• Overview
  • Reviews (5)
  • Comments (13)
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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
1409
yuji kitamata 2019.07.23 14:46 
 

This EA is a great performance!

Marco Solito
586883
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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TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
GRain EA MT4
Roman Erokhin
4.5 (6)
Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
Dark Algo
Marco Solito
4.75 (52)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
FT Gold Robot MT4
Marzena Maria Szmit
4.4 (35)
Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with   XAUUSD pairs . With its advanced analytical capabilities,   FT Gold Robot   constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da
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Cool Monkey
Sze Yu Ma
4 (1)
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
1409
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
586883
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!

Reply to review
Version 1.4 2019.08.03
- Bug fixes on news filter
- Bug fixes on information panel
- Other performance issues and bug fixes
Version 1.3 2019.06.25
- Bug fix on "News Filtering" function
- Margin call notification will be shown in journal tab
- Other minor bug fixes
Version 1.2 2019.06.05
- Fixed "zero divide" error when backtesting
Version 1.1 2019.06.04
1 - News events will be pulled instantly when attached to a chart.

2 - Money management and Time filtering are now available for toggle to true/false.

3 - Money management is now based on "balance" instead of "equity".