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AlgoScalpPro

3.67

The MT5 version of the expert Advisor is here - https://www.mql5.com/en/market/product/58842

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

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

  • Recommended pair EURUSD.
  • Timeframe H1.

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.

Reviews 6
Mark Taylor
1499
Mark Taylor 2020.12.04 14:55 
 

Ivan always willing to help out, quick to respond.

Anton Kochyn
358
Anton Kochyn 2019.08.18 22:58 
 

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

Dmitry Voyko
489
Dmitry Voyko 2019.07.17 22:39 
 

Ну что же, будем с интересом следить!

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Filter:
Mark Taylor
1499
Mark Taylor 2020.12.04 14:55 
 

Ivan always willing to help out, quick to respond.

Anton Kochyn
358
Anton Kochyn 2019.08.18 22:58 
 

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

Todd Williams
1383
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
8980
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
489
Dmitry Voyko 2019.07.17 22:39 
 

Ну что же, будем с интересом следить!

florian1996
96
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
8980
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.
716
Ck. 2019.06.15 06:57 
 

Just purchased, Looks promising.

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

Reply to review
Version 2.5 2023.02.03
an additional filter for Auto Min Profit (trailing stop) has been added, in the future it still needs upgrade (can be disabled in the settings).
Version 2.1 2022.09.29
Added additional input parameters
- Distance calculation by Ask_Bid / by High_Low - calculation of the distance to the settlement level by prices (Ask_Bid / by High_Low)
- Split to "X" orders - split the order into several smaller orders (I do not recommend set more than 4)
Version 2.0 2022.05.24
Added additional filters to support transactions.
Changed the default input parameters.
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)