STRI scalping

Eagle scalping STRI is a fully automated Expert Advisor based on Stochastic and RSI and supporting 4 and 5-digit quotes.

This EA provides the best results in an uptrend or a downtrend market.

3 Recommendations
             EA Settings: Use default settings or the set file provided.
             Symbol: EURUSD
             Time Frame: M5
             Brokers: ECN brokers, low spread/commission, 1:200-500+ leverage
             No Minimum Deposit required: Risk ratio is compute based on trading account balance-equity

It is recommended to do your backtest with MT4 data and your Broker and adjust the parameters accordingly.

3.1 Input parameters

The are 9 main parameters. It is recommended use the provided setting file. However, you can change any parameter as needed.  The EA is using Stochastic and RSI setting with break even and trailing stop. Trades limit on buy or sell to follow the market higher time trend.

 
G4=*** Trading Parameters ***

AllowTrade= True or False          Allow EA to trade
AllowMultiple= True or False       Allow multiple trades. If Enable the MaxBuyTrade and MaxSellTrade are not used
 
TradeOnSTO= True or False        Trade on Stochastic
BuyOnSTO= True or False            Buy trades allowed
SellOnSTO= True or False            Sell trades allowed
TakeProfit=20
StopLoss=30
MaxBuyTrade=4                           Max Buy open trades at once
MaxSellTrade=4                           Max Sell open trades at once
TotalBuyTrade=5                         Total Buy Trade (limiting trades per day or testing)
TotalSellTrade=5                          Total Sell Trade (limiting trades per day or testing)
TotalTradeLimit=0                       Total trades limit (limiting….)
MagicNumber=56732                    Magic no
 

G5=*** Money Management Options ***

Default Lots=1  Static lot size. If set to static, consider the lot sizes 1=100K, 0,1=10K, 0,01 = 1K. Need to disable the ‘UseMoneyManagment’ by set it to 0 (zero)

UseMoneyManagement=True or False               Automatic Money Management based on the RiskPercent and the account free margin.

RiskPercent=3  Risk percentage (RP) of the account free margin. Risk 2-7% on account free margin. Notice how many trades allowed for overall Risk percentage.

Slippage=3         The “slippage” parameter is how many points you’ll allow the trade to slip and still complete the order. 

G3=*** Time Frame ****

TimeFrame=0                0 is current Chart , 1=M1,5=M15..

G6=*** Break Even Options ***

UseBreakEven=True or False    Breakeven allow protection of initial risk amount to the entry price.
BreakEven=3     Sample of BE at 3 pips from the entry price. Adjust based on trade management (conservative 1X Risk Amount, Moderate 0,75X Risk Amount or Aggressive 0,5X Risk Amount)

G7=*** Trailing Stop Options ***

UseTrailingStop=True or False       Usage of Trailing Stop – to follow the price movement and look more profit.
TrailAllPositions=True or False      Trail all positions (buy/sell)
TrailingProfit=True or False           Use the TrailingStop when in profit.
TrailingStop=5                               Set the Trailing Stop 4 pips away from the current price.
TrailingStep=1                               Set the Trailing Step 1 pip at the time following the current price.
 

G8=*** Alerts ***

ShowAlert= True of False               Set Alert to be display on Screen
ShowDebug= True of False             Set Debug to be display on Screen

G9=*** RSI Parameters ***

RSI_Period=7                                Periods
RSI_Mode=3                                  Mode 0=close 1=open 2=high 3=low 4=median (H+L)/2
RSI_OBL=80                                  Overbought level
RSI_OSL=20                                  Oversold level
RSI_MBL=45                                  Medium level to Buy
RSI_MSL=55                                  Medium level to Sell

G10=*** Stochastic Parameters ***

ST_KPeriod=14                         K Period
ST_DPeriod=3                           D period of days of K
ST_OBL=80                               Overbougth level
ST_OSL=20                               Oversold level
ST_MBL=50                               Medium level to Buy
ST_MSL=50                               Medium level to Sell

G11=*** Indicators Options ***

UseSTRSI=1                              Use the STRI indicator

G12=*** EA Method ****

EA_Method=Scalping_RSI-STO      Comment when open trade

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Scalping Index Pro is a   professional trading system   designed specifically for fast and precise scalping on   US30 and DE40 using the M1 timeframe . The system has been developed specifically for the unique behavior of major stock indices, focusing on short term price movements, rapid momentum changes, market volatility, and selective grid based trade management techniques to identify high probability   trading opportunities . Scalping Index Pro is optimized for traders who prefer dynamic tra
Pips Master PRO
Lachezar Krastev
FOREX MEGA SALE! 65% OFF! Buy Pips Master PRO with a huge –65% discount ! Promo Price: $137 (Regular Price: $397 — You Save $260!) Act now before this deal ends! Empowering your forex journey with Pips Master Pro. Unleash the power of precision and profit in the dynamic world of forex trading with the revolutionary Pips Master PRO . Crafted by seasoned traders and innovative developers, this cutting-edge forex robot redefines automated trading, equipping you with a suite of advanced systems m
The EA allows you to choose how price extremes (pivots) are detected for divergence analysis. Fractals Simple (default)   uses a fast, confirmed local extremum logic with one bar on each side. It does   not repaint , produces signals earlier, and reflects the original trading logic of the EA. This mode is well balanced for active trading and was used in the initial versions of the strategy. Pivot-N (Left/Right confirmation)   is a more conservative option. A pivot is confirmed only when the pri
Recovery Manager Pro MT4
Ianina Nadirova
5 (1)
Recovery Manager Pro is a system for recovering drawdowns from other advisors or from manually opened orders. RM Pro has the ability to automatically dynamically adjust. The trader needs to select the risk level and the advisor will work in fully automatic mode. Can work in drawdown recovery mode and standby mode! If another advisor generates a drawdown, RM Pro will disable it, lock the position and start the process of restoring the deposit using partial closures. In its trading, the advisor u
One Gold MT4
Stanislav Tomilov
4.68 (19)
One Gold - Future of Trading Introducing One Gold EA, a sophisticated trading robot for gold on the Meta Trader platform, developed to assist traders with advanced market analysis. Our proprietary technology leverages neural networks and data-driven algorithms to analyze both historical and real-time gold market data, providing insights that can aid in decision-making. Unlike traditional manual strategies, One Gold EA operates with minimal intervention, streamlining the trading process and aimin
Exorcist Projects
Ivan Simonika
3 (1)
Exorcist Bot   is a multi-currency, multi-functional advisor that works on any time frame and in any market conditions. - The robot’s operation is based on an averaging system with a non-geometric progression of constructing a trading grid. - Built-in protection systems: special filters, spread control, internal trading time limitation. - Construction of a trading network taking into account important internal levels. - Ability to customize the aggressiveness of trading. - Working with pending
Multi Sniper mq
DMITRII GRIDASOV
5 (3)
MULTI SNIPER EA is precise automatic trading system with around 90% accuracy for MT4 platform. This profitable scalping EA is really one of the most stable system on the market at the present time. No grid! No martingale! It is original product which is offered only on this MQL5 website. Download EA Set_files for testing and trading: GBPAUD Set_file GBPCAD Set_file - Implemented compound interest method and scalping techniques. - System sets dynamic SL automatically depending on market volati
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