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Prospector Scalper EA

The Prospector Scalper EA is a fully automated Expert Advisor that scalps during high volatility periods using a hybrid lot multiplication algorithm. The EA trades using market orders and hides its decision making from the broker. This EA will work on any pair but works best on EURUSD and USDJPY on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings.

Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex

Features

  • Fully automated
  • Drawdown risk control
  • Always a stop loss in place
  • Only one trade open at any time per pair
  • Hedge and Net account compatible
  • This system is NFA/FIFO compliant
  • No Grids
  • All you need is a VPS


Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots – Starting lot. Values from 0.01 to 0.02.
  • LotMultiplier – Last trade loss lot size multiplier. Values from 1.5 to 2.0.
  • LotMultiplierStart - Which trade in the sequence to start multiplying lots, higher values reduce chance of drawdown. Values from 0 to 100.
  • LotLimit – Maximum lot size before giving up on the trade sequence. Values from 10 to 100.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • AllowNewTrades - Turn this off to disable new trade sequences, true/false.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • StopLoss – Stop loss per trade in pips. This is only an emergency stop loss, should be set higher than TakeProfitMax. Values from 50 to 200.
  • TakeProfit – The invisible take profit increments in pips, should be small. Values from 3 to 8.
  • TakeProfitStart – The initial invisible take profit in pips, should be small. Values from 3 to 8.
  • TakeProfitMax – The maximum target profit in a sequence of trades. Values from 40 to 100.
  • StopLossMultiplier – The invisible stop loss ratio to invisible take profit. Values from 0.4 to 1.0.
  • EnterOnATR – Starts trade sequences on ATR increase, true/false.
  • ATRPeriod – The ATR period used for volatility detection. Values from 3 to 28.
  • ATRThreshold – The ATR threshold limiting when new trade sequences can start. Values from 4 to 14.
  • ReverseEntry – Starts trade sequences against the current trend, true/false.
  • LimitedTradeHours – Limit hours of trading by listing hours not to trade, separated by commas, for example: 5,8,12-15.


Optimization & Defaults

Default input values are for EURUSD M5. If optimizing, optimization of ATRPeriod, ATRThreshold, ReverseEntry, StopLossMultiplier and TakeProfit are needed to find the best results.

