURUSD, USDJPY, GBPUSD and XAUUSD.

The EA can be used in 2 ways (at the moment):

  • Fully automatic trading, using a High/Low breakout system for entry calculations. This mode can be run on any timeframe, but for more secure entry points, I recommend using H1 or H4.
  • As a tool for manual trading strategies, where the trader can pick the entry points, or in combination with other EA's for setting the entry points, and the Advanced Scalper EA will use its advanced exit-algorithms to follow up those trades.

In the future, new entry-strategies and/or exit-strategies might be added to the EA, but only if they pass my strict quality control.

For latest presets and manual: https://www.mql5.com/en/users/strueli/blog


Main Characteristics of the EA

  • Strict use of stoploss on every trade
  • very advanced SL-management
  • spread filter to avoid trading during bad market conditions
  • slippage control algorithm, to avoid bigger losses during heavy slippage
  • fully automatic mode, with adjustable entries
  • exit-strategy can be used on any manual trade(s) or on trades from other EA's
  • survives strict high quality backtests, with real variable spreads, commission and random slippage at 99% tickquality
  • Proven live results on "high balance" accounts and with several different brokers.

It is recommended to use the EA on brokers with low spread, low commission and fast execution. Also a broker with STOPLEVEL=0 will work best (=minimum distance to put SL).

Most ECN Brokers have these qualities.


Parameter Overview

(this is a short version of the description. The full description is available in the manual, which is available here)

  • spread/slippage filters -> Here you can set the spread filter and the slippage control
  • time filters -> here you can set friday-stophour as well as the NFP filter
  • other filters -> here you can set various options, like Virtual SL mode and preferred chart-information
  • Strategy 1 - Trade Entry management -> here you can set the various parameters to determine the entry of the trades
  • Strategy 2 - Manual trade settings -> here you adjust the selection of trades for manual trading, or monitoring of trades from other EA's
  • Trade Exit management -> here you can set all the different exit-strategies, SL and TP management
  • Lotsize Settings -> here you can set the method of calculating the lot size for Strategy 1
  • Trading Hours -> here you can determine during which hours the EA should be active (for Strategy 1)
Eric Ruvalcaba
519
2018.05.09 00:52 
 

Excellent support by Wim, EA shows very stable operation on my real account. Long term results seem promising.

My results: https://www.mql5.com/en/market/product/24254#!tab=comments&page=40&comment=7377911

Ron David Klassen
620
2018.05.03 06:18 
 

User didn't leave any comment to the rating

cici0717
175
2018.04.27 18:41 
 

User didn't leave any comment to the rating

bluefx
36
2018.04.07 16:59 
 

I decided to give one star to this product because the developer deleted the MT4 signal related to this product after he got a few months of straight losses. He then started a new signal with a penny account so he can hide the previous losses. I find it a dishonest practice that should not be encouraged. People who buy this EA will have to use it with a decent account to hope cover its price but once they get losses, they cannot just erase the losses and start a new account from scratch...

Regarding the EA itself, the developer gives 3 set files on EURUSD and provides the backtests associated with these set files. Backtests are very profitable, but results have been very bad since these set files are applied in real trading. This could not be a coincidence and is very likely a sign of a curve fitting via optimization. Not even talking about the fact that backtests are not reliable for scalpers like this EA.

It's easy to understand that an EA like this one cannot profitable in the long term. There is actually no edge. The scalper just tries to grab a couple of pips randomly after a breakout. But you would need much more to consistently take money from the big boys. Because at this game you cannot compete with their ultra fast HFT algorithms with your MT4 platform.

Cristobal Giron
573
2018.03.25 16:40 
 

After a personalized analysis of your ea I realize that despite the bad results of these last months your ea is excellent and that responds to a DD stage that we have to overcome, with this positive qualification I want to offer my support to Win .

CupidAlaska
481
2018.03.19 17:23 
 

Running on H1_SL10 only until we can get some stability in the market

Another excellent EA created by Wim, all the negative reviews are from people who don't know proper risk management. Simple as that.

Hamood78955
342
2018.03.14 18:09 
 

Hello ,, i've rented this EA for 2 months now . every thing is working great on back-test 99% . but when testing on demo there is ONE problem with trading hours ,it doesn't work at all if it set as true and EA will never open a single position .

i am happy to buy this EA but after fixing this problem.

to me it is very important .

for now i will give it 4 stars until the next update.

