• Overview
  • Reviews (4)
  • Comments (13)
  • What's new

AlgoScalpPro MT5

5

The MT4 version of the expert Advisor is here - https://www.mql5.com/en/market/product/38643

Advanced scalper expert Advisor with loss recovery system. The EA has been tested from 2010 to the present day in various market conditions/periods (testing at an earlier period does not make sense, because spreads were very large and the market was very volatile). 

The results are close to real deals.

  • Always use stop loss
  • Martingale/ grid / hedging is not used, etc. (the recovery function uses lot increase 1 time)
  • Complies with FIFO rules
To test, you need a history of 500 bars

Recommended pair EURUSD. Timeframe H1.

Monitoring of real trading Advisor https://www.mql5.com/en/signals/author/bebikovi

Recommendations for risk (maximum) (recovery mode):

  • 1:500  -  Risk = 25;
  • 1:200  -  Risk = 10;
  • 1:100  -  Risk = 5;
  • 1:50   -  Risk = 2.5;
  • 1:30   -  Risk = 1.5;

Recommended - ECN/STP Broker with minimum stop Loss level 0-1 pips/spread 0-5 pips (5 digits) /VPS server.

Parameters

  • Magic Number - transaction ID;
  • Show Info Panel - show information panel.
  • EA Comment - comment to trades.
  • Risk (or "Lots">0 and "Risk"==0 or "Lots"==0 and "Risk">0) - lot size based on maximum risk per trade;
  • Lots (or "Lots">0 and "Risk"==0 or "Lots"==0 and "Risk">0) - fixed lot size;
  • Take Profit (in pips) - take-profit;
  • Stop Loss (in pips) - stop-loss;
  • Max Spread (in pips)  – control of the current maximum spread;
  • Buy Pending Shift (in pips) - shift to place a buy order;
  • Sell Pending Shift (in pips) - shift to place a sell order;
  • Winter GMT Offset - server winter time zone;
  • EA Start Hour - the hour to start work;
  • EA End Hour - end hour of work;
  • Friday End Time - time of finishing work on Friday;
  • Friday Start Time - time start work on Friday;
  • Minimal Profit for TrailingStop (in pips) - number of points required to start a trailing stop;
  • Trailing Stop (in pips) - the size of the trailing stop;
  • Trailing Step (in pips) - the step of the trailing stop;
  • Recovery mode (On/Off) – drawdown recovery function (on/off);
  • Multiple start recovery (trailing) – coefficient for trailing for recovery function;
  • Multiple lot for recovery mode – lot calculation factor for recovery function;
  • Loss point for activate Recovery - the size of the loss in points to activate Recovery mode;
  • Activate Recovery Force - forced activation of recovery mode.


Reviews 4
Tobias James Pincock
1932
Tobias James Pincock 2021.08.20 05:06 
 

excellent EA, i purchased because ATS was performing well and this one performed even better. again excellent support from the author

JCJ
496
JCJ 2021.08.19 03:12 
 

100% real ticks back testing from 1 January 2020 to 14 August 2021 matching live results so far on EURUSD and AUDUSD with my broker. Very good and profitable breakout EA, working well.

Aleks S
579
Aleks S 2021.08.03 12:27 
 

After buying ATS EA from the same author and using it for months , i wanted to add AlgoScalp Pro to my portfolio because i had a good opionion on this Author.. After 4 days i just see that it's a copycat of of ATS .. Both EA's place the exact same signals all the time .. The author says it's going to behave differntly but until proof of it I can only say that i have been ripped off and no refund because i somehow activated it once.. I wonder how i could see it before as it can't be tested on a realtime demo account ! The dog eating it's tail ! Update of 4/08/21 : ASP Placed independent trades for the first time after a week of use and the worked well so back to 3 stars, Need to see more of those and i will revise this review

Update of 22/08 : Algoscalp places trades most of the time before ATS , and the EA by itself is working well , like ATS this EA has a great Win rate and closes trades quickly .. as it operates only during the breakouts

