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OneScalpEA

The EA is based on the breakdown of local extrema, with adaptive support of transactions.

Average position holding time is 1-5 minutes.

It is recommended to use EUR USD on the currency pair.

Recommended timeframe is H1.


  • Does not use martingale;
  • Does not use grid;
  • All trades are protected by stop loss;


Real account monitoring: https://www.mql5.com/ru/signals/author/bebikovi


Parameters

  • Magic Number - transaction ID;
  • Show Info Panel - show information panel.
  • EA Comment - comment to trades.
  • Risk - lot size based on risk per trade (if 0, then Lot = Fix Lot).
  • Fix Lot - fixed lot size.
  • Take Profit - take profit.
  • Stop Loss - stop loss.
  • Spread control ON/OFF (0 - OFF) - maximum spread control (0 - disabled).
  • Breakeven - function of transfer of the transaction to breakeven;
  • The number of points to breakeven - the number of pips required to enable this feature Breakeven;
  • Size breakeven - number of profit points (where stop loss will be set);
  • Buy Pending shift - shift to place a buy order;
  • Sell Pending shift - shift to place a sell order;

  • Winter GMT Offset - winter server time zone;
  • EA Start Hour - the hour to start work;
  • EA End Hour - end hour of work;
  • Friday End Time - time of finishing work on Friday;

  • Amount of profit (in points) for the trailing stop - the number of pips needed to start the trailing stop;
  • Trailing stop value - the size of the trailing stop;
  • Step of the trailing stop - step to move trailing stop;
  • Virtual trailing stop (I do not recommend to use) - virtual trailing stop (I do not recommend to use);

  • The news filter (enable/disable) - news filter (on/off).
  • Trade Only On News - trade only on the news (true/false);
  • Trade Only Between News - trade only between news (true/false).
  • Indent after News, minutes - offset after the news (in minutes).
  • Indent before News, minutes - offset before the news (in minutes).
  • Enable light news - enable low-impact news.
  • Enable medium news - enable medium-impact news.
  • Enable hard news - enable high-impact news.
  • Your Time Zone, GMT (for news) - server time zone (for news).
  • Currency to display the news - currency pairs to display the news (if empty, the current ones).
  • Delete all pending orders (Indent after News, minutes) - delete all orders after the news period ends.
  • In order to activate the The news filter function, enable "Allow WebRequest" and add “http://ec.forexprostools.com” to the URL list for WebRequest.


    Recommendations

    • Before using on a live account, test the EA with minimal risk;
    • Use a VPS server;
    • Low spreads + low commission + high quality execution are important when choosing a broker to trade;
    • Broker with the minimum Stop Loss level of 0 points.
Sean Moghimi
95
Sean Moghimi 2018.11.08 20:54 
 

Good EA and still testing on live, backtesting on demo account gives steady good results. Can we please get set files for more pairs?

James Jacona
103
James Jacona 2018.10.22 08:41 
 

A really reliable and profitable EA. Will typically trade a few times per week per currency pair - depending on market (breakout) conditions. Strategy makes logical sense and the EA is well developed/thought out. Numerous stress and backtests matching live performance so far. I can confirm 100% win rate over the past month on live IC Markets and Pepperstone accounts for EURUSD & GBPUSD. Historical tests show win rates should be greater than 90%. Thank you!

Eric Ruvalcaba
756
Eric Ruvalcaba 2018.09.17 15:00 
 

Great backtests with sound Ret/DD metrics, high long term stability above 90%, BT matches exactly to signal. Author is open to suggestions and bugs are corrected promptly.

On 99.9% quality backtests with floating real ECN spreads and 8 USD commissions I got around 13% ROI as average yearly compound growth for 1% of variable risk, last 8 years with 5% max DD. Keep it up!

Version 1.3 2018.10.15
- Added virtual Stop Loss/Trailing Stop function
Version 1.2 2018.10.06
Fixed working with brokers with a minimum level of Stops Level > 0
Version 1.1 2018.10.01
fixed bug related to work in MQLVPS