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Straddle Scalper

249 USD

Demo downloaded: 55

Published: 30 March 2022

Current version: 1.4

Straddle Scalper

Experts
Remi Passanello
Version: 1.4
Activations: 5

Overview:

Straddle scalper is an EA opening straddles at particular hours and /or days.
The Take Profit is dynamically generated using ATR ratio.

Requirements:

A hedging account is needed in order to open straddles.
A strict optimization (in open prices) is mandatory.

What is a straddle ?

A straddle is the action to open a Buy and a Sell at the same time.

How does this EA works ?

After being successfully optimized, the EA will open a straddle at each new bar (H1 Timeframe) designated by optimization.
The decision to open a new trade is taken according to a required minimum volatility (measured by ATR and statistically over the trading history)
A Take profit will be placed dynamically according to ATR ratio calculated by optimization.
There can only be 1 or 2 trades at the same time, closed by take profit or a new bar.
This EA does not use the following systems: Hedging, grid, martingale.

How to optimize ?
Take a look at the pictures, there is one showing the basic settings of the optimization set file.
Always optimize and use in H1, it will not work with any other Timeframe.
First, optimize in open price as the EA only set trades at new bars. (explicitly works in open prices)

Safe long term trading:

If you want to be really safe, best is to optimize on a long term like several years.
Try to find a results with many trades and the lowest drawdown.
Watch the profit curve, it must show a trend up as steady as possible and especially at the end.

Risky trading for potential fast big rewards:

Use a tiny start capital like 100 in order to avoid eventual big loss.
Be sure that no particular planned news or events will interfere during your trading session (NFP, war or any country or economical diseases)
Select a quite short period to optimize like some months or weeks.
Also optimize the MaximumPercentageAtRisk in order to get a risky but proven set file.
Use the most rewarding optimization result with the lowest drawdown and a good amount of trades (don't use ones with only some trades as it will not represent something reliable)

In any case, the best working instruments at the the most volatile with the lowest spread, trend is not a relevant factor for this specific strategy, only volatility and spread matters.

When your optimization is done, test it with real ticks, the result should be the same or a little bit better if the spread of your broker is not floating too much.

EA Inputs:

useWeekDay: true/false : Uses or not the possibility to trade only during the selected days.
Monday ... Friday:true / false : enables the selected day for trading if useWeekDay = true
Minimum ATR: 1 - 200: Sets up the minimum ATR value to enable trading activity (volatility level)
ATR Period: 1-100 or more: Sets period in bars for ATR
ATR Ratio for Take Profit: 0.1 - 100: ATR is divided by this value to be used as Take Profit
TradeAt0 ... TradeAt23: None/Trade: None will disable any trade at this time, Trade will enable straddle trading
UseTakeProfit: true/false: Will use TP or not
Maximum volume: 0.01 - 100: maximum volume for both trades (straddle)
Risk Percentage: Trade at constant risk, 1 = 0.01 lot for 1000 of currency (€,$,AUD,CAD, aso...)
Maximum lot par 1 trade: Sets the maximum volume for each trade *
TrailingStop: Sets the trailing stop value in pips
MagicNumberLong/Short: Magic number for long and short trades

*The EA checks if the asked volume is available in term of funds and leverage. If not, the minimum lot size will be used.

For better results, always use TakeProfit.

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Automated, highly accurate trading advisor for trading the EURUSD currency pair. Signal: https://www.mql5.com/en/signals/2129200 Advantages: The advisor uses an intelligent system for closing unprofitable orders. There is a news filter and a trading time filter. It is possible to test the news filter in the tester (to do this, contact me and I will send you the news file required for testing). Requirements: Trading pair: EURUSD Working timeframe: 1H Minimum deposit: $100 Leverage: preferably 1:

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This robot is part of the RPTrade Pro Solutions systems. Netting Scalper is a fast trading robot using ticks dynamics and netting system. It's designed to be used by anyone, even the absolute beginner in trading can use it. Designed for M1 ONLY Uses Takes Profit, Stop Loss and Trailing stop. Can also work as a switch without SL/TP Works with any pairs How does it work Netting Scalper is a fast M1 scalper. It's not using any indicator. It follows brokers' ticks distribution. Tra

390 USD

TrendSwift It's designed to be used by anyone, even the absolute beginner in trading can use it. NEVER repaints . Indications are given from close to close . Designed to be used alone , no other indicators are required. How does it work TrensSwift is using an internal trend indicator combined with a price action and Fibonacci system. The strategy is stricly applied without any post recalculations, smoothing or interpolation. The "success" of the strategy can be checked inst

30 USD

PipsMinerFast is mainly a trend follower with a bit of price action. At first sight, you will think: "Oh well, one more indi showing everything I've missed today but not giving a clue about what will happen..." Okay, you can believe this when just looking at it but start a test it and you will see that PipsMinerFast: Shows you the trend immediately Is not repainting Has minimum lagging Counts pips immediately Adapts to your spread level Works from M1 to H1 Is heading in the right direction 90% o