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Market Pulse simple and most effective way to trade, a strategy that always works, breakout level trading. If you noticed that 90% of authors in MQL have real monitoring of their experts is rarely more than $100-$500. But in strategy tester, their EAs bring millions of dollars in profit. However, nobody asks why they sell these EAs, if they can become a millionaire in one year. I offer you a different approach to forex trading, a realistic one. An approach that is suitable for professionals who
1 999 USD
AU Gold mt5
Aleksei Strigin
5 (3)
The Au Gold Expert Advisor includes a Logarithmic Spiral of cycles. For the purposes of Forex trading, weekly cycles are of most interest. This cycle is the equivalent of an intermediate trend and allows you to determine on which side of the market you should open a position. For a more accurate determination of the open positions, the advisor Au Gold uses the ten-day cycle alpha and beta, as well as the analysis of Eliot Waves and the mathematical basis of Fibonacci numbers. All of this allows
999 USD
Divo EA
Anton Kondratev
4.14 (14)
DIVO EA is a Multi-Currency, Flexible, Fully Automated and Multi-Faceted Tool for Identifying Vulnerabilities in the Market Оnly 1 copy out of 10 are Left  at   $715! Next price -->   $1195 Settings FAQ Optimization About Settings Real Monitoring How to install We NEVER Use Grid or Martingale !  After Buying EA, be sure to Write to ME in Private Messages,  I will add you to a Private Group , send you set files and Additional detailed instructions. I am ready to help each buyer install and con
715 USD
News Catcher Pro MT5
Valeriia Mishchenko
5 (16)
News Catcher Pro is a mean-reversion strategy that uses intraday seasonal volatility patterns caused by high-impact news events. It enters the market at a certain time shortly before a high-impact news event occurs . It does not trade frequently! Supported currency pairs: GBPUSD, EURUSD, EURGBP Recommended timeframe: M5 MT4 version can be found here EA is   FIFO compatible The EA does not use martingale or grid, each trade protected by a stop loss ! To backtest the EA you should download
1 650 USD
Aura Black Edition MT5
Stanislav Tomilov
4.31 (16)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
1 250 USD
Golden Tree
Arthur Hatchiguian
4.21 (14)
Golden Tree  is an aggressive  multi-cycle  scalper designed for  Gold (XAUUSD) M1 . Each cycle is  independent.  it uses a sequence of orders and has its own  TP  and  SL . It uses a  martingale  system. This EA is using  strong recurrences  of the past to take position and achieve a  high success rate . The purchase price increases by $100 for every 5 copies sold. It is very important to read the blog post before you start. The   minimum   deposit is   $100   for a 1:500 leverage. An   auto
999 USD
The Forex Exchanger MT5
Fabio Cavalloni
5 (1)
All explainations about the strategy:  https://www.mql5.com/en/blogs/post/747470 Live signals:  Single instance of the EA:  https://www.mql5.com/en/signals/1416185 Multistrategy:  https://www.mql5.com/en/signals/1489462 Here I will explain only the EA inputs part. This EA will be consistently updated with new and unpredictable things that can bring its performance to a better level every day! Buying this EA you will not only got a powerful automatic trading system, but also all knowledge and e
1 199 USD
Golden Informing Advisor is the most efficient advisor on the market. I spent a lot of time and effort to make this software sophisticated with possibilities of high potential profitability while maintaining low drawdown. This trading robot identifies support and resistance levels and trades on a bounce of the price from key levels. In simple words - we use the classic system. But I have added many useful features to this algorithm: machine learning, virtualization, smart order tracking and man
599 USD
R Factor EA MT5
Raphael Minato
5 (4)
R FACTOR Multi Strategy Expert Advisor with Proprietary Dynamic Portfolio Management System After 4 years of development and more than    3    years  of real positive results , R Factor is available for MQL5 community! It has always been important for us that the strategies performed positively for the creator before it could be shared.     Skin In The Game  is essential to demonstrate the belief in the strategy and also to provide a continuous improvement of it. Anyone who has been in this
999 USD
More than one year real monitoring! BLACK FRIDAY PROMO ACTION! You can get the unique EA just for $399 (Next price $699) Real account report MT4 version here! ENS FX SCALPER    – THE FULL AUTOMATED ROBOT FOR FOREX MARKET ADVANTAGES Scalping strategy without gridding or the martingale method Uses Limit Orders for entry and TakeProfit for the best execution and no slippage Uses real and virtual (hidden) StopLoss levels Custom indicators for a more accurate market entry and exit, without wai
399 USD
ATS Advisor MT5
Ivan Bebikov
4.26 (27)
The MT4 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/49187 Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of significant levels, with automatic calculation of Stop Loss (200-400 points (5 digits)). The EA has been tested from 2010 to the present day in various market conditions/periods . Monitoring -  https://www.mql5.com/en/signals/author/bebikovi Main Features: Always use stop loss; Not used martingal
399 USD
Hype AI
Maryam Argi
3.5 (2)
*** %90 percent discount : $460 *** The EA does not need a martingale, grid, or any dangerous strategies.  This is not a normal EA read all of the descriptions to understand it. Hype AI is a fully automated trading robot that has been created based on high win rate strategies. This EA is different from other products in the market because: smart entries based on a combination of top 10 advanced strategies the EA contains a "Full Win" function that increases the recovery factor and can make
460 USD
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ATS Advisor MT5
Ivan Bebikov
4.26 (27)
The MT4 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/49187 Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of significant levels, with automatic calculation of Stop Loss (200-400 points (5 digits)). The EA has been tested from 2010 to the present day in various market conditions/periods . Monitoring -  https://www.mql5.com/en/signals/author/bebikovi Main Features: Always use stop loss; Not used martingal
399 USD
AlgoTradingNightEA
Ivan Bebikov
4 (2)
Price is $349.  (the final price is $599, the price will gradually increase, depending on interest, updates and results). Monitoring of real trading Advisor -  https://www.mql5.com/en/signals/author/bebikovi The MT4 version of the expert Advisor is here - https://www.mql5.com/en/market/product/86753 Keep in mind that the results on different brokers will be different, before using it, I recommend testing on your broker, also keep in mind that the results on MT4 / MT5 may also differ. Read the  
349 USD
Price is $349.  (the final price is $599, the price will gradually increase, depending on interest, updates and results). Monitoring of real trading Advisor -  https://www.mql5.com/en/signals/author/bebikovi The MT5 version of the expert Advisor is here -   https://www.mql5.com/en/market/product/84219 Keep in mind that the results on different brokers will be different, before using it, I recommend testing on your broker, also keep in mind that the results on MT4 / MT5 may also differ. Read the
349 USD
AlgoScalpPro
Ivan Bebikov
3.67 (6)
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/58842 Monitoring of real trading Advisor -  https://www.mql5.com/en/signals/author/bebikovi Advanced scalper expert Advisor with loss recovery system. The EA has been tested from 2010 to the present day in various market conditions/periods (testing at an earlier period does not make sense, because spreads were very large and the market was very volatile). Using professional software, with simulation of real
349 USD
ATS Advisor
Ivan Bebikov
4.35 (17)
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 Monitoring -  https://www.mql5.com/en/signals/author/bebikovi Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of significant levels, with automatic calculation of Stop Loss (200-400 points (5 digits)). The EA has been tested from 2010 to the present day in various market conditions/periods . Always use stop loss Not used martingale / grid/
399 USD
EA NightStar
Ivan Bebikov
5 (2)
The strategy is based on retracements during night-time. Built-in filters are used for entering positions. It is recommended for use on EURCHF, GBPCHF, USDCHF, EURAUD, M5 timeframe. It can also be used on other currency pairs after additional testing and optimization. It is possible to work with a fixed and auto lot size. The EA is able to operate according to the FIFO rule. No martingale or grid. All trades are protected by stop loss. Real account monitoring: https://www.mql5.com/en/signals/a
149 USD
EA Next
Ivan Bebikov
4 (6)
The strategy is based on deviations from the average price during low liquidity. Stop loss is always used. Automatic lot calculation or working with a fixed lot. Trades are closed using the built-in algorithm. Signals and my other EA's are available here -  https://www.mql5.com/ru/users/bebikovi/seller Complies with FIFO rules. No martingale. Does not use a grid of orders. Recommendations Recommended currency pair-USDCHF. Timeframe - M5 (default). It can be used on other timeframes as well.
149 USD
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Tobias James Pincock
1932
Tobias James Pincock 2021.08.20 05:06 
 

