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EA Precision Scalper

EA Precision Scalper is a fully automated scalping EA that opens positions by signals from the built-in function for searching market entry points. The function is based on a continuous analysis of the price behavior. Each trade includes a tight stop order to minimize trading drawdowns and is managed by an advanced system of tracking market orders using a multi-step trailing stop. The dynamic profit taking algorithm is used to increase profit. The EA enables a flexible news filter, protection against spread increase, as well as the separate daily and time filters. The EA does not apply indicators, grid, martingale or arbitrage.


Main advantages

  • Works with fixed and auto lots.
  • Smart function for defining market entry points.
  • Dynamic profit taking algorithm.
  • Advanced order tracking system.
  • Built-in time and news filters.
  • Built-in protection against spread increase.
  • Works with four and five-digit quotes.
  • Each position is protected by a stop order.
  • No grid, no martingale, no arbitrage.
  • No indicators.
  • Flexible settings.


To download the news calendar and enable the news filter, go to Tools > Options > Expert Advisors, tick "Allow WebRequest for listed URL:" and enter "http://ec.forexprostools.com". Click OK.


Inputs

  • MaxSpread - maximum allowable spread in points;
  • MagicNumber - unique identifier for the robot orders;
  • AutoLot - use automated lot calculation;
  • Risk - maximum risk per trade in %. Used if AutoLot = true;
  • FixedLot - fixed lot. Used if AutoLot = false;
  • TakeProfit - minimum take profit level in points;
  • StopLoss - stop order level in points;
  • StartTrail - initial trailing stop level in points;
  • SwitchPoint - trailing stop levels switch point, points;
  • FinalTrail - final trailing stop level in points;
  • TradeDensity - order density, %;
  • HiddenSL - use a hidden stop order;
  • TradeMonday - trading filter on Monday;
  • TradeTuesday - trading filter on Tuesday;
  • TradeWednesday - trading filter on Wednesday;
  • TradeThursday - trading filter on Thursday;
  • TradeFriday - trading filter on Friday;
  • StartHour - trading start hour;
  • StartMinute - trading start minute;
  • EndHour - trading end hour;
  • EndMinute - trading end minute;
  • NewsFilter - use the news filter;
  • LowNews - track low-impact news;
  • PauseBeforeLow - pause before a low-impact news release in minutes;
  • PauseAfterLow - pause after a low-impact news release in minutes;
  • MiddleNews - track medium-impact news;
  • PauseBeforeMiddle - pause before a medium-impact news release in minutes;
  • PauseAfterMiddle - pause after a medium-impact news release in minutes;
  • HighNews - track high-impact news;
  • PauseBeforeHigh - pause before a high-impact news release in minutes;
  • PauseAfterHigh - pause after a high-impact news release in minutes;
  • NFPNews - track non farm payrolls;
  • PauseBeforeNFP - pause before NFP news release in minutes;
  • PauseAfterNFP - pause after NFP news release in minutes;
  • OnlySymbolNews - track current symbol news;
  • ServerGMT - trade server's GMT time zone;
  • ShowGUI - show the info panel;
  • TradeComment - comment for the EA orders;
  • Slippage - slippage in points.


General recommendations

  • Minimum deposit is $100.
  • Use an ECN broker with a low spread and fast order execution.
  • When using the auto lot, do not exceed your risk. Recommended Risk range is 1-3%.
  • Main symbols: EURUSD, GBPUSD and USDJPY. Timeframes: H1, H4 and higher.
  • Use VPS with fast connection for smooth work. The lower the ping to the server, the better the result.


Gerhard Füssel
390
Gerhard Füssel 2018.10.15 01:58 
 

Since 3 months this EA runs on one of my accounts without progress; with a few more improvements this EA would be a good one for a longer term. Right now 2 Stars; will keep on.

Update: running the new Version of the EA, it looks very promising now. As the Author is very serious with improving and communicating it is worth to give more Stars, even 5 Stars if it's going on like it does at the moment.

