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Pro Scalping

3

Pro Scalping is a fully automated Expert Advisor. Night scalping strategy. The ATR-based, RSI, WPR indicator and an Stochastic filter are used for entries.

Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/hoangvudb/seller

General Recommendations

The minimum deposit is 100 USD,  default settings reccomend for EURUSD M15 GMT +3Please use max spread 2 if you will not have orders change it to 3.Use a broker with good execution and with a spread of 0-5 points. A very fast VPS is required, preferably with a latency of no more than 3.

Requires an ECN account with minimal spread, Broker proposal:  ( https://icmarkets.com or https://tickmill.com )

Setting :

Pair SymbolTime FrameStep Orders Stop LossUse Trading Time 
EURUSDM15 585 Modify according to your broker (21:16-23:46 GMT+3)
EURGBPM15 6.585 Modify according to your broker (21:16-23:46 GMT+3)
 ... ... ... ... ...


For traders using "Risk%" high, To limit all of risks, you should folow these advices:

+ Stop robot when you get important news

+ Withdraw interest on Friday every or Monthly or week or every day.


STRATEGY: Pro Scalping money management strategy for maximum safety and long term profitability:

1. Divide your available capital in 2 parts and invest in this robot the 1/2 of it (robot funds).

2. Keep your 1/2 back up funds in a different account.

3. Withdraw your profits every Friday afternoon or Monthly.

4. After each withdrawal divide all your available capital (back up funds + robot funds + withdrawn funds) in 2 parts and start fresh with the 1/2.

5. Repeat this process and you will be in profit.

Input parameters

  • Max Slippage: This will be your Max Slippage to open a trade.
  • Max Spread - maximum spread, at which the EA is allowed to open and close positions.
  • Step Orders - After how many pips the EA should open trade or look for signal to open.
  • Max Orders - the maximum number of open orders.
  • Lots - Initial lot size.
  • Auto Lots - enable/disable auto lot calculation.
  • Risk - amount of the deposit, on which Lot is to be used when Auto Lots is enabled.
  • Optimizer - floating level control (returned be EA in deinitialization process, recommended range: 0 - 5)
  • RSI - period, upper and lower levels of RSI.
  • STH - period, upper and lower levels of Stochastic.
  • WPR - period, upper and lower levels of WPR.
  • Take Profit (pip) - real take profit in pip.
  • Stop Loss (pip)- real stop loss.
  • Breakeven Start (pip)- after how many pips in profit the breakeven should start.
  • Breakeven LockProfit (pip) - How many pips will be the distance between SL and the opening price.
  • Trailing Stop(pip) - after how many pips in profit the trailing should start.
  • Trailing Step(pip) - How many pips will be the distance between SL and the current price.
  • StopLoss In Money($) - This number is in Currency.
  • TakeProfit In Money($) - This number is in Currency.
  • Use Trading Time - Open Trade Time Start, Open Trade Time End.
  • Magic Number - magic number for the Expert Advisor to identify its positions.
  • Order Comment: Enter Here your preferred Comment.
  • Print Log On Chart: enable/disable Log On Chart.

Useful Links & articles: 

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Filter:
Krzysztof Maciej Jench
393
Krzysztof Maciej Jench 2020.06.09 09:20 
 

EA makes money. I am too stupid to understand Le Dang's time settings +3GMT? Asked and got reply twice. Le Dang is helping each time. Currently time settings is on trial and error. I rented it for 3 months, initially installed 4 (out of 5) on VPs ping >100ms. Opened 2nd VPS (ping ~ 3ms) but cannot install across VPSs (I still have 1 installation left). Impressed with Le Dang's work I rented Big Rocket to test but since yesterday no trades. I will wait and see. Will rent or buy Pro Scalping again to install on fast VPS after current hire period expires. PS I am novice to all this but have a good mentor. Being out of work and close to retirement I see this as a chance to make a living.

Reply to review
Version 8.60 2019.04.17
Fix: StopLoss and TakeProfit hidden
Version 8.50 2019.04.14
Fix Drawdown, Add filter:
- Add RSI
- Add Williams Percent Range
- Add Stochastic