Market / MetaTrader 4 / Experts /

GapRevScalper

FREE

Published: 3 February 2019

Current version: 2.1

GapRevScalper

4.71

Experts
Catalin Zachiu
Version: 2.1
Updated: 17 March 2024

This is a simple but potentialy effective if used right , based on trades opened if gaps occur between candles . The input values for the gap sizes are measured in points . The last gap between two candles and also the time of the gap is displayed on the chart comment .

Not all brokers might be suitable for this trading robot . The testing and optimization are based on MQL 5 price history . It also has Smart Lot management function that increases lot size on wining trades and decreases lot size on losing trades and Magic Number to differentiate orders from other EA's .

A spread and a time filter are also put in place for filtering the midnight price gaps .

Default setting : EurUsd M15 Timeframe .

Alternative settings can be found in the "Comments" section .

more...

2268

MattyTrading 2024.01.18 08:27 #

TIENE buen potencial , estoy buscando los set ...

347

Antonius Loubser 2022.10.10 19:02 #

Still testing EA on Demo with different currencies and different settings, look like there is potential.....

278

Maksym Smyrnov 2022.08.30 11:16 #

Excellent advisor. Tested the demo on 1H, good results. Special thanks to Catalin for their responsiveness and support. I plan to take a closer look at his other products.

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The EA buys when RSI is overbought and sells when RSI is oversold with a 100 Point Profit Target and a 1000 Point Stop . If the result from the first trade is positive , the EA will open the next order in reverse , buying when the RSI is oversold and viceversa untill it gets a loss . If it gets a loss it reverses order direction again . The "HR" from the name comes from "High Risk" because if it gets, a loss it will recover it by increasing Lot size with the help of the implemented Recove

30 USD

The robot places limit and stop orders at key price levels and closes orders , or the basket of orders when the profit target is reached .If the profit target is not reached by the first opened order it makes use of the power of accumulation , it accumulates orders untill the profit target is reached . Profit Factor is calculated using lot size , for 0.01 lots the profit should be 1$ if the Profit Factor is set to 1, 10$ for 0.1 lots ,100$ for 1 lot and so on .Profit Factor and Los

49 USD

This is a four strategy in one EA , but two of them have the same closing conditions if the Profit Target or Stop Loss is not reached , Strategy 2 and 3. The first strategy places Buystop/Sellstop orders at key price levels with small stops and closes by implemented indicator,after a certain number of bars or Take Profit function.The user may choose what option for closing may preffer . Close by Macd Offset parameter closes the order by Macd only after the number of bars for the open order h

30 USD

The expert places limit orders above key price levels trying to buy lower and sell higher than the key price levels and when the total sum of buy orders , in currency or the total sum of sell orders reaches the profit factor or the maximum loss factor allowed the EA closes all opened orders. The LotMultiplier parameter multiplies lot size in acordance with floating loss and it influences also the Profit Factor parameter and Max Loss Factor parameter . If you don't want to use the "Lot Multiplie

49 USD

The expert closes all open and pending orders if a certain profit target or loss is achieved . The orders may be selected by all symbols , by magic , by symbol or by magic and symbol . The expert also has a Testing Mode only for demo testing and visualisaton which must be set to false when using live , because with Testing Mode set to true , the expert opens orders . If you don't want it to open orders , set Testing Mode to "false". The expert takes into consideration commissions and swaps too

30 USD

This expert advisor is built mainly for EUR/USD pair H1 timeframe . It is a very simple robot that sells on bull candle and buys on bear candle . If the profit is not reached after the first buy order or sell order , then the expert is preset to wait for a number of candles to form , then it starts to open orders again , cummulating the orders in order to achieve profit .Lot size is slightly increased after a certain number of orders if the profit target is not reached . Profit may be input in

49 USD

The EA places pending buystop and sellstop every day at 7 am in order to catch the possible breakout upward or downward for the day to come . If the orders aren't triggered they are deleted in the evening right before midnight . The default setting uses 1000 point stop and take profit and the EA has a martingale lot amplification factor wich can be enabled or disabled by the input parameter . Default setting : EurUsd , H1 timeframe . Use on H1 timeframe , forex major pairs : EurUsd , GbpUsd , Au