P.S. It would be nice if those people they gave their ratings would check their opinion from time to time; it would be very helpful for those people they are honestly interested in testing or buying a Robot.

Update 2: since improving the EA it's having a really good performance ( using timeframe 4h for recommended pairs )

YanSay
87
YanSay 2018.09.17 12:31 
 

Used it during August with 2% risk settings on 3 real account (use them to test EA's before using on main), results are:

Alpari (49ms ping): EURUSD -4,5%, GBPUSD -5,8%, USDJPY -2,9%

Pepperstone (121ms ping): EURUSD -8,3%, GBPUSD -3,2%, USDJPY -2,9%

IC Markets (127 ms ping): EURUSD -7,9%, GBPUSD -1,8%, USDJPY 0%

Many times on 1 account the trade was done, on the other not and vice versa. Don't have the strong recomendation of using this EA or not, but I am not using it anymore. Maybe the results are different from other users giving good rating and back testing due to the ping.

Eleni Anna Branou
7578
Eleni Anna Branou 2018.08.31 12:13 
 

Good EA if its used with low spread ECN account and fast VPS.

jazzio
42
jazzio 2018.08.15 18:26 
 

Работой эксперта доволен. Хороший инструмент для низкорискованной долгосрочной торговли.

Отдельная благодарность автору за отличную и оперативную поддержку!

ozzyno76
417
ozzyno76 2018.08.10 11:33 
 

I can not get good results I removed the expert, I hope for new updates

aeroox
69
aeroox 2018.08.02 15:01 
 

Отличный советник с хорошим потенциалом. Присутствует поддержка от автора.

Jason Walls
49
Jason Walls 2018.07.30 14:50 
 

Very good Ea. Thanks!

Gerard Meijer
53
Gerard Meijer 2018.07.28 16:48 
 

Good EA. So far I very satisfied with how it works. Great support from developer.

AlexPC77
132
AlexPC77 2018.07.24 21:19 
 

Результатом работы эксперта вполне доволен, все соответствует описанию. Встречаются убыточные и прибыльные сделки, но общий баланс положительный, брокер ecn + vps. Также радует возможность гибкой настройки и фильтрация новостей, можно один раз все настроить и не беспокоиться. Хорошая поддержка со стороны разработчика.

Nopphadol Kaewsuwan
256
Nopphadol Kaewsuwan 2018.07.24 16:16 
 

I Rent for 1 month. I use Tickmill ecn pro account+London VPS with 1.5ms But loss $300 After 2 week

If someone have profit from this EA. Pls show me. (MyfxBook real account)

aagarcia
613
aagarcia 2018.07.17 00:24 
 

Don't know how it got 5 stars. Really bad EA. Loss after loss. The backtests are bogus. I have taken this EA OFF my live account. GARBAGE EA on a live account

Drago Bonacich
53
Drago Bonacich 2018.07.13 22:38 
 

Excellent scalper with several features and automation. A++ to the author. Note that this scalper works best with a core pricing / tight spread account and a VPS. Profits galore.

Dmitry Efimov
114
Dmitry Efimov 2018.07.06 19:53 
 

Отличный эксперт, хорошо подойдет для долгосрочной торговли. Автор всегда на связи, на все вопросы ответил быстро.

Version 1.8 2018.10.11
- implemented new improved algorithm;
- loaded optimized settings.
Version 1.7 2018.08.17
EA Precision scalper 1.7:

- improved block of news filtering;
- updated Ea's settings.
Version 1.6 2018.08.14
EA Precision scalper 1.6:

- implemented the new improved algorithm to significantly raising the profit / loss trades ratio;
- implemented cyclical sending of Ea's management requests for the highest execution on the broker's side;
- added a new "DepoLoading" parameter to determine the percentage of use of the deposit;
- loaded optimized settings;
- updated Ea's panel;
- fixed bugs.