• Overview
  • Reviews
  • Comments (4)
  • What's new

Simple Candle Scalper

Simple Candle Scalper is a Forex Robot that analyze previous candle in D1 Timeframe.

Using Time based entry, Averaging, Trailing Stop, Percent Equity to trade, and Stop Out protection Mode.

Default pair is EURUSD (default value) and GBPUSD (setfiles) on M5 Timeframe, 

It is highly recommended using provided setfiles.

Backtests optimized from 2018.

Default using GMT Time (maybe different results on different Brokers).

Please do backtests first, to find best time settings.

Highly Recommended to use Broker with Low Spread and Minimum Stop Levels (less than 1 pips).

For Placing on more than 1 Pair, make sure the Magic Number different each other.

This Robot uses Averaging/Martingale, so please be careful for choosing the lot settings and size.



Recommended products
No reviews
Version 4.0 2020.08.08
Minor Bug Fixes.
Version 3.9 2020.07.11
Bug Fixes.
Version 3.8 2020.07.11
Bug Fixes
Version 3.7 2020.07.11
- Added Lookback value (for faster/slower Strength calculations).
- Changed the Alert functions for DrawDown Percentage.
Version 3.6 2020.07.10
Added Options to enable interval between Orders.
Version 3.5 2020.07.10
Added Stoploss options for each trade.
Version 3.4 2020.06.26
- Bug Fixing on Trailing.
Version 3.3 2020.06.26
Bug Fixing.
Version 3.2 2020.06.26
Major Changes:
- Breakout Strategy (Non-Martingale).
- Reversal Strategy (Martingale).
Version 3.1 2020.06.26
- Additional Lot Calculations.
- Bug Fixing.
Version 3.0 2020.05.28
Major Changes :
- New Entry Logic.
- Added Currency Strength.
- Replace ADR with Limit.
Version 2.8 2020.05.13
- Fixed the ADR Calculations.
- Fixed the Entry Logic.
Version 2.7 2020.05.12
- Bug Fixes
Version 2.6 2020.05.11
- Fixed when choosing Manual Lot.
- Fixed Trailing Error due to Stop Level.
Version 2.5 2020.05.11
- Bug Fixes
Version 2.4 2020.05.10
- Added Average Daily Range for Entry Logic.
Now can be backtested on longer time period without Stop Out.
Version 2.3 2020.05.10
- Add options to choose Lot Multiplier or Lot Increment
Version 2.2 2020.05.10
- Change Lot Multiplier method to Lot Increment to more safe trade.
Version 2.1 2020.05.08
- Bug Fixes.
Version 2.0 2020.05.08
- Additional Trading Time.
Now can trade on Asian and London Time. More open positions.
Version 1.1 2020.05.08
- Made a change on entry rules.
- Lower drawdown results.