excellent EA, i purchased because ATS was performing well and this one performed even better. again excellent support from the author

JCJ
496
JCJ 2021.08.19 03:12 
 

100% real ticks back testing from 1 January 2020 to 14 August 2021 matching live results so far on EURUSD and AUDUSD with my broker. Very good and profitable breakout EA, working well.

Aleks S
579
Aleks S 2021.08.03 12:27 
 

After buying ATS EA from the same author and using it for months , i wanted to add AlgoScalp Pro to my portfolio because i had a good opionion on this Author.. After 4 days i just see that it's a copycat of of ATS .. Both EA's place the exact same signals all the time .. The author says it's going to behave differntly but until proof of it I can only say that i have been ripped off and no refund because i somehow activated it once.. I wonder how i could see it before as it can't be tested on a realtime demo account ! The dog eating it's tail ! Update of 4/08/21 : ASP Placed independent trades for the first time after a week of use and the worked well so back to 3 stars, Need to see more of those and i will revise this review

Update of 22/08 : Algoscalp places trades most of the time before ATS , and the EA by itself is working well , like ATS this EA has a great Win rate and closes trades quickly .. as it operates only during the breakouts

Eduard Mushkatin
1854
Eduard Mushkatin 2021.03.17 21:26 
 

Good EA.

Reply to review
Version 2.1 2022.09.29
Added additional input parameters
- Distance calculation by Ask_Bid / by High_Low - calculation of the distance to the settlement level by prices (Ask_Bid / by High_Low)
- Split to "X" orders - split the order into several smaller orders (I do not recommend set more than 4)
Version 2.0 2022.05.22
Added additional filters to support transactions.
Changed the default input parameters.