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Pythor Scalping EA MT5

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 FOREX 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 uses a variety of technical indicators to identify short-term market trends and execute trades based on those trends.

Pythor is based on the placing of pending orders, and therefore is sensitive to spread, as well as slippage. It is important to have a broker providing low values for both of these parameters. Furthermore, the EA is multi-currency compatible, meaning it is possible to trade with it in multiple symbols simultaneously. While it has been tested mostly on FOREX pairs, backtest results suggest it is possible to run it on Stocks, as well as Commodities.

Below is a list of the different characteristics of the expert advisor:
  • No Martingale.
  • No Grid.
  • Stoploss (trailing and fixed) and Takeprofit.
  • Multicurrency trading compatible: select a different magic number for each symbol.
  • Dynamic and fixed lots.
  • Debug mode.

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

  • Average maximum spread of 15 for each symbol. (The more the spread, the lesser the profits). Spread can be variable.
  • Low slippage and fast execution speed.

While the EA opens most of its trades based on calculation in the H1 timeframe, it is recommended to attach it to the M5 chart for better visualisation. Please note the default inputs were optimized for EURUSD. Optimization services are available, please contact via DM.

An explanation PDF is available if needed.


Results

Pythor has been tested on 100% accuracy data (provided by DUKASCOPY, central banks, and broker themselves). Results may be found on the screenshots. Backtests show low drawdown. Backtests are no guarantee of future performances.


Additional information and Contact

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

Account management services are also available.


Pythor is currently only sold by the original author of this post and Spectre Capital. Any reproduction or claim to be selling it elsewhere is fake and illegal.



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Launch promo! Only a few copies left at 399$! Next price: 499$ Final price: 999$ MT4:  https://www.mql5.com/en/market/product/113580?source=Site+Market+Product+Page More analytics:  https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper EA is a next-generation scalping robot developed by a
DaVinci Code EA
Shintaseftiana
3.4 (5)
The price of this EA will be increased steadily, to limit the number of users trading with this system. The Current price is 2 copies left of 5 provided , next price 999 usd,    so come on hurry up Introducing DaVinci Code EA - the ultimate Expert Advisor that's out of this world! This cutting-edge EA operates on a super advanced system with Market Structure and OrderBlock, all set to skyrocket your trading success. Live Signal     |     Channel    |    Setfile Although DaVinci Code EA can ru
Dark Algo MT5
Marco Solito
4.9 (40)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
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
FREE
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
FREE
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
FREE
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
Bawaba Grid Scalping
Zaky Hamdoun
5 (1)
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 tradin
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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yuk kim
190
yuk kim 2024.01.16 17:59 
 

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Andiray
436
Andiray 2023.12.21 08:54 
 

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hatorres
51
hatorres 2023.11.30 14:45 
 

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Sadegh Bachak
221
Sadegh Bachak 2023.11.16 14:31 
 

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Mickey19881
63
Mickey19881 2023.08.26 09:05 
 

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Zaky Hamdoun
2922
Reply from developer Zaky Hamdoun 2023.08.26 15:53
Hello Mickey! Please contact me via PM for setfiles and specify which symbol and broker. I will provide you with a setfile but you can use PM or comments if you need them instead of reviews 🙂
Chun Chan Tu
295
Chun Chan Tu 2023.08.13 20:03 
 

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Zaky Hamdoun
2922
Reply from developer Zaky Hamdoun 2023.08.13 20:58
Hello! Make sure to have low spread, and MOST IMPORTANTLY, no commissions! No swap is also better. Will send you a setfile as well, please remind me by PM, will be sent before tomorrow night.
charliehorse76
16
charliehorse76 2023.08.13 07:42 
 

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Zaky Hamdoun
2922
Reply from developer Zaky Hamdoun 2023.08.13 13:02
Hello, Thank you for your review, Pythor has been updated to not have any minimum balance anymore.
andresogorman
92
andresogorman 2023.08.02 05:40 
 

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Zaky Hamdoun
2922
Reply from developer Zaky Hamdoun 2023.08.02 05:58
Hello Andres! Thank you for the review. Pythor works regardless of the timeframe, you can use it on any timeframe of chart. Here are few tips to have the best results: - The EA works VERY WELL during NEWS events and fast movements. Use it for instance during Nonfarm Payrolls or Interest Rates. - Have as little commission as possible, and the smallest spread as well. If you need a broker to help you with that, send me a message and I can advise you.
Ali C
23
Ali C 2023.07.27 03:47 
 

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Zaky Hamdoun
2922
Reply from developer Zaky Hamdoun 2023.07.27 03:49
Hey there! Thanks a lot for your review!
ArthurMcCain
34
ArthurMcCain 2023.07.25 10:54 
 

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Zaky Hamdoun
2922
Reply from developer Zaky Hamdoun 2023.07.25 10:57
Hi, happy you are happy.
GregWeston
24
GregWeston 2023.03.10 08:39 
 

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Zaky Hamdoun
2922
Reply from developer Zaky Hamdoun 2023.07.23 00:20
Hi, thank you for your review.
Reply to review
Version 3.0 2024.01.11
Fixed minimum balance issue.
Fixed lot size being stuck at 1.01.
Version 2.0 2023.08.13
Update 2.0:

- Removed minimum required balance.