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MAD Scalper Expert Advisor

MAD - Moving Average Distance

The MAD Scalper Expert Advisor uses ATR and the distance to a moving average to determine if price has the potential for reversion (mean reversion). Trades are closed when price returns to mean (moving average) + buffer. We use ATR as our MA_Buffer.

MAD includes an averaging feature. The range is determined by ATR and the RangeMultiplier. The higher the RangeMultiplier the further apart the averaging trades will be.

Works on all time frames and pairs.


Suggestions:

 It works best on the least volatile pairs (EURUSD, AUDCHF, AUDNZD, EURCHF, EURGBP, NZDCHF, NZDJPY). I prefer lower time frames with a smaller MA period (15M time frame, 50 MA). This allows the MA to catch up quicker in major trends and avoid catastrophe before MaxPairLoss kicks in. 

No EA should be left alone. Human intervention is a must. Turn this off during major news events. 


Settings:

MagicNumber: Magic Number used for orders

ATR_Multiplier: Multiplier of ATR for the calculation.
MA_Period: Moving Average Period to use (EMA).
MIN_RSI: Will not enter buy unless RSI is below the MIN_RSI
MAX_RSI: Will not enter sell unless RSI is above the MAX_RSI
UseMABuffer: Don't use MA Buffer to close trades (Buffer = ATR)

UseAveraging: Turns on the averaging feature
UseLotSizeAdd: Increment lot size option
RangeMultiplier: Used to calculate the distance between averaging trades.
MinRange: If the calculated Range is below MinRange then Range will be set to MinRange
MaxOpen: Max orders that will open.
ClosePercent: Percentage of account balance to close averaging trades in profit.

Lot_Size: Starting Lot Size
MaxPairLoss: Percentage of account balance to close all pair trades.
MaxSpread: Max Spread

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Experts
261% Gain on it's 23rd month. Bandwagon is a currency strength meter and can't be back tested.  You may check Bandwagon Live Account with 2-year performance   Bandwagon 2- year  or Bandwagon V2.  *NOTE Now at 50% Discount! Get your copy now! Expect a price increase each month *WARNING : SAY NO TO PIRACY. Be careful of users who are asking to get a copy of bandwagon EA. Bandwagon can detect piracy and if your account is detected to do such things, I can't promise that the EA will still work the
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Experts
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Gyroscope        professional forex expert   (for EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, EURJPY, NZDUSD, USDCAD, EURCHF, AUDJPY, CADJPY pairs)   alyzing the market using the Elliot Wave Index. Elliott wave theory is the interpretation of processes in financial markets through a system of visual models (waves) on price charts. The author of the theory, Ralph Elliott, identified eight variants of alternating waves (of which five are in the trend and three are against the trend). The mo
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The Pipsurfer EA is a high level trend trading grid system designed to look for higher lows in an uptrend and lower highs in a down trend. It has the capabilities to be used on multiple different forex pairs at the same time and will pick the best entries out of the trading criteria among the pairs to enter trades with.  The Pipsurfer EA Comes with many features to ensure a smooth trading experience. Prebuilt settings package for easy set up for each tier of forex pairs. Each pair falls into a d
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Lo Thi Mai Loan
5 (1)
Experts
Launch promo: SALE 50% OFF! Only 3 sales left to buy at the current price. Next price: $993 Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Live signal:  https://www.mql5.com/en/signals/2220190?source=Site+Profile+Seller Prop Signal:  https://www.mql5.com/en/signals/2223219?source=Site+Signals+Profile+From+Author MT5:  https://www.mql5.com/en/market/product/116010?source=Site+Market+Product+Page Passed Prop Challenge Trade History:  https://www.mql5.com/en/blogs/post/757
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Version 2.0 2019.01.15
Added UseMABuffer
Version 1.9 2019.01.14
Added MinRange