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PS Scalper EA MT5

5

The EA works simultaneously with 6 forex pairs in a single chart and window (EURAUD, EURGBP, EURUSD, GBPUSD, NZDUSD, USDCAD). This is important to understand, because if you put the EA in several windows, the EA will duplicate trades.

Signals and other products: https://www.mql5.com/en/users/mike_explosion/seller

It is also important that you have EURAUD, EURGBP, EURUSD, GBPUSD, NZDUSD, USDCAD in the 'Market Watch' list.

Unlike other systems and products for sale on the Market this one is not over-optimised and does not show 100% winning trades with no risk and almost no drawdown. It simply does not exist. If you compare the backtests with the live signals of those products you will understand what I am talking about. The behaviour of this EA is 100% real.

Only 1 trade per signal and pair with StopLoss. This system does not use martingale and among its options is a system that closes all trades when a certain level of DD is reached.

All sets are integrated into the EA and it is not necessary for the author to share any *.set files with you.

It is not necessary to use a specific TF (Timeframe) for the EA to work correctly in the strategy tester or in real trading. The TF's of the different strategies are integrated in the EA.

Parameters

  • Pause EA: When 'OFF' the EA runs without interruption. If 'ON' the EA will not open new trades or monitor the DD/TP/SL. (Please take this into consideration).
  • Lots Method: You must select the mode in which the lots will be calculated.
  • Fixed Lot: Set the fixed lots in the option 'Fixed' and 'Fixed per 'X' Balance/Equity'.
  • Fixed Lot per 'X' Balance/Equity: Fixed lots multiplier according to Balance/Equity.
  • Percentage of Balance/Equity: The way in which the lots are chosen is very simple. ((Balance or Equity * Leverage * 0.01) * Percentage selected here)
  • DD Max. Mode: Here you can select various behaviours after reaching a certain DD.
  • Lots Value: In case you use 'PoB' (Percentage of Balance) or 'Fixed' this is where you enter a value.
  • DD Max. Mode: Here you can select various behaviours after reaching a certain DD.
  • DD Max. Value: Determine how much percentage reduction must be reached for any of the above behaviours to take effect.
  • Magic Number: Number assigned to trades opened by the EA to differentiate them from manual (discretionary) trading.
  • Suffix Symbol: If your broker uses "EURUSD.m", type ".m".
  • Use EURAUD: ON/OFF.
  • Use EURGBP: ON/OFF.
  • Use EURUSD: ON/OFF.
  • Use GBPUSD: ON/OFF.
  • Use NZDUSD: ON/OFF.
  • Use USDCAD: ON/OFF.
  • Panel [OFF=Fast Backtesting]: Displays a computer panel in the chart window. Turn it off in the strategy tester for faster backtesting.
  • Font panel: Select the font type.
  • Font panel: Font size of the panel.
  • Line Style: Line style (BE, TP, SL and next grid level).
  • Line Width: Width of the lines.
  • Line Color TP, SL, Grid and Breakeven.
  • Panel Comment [Max. 30 chars]: Customised panel comment.
  • MQID© Push Notif. [DD/TP/SL]: Sends an automatic notification after reaching DD/TP/SL via the MetaTrader 5 mobile application.

Minimum requirements and recommendations

  • Broker: Any broker with a low spread (Test in the strategy tester. There is often a lot of difference between brokers due to spread, swaps...) I recommend IC Markets.
  • Minimum initial deposit: $300
  • Leverage: 500:1
  • Account type: Hedging.
  • Use a VPS for the EA to work 24/7 (Mandatory).

Strategy Tester

  • Use 'Every tick based on real ticks' (>99% quality).

This product is sold only on MQL5.com. Sales on other sites are illegal. Other products from the author: https://www.mql5.com/en/users/mike_explosion/seller


Reviews 6
M Arul James
272
M Arul James 2022.07.28 13:40 
 

One of the best EA in my collection. It is making lot of profit. i am running 12 EAs and this is one of the top 3 EAs i have.

Malcolm David Parker
465
Malcolm David Parker 2022.04.19 11:25 
 

I have now made my money back on this EA so very happy with it. Any purchase from Pathfinder system you gain access to a private group which over the years I have gained valuable knowledge of the forex business.

M.S
149
M.S 2022.03.29 12:35 
 

Backtests and Signal looking very promising! I was searching for a safe long-term EA and this is what caught my attention. Going to put a couple hundred bucks on my Roboforex ECN account and let it sit for 3 years, lets see what happens ;)

Edit: Using the EA on live account since June 1st, + 35 % growth so far with less than 10 % DD. Love it!