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Attention: this is a multicurrency EA, which trades by several pairs from one chart!  Therefore, in order to avoid duplicate trades, it is necessary to attach EA only to one chart, ---> all trading in all pairs is conducted only from one chart! Carousel_Triple_Correlation is a powerful tool that has no analogues on the market, and possibly the only automated system with an exclusive trading principle and with the capabilities that the system has. The Carousel_Triple_Correlation logic uses tripl
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Wild Side MT5
Wild Side MT5
Marat Baiburin
Live monitoring of the Wild Side  https://www.mql5.com/ru/signals/962021 Demo monitoring of the Wild Side  https://www.mql5.com/ru/signals/956622 To correctly determine the trading time, you need to specify the broker's winter GMT time. you can read how to do this in my post:  https://www.mql5.com/ru/blogs/post/743531 Wild Side  is a fully automatic expert Advisor for trading on the night Forex market.   It does not use martingale, grid, or other "toxic" methods. Each trade is accompanied by
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Checkpoint mt5
Checkpoint mt5
Vasiliy Strukov
I am glad to welcome you on the page of my product - I am its author Vasily Strukov. Midnight is the closing time of the daily candle; it is the time of equilibrium between sellers and buyers. It was at this time that the adviser opens two orders in opposite directions. It is also possible to open the user at a specified time, or trade non-stop in the "enter right now" mode. The Advisor need Hedge type account. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus
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Mr Martin MT5
Mr Martin MT5
Vasiliy Kolesov
Mr Martin MT5   EA Mr.Martin   MT5  is a fully automated Expert Advisor that is designed for quiet, investment trading over a long period of time.  The Expert Advisor uses in its strategy the principles of averaging unprofitable positions, but due to the unique input system, several filters, and the deposit protection system, expressed in the   SL_percent_balans   parameter, is completely safe for your deposit. T he default settings are optimized to work on EURUSD M1  GMT+2  and can be used i
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VR Smart Grid MT5
VR Smart Grid MT5
Vladimir Pastushak
VR Smart Grid is a multi-functional Expert Advisor for MetaTrader terminals that allows you to trade using an order grid. The Expert Advisor algorithm makes it possible to build smart grida both with the trend and against the trend. Trading with the trend is structured in such a way that each new order is opened only if the previous order has a Stop Loss in the profit zone. Trading against the trend is conducted in order to close unprofitable positions with a profit. The advisor has a large numb
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SIEA Max
SIEA Max
Daniel Stein
The keys to success in trading Forex are discipline, patience and a clear edge, as we have with our unique real trading volume analysis. That's our experience of 10 years of trading Forex, and all these key factors are summarized in the Stein I nvestments Expert Advisor (SIEA) series. SIEA MAX   provides a balanced risk-reward ratio and survives all market circumstances easily - even the most critical ones like Corona, Brexit, etc. The system's patience and discipline are rewarded with great
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Gold Dragon mt5
Gold Dragon mt5
Evgenii Aksenov
Monitoring real deals:  G old Dragon EA      Gold Dragon+ Gold EAgle Buying this Expert Advisor you get personal gift! Details in the DM Price will be kept high to lower the number of users for this system! Gold Dragon MT4  created for  Gold (XAUUSD) H1  trading. By measuring the power of the trend of Daily candles Expert Advisor trades only according to the trend You will need at least one month to objectively assess it in full. The robot may not open transactions for several days waiting fo
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MultiBolbands
MultiBolbands
Eugene Chistyukhin
This multicurrency Expert Advisor uses 28 currency pairs. The predictions are based on two indicators: Bollinger Bands and DEMA. Signal:  https://www.mql5.com/en/signals/1051386 Signal: https://www.mql5.com/ru/signals/1155800 Signal: https://www.mql5.com/en/signals/1096996 Added a new algorithm for the advisor Algorithm2, the field in the settings of the advisor UseAlgorithm. The new algorithm shows more stable profit of the advisor on the time periods on which it has not been optimized ( For
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Night Lottery EA MT4
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The Night Scalper EA Lite is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and has the option to use time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimiz
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Dollar Yen Trader EA
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Complex Chaos EA MT4
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The Currency Strength Breakout indicator monitors eight currencies across M1, M5, M15, M30 & H1 time frames all in the same window. Trade the strongest currency against the weakest with alerts for pullbacks giving you the opertunity to enter the trend. Features Easily see which currencies are currently trending and in which direction. Trade pullbacks with the highest probability of success. Colors are fully adjustable. How To Trade The higher time frame currency strengths are displayed on the
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Complex Chaos EA
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The Complex Chaos EA is an automated system that uses a pair of exponential moving averages to detect the market direction and opens trades on candle open. If the market moves against a trade it will at a set distance open another trade in the same direction to move the take profit of the group of open positions closer to the current price and make the group of trades winners overall once the price reverses. If a change in direction is detected then all trades are closed and it starts trading in
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Wave Scalper EA
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The Wave Scalper EA is fully automated scalping system that uses price action to identify good scalping trades and executes them with an invisible trailing stop loss. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management which works well on most pairs, but predominantly GBPUSD, USDCAD, EURUSD, AUDUSD & USDJPY. Forw
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Rapid Reaper EA
Rapid Reaper EA
WebTech Media Ltd
The Rapid Reaper EA is a fully automated hybrid averaging EA that trades in sequences of lot increase and multiplication on both sides of the book. The system trades using market orders with take profits set across trade groups. This EA will work on any pair but works best on GBPUSD and USDCAD on the M5 timeframe. A VPS is advisable when trading with this EA. Check the comments for back test results and optimized settings. Forward testing signals - https://www.mql5.com/en/signals/author/robots4f
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Extreme Breakout EA
Extreme Breakout EA
WebTech Media Ltd
The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. MT4 version is here: https://www.mql5.com/en/market/product/29796 Designed for the following pairs: AUDCHF, AUDJPY, CADJPY, EURAUD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY,
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RMI Scalper EA
RMI Scalper EA
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Donchian Scalper EA
Donchian Scalper EA
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The Donchian Scalper EA is a fully automated Expert Advisor that trades based on the Donchian indicator. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features Fully automated Not sensitive to spread
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Night Lottery EA
Night Lottery EA
WebTech Media Ltd
The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features Fully automated Not sensitive to spread Risk Money Managem
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Night Scalper EA MT5
Night Scalper EA MT5
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The Night Scalper EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimized settings. Forward t
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Custom EA MT5
Custom EA MT5
WebTech Media Ltd
Custom EA is a professional fully customizable automatic trading system designed to create unique trading strategies. This system has many entry, exit and filter settings to choose from. From basic RSI to advanced LSTM Neural Network. Build your own strategy or choose a preset and start trading straight away. Updates and optimizations will be made on an ongoing basis and will be available to the buyer. FEATURES Fully automated Fully customizable LSTM Neural Network with self training Multiple st
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Version 1.3 2020.05.20
Added EnterOnRSI, RSIEntryPeriod & RSIEntryThreshold options.
Version 1.2 2018.05.29
Minor bug fix