Market / MetaTrader 4 / Experts /

Robust Scalper Advance

35 USD

Demo downloaded: 526

Published: 10 January 2019

Current version: 1.70

Robust Scalper Advance

Experts
Taofeek Bello
Version: 1.70
Updated: 19 November 2022
Activations: 15

Must read:

THIS EXPERT ADVISOR ONLY OPEN TRADE WITH WELL DEFINED, TESTED AND ROBUST ALGORITHM.

From the result of 18 years backtest shown on the screenshot, make sure you calculate or check:

Total trade;
Monthly trade expected;
Consecutive gain;
Consecutive loss;
Net profit;
Monthly net profit.

While observing the performance of the EA, its update will be carried out from time to time.

Thus is a fully automated expert advisor that scalp when there is relatively large price movement in market and the price breaks out defined extreme. Bollinger Band and William Percentage Range Indicator are used as filter the trading signals. Stop loss and profit target are always set for every trade. Closing of unfavourable trades is handled by MACD indicator.

Note that, the default setting is for EURUSD pair.

Click here to download other pair set file

Recommendation

Pair - EURUSD, GBPUSD, AUDUSD, EURUSD, XAUUSD.
Timeframe - 1 hour.
$100 minimum deposit for a pair,

Also note that, it can also be optimized on any other pair using any timeframe

Features

It does not use:

Grid
Martingale
Hedging
Arbitrage

Requirement

VPS that is available 24/7
Four (4) and Five (5) digit brokers

Settings

Display_EA_Name - if set true, dashboard of the EA is displayed UseMoneyManagement - if true, the EA will calculate lot size to use in opening initial trade by using the value of MaximumRisk parameter below;
UseMoneyManagement - if true, the EA will calculate lot size to use in opening initial trade by using the value of MaximumRisk parameter below;
FixedLots - Fixed trading volume for every open positions;
CommonMagicNumber - common magic number for all the strategies;
MaximumRisk - percentage of initial deposit to be used in opening a single trade;
DecreaseFactor - value used in calculating the next trading lot if the previous trade is a loss trade. The higher the value, the lower the next trading lot;
RS_MaximumTolerantSpread - maximum value of spread for opening any trade. NOTE THAT THE EA DOES NOT AUTO DETECT IT FOR 5 DIGIT QOUTE. YOU SET YOUR MAXIMUM VALUE.
DoNotTradeOn - the EA does not trade on the day choosen
ClosePositionOnFriday - if set true all the open positions will be closed on Friday night.
TradeLong - if set true, the expert advisor open only BUY trades
TradeShort - if set true, the expert advisor open only SELL trades
Trailing Point - Value for trailing any open positions
TurboMode - if set true, the expert advisor uses additional inbult strategies to open positions. Maximum of six (6) trades can be opened. It is available only for EURUSD.
SLa_Buy - Stop loss for every buy trade. The EA auto detect the value for 5 digit quote.
TPa_Buy - Profit target for every buy trade. The EA auto detect the value for 5 digit quote.
Fliter1BuyPosition - William Percentage Range indicator period for opening of buy order
Fliter2BuyPosition - William Percentage Range indicator level for opening of buy order
Fliter3BuyPosition - Bollinger Band indicator period for opening of buy order
Fliter4BuyPosition - MACD indicator parameter for closing of buy order
Fliter5BuyPosition - MACD indicator parameter for closing of buy order
Fliter6BuyPosition - MACD indicator parameter for closing of buy order
Fliter7BuyPosition - Bollinger Band indicator deviation for opening of buy order
SLa_Sell - Stop loss for every Sell trade. The EA auto detect the value for 5 digit quote.
TPa_Sell - Profit target for every Sell trade. The EA auto detect the value for 5 digit quote.
Fliter1SellPosition - William Percentage Range indicator period for opening of sell order
Fliter2SellPosition - William Percentage Range indicator level for opening of sell order
Fliter3SellPosition - Bollinger Band indicator period for opening of sell order
Fliter4SellPosition - MACD indicator parameter for closing of sell order
Fliter5SellPosition - MACD indicator parameter for closing of sell order
Fliter6SellPosition - MACD indicator parameter for closing of sell order
Fliter7SellPosition - Bollinger Band indicator deviation for opening of sell order

Feel free to send message if you have any question

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This is an indicator that shows the value of Stochastic of different timeframe on a single chart window. It also shows the average stochastic value of all the values of Stochastic (MN1, W1, 1D, 4H, 1H, 30M, 15M and 5M) shown. It can be used to know the oversold and overbought of any instrument. who can use it? All types of traders. Be it- Scalper Swing traders News traders Long term traders Input Parameters %K period - Value of %K period of stochastic used; %D period - Value of %D period of s

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An automated, versatile trading advisor for trading any instrument or currency pair. Forward testing of the advisor is available. Click here Click here to download other advance expert advisor Advantages The expert trading algorithm has been tested for 23 years! It passed testing on EURUSD from 2001 - 2024 The advisor uses an intelligent system for closing unprofitable orders. Easy to use and the parameters for optimization are provided in the input Requirements: Trading pair: EURUSD. It can

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Version 1.70 2022.11.19

Improvement in trading style

Version 1.60 2022.07.29

Upgrade to latest MT4 build

Version 1.50 2022.07.10

Upgrade to meet new build of MT4 platform.

Version 1.20 2020.09.18

Parameter - 'DoNotTradeOn' Added!

Version 1.10 2019.03.18

More parameter added
a. TradeLong - if set true, the expert will be able to open long positions
b. TradeShort - if set true, the expert will be able to open short positions