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Tops Scalper

The robot places BuyStop/SellStop orders at a short distance from key price levels , trying to take advantage of the triggering of stops or pending orders accumulated at those levels . It is highly recommended to use a low slippage , low spread broker , fast computer or vps and low latency trading  server for the robot to manage to work correctly .

Trades may be also managed by profit or loss in currency  canceling TakeProfit , StopLoss , TrailStop by setting them to 0 and BreakEven by setting the parameter to false , using just profit\loss in currency to manage the trades .The EA closes all open orders when profit  in currency or maximum loss in currency is reached.

A free version of the product may be found HERE . The free version is limited in lot size and magic number .

Alternative set files can be found at Post #96 in the "Comments" section .

Recommended pairs : Forex Majors .

Timeframe : H1 .

Parameters :

Lots - Lot size if lot size used is fixed and no auto lot management is used ;

Manage_Lot - true/false - if true , lot size will be automatically calculated by the EA ; if false , fixed lot size will be used;

Risk Percent - is used in the auto lot management , if set to 1 , with Manage Lot set to true , it will open 0.01 lot size for every 100$ of the account equity .

Smart Lot - true/false ; if true , the EA will decrease lot size based on the following parameters , DecreaseOnLosses and DecreaseOnWins and reset lot size after                          series of losses or wins ends .

DecreaseOnLosses - coeficient for lot size decrease in a series of losses if SmartLot is set to true,calculated as  lot/DecreaseOnLosses ;

DecreaseOnWins - coeficient for lot decrease in a win series if SmartLot is set to true , calculated as  lot-lot*wins/DecreaseOnWins;

Hard Stop - is a normal stoploss ,set in points , based on the pending order placement or on the virtual trade level , if virtual pending orders are used ; if it is set to 0 it is not used ;

Virtual Stop - closes the open order if it was triggered at worse price than initially requested , so that the loss is not larger than it should be ; it is set in points and is not used if it set to 0;

Take Profit - normal takeprofit , set in points , based on the pending order placement or on the virtual trade level  , not used if set to 0;

SellOffSet - offsets the pending orders (SellStop or BuyLimit) with the value input in points . If the input value is positive the EA will place the order above the lowest level by the number of points input by user .If the input value is negative , the EA will place the order bellow the lowest level by the number of points input by user;

BuyOffSet - offsets the pending orders (BuyStop or SellLimit) with the value input in points . If the input value is positive the EA will place the order bellow the highest level by the number of points input by user .If the input value is negative , the EA will place the order above the highest level by the number of points input by user;

TrailingStop - set in points , not used if set to 0 ;

TrailStep - the step in points the TrailStop will move ;

StartTrailAfter - starts the TrailStop only after the points in profit are achieved ;

BreakEven - true/false ; if true , BreakEvenAfterPoints will move SL to BreakEvenPoints in profit;

StochasticPeriod - stochastic is used to change or reset trade levels;

Level - the number of candles used to calculate the high and the low level;

VirtualPendingOrders - true/false ; if true , market orders are used istead of pending orders 

MaxSpreadPoints - maximum spread allowed if working with market orders , set in points;

MaxSlippagePips - Applies only for old style brokers(dealing desk) , 1pip=10points ;

ReverseStrategy - if set to true , places SellLimit instead of BuyStop and BuyLimit instead of SellStop.

UseProfitTarget - if set to true , profit and loss in account currency is used for closing orders or basket of orders . 

ProfitTarget - the profit goal in account currency that will be used .

MaximumLoss - all orders will be closed if the input loss in currency is achieved .

Working Time For Sending Orders : StartTime and EndTime .

DeletePending - true/false - if true , deletes pending orders outside the time interval established in Working Time .

Reviews 16
Dr Waleed Mahdy
2467
Dr Waleed Mahdy 2020.07.22 18:11 
 

today after about 3 weeks from demo i see there is product the best breakout EA ...... thanks my friend

novicelayman
28
novicelayman 2020.06.17 15:26 
 

在usdjpy和gbpusd表现很不错!

haya238
347
haya238 2020.06.17 01:40 
 

EA which can make the profit by break out. Many break out EA doesn't work as backtest but this EA works. Catalin sincerely replies the question and request quickly. For the EA and Developer, 5star.

Filter:
Dr Waleed Mahdy
2467
Dr Waleed Mahdy 2020.07.22 18:11 
 

today after about 3 weeks from demo i see there is product the best breakout EA ...... thanks my friend

skpulkit
46
skpulkit 2020.07.18 19:51   

I bought it two days back. Please help me out for 500 usd balace, what currency pair should i choose to run this ea,

novicelayman
28
novicelayman 2020.06.17 15:26 
 

在usdjpy和gbpusd表现很不错!

haya238
347
haya238 2020.06.17 01:40 
 

EA which can make the profit by break out. Many break out EA doesn't work as backtest but this EA works. Catalin sincerely replies the question and request quickly. For the EA and Developer, 5star.

Christian Maloa
65
Christian Maloa 2020.05.27 08:37 
 

great product! the first trade brought me directly the purchase price back. (I started with 240 dollars). Just now, in corona times, when big breakouts are happening, the EA is running very well!

