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ZigZag Expert

ZigZag Expert is a robot that trades on the signals of the ZigZag indicator. The decision to enter the market is made by the signal of the trend system of the continuation model. See pictures and videos for more details.

Program input parameters:
  1. Choose tf - you need to specify the period for which the market will be monitored (recommended H4 and older);
  2. Depth of ZigZag - the first parameter of the ZigZag indicator (recommended from 4 to 8);
  3. Deviation of ZigZag - the second parameter of the ZigZag indicator (recommended from 5 to 9);
  4. Back Step of ZigZag - the third parameter of the ZigZag indicator (recommended from 3 to 7);
  5. Amount of risk per position - you need to specify the amount of risk per position (recommended 0,1-2% of the deposit amount);
  6. Permission to install Take-profit - permission to install Take-profit. True - allowed, false - forbidden (recommended to set true);
  7. TP to SL ratio - ratio parameter of Take-profit to Stop-loss (you need to set individually according to the test results. Recommended 1 to 4);
  8. Permission to move a position to breakeven - permission to move a position to breakeven. True - allowed, false - forbidden (true - conservative, false - more aggressive);
  9. Percentage for bringing a position to breakeven from the SLsize - percentage of the Stop-loss size in points to move the position to breakeven (recommended from 100 and above);
  10. Permission for reverse output - permission to exit on a reverse signal. True - allowed, false - forbidden (true - conservative, false - aggressive. It is recommended to set true);
  11. Allow monitoring of the Asian session - permission to monitor the Asian session. True - allowed, false - forbidden (recommended to set true);
  12. asia_hour_start - Asian session start in hours (depending on your server settings. Default: Eastern European (EET);
  13. asia_hour_finish - Asian session finish in hours (depending on your server settings. Default: Eastern European (EET);
  14. Allow to monitor the European session - permission to monitor the European session. True - allowed, false - forbidden (recommended to set true);
  15. europe_hour_start - European session start in hours (depending on your server settings. Default: Eastern European (EET);
  16. europe_hour_finish - finish European session in hours (depending on your server settings. Default: Eastern European (EET);
  17. Allow monitoring the US session - permission to monitor the US session. True - allowed, false - forbidden (recommended to set true);
  18. usa_hour_start - US session start in hours (depending on your server settings. Default: Eastern European (EET);
  19. usa_hour_finish - American session finish in hours (depending on your server settings. Default: Eastern European (EET);
Please note that the robot was designed to work on currency pairs.
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Kick2pips (can not run with high slippage broker) - Special EA only Stop loss 5pips for gold (original version only 2 pips but brokers do not accept this) - use trailing stop - Virtual SL-trailing - best trading for American session - Default H1 (usually 1 transaction per day) - you can also run on M5-M15-M30 if you want more transactions Using set file - MQL5 does not allow downloading the original version
GerFX Density Scalper MT5
Exler Consulting GmbH
5 (6)
Before you buy a night scalper please be aware of the risks involved: Past performance is no guarantee of future profitability (the EA could also make losses).  The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. Any mean reversion can get caught on the wrong side of a fast movements due to unexpected news or flash crashes. This strategy will always use a stop loss, but still execution of the SL d
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Version 1.1 2022.12.25
Improved work with trading sessions. Now, if the trading session parameter = false, then the session is not monitored by the robot.