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EA Black Scorpion MT5

1

The EA uses the strategy based on breakout.

Breakout trading is one of the most popular and most frequently used strategies among Forex traders. This strategy has been developed a long ago and has been repeatedly tested on history data, showing superior results.

The EA uses 3 types of trend breakouts, (support and resistance breakout, downtrend breakout, uptrend breakout).

The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade.

It uses an adaptive trailing stop algorithm.

The EA uses a system of closing positions during slippages.

It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing.

The EA contains the algorithm of statistics collection with output on the information panel.

МetaТrader 4 version: https://www.mql5.com/en/market/product/15313

pair/timeframe: EURUSD M30, EURUSD H1, USDJPY M30, USDJPY H1, GBPUSD M30, GBPUSD H1.

Recommended pair/timeframe: EURUSD H1, USDJPY H1 or EURUSD M30, USDJPY M30

Attention! This EA is only for "hedging" accounts.

Requirements and Recommendations
    1. Before using on a live account, test the EA with minimal risk.
    2. Low spreads + low commission + high quality execution are important when choosing a broker to trade.
    3. Use VPS server with minimal network latency to the broker's server;
    4. Maximum Spread — from 0 - 20 points ( 0.0 to 2.0 pips).
    5. Maximum Stop Level — from 0 - 5 points ( 0.0 to 0.5 pips).
    6. Maximum freeze level — 0 points ( 0.0 pips).
    7. Leverage of 1: 100 or more is recommended.
    8. if you use several advisors on the same account, make sure that all the advisors have different Magic numbers.
    Parameters

    Information panel:

    • Show_Info_Panel — Information panel. (at the value false - Speeds up the testing in the strategy tester).

    Magic:

    • Magic  trades identifier.

    Comment:

    • Order_Comment— Comments to the order.

    Slippage:

    • Slippage — Allowed slippage before an order triggers.
    Spread settings:
    • Max_Spread — Maximum Spread allowed before pending order is triggered.
    Type of trade:
    • Order_Type — trading direction.

    Fixed Lot:

    • Fixed_Lot — Fixed lot ( if "Use_Risk_MM" = false ).

    Risk Money Management:

    • Use_Risk_MM — At the value 'true' the lot size increases as the account balance grows.( Risk Management ).
    • Percentage_Risk — Increase the lot size based on balance.( Risk Management % ).

    Take Profit:

    • Take_Profit — Take profit level in points.

    Stop loss:

    • Stop_Loss — Stop loss in points.
    Settings of moving Stop Loss to breakeven.
    • Use_Break_Even — If this is true Stoploss price will be moved to breakeven when price is above target points.
    • Breakeven_Target_PipsInp — When price is above this value breakeven will be triggered.
    • Breakeven_Jump_PipsInp — Stoploss will be moved using this value to breakeven.

    Trailing Stop settings.

    • Use_Trailing — If this is true, profit will be protected with trailing stop.
    • Trailing_Stop — Trailing points, when the position is in profit.
    • Trailing_Step — Trailing step, when the position is in profit.

    Adaptive trailing:

    • Adaptive_Trailing_to_slippages — Adaptive trailing stop.
    • Change_correction_coefficient — Trailing sensitivity coefficient.
    • Adaptive_by_Time — Algorithm of adaptive trailing by time.
    • Time_Scale  Time interval for price analysis.

    Trading by time within the day:

    • Use time — If true trading will be performed by time.
    • Time_Setting — Server time or computer time.
    • GMT_mode = GMT offset of the broker server time; ( 0 - not used ).
    • Every_Day_Start — Operation start time (hh:mm).
    • Every_Day_End — Operation end time (hh:mm).

    Operation end time on Friday:

    • Use time — If true trading will be performed by time.
    • Time_Setting — Server time or computer time.
    • GMT_mode = GMT offset of the broker server time; ( 0 - not used ).
    • Disable_in_Friday — Operation end time on Friday (hh:mm).


    Our group in mql5: 016a118dc374d801


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    Filter:
    Petr Krylov
    370
    Petr Krylov 2019.05.22 15:17 
     

    Добрый день.

    Какая то глючная версия.

    При дефаулт настройках выставляет несколько сотен! отложенных ордеров в течении минуты. Потом они срабатывают. Даже если каждый сносит по 10 пипс стопа вместе получается слив процентов на 20% депо. Полный бред, но клянусь это так. Никогда такого не видел.

    Вроде раньше порога была адекватная. Но тогда её брал на МТ4.

    В таком виде запускать смысла нет. Правда если сработает в плюс, можно за день миллионером стать.

    Ruslan Pishun
    37268
    Reply from developer Ruslan Pishun 2021.05.21 10:01
    Здравствуйте,
    В обновлении исправлена ошибка с установкой ордеров.
    Reply to review
    Version 10.84 2022.04.25
    Fixed the Risk MM function.
    Version 10.83 2020.05.08
    Fixed minor bugs.
    Version 10.82 2019.08.20
    Fixed information about slippage.