(No advertising. Facts!)

vinzter
39
vinzter 2020.05.22 10:14 
 

User didn't leave any comment to the rating

abelscott30
29
abelscott30 2020.04.23 13:57 
 

En primer lugar felicitar a Catalin por este gran EA que ha creado , os aseguro que despues de probar bastantes EA este es uno de los que mas me ha gustado despues de hacer varios Backtest en diferentes temporalidades y cambiando los parametros de configuracion del EA hasta conseguir buena curva de resultado. En H4 en el par GBP/USD , Si alguien quiere saber que configuraion utlizo , que me pregunte respondere agradecidamente.

PeterSwaby
1499
PeterSwaby 2020.03.04 15:59 
 

I have just done a ten year back test on EURUSD using Tick Suite and this ea and the results are very good. Anyone who would like a copy of the back test and the set file used to create it please pm me and I will be happy to send them to you. I don't know Catalin but I am sure he is a good person.

samabuhamam abuhaam
235
samabuhamam abuhaam 2019.12.18 22:40   

i Rent this EA last 5 days i loss all my money in my real account i dont recommend for any body . i have screen shoot from my account i can show for any body he want . for those who give Good advice i am sure they cant show any real that they win . i think they are friends just the give complementary review for him

i am really sorry but this true !!!!!!!

Rosalie
30
Rosalie 2019.10.30 14:57   

User didn't leave any comment to the rating

MMOmaster35
271
MMOmaster35 2019.10.09 22:09   

User didn't leave any comment to the rating

Giordan Costa
695
Giordan Costa 2019.10.03 21:42   

User didn't leave any comment to the rating

enzo pellitteri
638
enzo pellitteri 2019.09.30 18:17   

User didn't leave any comment to the rating

alexsxs72
474
alexsxs72 2019.09.10 13:52   

User didn't leave any comment to the rating

Viktor Koroveshi
414
Viktor Koroveshi 2019.08.27 13:30   

User didn't leave any comment to the rating

Alexandr Naumov
204
Alexandr Naumov 2019.08.15 12:59   

User didn't leave any comment to the rating

Version 3.4 2020.07.23
Added posibility to use accumulation of orders at the same level (present only in version 2.7 ).
Version 3.3 2020.07.22
Corrected Pause Pending Orders not working properly with Reverse Strategy se to true on SellLimit orders , corrected Resuming From Pause function , in previous version the spread check was made per bar , current version , the spread check is made on tick .Added aditional checks for trailstop and breakeven functions in order to avoid possible errors .
Version 3.2 2020.06.22
Fixed comment section on chart , Server and date apearing and dissapearing .
Version 3.1 2020.06.16
Modified the "Delete Pending Orders Outside Time Interval" into "Pause Pending Orders" , which can be applied at midnight or only on weekend , for avoiding price gaps and larger spreads .
Working time settings become Optimizable .
Improved information displayed on chart .
Version 3.0 2020.05.26
Fixed BreakEven function .
Version 2.9 2020.05.11
Fixed possible error regarding TrailStop function .
Version 2.8 2020.05.01
Corrected max long and max short function , not working properly with pending orders ,corrected trailstop-trailstep function .
Version 2.7 2020.03.12
Added new parameters , maximum orders allowed to be opened , long or short . Added new feature , compliance with FIFO rules for US brokers .
Version 2.6 2020.03.04
Corrected Trailstop and Breakeven functions not working for short positions if HardStop is set to zero .
Version 2.5 2020.02.17
Added posibility to cancell TP , SL , Virtual Stop by setting them to 0 .
Version 2.4 2020.02.17
Modified internal condition for placing virtual trade levels (create virtual trade level only if a trade is not active) .
Version 2.3 2020.02.16
Corrected virtual trade levels not resetting , if orders are not present because of high spread.
Version 2.2 2020.02.16
Added new parameters : Stochastic period , Virtual pending orders (true/false) , Max Spread Allowed (for market orders) , Max Slippage Allowed (applies only for dealing desk brokers) .
Version 2.1 2020.02.14
Added new parameter : "Custom Comment"" .
Version 2.0 2020.01.01
Optimized code for faster processing , added new parameter "Delete_Pending" outside the time interval .
Version 1.9 2019.11.28
Added new parameter : "Trail_Step".
Version 1.8 2019.09.15
Added working time for sending and deleting orders .
Version 1.7 2019.09.09
Added new parameter , Start Trail After .
Version 1.6 2019.09.02
Corrected placing pending orders at the same levels and not changing pending orders if the trading level has changed .
Corrected profit target function to calculate the entire profit .
Version 1.5 2019.08.23
Fixed order comments.
Version 1.4 2019.08.22
Added new parameters : Positive and negative profit target .
Version 1.3 2019.08.21
Removed the print from the log for using lower than minimum or higher than maximum lot size.
Version 1.2 2019.08.20
Added new parameter to allow for strategy reversal .
Version 1.1 2019.08.19
Modified code to delete pending orders only if the level is different .