30 USD

The expert places pending orders around important trade levels and if they are activated whithin the input validity of the order they may be closed by Take Profit , Stop Loss , by implemented indicators (Williams Percent Range , Bollinger Bands , Momentum) or by the number of candles passed since the order has opened . It also has BreakEven , TrailStop and AutoLot management functions . Preferred pair : USD/JPY ; Timeframe : H1 ;

30 USD

The expert uses Linear Weighted Moving Average to place pending stop orders , in combination with Dark Cloud Cover and Piercing Line candle formations . The closing of the orders is done using the newly formed highs or lows of the price . The EA is made for long term trading and it is built specially for EUR/USD pair . Recomended TIMEFRAME H1 . Pair EUR/USD . Parameters : Lots-for fixed lot size . Manage Lot- true/false; Risk Percent - if Manage Lot is set to true ; StopLoss / Take

30 USD

This expert uses suport and resistance in combination with ATR to place pending orders at those levels . For closing it uses Doji candle pattern or the closing at the end of the day . It is mainly built for the EUR/USD pair , M 15 Timeframe . Every position has Stop Loss and Take Profit , does not use grid , martingale or other dangerous trading methods . The expert also has Trail Stop and Breakeven functions for users who want to use them . Recommended on : EUR/USD only - M 15 Timeframe .

30 USD

This expert is a combination between a grid and a scalper and it uses a grid of ten pending orders , five for long and five for short , with a 500 point spacing between them with a 100 point scalp target. It has three working modes , first , the entry by level , the expert starts operation when the price aproaches an important trade level ( a former resistance or support) , second , the entry by time , launches the expert at a specific time (input by user) and the third type is continuous operat

30 USD

This expert places pending stop orders using the Hammer and Shooting Star candle patterns at trade levels calculated using highest and lowest price from the last 40 candles combined with Bar Range . It is a long term expert and is especially made for the GPB/USD pair , M 15 timeframe . All positions have Stop Loss and Take Profit and the option to be closed at the end of the day . Lot size may be fixed or % of the account equity .The expert also has TrailStop and BreakEven functions . TakeProfi

30 USD

The expert is built using three lairs of neurons for each side , long/short and they are all conditioned by a complementary one which is used as a filter . The trading direction is reset if the first lair of neurons give an oposite signal . The expert is mainly built for the EUR\USD , GBP\USD pairs , M15 timeframe . All settings are available in the "Comments" section in Post #1. The default set has a slightly rised level of risk , for a safer setting the "Use_Rescovery " parameter may be set t

49 USD

The expert is a combination of two strategies , first one is preset to work against the direction of the price movement and the second one is working on it , based on the probability of price breakouts or swings that occure at important trade levels . The default settings are optimized for the EurUsd pair M5 Timeframe and the expert can be easily optimized using just "Open Price" mode because the opening and closing of trades take place only on new candle open (can be modified by setting "Trade

50 USD

The expert is based on two moving averages , one of them is used for opening orders and the other one is used for closing , each of them having separate settings . The "Twist" comes from the fact that for closing the orders , the classic condition is not used , if a closing signal appears , the EA has the capability to skip the first or several closing conditions and so the chances for increased profit rises . The expert also has a buit-in recovery mode with a maximum of ten steps , in which

49 USD

S Winger is an expert advisor that uses former highs and lows combined with the MACD indicator in order to place its trades . The expert waits until a certain trade level is breached , then the MACD indicator is used for confirmation of the next trade to be opened .The default set uses the account currency ( made for USD , but may work with other account currencies also , if profit and max loss parameters are ajusted ) . If profit is not achieved from first trade , the expert will open more trad

50 USD

Enter a Novel Phase of Forex Trading with the Exo Scalper Introducing the Exo Scalper, a technologically advanced forex trading solution meticulously crafted for major currency pairs. This innovative trading algorithm integrates a customizable price channel strategy with the analytical capabilities of the MACD indicator, facilitating data-driven precision in trade execution. Innovative Strategy Fusion: The Exo Scalper seamlessly combines a customizable price channel strategy with the analyt

50 USD

CandleWave : Surfing the Financial Tides Introduction Are you a trader seeking the ultimate edge? Look no further than CandleWave, your strategic co-pilot for navigating the unpredictable waters of the financial markets. This expert advisor (EA) combines the ancient wisdom of Japanese candlesticks with modern analytics, creating a powerful synergy that could redefine your trading game. Features Moving Average Mastery The simple moving average (SMA) acts as your compass, guiding you through the