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Temporary sale for $ 345 . Next price 399$ MT4 version You can watch the trading of the Expert Advisor in real time:   Monitoring1     Monitoring 2   Monitoring 3     Currency Pair Presets and Test Results:   Presets and Test Results Breakouts Master   is a fully functional automated system that uses a time-tested strategy for breaking out of important price levels, adapted to modern conditions. This technique has appeared since the inception of financial markets and is still used by
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Gold Harmonic MT5
Renate Gerlinde Engelsberger
3.58 (43)
At the request of the people, 5 copies are sold at the previous price (1 people left) : Next price: $ 500 An expert based on harmonic patterns For gold in time frame 5 and 15 minutes With a large number of signals Has a TP and a SL Without the use of dangerous strategies such as martingales and hedges After purchasing this expert, send me a message to join the buyer group  Symbol  Gold  Timeframes  M5 , M15  Minimum  Deposit  Minimum tested capital: 250$   Brokers  Any broker  L
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The Power of Unity
Pavel Malyshko
5 (4)
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Entry Points Pro EA for MT4 and MT5 Immediately after the purchase, contact me via private messages on this website for instructions and a very powerful bonus! Attention! Only 2 copies left at a discounted price! The next price will be $749 soon The Entry Points Pro expert advisor was created on the basis of the legendary Entry Points Pro indicator , which received more than 450 positive reviews on the MQL5 exchange and was on the 1st position among thousands of other indicators for more than a
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GoodMorningEA
Wei Tu
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Live signal 1 Live signal 2 MT4 version is here GoodMorningEA is an advanced night trading system that uses smart algorithms to make the safest entry when markets are at their quietest. It uses dynamic take-profit based on the market state at the time of entry, and has a variety of exit modes. GoodMorningEA does not use Martin, does not use a grid, and has a strict rules-based trading method, opening only one order at a time and placing stops on each trade. Note: as with almost all night scalpe
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Evening Scalper Pro MT5
Valeriia Mishchenko
4.9 (10)
EA has live track record s with   low drawdown : Live signal - Best Pairs Live signal - All Pairs Only 2 copies of the EA out of 10  left  at $899! Next price --> $1049 Evening Scalper Pro is the state-of-the-art mean-reversion trading system that operates during the American trading session. It's very different from most other scalping systems, since it uses a unique trading logic on cross pairs that have a strong mean-reverting tendency with high profit targets. EA enters the market with ma
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Golden Future mt5
Liudmyla Bochkarova
5 (2)
Golden Future Expert Advisor includes a total of 5 different strategies. This is done with the sole purpose of being able to adapt to any type of market, whether in a trend or in a range.  Golden Future EA was created with the use of an extensive genetic algorithm study.  The EA showed stable results while maintaining a low drawdown, especially during market crashes        No dangerous money management techniques, no martingale, hard grid or scalp. Suitable for all broker conditions - not sensi
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Batman Midnight Hunter MT5
Evgenii Aksenov
4.92 (12)
Batman Midnight Hunter is a fully automatic smart night scalping system that has proven itself on real accounts. It doesn’t adjust the system to use history data (as most creators do), the EA is developed to use the existing market inefficiency. So it’s not a simple hit-and-miss system, it is a fully adapted smart system for night scalping, using real market mechanics to its advantage in order to make a profit. The EA uses fixed Stop Loss and Take Profit. The EA is workds with any broker and sup
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Great Breakthrough
Pavel Malyshko
5 (8)
Sale at the price of 299 then the price of 399 and above! Trade monitoring :   https://www.mql5.com/ru/signals/1456221 Real Signal   :  https://www.mql5.com/ru/signals/1628666?source=Site+Signals+My The system works in the evening, using the patterns of price behavior in a given trading period. Version on MT4   https://www.mql5.com/ru/market/product/82717 it may have differences from MT5. The tests in the strategy tester will be different for different brokers, this applies to
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ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. You can make back testing Advanced AI Scalper in MT5 with multicurrency supporting.  - LIVE SIGNAL: https://www.mql5.com/en/signals/1571991 Real operation monitoring as well as my other products can be found here:     https://www.mql5.com/en/users/tuanthang/seller You can find MT4 Version of this EA here:  h
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Luna MT5
Profalgo Limited
4.44 (9)
Launch promo: Only 1 copy left at 349$ Final Price: 999$ New: choose 1 EA as bonus! (limited to 2 trade accounts) LIVE RESULTS :  Best pairs -> h ttps://www.mql5.com/en/signals/1502590 Luna EA is a very effective night scalper and one of the best you can find on the market.  It was developed using years of experience in live trading with the mean-reverse strategy, and selected only the best pairs and techniques to be included in this EA. Since the EA is build upon existing technology that was
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PS Tsunami EA MT5
Miguel Angel Vico Alba
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The main focus in the development of this EA was safety by eliminating the risk of a large drawdown that is generally associated with most grid systems in the market. The end result is a much better performance than any similar system. Signals and other products: https://www.mql5.com/en/users/mike_explosion/seller Unlike other systems and products for sale on the Market this one is not over-optimised and does not show 100% winning trades with no risk and almost no drawdown. It simply does not e
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PS Wave Crossing MT4
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Taking into account an efficiency factor and the CCI + RSI + MA, the result is a cross with a high probability rate. Each crossing could be taken as the "Delta" based on the above-mentioned factors. Feel free to adapt it to your liking. This is not an indicator "magical", is one more tool to help confirm signals. Parameters CCI Period RSI Period MA Period Coefficient (0 to 8) Drawing Style Color Main Line Color Signal Line Lines Width (1 to 5) Show arrows crossing Main/Signal Show arrows cros
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PS Volume MT4
Miguel Angel Vico Alba
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Displays the volume of buyers and sellers in a more friendly and understandable. In this way we can determine more accurately if they win the bears or the bulls. There are patterns of behavior that we studied beforehand, but in essence we will serve as support at the time of making decisions. Also if we are already within the market we can confirm if is approaching a change of trend and so exit before the change of the same. Parameters Drawing Style Buyers Volume Color Sellers Volume Color Widt
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M Arul James
272
M Arul James 2022.07.28 13:40 
 

