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Irisha Scalper Advisor

The "Irisha" is an Expert Advisor, in which we attempted to implement the ability of trading on smaller timeframes (1-15 minutes). The main idea lies in opening frequent trades and in the ability to "cover" losing trades with profitable ones. However, we had to resort to the Martingale strategy to implement the idea. Due to this, it is recommended to have a large deposit and/or cent account for using this EA.

Operation of the EA on a live account can be evaluated here: https://www.mql5.com/en/signals/229380


Trading Strategy

  • The Moving Average (МА) indicator serves as the signal for opening positions. If the opening price of the candle is below the MA and the closing price is above the MA, this is considered to be a buy signal.
  • The Relative Strength Index (RSI) indicator is used as the signal filter. If the value of the RSI indicator is lower than 30, and a buy signal was received from the MA indicator, a buy order is opened.
  • Change in the direction of market movement. In case the market changes direction after an order is opened, a new buy order will be opened but with an increased lot size.
  • Optimal profit level. In case more than one order is opened, the EA calculates the price level, after reaching which the profitable orders cover the unprofitable ones with the minimum profit percentage.
A Pro or ECN (Market/Instant Execution) account with a spread size of 0 to 2 points (but not greater than 2.5) is recommended for the correct operation of the EA on 5 digit quotes.


Input Parameters

The following list describes the input parameters of the EA that can be modified and optimized:

  • MAGIC (MAGIC number) - identifier of the EA's orders;
  • Trade (Trade) - if this parameter is set to false, the EA will not open new orders once all orders are closed by TP or SL;
  • (ON Filter RSI) - if set to false, the RSI indicator values are not taken into account;
  • Add_Order_Signal (Add new order signal) - if set to true, the new order will be opened by signal when the distance between the price and the initial order level is greater than the value of Step;
  • Lots (Initial Lot Size) - lot size of the initial order;
  • LotExponent (Multiplication, odds lot) - multiplier for the volumes of subsequent orders;
  • TakeProfit (Profit level (in points)) - take profit level;
  • StopLoss (Loss level (in points)) - stop loss level;
  • Step (Distance between orders (in points)) - the minimum distance between orders;
  • MaxOrders (Maximum number of open orders) - the maximum number of opened orders.

You can also adjust the parameters of the Moving Average and Relative Strength Index (such as period, price type, shift, MA method) according to your needs.

The settings of the Moving Average indicator contain the MA_MODE (Definition mode) parameter. It sets the type of the MA indicator usage and has the following options:

  • Intersection - signal is generated when a candle crosses the indicator line;
  • Price - signal is generated when the price is located above or below the indicator line;
  • Directing - signal is generated by the direction of the indicator line;

Settings of the Relative Strength Index include the parameters for overbought (Level overbought) and oversold (Level oversold) levels, and also the RSI_MODE (Definition mode) parameter, it defines the usage type of the RSI indicator for calculation, which has the following options:

  • NONE - oversold area above 50, overbought area below 50;
  • Levels - oversold area above the 'Level overbought' parameter, overbought area below the 'Level oversold' parameter;
  • NeutralZone - trades will be opened only when the RSI value is between the values of 'Level overbought' and 'Level oversold' parameters;
  • Trend - determines the direction of the RSI indicator (Example: if the opening RSI (оRSI) is below the closing RSI (cRSI), the trend is ascending. If the opening RSI (оRSI) is above the closing RSI (cRSI), the trend is descending);
  • TrendLevels - uptrend based on the RSI indicator is above the 'Level overbought' parameter, the downtrend based on the RSI indicator is below the 'Level oversold' parameter;
  • TrendNeutralZone - uptrend or downtrend based on the RSI indicator is between the values of 'Level overbought' and 'Level oversold' parameters.
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Vasiliy Strukov
4.74 (985)
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Thi Thu Ha Hoang
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Sugianto
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Bitcoin Wizard is designed for trading Bitcoin by placing pending orders based on high low at certain periods by taking advantage of strong momentum.   Why Bitcoin Wizard : Bitcoin Wizard is a fully automatic trade system, trade 24/7. Does not use any risky strategies such as hedging, martingale, grid or multiple orders. Every trade is protected by a stoploss of 100 pips. Real Signal | Real Signal 2 | Setfile :  Download here  | MT5 version | Backtest Report   |   Broker Spread Comparison SET U
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Marzena Maria Szmit
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The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
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The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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Lo Thi Mai Loan
5 (4)
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Alexander Kozachuk
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Estadísticas de una cuenta real desde 2020 Backtest de los últimos 13 años Estrategia de baja reducción Algoritmo multidivisa Compatible con cualquier corredor Sistema de control de reducción probado Operando en una cuenta real desde 2020 : Haga clic aquí Operando en USDCAD, EURGBP, GBPUSD, EURUSD: Haga clic aquí Negociación en EURGBP: Haga clic aquí Operando en GBPUSD: Haga clic aquí Pruebas retrospectivas completas de FXMachine EA disponibles para descargar aquí: Haga clic a
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Lo Thi Mai Loan
5 (4)
Asesores Expertos
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Profalgo Limited
5 (2)
Asesores Expertos
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lizhi fu
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Asesores Expertos
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Sof'ia Vlasova
5 (1)
Asesores Expertos
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Ugochukwu Mobi
Asesores Expertos
AI Nodiurnal EA es un avanzado robot de Forex que aprovecha la tecnología de vanguardia de aprendizaje automático para optimizar estrategias de negociación y mejorar el rendimiento en el dinámico mercado de divisas. El término "Nodiurnal" refleja su capacidad para adaptarse y operar no solo durante las típicas horas diurnas de negociación, sino también durante períodos no estándar, proporcionando un enfoque continuo y adaptativo para el comercio de divisas. Configuración predeterminada en el par
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Denis Kurnev
Asesores Expertos
AI Gen XII EA This is an Expert Advisor with the latest use of Artificial Intelligence and Neural Networks. The EA runs on the top-of-the-line GPT-4o platform and also uses Advanced Discrete Fourier Imaging in ATFNet aligns the frequency spectrum of the input series, allowing for a more complete analysis of time series data. The EA also boasts trading on different strategies simultaneously and matching backtest trades and real trading, which is very important in its time.  Details about Advisor
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Fanur Galamov
5 (15)
Asesores Expertos
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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Evgenii Aksenov
5 (2)
Asesores Expertos
Un robot scalping de nueva generación desarrollado con la aplicación de inteligencia artificial. Adecuado para el comercio de scalping en uno de los índices   US Wall Street 30  indices    más populares (US30) La estrategia ha pasado varios meses de pruebas en una cuenta real y demo y actualmente se aplica en varias cuentas de inversión con diferentes proporciones de beneficio/riesgo. No se utilizan métodos y estrategias riesgosas: malla, martingala o relleno. Cada operación tiene Stop Loss
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Dmitriy Kudryashov
Asesores Expertos
The "Karina" Expert Advisor trades based on the signals of the Several Moving Average indicator and "averaging" of the open orders. The signals are filtered based on the Relative Strength Index indicator. The TakeProfit(TP) level is set when opening the first deal. If the market reverses, new orders will be opened in the direction of the first order, followed by "covering" of losing orders with profitable ones. It is recommended to have a large deposit and/or cent account in order to use this EA
