• Overview
  • Reviews (8)
  • Comments (17)

EA Scalper MT5 Free

3.75

This free version only trades on Monday and Tuesday. It has no other restrictions.

Before opening each trade, EA checks the trading leverage of the account as well as the margin level. I do not recommend using more than 1: 100 leverage, please be aware of the risks. The EA will not open a volume that will lower your margin to less than 200 percent. it is a good protection against opening several positions on different pairs. therefore, we can trade 5-10 pairs at once and not worry about a large number of transactions. I use 1: 50-1: 100 leverage and I am happy with this protection!

Before you buy a night scalper please be aware of the risks involved:

1) Past performance is no guarantee of future profitability (the EA could also make losses). 

2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading.

3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected news or flash crashes. This strategy will always use a stop loss, but still execution of the SL depends on your broker.

4) Night scalpers are dependent on good brokerage conditions, like low spread and slippage, which might be worse on high lot sizes.

EA Scalper MT5 is a mean reversion system during the quiet hours of the day.  The EA trades at the end of the US session and at the beginning of the Asian session.

It does not use martingale or grid and has a stop loss for every position. 

Symbols: EURUSD, GBPUSD, EURCHF, USDCAD, EURCAD. 

Time frame: M5 and M15

Live signals and other products here - https://www.mql5.com/ru/users/leron34/seller#products

Unlimited version here - https://www.mql5.com/ru/market/product/52548

The default settings are GMT +2 for many popular brokers and automatic DST (Daylight Saving Time) switching. Please email me if you are not sure how to set the time on your broker. 

The EA should run on a VPS continuously without interruption. 


It is important to use real spread in backtesting and not some fixed spread. But be aware that the spread can be very different between brokers at that time.

The EA should be turned off on days of important events, for example general elections in UK, US or Europe!


Parameters


  • Lots  = 0.01 this lot will be used for trading if RiskAllow = 0
  • SpreadAllow= 1 Maximum spread at which a trade can be opened
  • RiskAllow = 5  Loss if the price reaches Stop Loss (measured as a percentage of the deposit)
  • SlipAllow = 7   Slippage
  • StopLossPip = 100 Distance where the advisor will place a SL
  • TakeProfitPip  = 100 Distance where the advisor will place a TP
  • MaxPoz = 1 The maximum number of simultaneously open positions in one direction. The EA has the ability to open more than one order in one direction. I do not use it. I did it at the request of users
  • PipStep = 5 This function is also needed for the order grid. this is the distance from the previous order in points to open the next order.  I do not use it. I did it at the request of users
  • ChannelPeriod = 12 This is the indicator period in the form of the number of last candles
  • GMT = 2 GMT of your broker. Most brokers have GMT 2. I trade and advise everyone to trade on IC Markets.
  • DST = true  Daylight Saving Time
  • TimeOut  = 1 This is the time in seconds between orders in the grid if you are using a grid.   I do not use it. I did it at the request of users
  • CloseProfitTimeOut = 2 This parameter determines how many points of profit to close if the deal was not closed during working hours. You can use a negative value.
  • TradeInFriday = true Trade or not on Friday night. If you are afraid of gaps on Monday, then you can disable this function. (Only for full paid version)
  • StartHour = 23 Start hour
  • StartMinute = 3 Start Minute
  • StopHour = 0 Stop Hour
  • StopMinute = 59 Stop Minute
  • Magic = 2020 Magic number for trades
  • Visual = false This parameter enables and disables information on the screen during trading. For tests to increase speed it is better to disable




Reviews 8
Eduard Mushkatin
1820
Eduard Mushkatin 2020.11.25 00:27 
 

For a free of charge EA it delivers incredibly stable profits. After a two-week test on a live account, I purchased the both scalpers: FF3 and EA Scalper MT5. Big thanks to Valerii for the possibility to test the EAs for free.

Дмитрий Башлык
30
Дмитрий Башлык 2020.10.16 01:01 
 

I tried this EA, no losses yet, I watched monitoring "2. Ea Scalper MT5 icm" on Valerii Gabitov page - there are no losses for 5 weeks, I recommend bought full ver of this EA.

Buy_sell
263
Buy_sell 2021.06.30 18:24 
 

Версия Free работает в понедельник и вторник. Ставил себе на демо, получалась даже неплохая прибыль, стопов не было. Но потом начались новогодние праздники, автор посоветовал пока советник не включать. Потом я уже не стал его включать снова, страшновато, если стоп сработает, то съедает очень много прибыли. Просто я вообще не верю ни в какие стратегии со стопами.

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Buy_sell
263
Buy_sell 2021.06.30 18:24 
 

Версия Free работает в понедельник и вторник. Ставил себе на демо, получалась даже неплохая прибыль, стопов не было. Но потом начались новогодние праздники, автор посоветовал пока советник не включать. Потом я уже не стал его включать снова, страшновато, если стоп сработает, то съедает очень много прибыли. Просто я вообще не верю ни в какие стратегии со стопами.

Valerii Gabitov
16838
Reply from developer Valerii Gabitov 2021.06.30 18:26
Спасибо за отзыв. Пробуйте фф3 скальпер. Он устанавливает стопы на всякий случай и никогда не ждёт их если что не так закрывает сделку в минус
Stanislav Scherbinin
141
Stanislav Scherbinin 2021.02.14 14:31 
 

Не работает! Убытки только

Valerii Gabitov
16838
Reply from developer Valerii Gabitov 2021.02.14 14:34
Напишите мне в личные сообщения, если вам требуется помощь в настройке.
WillieBeGood
134
WillieBeGood 2021.01.20 11:48 
 

I will not rate it or comment on it's performance until I have enough data to support my criticisms/comments. I will say, I bought the EA, stuck it on 6 pairs, don't know what settings, and let it rip over night. I did my usual log and I had to look twice and check formatting, there were no Red entries, "0" yes but no negative trades. Yo must think I am stretchin it, but true, no losses. This could be a one off, time will tell. when I know more, I will comment.

Eduard Mushkatin
1820
Eduard Mushkatin 2020.11.25 00:27 
 

For a free of charge EA it delivers incredibly stable profits. After a two-week test on a live account, I purchased the both scalpers: FF3 and EA Scalper MT5. Big thanks to Valerii for the possibility to test the EAs for free.

banzay13
49
banzay13 2020.11.11 09:19 
 

User didn't leave any comment to the rating

Vasiliy Kolesov
3411
Vasiliy Kolesov 2020.10.16 22:31 
 

User didn't leave any comment to the rating

Дмитрий Башлык
30
Дмитрий Башлык 2020.10.16 01:01 
 

I tried this EA, no losses yet, I watched monitoring "2. Ea Scalper MT5 icm" on Valerii Gabitov page - there are no losses for 5 weeks, I recommend bought full ver of this EA.

Alexander Kuznetsov
463
Alexander Kuznetsov 2020.10.13 13:18 
 

User didn't leave any comment to the rating

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