One of the best EA in my collection. It is making lot of profit. i am running 12 EAs and this is one of the top 3 EAs i have.

Malcolm David Parker
465
Malcolm David Parker 2022.04.19 11:25 
 

I have now made my money back on this EA so very happy with it. Any purchase from Pathfinder system you gain access to a private group which over the years I have gained valuable knowledge of the forex business.

M.S
149
M.S 2022.03.29 12:35 
 

Backtests and Signal looking very promising! I was searching for a safe long-term EA and this is what caught my attention. Going to put a couple hundred bucks on my Roboforex ECN account and let it sit for 3 years, lets see what happens ;)

Edit: Using the EA on live account since June 1st, + 35 % growth so far with less than 10 % DD. Love it!

johnsteed
291
johnsteed 2022.03.03 14:24 
 

March 3, 2022: I add a prelimenary review for versions up to 1.4 (1.5 still to be tested). The concept of the EA needs to be well understood, as it's philosophy is to trade relatively seldom, but with a high win rate. I'm using the product since it's first publishment, and can confirm a very high win rate, making the EA quite profitable so far (ECN broker with low spread and VPS with low ping). I like to emphasize that the EA type called scalper might appear as a bit misleading - usually, this type is attached to trade concepts seeking fast profit with small TP and SL. This product differs in that larger TP and SL distances are used, what in turn may mean that the EA keeps trades open for longer periods of time. I suggest to closely read backtest results and to become familar with the way how the EA performs. The author is very knowledgeable, responsive, and supportive. Conclusion: no limits on stars - a recommendable product for those traders which have patience and can live with periods of time where nothing happens on the trade account (maybe combine with other EAs to fill in these times - but watch out for risk mgmt then). Updates for version 1.5 (or higher) to follow in some time.

hungnq1992
721
hungnq1992 2021.12.19 10:24 
 

i just bought PS Scalper EA MT5. Let's see what happens

Kittisak Jenner
371
Kittisak Jenner 2021.10.02 09:06 
 

I made back the money I used to buy this EA after it's first trade, so 5/5 for me.

Reply to review
Version 2.1 2022.07.12
- The only change has been that the default setting is now the recommended setting with a stable risk/benefit.
Version 2.0 2022.07.01
- THERE HAVE BEEN NO CHANGES IN STRATEGIES/RESULTS.
- The old lots/risk recommendations have been removed and new lots management methods have been incorporated.
Version 1.9 2022.05.17
- Panel minor bugfix.
Version 1.8 2022.05.16
- Panel minor bugfix.
Version 1.7 2022.05.16
- Panel minor bugfix.
Version 1.6 2022.05.13
- New working pairs: EURAUD, EURGBP, EURUSD, GBPUSD, NZDUSD, USDCAD.
- Completely redesigned panel. Displays much more information.
Version 1.5 2022.02.28
- The panel has undergone a major refurbishment. It now shows more information and bugs have been fixed.
- The EA now works with 6 pairs and all of them can be activated/deactivated at the user's choice so that he/she can create his/her own portfolio if desired.
- The pairs have been reoptimized. Profits have almost doubled with the same DD and the number of trades, Sharpe ratio, Recovery factor, etc. have been increased.
Version 1.4 2021.11.22
- The EA now works simultaneously with 5 pairs (AUDUSD, EURUSD, GBPUSD, USDCAD and USDCHF).
Version 1.3 2021.11.18
- Provisionally v1.0.
Version 1.2 2021.10.24
- The EA now works simultaneously with 4 pairs (AUDUSD, EURUSD, GBPUSD and USDCAD).
Version 1.1 2021.08.29
- It is no longer possible to select the number of trades per signal. Only one trade per signal.
- 3 risk management profiles have been added within the 'Lots Mode' parameter: Low, Medium and High.
- All orders have TS (Trailing Stop) and TP (TakeProfit) of 300 points and SL (StopLoss) of 600 points. (10 points = 1 pip)
- Incorporated a new system of recovery of losses ('Lots Recovery Multiplier' parameter).
- Reoptimization of the EURUSD set.