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OlesyaPro scalper

The OlesyaPro scalper Expert Advisor looks for strong price movements and trend reversals. The system is based on volatility breakouts.

Stop loss and take profit levels are set for each order, trades are additionally managed by trailing stop. If there is a strong movement on the market, the EA opens a deal and moves stop loss to better positions as soon as possible.

The EA works best on the following pairs: EURUSD, GBPUSD.

Timeframe for trading — M1.

All optimizations are based on the leverage of 1:500 and the fact that a true ECN broker offers competitive spreads and minimal slippage. If you want to trade with a higher leverage, it is recommended to reduce the value of (RiskPercent).


Advantages

  • virtual profit fixing algorithm;
  • money management system;
  • no martingale, no grid, no arbitrage;


Spreads

Spreads are a fundamental factor in increasing the profitability of trading. It is recommended to choose an ECN broker with average spreads below the specified values between 07:00 and 23:00 (GMT, Greenwich Mean Time):


Requirements

  1. Leverage: 1:500.
  2. ECN account with fast execution.
  3. VPS hosting is recommended.
  4. Timeframe: M1;
  5. Spread no more than 10 points (the less, the better).


Input parameters

  • TradeManager - trade manager;
  • TradeComment - order comment;
  • Magic Number - magic number;
  • Slippage - maximum allowed slippage;
  • MaxSpread - maximum allowed spread;
  • FixedLot - fixed trading lot size;
  • RiskPercent - risk per trade (in percent);
  • MaxDrawdown - the maximum drawdown (in points);
  • StartHour - trading start hour;
  • EndHour - trading end hour;
  • GMTOffset - time zone (GMT);
  • TradeDelta - trade delta (in points);
  • Trailing - trailing stop distance (in points);
  • StartTrailing - trailing stop start (in points);
  • StopLoss - stop loss (number of points);
  • TakeProfit - take profit (number of points);
  • VirtualStops - virtual stop loss (in points).

The minimum recommended balance for the EA, with the recommended pairs and timeframe, is $1000.

Kubilay Ornek
158
Kubilay Ornek 2018.06.19 17:11 
 

it is constantly losing

rhapsody1
924
rhapsody1 2018.06.14 11:21 
 

Poor experience in live and demo over a day..the author does not respond and deviates from the very pointed question of managing of opened positions by the EA which is resulting in losses, a single star to begin with as a warning to prospective customers. will make it to a full five stars if the bugs are fixed and opened positions are managed the way they shud be for profitable trading experience.

14th June 2018 Purported to be multi currency advisor has now changed into one currency one mt4 account advisor according to the author's update today...awful!!

Yingnan Li
235
Yingnan Li 2018.06.14 04:28 
 

terrible

Thamer Alenezi
219
Thamer Alenezi 2018.06.04 12:27 
 

same result in live trading … perfect ,smart ,and no loss at all … many thanks Sir

Version 6.1 - 2018.07.06
Added Lot Multiplier