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Asian Scalper

4.2

-40% SPECIAL DISCOUNT! Promo price $77 / regular price $129

Signal Account of Asian Scalper: https://www.mql5.com/en/signals/730705

Asian Scalper is an automated Forex robot. It is an advanced Asian session scalper which supports 9 currency pairs. The robot is equipped with Money Management, Take Profit, Stop Loss, Broker Protections, Slippage Protection, Max Spread Protection, Loss Recovery System and so on.

Supported pairs: GBPUSD, GBPCHF, GBPCAD, EURGBP, EURCAD, EURCHF, USDJPY, USDCHF, USDCAD.

Time Frame: M15

The main idea behind the robot is to trade during the Asian session. The robot carefully watches the price of the currency pairs and the volatility of the market. It can trade only during some specific time range which is different for each supported pair. This information is visible in the information box of the robot. The robot uses some standard indicators and make some complex mathematical calculations to determine whether to trade or to close current opened trades.


To learn more about Asian Scalper please click this link - you will be redirected to the blog!


Settings

Main Settings

  • Allow_BUY - Set TRUE to allow BUY trades
  • Allow_SELL - Set TRUE to allow SELL trades
  • Stop_Loss - Stop Loss value in standard pips
  • Take_Profit - Take Profit value in standard pips
  • Slippage - Max allowed slippage in standard pips
  • Max_Spread - Max allowed spread in standard pips
  • Hidden_Mode - When its value is TRUE the robot will hide Stop Loss and Take Profit from the broker
  • Magic_Number - A unique integer number which will be assigned to all open trades from the robot
  • Robot_Comment - A text which will be added as a comment to all open trades

MM Settings

  • Risk - Value in percents. When its value is greater than 0 (zero), the robot calculates the lots size automatically based on Risk value and free margin
  • Lots - Fixed Lots size. If you want to trade with fixed lots, you have to set Risk=0 and set a proper value to Lots parameter according to your account free margin
  • Loss_Recovery - Loss recovery system. When enabled the robot checks whether there are any previous losses. If there are, it starts to increase the lots size of next trades with small amounts. This way it compensates the previous losses. When the previous losses are compensated, the robot continues trading with normal risk. For correct recovery, the MM must be enabled: Risk > 0
  • Max_Recovery_Risk - The maximum risk in percents which will be used by the robot during recovery process

GMT Offset Settings

  • GMT_Offset - GMT offset of your broker. Always set the winter GMT offset of your broker
  • DST - Set TRUE if the broker shifts the GMT offset with +1 in Summer. Set FALSE if broker use same GMT offset whole year

Trading Strategy Settings

  • Trading_Hours - The hours when the robot will trade if there are good conditions
  • Channel_Period - The period parameter of the main indicators
  • Exit_Distance - Breakthrough distance in pips that triggers closing of a trade
  • Entry_Break - Breakthrough distance in pips that triggers opening of a trade
  • Min_Volatility - Min market volatility needed for trading
  • Exit_Profit_Pips - A min profit (loss for a negative value) on which a trade will be closed from the main exit logic of the robot
  • Reverse_Profit - A min profit on which a trade will be closed, if a market reverse is detected
  • Exit_Minutes - When this amount of minutes is exceeded, a trade will be closed if the current profit is greater or equal to the Time_Profit_Pips parameter
  • Time_Profit_Pips - A profit in pips (loss for a negative value), on which a trade will be closed. Second condition is that the trade existence time must exceed the Exit_Minutes parameter value

Friday Settings

  • Friday_Last_Trade_Hour - the robot will trade until the end of this hour
  • Friday_Close_Trades - true: enable closing of trades on Friday, false: disable closing
  • Friday_Close_Hour - the hour when to close the trades
  • Friday_Close_Minutes - the minutes when the robot to close the trades
  • ..........

    You may check my other products in my profile.



    Reviews 6
    luigimacr
    174
    luigimacr 2020.10.02 19:14 
     

    very good EA, so far only profits

    Pakorn Thienthong
    809
    Pakorn Thienthong 2019.10.02 02:24 
     

    Good Work!!!

    Andreas Peters
    345
    Andreas Peters 2018.08.28 20:38 
     

    very good scalper!

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    Filter:
    luigimacr
    174
    luigimacr 2020.10.02 19:14 
     

    very good EA, so far only profits

    Pakorn Thienthong
    809
    Pakorn Thienthong 2019.10.02 02:24 
     

    Good Work!!!

    Johan Monge
    724
    Johan Monge 2018.12.04 05:12 
     

    User didn't leave any comment to the rating

    Andreas Peters
    345
    Andreas Peters 2018.08.28 20:38 
     

    very good scalper!

    James Edward
    171
    James Edward 2018.05.03 09:32 
     

    User didn't leave any comment to the rating

    imWald
    509
    imWald 2018.03.22 08:40 
     

    the EA runs for 3 weeks in my ECN live account, lost money...

    Reply to review
    Version 1.8 2020.06.01
    Fixed small bug related to Add_Trades_Lots_Multiplier parameter.
    Version 1.7 2019.05.13
    In the new version 1.7 of Asian Scalper i have added the following new features and systems:

    1. Close only on profit: Amazing option which will let you configure Asian Scalper to close the trades only on profit or when the price reaches the SL level.
    2. Monday start hour: New parameter which let you set Asian Scalper to avoid Monday gaps. You can set different star hour for trading on Monday.
    3. Additional trades system: This is a new system which let you compensate every losing trade with additional trades and to close them on profit. When activated this system makes Asian Scalper grid system.
    4. Notification system: I have added two type of notifications: Email and Mobile Push notifications.
    Version 1.6 2019.04.30
    An option to limit the order type is added to the new version 1.6. Two new parameters:

    - Allow_BUY
    - Allow_SELL

    Now you can configure Asian Scalper to open only BUY trades or only SELL trades or both.
    Version 1.5 2019.01.23
    Modification in risk/lots calculation system of Asian Scalper. Support for accounts with base currencies GBP, EUR and JPY is added.
    Version 1.4 2019.01.07
    By request of many users i have added settings for Friday. Here is what you can set additionally in the new version 1.4 of Asian Scalper:

    - You can set last trading hour on Friday. The robot will stop trading after this hour.
    - You can enable closing of trades on Friday evening at specific hour and minutes. This is a very good option if you don't want to leave open trades during weekend.
    Version 1.3 2018.10.04
    A small bug related to the GMT settings is fixed in the new version 1.3.
    Version 1.1 2018.04.17
    A new parameter called DST (abbreviated from Daylight Saving Time) is added in the robot settings. The new parameter will let configuring the GMT offset of the brokers more precisely. If the broker changes its GMT offset at the end of March with +1 and with -1 at the end of October then DST must be set TRUE. If the broker has one same GMT offset during whole year then the DST must be set FALSE. This is a very important parameter! Please set it correctly.