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Scout

A synergy between multiple time proven strategies and advanced position management like nothing you've seen in retail forex before. Watch the video below and see for yourself.

No Scalping, No Grids, No martingale (anti-martingale), No averaging into positions. No tiny target profits with huge stop loss. No waking up to blown accounts or massive losses.

Everything is done correct and proper as you have come to expect from Cutting Edge Forex. 

  • Support/Resistance and Volatility are compounded into one super trading system.
  • Dynamic Initial Target Profit and Stop Loss set for each order and position individually
  • Every position is managed as it's own
  • Multiple position management functions to capture the most profit
  • Intelli-Trail Stop Loss. In house algorithm to let profits run and run
  • Advanced Position Targets exit trades at multiple profit levels
  • True set and forget
  • Always adapting to current market conditions
  • Sleep great knowing your account is safe

Download a demo now. Test on EURUSD M15 for the last 5 years. Use current spread or 10.

NOT FIFO compliant

Volatility Strategy Inputs

Strategy 1 Inputs

Enable Volatility Strategy - True to enable

Max Open Positions - Max Positions for S1

Use Money Management - True to use MM

Risk Setting - To use with MM above

Lot Size - If MM is false this will be the fixed lot size

Active Period - Period to search for activity

Reactive period - Period for delayed reaction

Divergent Factor - The difference between Active and Reactive periods

Trend Period - Period to measure trend direction

Lead period - Period for leading indicator

Follow Period - Period for following indicator

Vol Time-frame - The time-frame for target profit and stop loss calculations

Vol Per - The period for above calculations

TP Factor x - Target Profit factor of above volatility

SL Factor x - Stop Loss factor of above volatility

Min TP (Pips) - Minimum target profit allowed

Max TP (Pips) - Maximum target profit allowed

Min SL (Pips) - Minimum stop loss allowed

Max SL (Pips) - Maximum stop loss allowed

Use Intelli-Trail - True to use advanced trailing system

Min Pips To Lock - Minimum pips for Intelli-Trail first sequence

Percentage for Targets - Percentage of position to close for each level of advanced profit targeting

Min Profit Pips - Minimum Pips for all advanced targeting

Min Pips Between targets - Minimum Pips Between targeting of positions

Magic Number S1 - Magic number for all S1 trades. 


Support and Resistance Strategy Inputs

Strategy 2 Inputs

Support and Resistance Strategy - True to enable

Max Open Positions - Max Positions for S2

Use Money Management - True to use MM

Risk Setting - To use with MM above

Lot Size - For fixed lots

Search Period Resistance - period to search

Bars Before Resistance - 

Bars After Resistance - 

Protrusion Resistance (Pips) - Protrusion amount of the resistance area

Front Run (Pips) - Amount to front run orders from the resistance area

Search Period Support- period to search

Bars Before Support- 

Bars After Support- 

Protrusion Support(Pips) - Protrusion amount of the support area

Front Run (Pips) - Amount to front run orders from the support area

Vol Time-frame - The time-frame for target profit and stop loss calculations

Vol Per - The period for above calculations

TP Factor x - Target Profit factor of above volatility

SL Factor x - Stop Loss factor of above volatility

Min TP (Pips) - Minimum target profit allowed

Max TP (Pips) - Maximum target profit allowed

Min SL (Pips) - Minimum stop loss allowed

Max SL (Pips) - Maximum stop loss allowed

Use Intelli-Trail - True to use advanced trailing system

Min Pips To Lock - Minimum pips for Intelli-Trail first sequence

Percentage for Targets - Percentage of position to close for each level of advanced profit targeting

Min Profit Pips - Minimum Pips for all advanced targeting

Min Pips Between targets - Minimum Pips Between targeting of positions

Magic Number S2 - Magic number for all S2 trades. 

Max Spread Allowed - Max Spread in pips for trades

Time Choice - Broker, Local, Or GMT (recommended)

Friday Exit Hour - 17 Pending orders will be deleted at this time on Friday

Trade NFP Friday - False to skip NFP Fridays

Trade Thursday Before NFP - False to skip day before NFP

Trade Comment - Tag to be sent with trade




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Wing Yeung Kwan
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Wing Yeung Kwan 2020.05.11 14:49   

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PeterSwaby
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PeterSwaby 2020.03.18 14:03   

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scopeyeo
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scopeyeo 2020.02.18 19:13   

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Version 1.6 2020.04.22
1) Option to turn off the chart display.

2) A pop up warning if there is not enough history for dynamic TP and SL. Also a new backup min TP and SL when there are not enough bars in the chart history. This will safeguard against accidental larger TP or SL based off a smaller number of bars.

3) New external variable added for maximum Search period when Scout is placed on the chart or restarted.

4) S2 will now place max 1 trade in each direction.

5) No more stacking trades at the same price in S2
Version 1.5 2020.03.13
New break-even code added to the Advanced Position Targeting function. Also a message box warning about enough bars (history) and a safety function that will set the max SL to the min setting if there are not enough bars in the chart history.
Version 1.4 2020.03.04
Choice of Trading NFP Friday or not added to external variables.
Version 1.3 2020.02.25
1 - Error in "On chart comment" fixed.
2 - Pending orders placed/replaced on initialization-re-initialization.
3 - Higher time frame trend filter added.