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AlgoScalpPro

3.4

The MT4 version of the expert Advisor is here - https://www.mql5.com/en/market/product/58842

Advanced scalper expert Advisor with loss recovery system. The EA has been tested from 2010 to the present day in various market conditions/periods (testing at an earlier period does not make sense, because spreads were very large and the market was very volatile). Using professional software, with simulation of real spreads (extensions), market delays (simulation of real execution of transactions/stops) and real slippage (based on delays, pending orders 100-150ms market orders 200-300ms). The results are close to real deals.

Always use stop loss
Martingale/ grid / hedging is not used, etc. (the recovery function uses lot increase 1 time)
Complies with FIFO rules
    To test, you need a history of 1000 bars

    Recommended pair EURUSD. Timeframe H1.

    Monitoring of real trading Advisor - https://www.mql5.com/en/signals/author/bebikovi

    Recommendations for risk (maximum) (recovery mode):

    • 1:500  -  Risk = 25;
    • 1:200  -  Risk = 10;
    • 1:100  -  Risk = 5;
    • 1:50   -  Risk = 2.5;
    • 1:30   -  Risk = 1.5;

    Attention! If you use Recovery mode, the EA uses a file named "Name of the file recovery" to write data for this function and if you run the EA again (i.e. as the first start) or change the account, you need to change this name , if something is unclear write to me in PM.

    Recommended - ECN/STP Broker with minimum stop Loss level 0-1 pips/spread 0-5 pips (5 digits) /VPS server.

    Parameters:

    • Name of the file recovery – название для файла хранения данных для функции восстановления (изменить имя при
    • Magic Number - transaction ID;
    • Show Info Panel - show information panel.
    • EA Comment - comment to trades.
    • Lot calculation mode (Auto/Fix) – lot calculation mode (Autolot/Fixed Lot);
    • Risk - lot size based on maximum risk per trade;
    • Fix Lot - fixed lot size;
    • Take Profit - take-profit;
    • Stop Loss - stop-loss;
    • Spread control ON/OFF (current)  – control of the current maximum spread;
    • Spread control ON/OFF (average)  – control of average maximum spread;
    • Adaptation SL in case of slippage - adaptation of the Stop Loss during slipping (set the proper SL, if it was slippage when opening a trade);
    • Close trade if the slippage > "Maximum Slippage" - forced closing of a trade when a pending order is slipped by more than the value specified in the Maximum Slippage parameter;
    • Maximum Slippage - the maximum slippage for activation of forced close;
    • Breakeven - function of transfer of the transaction to breakeven (on/off);
    • The number of points to breakeven - the number of profit points required to activate the Breakeven function;
    • Size breakeven - number of profit points (where stop loss will be set);
    • Buy Pending shift - shift to place a buy order;
    • Sell Pending shift - shift to place a sell order;
    • Winter GMT Offset - server winter time zone;
    • EA Start Hour - the hour to start work;
    • EA End Hour - end hour of work;
    • Friday End Time - time of finishing work on Friday;
    • Amount of profit (in points) for the trailing stop - number of points required to start a trailing stop;
    • Trailing stop value - the size of the trailing stop;
    • Step of the trailing stop - the step of the trailing stop;
    • Pending order placement interval (Recommend – Current) - pending order placement interval (recommended – Current);
    • Allow buy orders - allow buy orders;
    • Allow sell orders - allow sell orders;
    • Broker Commission amount - The size of the brokerage Commission (per lot);
    • Broker quotes shift (true / false) – Use quote shift (if the Bid price is different from the price on the chart);
    • Broker quotes shift (auto calculation) – Automatically calculate shift;
    • Broker quotes shift (enter a value) – The shift value;
    • Number of attempts to break the level – the number of attempts breakdown;
    • Adaptation support in slippage – adaptation support in slippage;
    • Recovery mode – drawdown recovery function (on/off);
    • Multiple start recovery (trailing/breakeven) – coefficient for trailing/no loss for recovery function;
    • Multiple lot for recovery mode – lot calculation factor for recovery function;
    • Loss point for activate Recovery - the size of the loss in points to activate Recovery mode;
    • Start balance point - the starting points for calculations;


    Reviews 6
    Mark Taylor
    1274
    Mark Taylor 2020.12.04 14:55 
     

    Ivan always willing to help out, quick to respond.

    Anton Kochyn
    372
    Anton Kochyn 2019.08.18 22:58 
     

    Работоспособность советника подтверждена реальным счетом, что подтверждает его рентабельность. Позже напишу о результатах.

    Ck.
    376
    Ck. 2019.06.15 06:57 
     

    Just purchased, Looks promising.

    I'll update later after a few weeks forward testing.

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    Filter:
    Mark Taylor
    1274
    Mark Taylor 2020.12.04 14:55 
     

    Ivan always willing to help out, quick to respond.

    Anton Kochyn
    372
    Anton Kochyn 2019.08.18 22:58 
     

    Работоспособность советника подтверждена реальным счетом, что подтверждает его рентабельность. Позже напишу о результатах.

    Todd Williams
    1100
    Todd Williams 2019.07.18 22:00 
     

    Rented for 1 month and saw a loss of 23% on a $200 live account. Backtests were amazing, but trades on my end did not match the live trades on the signal account. Won't rent again.

    Ivan Bebikov
    8256
    Reply from developer Ivan Bebikov 2020.12.05 04:49
    Hi, at first you need control your Risk, if use high risk it can be large drawdown. As you can see after that period EA recover loss and get good profit at standart risk.
    Dmitry Voyko
    579
    Dmitry Voyko 2019.07.17 22:39 
     

    User didn't leave any comment to the rating

    florian1996
    106
    florian1996 2019.07.04 16:26 
     

    All backtests from 2010 on show high promises. Lets see on the real trading account. Hopefully it works. I will write an update after some months.

    Update:

    Really high losses had blown the account!!

    Ivan Bebikov
    8256
    Reply from developer Ivan Bebikov 2020.12.05 04:48
    Hi, at first you need control your Risk, if use high risk it can be large drawdown. As you can see after that period EA recover loss and get good profit at standart risk.
    Ck.
    376
    Ck. 2019.06.15 06:57 
     

    Just purchased, Looks promising.

    I'll update later after a few weeks forward testing.

    Reply to review
    Version 1.5 2021.04.02
    - Fix bugs
    Version 1.4 2019.08.20
    - made improvements in the code (fixed calculations of slippage)
    Version 1.3 2019.08.12
    - minor improvements in the EA code
    Version 1.2 2019.07.27
    Added input parameter
    - Friday Start Time
    Version 1.1 2019.07.25
    Added information about the current spread conditions and the number of bars. (update is not necessary, only informational)