Scalper Grid

4.67

Features Summary  

  • This EA leverages strategies and algorithms of the two popular strategies, scalping and grid trading. After tuning it not only takes advantage of scalper’s high win rate, but also grid system’s high resilience in the case of an unexpected trend. 

  • Phased setup allows you to fine-tune volume, take-profit etc. strategies differently at different level of grid and equity. It also allow the EA to get out of a trending market easily by adjusting the TP target automatically.
  • When Time Filtering is activated, the EA will enter market only during the one of the multiple periods of time set up in a day. Auto time-zone detection is implemented to save you the hassle of calculating hours offset.
  • News Filtering of the EA is based on the information pulled regularly from investing.com. When scheduled news events approaches that can impact the volatility of related pairs, the EA will not enter the market.
  • Stop Loss Setting provides two ways to exit market and get away from further loss.
  • Money management enable high equity users to increase their investment. It’s dynamic so that when low equity users make money and their equity pass certain threshold the setting begins to take effect.

This EA can practically work on any  currency pairs and  time frames with proper optimization.

Sets files for various currency pairs and their reports can be downloaded at the following URL: https://www.mql5.com/en/blogs/post/726875

Current sets for the following currency pairs are available (23 pairs) (all with M5 timeframe):

AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, EURUSD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY

For the detailed parameters descriptions and in depth backtest results, please kindly download the at: https://www.mql5.com/en/blogs/post/726875

General Recommendations:

- Minimal Capital for this EA is $3000 with 1:400 leverage. To ensure safety, it's suggested to add $1000 capital per added traded pair.

- Avoid trading with pairs and sets with high correlation (>0.4), e.g., EURAUD and AUDCHF, EURAUD and AUDUSD

- An ECN broker is always recommended

- A VPS with low latency is always recommended

- Use a different magic number for a different chart if you plan to use it on multiple currency pairs

- For news filtering to work properly, in your MT4: Go to Tools > Options > Expert Advisors tab and enable "Allow WebRequest for listed URL", then add the following URL:

http://ec.forexprostools.com

Warning: This EA uses the strategy of grid trading, therefore it could involve high risk. Please do some testing with the demo version and make sure you understand how it works before you trade with this EA


Reviews 5
yuji kitamata
1450
yuji kitamata 2019.07.23 14:46 

This EA is a great performance!

Marco Solito
878624
Marco Solito 2019.06.30 09:15 

I bought this Ea, I did a lot of testing, it looks very good, I suggest you try it, very responsive and helpful author!

mhariw2608
24
mhariw2608 2019.11.07 07:26 

I think It will be much better if there is trailing stop.....

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Experts
Only 1/5 copies left at this price ---> Next price 250$ //  MT5 Version Gold King AI was created using TensorTrade, an open-source Python framework designed specifically for building, training, evaluating, and deploying robust trading algorithms using reinforcement learning. The algorithm operates during the New York trading session. After analysing the market for a couple of hours to identify areas of interest, it places pending orders that are executed when the price reaches them. This quickl
GbpUsd Robot Pro MT4
MQL TOOLS SL
5 (1)
Experts
The GBPUSD Robot Pro is an advanced automated trading system developed specifically for the unique dynamics of the   GBP/USD currency   pair. Using advanced technical analysis, the robot continuously analyzes historical and real-time market data to   identify trends,   key support and resistance levels, price momentum, volatility, and other important market conditions specific to GBP/USD. The Robot opens positions every day, from Monday to Friday, and all positions are secured with Take Profit,
Gold Storm PRO MT4
Evgeniia Terekhova
Experts
Gold Storm PRO by Berylis: an XAUUSD Expert Advisor with a fixed trading window Berylis Gold Storm PRO trades gold only. It waits for a confirmed price impulse, enters with a pending order and opens every trade with a Stop Loss and a Take Profit. No grid, no martingale, no averaging, no hedging. Platform: MetaTrader 4. A MetaTrader 5 version is also available. See it on a real account: our public Gold Storm PRO signal has been running since July 2026. How it trades Symbol: XAUUSD only, timefram
Infinity Trader EA
Lachezar Krastev
5 (18)
Experts
FOREX MEGA SALE! 50% OFF! Buy Infinity Trader EA with a huge –50% discount ! Promo Price: $267 (Regular Price: $547 — You Save $280! ) Act now before this deal ends! Infinity Trader EA Live Results:  https://www.mql5.com/en/signals/2290275 Infinity Trader EA seamlessly integrates the strengths of Chat GPT and Gemini AI, providing unparalleled market insights and in-depth fundamental analysis. It actively adapts to ever-changing market conditions, identifying statistically significant price pa
Boring Pips MT4
Thi Thu Ha Hoang
4.6 (15)
Experts
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
EA Games Changer
Tjia Elisabeth Jasmine Canadi
5 (3)
Experts
AI Games Changer – MultiPair Averaging + Hedge System (Smart Directional Extended) Version: Perfected Interactive UI - MT4 (Patched) Developer: CyberBot Project P R E P A R A T II O N Enter the Games Changer Philosophy: If trading is gambling, embrace it intelligently. By activating up to 20 pairs simultaneously, complementary price patterns create a stable balance point far superior to single-pair reliance. The core principle? More data equals higher winning probabilities.
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Cool Monkey
Sze Yu Ma
4 (1)
Experts
Cool Monkey is a fully automatic, highly customizable EA based on Volatility, MACD and RSI to select optimal entry points. It uses a specialized grid structure  to achieve a high winning rate with improved safety. All tests are performed with 99.90% tick data, with simulated spread, execution delay, commission and swap. Trading and optimization experience required if you wish to optimize it. Limited time to buy Cool Monkey for USD30 ! Recommendations: Default settings works on EURUSD M1 chart Cu
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mhariw2608
24
mhariw2608 2019.11.07 07:26 

I think It will be much better if there is trailing stop.....

alfred ziegenbein
257
alfred ziegenbein 2019.09.10 13:24 

User didn't leave any comment to the rating

yuji kitamata
1450
yuji kitamata 2019.07.23 14:46 

This EA is a great performance!

Ultimate Charm
62
Ultimate Charm 2019.07.09 08:13 

I tested a lot of pairs with Scalper Grid and the results are very promising in the backtest. I started using it on live account and so far it's been going well. Kudos to the EA Author!

Marco Solito
878624
Marco Solito 2019.06.30 09:15 

I bought this Ea, I did a lot of testing, it looks very good, I suggest you try it, very responsive and helpful author!

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