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Miqas High Frequency Scalper

Introduction and Description

Based on the Arabic word "Miqas", translating to "Scissors", this EA represents a scalping robot trader. Indeed, it focuses mainly on the use of mathematical principles of high frequency trading (HFT). This means sending a large number of orders to meet profit targets. Of course, traditional rules of risk management are applied in a very strict manner.

Below is a list of the different characteristics of the expert advisor:

  • No Martingale, grid or hedging.
  • Trend Trading.
  • High Frequency Scalping.
  • ECN and non ECN compatibility. (To be specified in settings).
  • Automatic Spread Check.
  • Stoploss and Takeprofit.
  • Multicurrency trading compatible.

The traded account should be in accordance with the following requirements:

  • Maximum Spread of 20 on the traded pairs. (The more the spread, the lesser the profits). Spread can be variable, Miqas will automatically stop opening trades if the spread goes above 20. It will then start again when conditions are met.
  • The broker has to allow high frequency sending of orders, (please contact via DM for suggestions).
  • Minimum balance of 1000 USD.

While the EA can trade on most currency pairs, we HIGHLY suggest using EURUSD, M5.

Each EA settings can be explained via DM. 

/!\ To change lot size, change the "lots_div" setting.

Example: If the account balance is 10,000 USD wanted starting lot size is 20, then lots_div should be equal to 50, as (AccountBalance / lots_div) / 10 = 20. (10,000 / 50) / 10 = 20. 


Results

The EA has been tested on previous data (provided by DUKASCOPY and country's central bank) and is currently being used by many account management companies Backtesting results are on the first and second screenshot. Live testing results are available upon request.


Additional information and Contact

An installation file will be provided with an explanation for each EA settings. An expert advisor configuration file can also be created on demand after buying the product. Please contact via DM or on the support canal. Please ask via DM for explanation PDF. Sometimes, the EA might send the message "Order Modify Error" to the journal. This is totally fine and Miqas is handling it automatically. (The issue is caused by the broker who does not accept extremely fast modification of orders).

Any contact can be made using MQL Market DMs. Commercial partnerships as well. Miqas also has its own help and support channel! Find it here: https://www.mql5.com/en/channels/Miqas_SpectreCapital

Account management services are also available.

Miqas is only sold on the MQL5 market. Any reproduction or claim to be selling it elsewhere is fake and illegal.

Finding a broker that accepts such trading is very complicated, thus explaining the low price of this EA.


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If you're tired of trying to keep up with the unpredictable market, then it's time to let the Gipo Trex bot work its magic. This bot is designed to catch big price swings up or down, allowing you to perform at your best when the market moves in your favor. Gipo Trex is a unique tool that helps traders make the most of a volatile market. With two different bot modes, you can find the perfect setup for your individual needs and trading style. Whether you are a beginner or an experienced trader,
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Hello traders,   I have designed this tool with   real results rigorously   , RA AI   intended and specially designed to scalp with a Trend algorithm structured in   AI   in the EURO DOLLAR currency, here we can see the result in its 1-year backtest from 1k to 12k, we can also see the real account signal with real money winning with similar results, RA AI is incredible! I will tell you a bit about the design, based on ranges of nodes to scalp in a trend in a stable currency such as   EURUSD , in
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Hello traders, I have designed ODIN AI with real results rigorously, impeccable for his wisdom and intelligence  , tool based on several of my previous   Strategies , adapting it to the   Forex Market , therefore it is adapted to the   artificial intelligence   of   machine learning , that is, the   AI   will read parameters and then consult them to my strategy, then it will learn so that the entries are of better quality, it also has a node where you can recover positions, another of the innova
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Johnny Ferreira da Cruz Mendes
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Johnny Ferreira da Cruz Mendes 2022.08.02 19:44 
 

User didn't leave any comment to the rating

Zaky Hamdoun
2924
Reply from developer Zaky Hamdoun 2022.08.02 22:10
Hi! The robot is based on news and the speed of your broker. Summer months have VERY LITTLE volume and movement, but the EA should be opening more trades starting from September. Moreover, as it is high frequency, small details like distance to your broker’s servers and other matter a lot. It is also very dependent on the timing, some days there are more news than others. Unfortunately, that we cannot change. Please note the support channel is also opened for any help! EDIT: Mr. Johnny's issue has been answered in comments.
Reply to review
Version 3.0 2022.08.03
Added debug mode, this will let users turn on or off error messages that are not fatal to the EA's functionning.
Text messages fixes.
Bug fixes.
Version 2.0 2022.07.27
Bug fixes