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Dmitriy Kudryashov
5 (1)
Asesores Expertos
The Expert Advisor follows Puria trading method. RSI is used for sorting out signals. Also, the EA implements the averaging function. Trading strategy Three Moving Average (МА) indicators combined with Moving Averages Convergence/Divergence (MACD) provide market entry signals . Sell as soon as First MA crosses Second MA and Third MA below and confirmation from MACD arrives (one bar has closed below the zero level). The Relative Strength Index (RSI) indicator is used as the signal filter . If R
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Versión 200.816 2020.08.16
* The information window is hidden.
* Updated lot calculation function:
- Separated parameters for calculating the starting volume and the method for calculating the volume for subsequent positions.
- Added the ability to calculate volume using the Fibonacci method.
* Updated function for calculating indentation:
- Added the ability to calculate the indent using the Fibonacci method.
- Added the ability to calculate the indent using the Martingale method.
Versión 200.220 2020.02.20
* Optimized advisor parameters.
* The function of closing all orders has been rewritten.
Versión 191.231 2019.12.31
* Changed the way the adviser is written (transferred to the project format).
* Added 6 money management options:
- 1. Fixed lot;
- 2. Calculation of the lot from the percentage of funds on the account balance;
- 3. The Martingale principle;
- 4. Maximum risk (analogue from the standard MetaTrader advisers);
- 5. Decreasing factor (the first order with a lot equal to Lots; the subsequent ones are reduced by the DandIFactor coefficient);
- 6. Raising factor (first order with a lot equal to Lots; subsequent ones increase by the DandIFactor coefficient).
* Changed the information window:
- Added ON / OFF button for trading on the main chart;
- Added button to close all advisor orders on the current symbol.
Versión 191.205 2019.12.05
* Скрыт параметр идентификатор советника (MAGIC имеет фиксированное значение - 19790726);
* Добавлены параметры торговли по времени (TimeStart - начало торгов, TimeStop - конец торгов);
* Убран параметр "Перевертыш" (Changeling).
* Оптимизация параметров;
* Оптимизация алгоритма советника.
Versión 190.211 2019.02.11
*Оптимизированы функции сигнального индикатора.
*Добавлено описание некоторых ошибок.
Versión 180.814 2018.08.16
*Оптимизация алгоритма советника для создания единого шаблона;
Versión 180.223 2018.03.01
*Optimized the algorithm.
Versión 171.24 2017.11.09
* Added the Add_Order_Signal parameter, which sets the type of conditions for opening additional orders:
- If Add_Order_Signal = true, the new order will be opened by signal when the distance between the price and the initial order level is greater than the value of Step;
- If Add_Order_Signal = false, the new order will be opened immediately when the distance between the price and the initial order level is greater than the value of Step;
* Optimized the averaging function.
Versión 170.814 2017.08.18
* Added the MA_MODE parameter responsible for the signal type:
- Intersection of the MA indicator line;
- Location of the price above\below the MA indicator line;
- Direction of the MA indicator line;
* Added parameters for the signal indicator and for the reversal filter.
Versión 170.430 2017.05.05
*Optimized the "Averaging" function algorithm of opened orders.
Versión 170.223 2017.04.04
*Added parameter to enable/disable the signal filter;
*Performed the code optimization;
*Made certain aesthetic changes.
Versión 170.122 2017.01.31
*Added new function for checking the limitation on the number of orders.
Versión 170.101 2017.01.11
*Fixed errors in the description of the parameters;
*Performed the code optimization;
*Made adjustments to certain functions.
Versión 161.123 2016.12.05
*Added a small information box;
*Added new parameters:
-Setting the individual number for orders opened by the EA (MAGIC);
-Allowing the EA to open the first order.
Versión 161.23 2016.11.04
*Fixed the error with the StopLoss parameter missing from the settings.
Added the parameters for overbought (Level overbought) and oversold (Level oversold) levels to the settings of the RSI indicator., as well as the RSI_MODE (Definition mode) to set the options for determining those levels.
Values of the RSI_MODE (Definition mode):
-NONE - Oversold area above 50, overbought area below 50;
-Levels - Oversold area above the 'Level overbought' parameter, overbought area below the 'Level oversold' parameter;
-NeutralZone - Trades will be opened only when the RSI value is between the 'Level overbought' and 'Level oversold' parameters;
-Trend - Determines the direction of the RSI indicator (Example: if the opening RSI (оRSI) is below the closing RSI (cRSI), the trend is ascending. If the opening RSI (оRSI) is above the closing RSI (cRSI), the trend is descending);
-TrendLevels - Uptrend based on the RSI indicator is above the 'Level overbought' parameter, the downtrend based on the RSI indicator is below the 'Level oversold' parameter;
-TrendNeutralZone - The uptrend or downtrend based on the RSI indicator is between the values of 'Level overbought' and 'Level oversold' parameters.