Great Work

Msoldi2
225
2018.03.13 15:13   

Hola te pedi por privado la configuracion manual y automatica y de salida un poco de soporte y nada!!!

kazol
77
2018.03.09 00:19 
 

Well, another bot working with (most time) low profit and high losses if you get a stop. In fact losing until now 25% of account (Pepperstone Razor). And stopped it. Waste of time and money to buy this EA.

yukifune
226
2018.03.01 03:20 
 

Back test was perfect

Mikedpa1
158
2018.02.15 21:50 
 

I've been running this EA for 6 weeks on a live account. i put a lot of time into back testing with tick data using variable spreads and did have 99.9% modeling quality. back test results are great.

wim was excellent with helping me set up FIFO compatibility as i am US based, and with helping me set my risk management.

this EA MUST have the proper lot size step for the size of your account, your brokers margin requirements and your risk appetite. i have lot size step of 200 for EURUSD and lot size step 130 for GBPUSD on a 5000 account. gives each pair roughly half the account to trade with. I am running on a VPS.

i am using wim's EURUSD SL50.set file and Wim's GBPUSD SL10.set file for my settings on the EA

the EA has been good with entering orders and is VERY aggressive with stop loss management which is good when the market moves very quickly in your direction. it lock profits fast.

i have however not experienced and profit in my account over the last 6 weeks. my loosing trades are outpacing my winners. hence no profit. i have 3 other EA's i'm using and they all in profit for the same time period. I understand risk settings and how to use the EA, i spent many hours learning and testing prior to setup. i don't just buy and start using any EA, that's foolish.

i really like the EA's trade philosophy but the profitability isn't there for me in my experience. I've been doing manual trades to cover the losses of this EA.

as of today i am stopping this EA to my disappointment. i do see where it has negative months but over the long term will make money when back testing. the balance drawdowns are not for me.

Vladlen Oleynikov
250
2018.02.06 06:44 
 

Тестировал около двух недель на настройках автора, и разных брореках, все в минус, в данный момент вообще не использую (((

ZHE WEI
807
2018.02.05 01:55 
 

1 week, hit 4 full sl, almost wipe all the profit last 1 month.

--update 30/1

I will keep update the star level once the result change.

--update 1/Feb

I am going to give up this product , hit sl again and wipe all the 2 month profit.

oik82
39
2018.02.01 09:48 
 

bad ea.. i have just bought it for 1 month and i have lost 50% of my equity

Samuel Cruz Perez
49
2018.01.29 05:53   

Acabo de rentar por un mes, vere que tal funciona y si llegara a ser rentable lo adquiero por completo..

Daniel Christian Anggrian
163
2018.01.05 16:41 
 

Good EA !!!

braainwash
105
2017.12.21 15:35 
 

Very good EA!

Siemen Geeraerts
344
2017.12.18 15:51 
 

This is the best EA I ever bought (and I have bought a lot of crappy EA's), it is the real thing *****!!!

Advanced Scalper is making up for all the money I spend on AE that don't work as they should.

Wim is a very professional developer and never let me down if I had a question or I needed some information. (Very fast response time!)

Thanks again Wim!

Groetjes ;-)

Ka Shing Leung
162
2017.10.27 01:08 
 

Good performance of EURUSD pair

Manabu Yanagita
1097
2017.10.25 23:21 
 

GOOOOOOOOD!!!

wroger
434
2017.09.15 22:14 
 

Hello, i start 02.08.2017 and have now 4.79% Profit, its early , but EA works fine on Admiral Markets Real Account. Time will tell.

Update 15.09 : I use EU setfiles, 48 Win Trades from 51. Great results

tomm73
276
2017.09.13 16:45 
 

Update 13.09.2017

=================

Increased from 1 to 4 Stars. Working with profit on EURUSD with bigger SL and some set-file tweaking. Backtest with 99.9% quality from 2012-2017 successful. Will forward test other settings if I have time.

Review 21.08.2017

==================

I'm sorry to say this, but this EA has a very bad performance. I use exactly the settings the author made available in comment 131 (https://www.mql5.com/en/market/product/24254#!tab=comments&page=7&comment=5614231). The result is 72.71% loss trades, on a real money account. I will stop using this EA and can not recommend it to anyone. recommend. Perhaps he was much better before, but now he loses money very quickly.

Signal Overview:

http://fs5.directupload.net/images/170821/y5oqjvqo.jpg

Graphs:

http://fs5.directupload.net/images/170821/wz8izn6p.jpg

hx279
46
2017.09.07 02:02 
 

很稳定又好用的ea!用了一个多月了很不错!适合长期挂,稳健获利~整体小亏大赚,每一筆單子都有設止損,作者的实盘信号稳定2年了(https://www.mql5.com/en/signals/210736)。

有多余的激话玛,原价出,需要的联系我Q363463012

asaens15
1326
2017.08.19 17:36 
 

Poor performer ... I put on 3 terminals with different brokers (1 using VPS) and performance since shortly after installation (Aug. 4th) has been mediocre. If no improvement in next week or 2, I'll remove to make CPUs and resources available for other more productive EAs.

Giovanni Pascoli
1452
2017.08.02 08:13 
 

Wim is very professional developer. For now the Ea is profitable on my real account. Need more time for estimate it and i will update the review. Five stars for kindness and support of the author. Thank you.

Version 1.4 - 2018.05.14
Version 1.4: fixed RiskPerTrade lotsize calculation for 2 and 4digit brokers
Version 1.3 - 2018.01.29
Version 1.3
- Added option to use High/Low exit parameters after breakeven

Version 1.2:
- Added ST1_MinDist_to_HL_percentage (for SP500 set)
Version 1.1 - 2018.01.10
- added option to set SL and TP after entry
- added option for virtual expiration on pending orders for some brokers