49 USD

This expert places pending stop orders using the Hammer and Shooting Star candle patterns at trade levels calculated using highest and lowest price from the last 40 candles combined with Bar Range . It is a long term expert and is especially made for the GPB/USD pair , M 15 timeframe . All positions have Stop Loss and Take Profit and the option to be closed at the end of the day . Lot size may be fixed or % of the account balance . If Risk Percent parameter is left to zero , the EA will use th

30 USD

This expert uses suport and resistance in combination with ATR to place pending orders at those levels . For closing it uses Doji candle pattern or the closing at the end of the day . It is mainly built for the EUR/USD pair , M 15 Timeframe . Every position has Stop Loss and Take Profit , does not use grid , martingale or other dangerous trading methods . Test it with the Risk Percent parameter set to 4 and see what it can do. EUR/USD only - M 15 Timeframe .

30 USD

49 USD

3 standard indicators are used within this expert advisor and all their parameters are configurable and optimizable . The default settings are set for the GbpUsd pair on M15 timeframe , more settings can be found in #Post 1 in the Comments section of the product . Results are obtained using the combined power of the 3 standard indicators ( MACD , Moving Average and Stochastic ) by using diferrent decision power of the indicators and optimized values of each indicator setting . Only one order at

49 USD

Filter:

2329

agrushev777 2024.02.19 19:26 #

User didn't leave any comment to the rating

2268

MattyTrading 2024.01.18 08:27 #

TIENE buen potencial , estoy buscando los set ...

773

Mikhail Ryzhachenko 2022.11.22 03:23 #

Критерии оценки:

5*: Есть сеты + положительная история на тестах + есть публичный сигнал с историей минимум 3 месяца

4*: Есть сеты + положительная история на тестах

3*: Есть сеты, отрицательные результаты на истории

2*: Сетов нет, нужна оптимизация, есть описание советника

1*: Сетов нет, нет описания советника

Попробуем на реале...

347

Antonius Loubser 2022.10.10 19:02 #

Still testing EA on Demo with different currencies and different settings, look like there is potential.....

278

Maksym Smyrnov 2022.08.30 11:16 #

Excellent advisor. Tested the demo on 1H, good results. Special thanks to Catalin for their responsiveness and support. I plan to take a closer look at his other products.

159

Manuel Sascha Amparo Alves 2022.08.10 21:18 #

Perfect 👌 Thank you

110

rajat kumar 2021.07.03 07:45 #

very thoughtfully designed superb expert adviser good result

1144

topline8000 2021.06.22 06:25 #

not tested yet

6764

Miguel Jimenez Cordero 2021.03.21 09:54 #

Good job.

abdathar 2020.07.17 02:44 #

tried it on Demo account, in few hours it drained about $400 out of $1000 that I had in my account. try it before using it with real money

Version 2.1 2024.03.17

Modified trading logic : direction of the candles is dismissed , only gap direction is taken into account.
Modified default setting to EurUsd M15 .

Version 2.0 2022.12.12

Fixed opening orders on every candle , improved chart comment info , modified the default values for EurUsd symbol , H1 timeframe , corrected opening multiple orders , now the expert opens only one order at a time .

Version 1.9 2022.10.10

Added Trail Start , Trail Value , Trail Step parameters .

Version 1.8 2022.08.29

Added "Reverse Trades" option and "Time Filter" settings .

Version 1.7 2022.05.22

Corrected lot calculation in auto mode , added lot size display on chart comment .

Version 1.6 2021.12.27

Added spread filter .

Version 1.5 2021.11.18

Added gap distance parameter , the gap distance is measured from the last High or the last Low of the last candle .

Version 1.4 2019.05.24

Added StopLoss function , SmartLot management , removed closing by Macd , added Increase and Decrease lot size for SmartLot function .

Version 1.3 2019.02.10

Fixed maximum lot "Comment" and lowered minimum allowed account euity to start .

Version 1.2 2019.02.08

Fixed issue with Magic Number and working with other EA's .

Version 1.1 2019.02.03

Implemented a lot management system , works correctly for accounts in USD , for accounts in other currencyes try with lower setting at first for example 0.01 or 0.1 and if it doesn't open trades rise the risk percentage until it does or look in the Journal of the Terminal to see the Error Report (Lot size is too small) .

Recommended Max 1% setting .

LotManagement is set to false by default .
Risk is set to 1 by default .