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Classic Fractal Scalper

The open tool of the most popular strategy on MQL5 'Breakout of High/Low' points. Developed by professional traders with overall 12 years of experience!


Classic Fractal Scalper
 is an EA tool based on the popular strategy of breakout of custom fractals. The user can set the range of a fractal, the number traded fractals and the offset points from the fractal points. The EA trades with stop-orders and then they are activated the EA manages them. The EA has a rich set of tools. It writes statistics of orders execution in csv files, makes screenshots of charts and send notifications when orders are activated. Everything was done so Classic Fractal Scalper feels like a tool for pro-traders. 
The EA is constantly being improved, so your feedback is always welcome.


Detailed functions description:

  1. Setting up fractals: the fractals of the Classic Fractal Scalper EA work according the same principle as fractals of Bill Williams, with the only difference that you can choose the size of a fractal (the number of bars on the left and right sides). 
  2. Recording of order statistics: the EA records detailed statistics about its execution of orders to a csv file. There you will find at what price the order was executed, spread upon activation, how long the order was opened, slippage and so on. All CSV files can be found in the general folder of your terminal in "\MQL4\Files\Classic Breakout Scalper\Screenshots\".
  3. Taking screenshots of charts: the EA takes screenshots during the activation of stop orders, thereby visually informing the trader about how pending orders were executed. Screenshots can be found in the folder  "\MQL4\Files\Classic Breakout Scalper\Screenshots\".
  4. Sending notifications when stop orders are activated: the EA can send push notifications or e-mails when pending orders are activated. It is convenient if the trader wants to personally track how the deal was executed and closed.

The example sets you can find in the comment section


Description of input parameters:


Basic settings:

  • Comment for order - comment for orders.
  • Magic number - unique identifier for orders.

Entry rule settings:

  • Number of bars from the right / left of a fractal - the number of bars that must be on the right / left side for a fractal to be created.
  • Number of trade fractals - the number of upper / lower fractals that will be created for trading.
  • Add extra points to the high / low fractals - an additional number of points that will be added to the high / low point where pending orders will be placed.
  • When a stop order is activated, send a notification - what type of notification to send when a postponed auditor is activated
  • When a stop order is activated, send an alert - send a signal when pending orders are activated.
  • Take a screenshot of the chart - take a screenshot when the pending order is activated.
  • Record execution data of orders - record the statistics of order execution to a csv file.

Lot calculation parameters:

  • Money Management Type - lot calculation type. 'Fixed_Lot' - the lot will be fixed, 'LotSize_Per_Balance' - the lot will be determined by the size of the balance (for example, with 0.1 lot for each 10000 balance amount, this means that with an increase / decrease in the balance amount, the lot will also increase/decrease. For example, if the balance amount has decreased up to 9000, then the lot will be 0.09. If the amount increased to 11000, then the lot will be 0.11).
  • RiskPerTrade - the lot will be calculated based on the risk percentage. Size of the fixed lot, lot-step, or risk percent - the size of the fixed lot, the lot size for a certain amount of the balance and the percentage of risk per trade.
  • Balance size for a certain lot - the size of the balance for a certain lot. 


Others settings:

  • A type of notification which the EA will send during an error - the type of notification that the advisor should send during a critical error. H
  • ow many available bars on a chart should before start trading - how many bars should be on the chart before the EA starts creating fractals. 
  • Color for the upper fractals - color for the upper fractals. 
  • Color for the lower fractals - color for the lower fractals.