120 USD

Scalp Tool is a very efficient counter trend indicator. It's designed to be used by anyone, even the complete newbie in trading can use it. Scalp Tool does not repaint . Indications are given from close to close or from close to a visible level. Scalp tool can be used alone , no other indicators are required. Scalp Tool indicates Where to open your trades. When to close them. Where to place stop orders. With an accuracy over 80% during live testing. Scalp Tool works With any instrume

250 USD

Trend Wave is an advanced trading tool; trend and counter trade indicator based on Supports and Resistances. Trend Wave is designed to have an active trading at any time Trend Wave is not lagging Indications are given at the beginning of a new candle Trend Wave indicates The Indicator's window shows you the actual count of S and R to get the overall trend The white line shows the instant trend. On the main chart window, colored arrows are displayed to show the last valid S and R. This a

299 USD

Trend Compound is a trend indicator using a mix of 3 internal other indicators. Please have a look at "how to test in the tester" at the bottom of this page before to test. It's designed to be used by anyone, even the complete newbie in trading can use it. Trend Compound does not repaint . Indications are given from close to close. Trend Compound can be used alone , no other indicators are required. Trend Compound indicates Where to open your trades. When to close them. The potential quantity

250 USD

Breakout Pro Scalper Solution This indicator is part of the RPTrade Pro Solutions systems. Breakout Pro Scalper Solution is a daily trend indicator using Price Action, Dynamic Support and Resistances. It's designed to be used by anyone, even the absolute beginner in trading can use it. NEVER repaints . Indications are given from close to close . Designed to be used alone , no other indicators are required. Gives you the trend and potential Take Profit at the beginning of the day.

499 USD

WAXTER D1 This robot is part of the RPTrade Pro Solutions systems. WAXTER is a robot using trend indicators, oscillator and price action. It's designed to be used by anyone, even the absolute beginner in trading can use it. Mainly Designed for D1, can also eventually be used in H4 Uses Takes Profit, Stop Loss and Trailing stop. Can also work as a switch without SL/TP Features a Martingale and Anti Martingale system for the players. Works with any pairs Lot of .Set files available.

1 300 USD

BPS Panel Breakout Pro Scalper Solution Panel This indicator is part of the RPTrade Pro Solutions systems. BPS Panel is a daily trend indicator using Price Action, Dynamic Support and Resistances. It's designed to be used by anyone, even the absolute beginner in trading can use it. NEVER repaints . Indications are given from close to close . Designed to be used alone , no other indicators are required. Gives you the trend and potential Take Profit at the beginning of the day. How

1 300 USD

Daily Trend Scalper (DTS) This indicator is part of the RPTrade Pro Solutions systems. DTS is a daily trend indicator using Price Action, Dynamic Support and Resistances. It's designed to be used by anyone, even the absolute beginner in trading can use it. NEVER repaints . Indications are given from close to close . Designed to be used alone , no other indicators are required. Gives you the trend and potential Take Profit at the beginning of the day. How does it work DTS is us

2 500 USD

Market Shaver Market Scalper This indicator is part of the RPTrade Pro Solutions systems. Market Scalper is a daily trend indicator using Price Action, Dynamic Support and Resistances. It's designed to be used by anyone, even the absolute beginner in trading can use it. NEVER repaints . Indications are given from close to close . Designed to be used alone , no other indicators are required. Gives you Clear and simple indications How does it work Market Shaver is using Dual Ti

240 USD

The Daily Trader This indicator is part of the RPTrade Pro Solutions systems. The daily Trader is a daily indicator using only statistics. It's designed to be used by anyone, even the absolute beginner in trading can use it. NEVER repaints . Indications are given from close to close . Designed to be used alone , no other indicators are required. Gives you Clear and simple indications How does it work The statistical system analyses the history to find redundancy in symbols behav

360 USD

GannRS Trend Scalper GannRS is an advanced trading tool based on Gann Law and Supports and Resistances. designed to have an active trading at any time not lagging Indications are given at the beginning of a new candle Please watch the full tutorial video. How to use GannRS Very easy to set up... Put it on your chart Adjust inputs Inputs Show Resistance and support : [bool] true = Shows R/S on chart false = does not show Show Levels :[bool] true = Shows levels on the chart false = doe

299 USD

This indicator is part of the RPTrade Pro Line systems. Trendy scalper a short trend indicator using Price Action. It's designed to be used by anyone, even the absolute beginner in trading can use it. NEVER repaints . Indications are given from close to close . Designed to be used alone , no other indicators are required. A specific graph shows you the profit and eventual drawdown according to history data. How does it work Scalper Pro Line is using an internal trend indicator co

199 USD

Universal Trader (UT) This EA is part of the RPTrade Pro Solutions systems. UT is a trading robot using a trend and oscillator indicators. It's designed to be used by anyone, even the absolute beginner in trading can use it. Designed for every TimeFrames Uses Takes Profit, Stop Loss and Trailing stop. Can also work as a switch without SL/TP Works with any pairs How does it work UT is a trend follower. It's using A build in Supertrend Indicator to find trades entries and Parabolic SAR to

299 USD

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