• Overview
  • Reviews (5)
  • Comments (30)
  • What's new

TimeScalper Free

The Free version of TimeScalper has a fixed lot value set to 0.01 and works only on EURUSD.

This EA works with internal logic, no additional indicators needed.

Here is the explanation of the input values:

  • BrokerIsECN - If you use an ECN Broker, you must select this option that will modify your order adding the SL only after the order is placed.
  • StopLoss - This saves money against spikes or huge loss.

The EA has a trailing stop very close to the entry value and not all the brokers allows so tight TL. In this case you'll get the error "TrailingStop too close to the Stoplevel".

In order to let the EA works correctly, you should select a low-spread (better less than 1 point) instrument and a fast Broker STP or ECN with a good low latency connection.

I've back-tested this EA's on EURUSD M5 and USDJPY M5 with two different brokers history and a variable spread between 08 and 12 pips, where I had good results and low drawdown (take a look at the results of the Time Scalper Basic and Time Scalper Pro version).

You can also use the M1 TimeFrame.

It's not my intention to sponsor any brokers, so I'm not going to share any Live trading results. That's why I made the free version which can be tested by yourself on a demo/real account with low risk.

Eleni Anna Branou
3590
2017.02.13 18:52 
 

Nice.

Ovidiu Caslariu
7846
2016.03.03 18:08 
 

Tried it.

Alexandr Saprykin
6339
2016.02.12 22:46 
 

У меня в тестере показывает, только слив. Все сделки закрываются почему-то с минусом.

Adam53
179
2015.09.28 23:00 
 

Simone

Your EA world champion is a little small.

Wonderful and reliable. I would recommend ..

Proven demo account and real.

Thanks, good luck

lzntk
48
2015.07.06 11:06 
 

за неделю девять сделок и не одной прибыльной,все в минусе.

Version 1.1 - 2015.11.24
Some features have been unlocked:

-Magic number
-Lot size
-Trade on any pair