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    Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool t
    Btcusd Grid
    Ahmad Aan Isnain Shofwan
    BTCUSD GRID EA is an automated program designed to use the grid trading strategy BTCUSD GRID EA is highly useful for beginners and experienced traders alike. While there are other types of trading bots you can use, the logical nature of the grid trading strategy makes it easy for crypto grid trading bots to perform automated trading without issues. BTCUSD GRID EA is the overall best platform to use if you're looking to try out a grid trading bot. BTCUSD GRID EA is highly effective for the cryp
    This EA was once our internally used premium EA, now offered to everyone after adaptive improvements. It utilizes stable time zone patterns, generates orders almost daily with a very high win rate, and is particularly suitable for clients with lower capital. Backtesting using MT5's "Every tick based on real ticks" mode yields results highly similar to live trading, no adjustments and showing long-term stability, indicating a mature strategy. However, everything has two sides. This EA's strategy
    TopBottomEA
    lizhi fu
    4.67 (48)
    TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
    GRain EA MT4
    Roman Erokhin
    4.5 (6)
    Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
    Dark Algo
    Marco Solito
    4.75 (52)
    Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
    FT Gold Robot MT4
    Marzena Maria Szmit
    4.4 (35)
    Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with   XAUUSD pairs . With its advanced analytical capabilities,   FT Gold Robot   constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da
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    Pips Slayer
    Tom Seljakin
    3.33 (3)
    ''A professional trader is a greedy trader: he buys at lows and sells at highs with minimal risks and high returns,, Pips Slayer is developed exactly for such trading approach . It's a universal indicator for tracking reversals and uses price action patterns, discrepancy of custom indicators and a multi-layered formula for identifying reversal structures. The indicator is very easy to use; it only shows arrows where is recommended to buy or sell and recommended take-profit and stop-loss pric
    FREE
    Pro Indicator Trader is a professional trading tool with which you can automate/create a trading strategy using the 31 classical Metatrader 4 indicators.  An elegant and intuitive interface allows you to customize your strategy down to the smallest detail and choose whenever the EA should open a buy or sell position. For each entry-trade rule, you can use up to 14 different indicators. The EA is designed for professional traders, therefore it has many advanced functions. The EA records the orde
    Candle Breakout EA is a trading tool for traders using the high and low breakout strategy of a previous candle. The EA waits till the price is higher than the previous candle's maximum or below the previous candle's minimum, and later opens a certain order (you can choose which type of order to open when the extremes are broken). This type of trading is well suited for classic strategies such as day trading on daily charts, breaking the morning candle on Monday, impulse trading, etc. The Expert
    The Omega Point indicator uses a complex multilayered system that is used by the top world traders which helps to determine the beginning of trends that are highly likely to last for a long time. The system uses several complex trend calculation modes, due to which the indicator adapts to the specifications of different currency pairs, and is suitable for both conservative and aggressive trading. The indicator makes the necessary calculations and shows important information about how the trade
    Master Point is an indicator set that includes the most powerful and necessary tools for a trader, giving that very edge in the markets to be successful. An indicator that has an elegant and complete system that works very well in all markets (Forex, Crypto, Stocks, Indices) helps to find the best reversal points. It has tools such as trend reversal detection, pivot points, divergences, currency strength and 'candle strength'. All this makes the indicator a complete tool that does not require a
    Reverence Gold EA is a portfolio of advanced gold strategies that are made up of systems that have proven to be stable and profitable. The EA uses improved versions of the classic breakout, trend reversal, swing trading, and price action setup. All of these systems create a smooth yield curve, and make it easy to get through periods of economic and political turbulence. This system is specially designed for those who are serious about investments and want to increase their capital. Promotion
    Simple grid master  is a trading tool for trading reversals with help of grid and martingale style. The EA uses for entry into the markets such indicators as: Bollinger Bands, Ozymandias, Moving Average, Williams Percent Range, Stochastic, MACD. You can select which indicators will be used for entries, customize martingale and grid settings to your liking, use additional filters (time filters, order distances, etc.) for more accurate entries. The most important that the EA is constantly impro
    Quantum Incinerator EA is the exact the EA you were waiting for. Developed by professional traders with overall 12 years of experience who are ready to show you what a real high frequency EA should be! Also recieve for free ' Reverence Gold Ultimate EA '. Quantum Incinerator EA is special kind of EA that utilizes fractal based support and resistance strategy in order to utilize dynamics of the market in a profitable way. And although the adviser uses a minimum of settings for your convenience, '
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