Gaps Scalper

3.5

The key to success is always good optimisation.


The system has a number of variables and in this case its simplicity is the key to its success.

The system looks for the different "Gaps" as market entry failures and then debugs them through a stochastic analysis, i.e. the analysis of two moving averages to see if the price is overvalued or undervalued, and once this is done, the expert advisor will decide whether to perform an action or refrain from performing it.

It is a very simple but powerful system.


The variables are as follows:

Lot: Defines the size of the lot.

Take Profit: Defines the take profit in pips.

Stop Loss: Defines the stop loss in pips.

These three variables are of special importance as they will decide the performance of the trading system and its ability to function.


Sensitive: It is the size of the gap that the trading robot will use to perform the sale, in this case, the smaller the value, the more actions it will perform.

A gap whose value is negative will dictate a buy action while a gap whose value is positive will dictate a sell action, however they must be analysed by the stochastic mean to decide whether to enter the market or not.

In this case the gap is a sign of a great movement in the market and an irregular price situation occurs, in this case the trading robot will analyze and perform trading in our favour to determine if we are positive to trade in this circumstance.

Thetimeframe: It is the predefined value to apply to find the gap of the variable "Sensitive" as for the moving average, the lower this number will perform more actions.

Turn off by the Balance: If the total profit balance reaches this value the trading robot will stop automatically.

Percentage to close: This variable is very useful because in the case of a profit on the balance above the value (in percent), the robot will decide to close all the buy and sell shares, always closing them in profit, thus ensuring to free the available margin to continue trading.


This easy to use robot is the ideal choice for first time traders who want to get started in trading with trading robots.


Reviews 3
Miguel Jimenez Cordero
6779
Miguel Jimenez Cordero 2021.05.23 10:26 
 

Good job.

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SomaGold
Andrii Soma
5 (2)
SomaGold is a multi-strategy breakout Expert Advisor for MetaTrader 5, built exclusively for Gold (XAUUSD). One chart, one EA, 32 independent strategies running together as a single diversified portfolio. Live Signal. This is my first published EA on MQL5. To make it accessible at launch, I am using a transparent ramping-price model: Launch price: 100 USD The price increases by 100 USD for every 10 copies sold Early buyers lock in the lowest price for the lifetime of the product. Concept Instead
Range Breakout EA with Range Filters
Jimmy Peter Eriksson
4.44 (18)
UPDATE - FEW COPIES LEFT AT CURRENT PRICE! Not For Traders Who Want To Flip An Account In One Month No Martingale / No Grid / No AI Professional Breakout System For XAUUSD, USDJPY, BTCUSD, US30, and DE40 Live Results:  Live Signal  |  Main Portfolio  |  FTMO Results  |  Public Community Prop Firm Ready! The Range Breakout EA Range Breakout EA is based on a well-known market behaviour: changes in volatility between trading sessions. Volatility is usually low during the Asian session, creating a
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The key to success is always good optimisation. The system has a number of variables and in this case its simplicity is the key to its success. The system looks for the different "Gaps" as market entry failures and then debugs them through a stochastic analysis, i.e. the analysis of two moving averages to see if the price is overvalued or undervalued, and once this is done, the expert advisor will decide whether to perform an action or refrain from performing it. It is a very simple but powerf
FREE
The key to success is always a good optimisation. The system has a number of variables and in this case its simplicity is the key to its success. The system looks for the different "Gaps" as market entry failures and then filters them through a series of Moving Averages to decide whether it should enter or not. It is a simple but powerful system. The variables are the following: Lot: Defines the lot size. TakeProfit : Defines the take profit in pips. Stop Loss: Defines the stop loss in pi
FREE
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Wenham
112
Wenham 2024.06.25 10:34 
 

User didn't leave any comment to the rating

Hallu565
113
Hallu565 2021.12.13 06:34 
 

I backtested this EA on AUDUSD using multiple timeframes and I could not profit on any of the timeframes using default settings.

Miguel Jimenez Cordero
6779
Miguel Jimenez Cordero 2021.05.23 10:26 
 

Good job.

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