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Bawaba Grid Scalping

5

Introduction and Description

Bawaba, from the Arabic word for "Grid", is a grid-based scalping robot for FOREX currency pairs. It has adjustable stoploss and takeprofits, as well as the possibility of having a fixed volume or adapting to the account balance. Grid scalping is when a grid of orders is created by increasing and decreasing prices incrementally above and below a set price.

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

  • No Martingale.
  • Grid scalping and trading.
  • Stoploss and Takeprofit.
  • Trailing stoploss available.
  • Multicurrency trading compatible.
  • Dynamic and Fixed lots.

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

  • Maximum Spread of 10 on the traded pairs. (The more the spread, the lesser the profits). Spread can be variable.
  • The broker has to allow grid trading, which most of brokers do not allow.
  • Minimum balance of 2000 USD.

EURUSD M5 shows the best backtest results.

The EA only trades on the timeframe H1, which is forced even if the chart is not in H1.

Each EA settings can be explained via DM, buyer might also receive PDF explaining settings if needed.


Results

The EA has been tested on 100% accuracy previous data (provided by DUKASCOPY and country's central bank). You may find all results on the screenshots.

Additional information and Contact

An expert advisor configuration file can also be created on demand after buying the product. Default inputs are suggested. Please ask via DM for explanation PDF.

Any contact can be made using MQL Market DMs. Commercial partnerships as well.

Account management services are also available.

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


Reviews 1
988059
55
988059 2022.11.29 23:24 
 

Very consistent EA with reliable returns.

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Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
Hermes EA
Aleksandr Chebotaev
5 (1)
Hello, my name is Alexander. I would like to introduce you to my new development, Hermes EA. The advisor is synthesis of two strategies: breakthrough strategy and level strategy. The EA doesn't use any indicators. The EA works well on EURUSD  pair. The advisor has shown stable performance for more than 20 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to install as possible
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Bearish Engulfing
Zaky Hamdoun
5 (1)
Introduction and Description The indicator displays an arrow whenever a " Bearish Engulfing " is detected. The latter usually indicates the beginning of a downward trend. A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up candlestick followed by a large down candlestick that eclipses or "engulfs" the smaller up candle. The pattern can be important because it shows sellers have overtaken the buyers and are pushing the price m
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Introduction and Description Colored candlesticks showing the trend based on two moving averages and the slope of the slow moving average. A trend is the overall direction of a market or an asset's price. In technical analysis, trends are identified by trendlines or price action that highlight when the price is making higher swing highs and higher swing lows for an uptrend, or lower swing lows and lower swing highs for a downtrend. Many traders opt to trade in the same direction as a trend, whi
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Introduction and Description The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. Since its introduction, the indicator has grown in popularity and is now a very common tool for traders in identifying cyclical trends not only in commodities but also equities and currencies. The CCI can be adjusted to the timeframe of the market traded on by changing the averaging period.  CCI indicator with different colors at levels 0, 100 and -100. The cross is a
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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 Trad
Introduction and Description Pythor is an Expert Advisor designed to operate in the Forex market, specifically as a scalping robot.  Forex scalping is a day trading   style used by  F OREX   traders that involves buying or selling currency pairs with only a brief holding time in an attempt to make a series of quick profits. While scalping attempts to capture small gains, such as 5 to 20  pips  per trade, the profit on these trades can be magnified by increasing the position size. The Pythor EA u
Introduction and Description Arcturus is a trading EA dedicated to FOREX investment. Based on the Intensive Martingale principle, the robot trades in an opposite way to the trend, in order to try to make profit on trend reversals. Unlike the vast majority of Martingales, which do not have emergency closing systems, Arcturus has a whole protection system. This system helps in particular for the validation of prop firm challenges. Arcturus is not sensitive to spread, nor to slippage. It can be use
Introduction and Description Ronin is a FOREX trading robot based on the mathematical principles of financial arbitrage between different assets. Ronin's main aim is to execute a large number of trades   while staying at breakeven / profit   in order to earn the maximum amount of commission rebates, i.e. the commissions offered by a broker to its partners. Forex IBs (Introducing Brokers) receive a   fixed or variable commission (aka rebate) for every trade made by their referred clients . Forex
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988059 2022.11.29 23:24 
 

Very consistent EA with reliable returns.

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Version 1.20 2023.02.24
UPDATE 1.2:

-|- BUG FIXES.
Version 1.1 2022.12.15
UPDATE 1.1:

-|- BUG FIXES:

-> Repaired fixed lots setting which was not working.

-|- RISK MANAGEMENT AND PROP FIRMS:

-> Added daily loss and overall loss limits for risk management help.