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CAP Asian Scalper EA MT5

1

MeetAlgo Asian Scalper is an Expert Advisor that uses range breakouts strategy to enter trades when the market is the most quiet. It will scalp the market for small price deviations. This EA will need a good broker with small spread to work successfully. It is fully optimized for AUDCAD, EURAUD, GBPAUD, GBPCAD, GBPCHF and GBPUSD. The trades are based on several indicators and it's not a tick scalper EA. It need 1:300 leverage minimum, and a low spread broker. It is recommended to use a low spread broker and a VPS. You can start using it with $100 only.


Key Advantages

  • No Martingale.
  • Always uses Stop Loss to protect capital.
  • User friendly.
  • Optimizable for all currency pairs (low spread is advised).
  • No hedging.
  • Works on all brokers.


Trading Requirements

  • A good broker.
  • A good Internet connection.
  • A lot of stamina.
  • 1:300 leverage minimum.


Backtesting

The Expert Advisor uses tick data. Please backtest EURUSD M15 in "every tick" mode and play to find the best parameters.

MeetAlgo Asian Scalper is developed for M15 charts, but it can be optimized for any currency pair or timeframe. Try the demo now!


Input Parameters

EA CONFIGURATIONS

  • ActiveStrategy: Select your strategy.
  • DailyMaxTrade: Maximum trade in daily. 0-mean disable.
  • MaximumSpreads: Maximum spreads for an open trade. If the current spread is higher than what you receive in a setting, then the robot will not trade. Please note that the spread is in pips.
  • Slippage: Allowed slippage when opening a deal (in pips).
  • ManualGMTOffset - if AutoGMT off or in backtest, EA fellow ManualGMTOffset for time zone.
  • MondayTrade - FridayTrade - Enable trading day of week by true/false.

KEEP IN MIND: This EA build for Asian market only, so this is very important to put correct broker time zone into 'ManualGMTOffset'.

STRATEGY_1 SETTING

  • MagicNumber: Magic number for strategy_1.
  • Strategy1_TP: Max initial Takeprofit.
  • Strategy1_SL: Max initial Stoploss.
  • Strategy1CloseTradeByTime: EA close trade by Time.
  • Strategy1StartTime: Trade start time for Strategy_1.
  • Strategy1EndTime: Trade end time for Strategy_1.
  • Max Hour to Trade From StartTime - Max hour to trade from StartTime.

STRATEGY_2 SETTING

  • MagicNumber: Magic number for strategy_2.
  • Strategy1_TP: Max initial Takeprofit.
  • Strategy1_SL: Max initial Stoploss.
  • Strategy1CloseTradeByTime: EA close trade by Time.
  • Strategy1StartTime: Trade start time for Strategy_2.
  • Strategy1EndTime: Trade end time for Strategy_2.
  • Max Hour to Trade From StartTime - Max hour to trade from StartTime.

LOTS MANAGEMENT

  • LotsType - Select any of lots management type.
  • RiskPercent - Lot is chosen automatically based on percentage of the loss.
  • FixedLots - Fixed Lots.
  • XBalance - Lot will increase based on XBalance amount. Calculated as (Your Current Balance/XBalance * LotsizePerXBalance = Your current lots size).
  • LotsizePerXBalance - Lot size of XBalance.

CLOSE TRADE BY TIME

  • CloseTime1 - CloseTime6: Value in Minutes. After select time expire from open trade time, EA fellow TakeProfit as 'CloseTime1_TP'
  • CloseTime1_TP - CloseTime6_TP: Takeprofit in Pips.

Example: Your CloseTime1=60 and CloseTime1_TP=3 (pips). So if your open trade to close by your initial takeprofit after 60 minutes EA with fellow new takeprofit level as CloseTime1_TP=3. EA has 6 different time and takeprofit level.

NEWS FILTER

  • News Filter: To enable News Stop Trading (not work on tester!).
  • Current Currencies to display the news: if True, EA only filter current chart symbol.
  • Select Currency to display the news: if Current Currencies= false.
  • LowNews, MidleNews, HighNews: Filter news importance level.
  • ShowNewsLine - Show news time on chart.


Official Channel

To get product news, setting file, free indicator, please subscribe on our Official Channel.


Author

Mohammad Ali, technical analyst and speculator, software engineer and founder of MeetAlgo LLC

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Please do not   pm   me if you are asking for:  Discount ( Price will go back to original price 3800 in the future ) Backtesting result ( We don't trust mislead informations ) (LOJ IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to ve
Big Forex Players MT5
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We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
Versión MT4: https://www.mql5.com/en/market/product/104871 Monitoreo de rendimiento del desafío HFT MT5 (no para cuentas reales): Corredor: Fusion Market Inicio de sesión: 89600 Contraseña: Greenman89$ Servidor: FusionMarkets-demo Más de 700 reseñas auténticas de 5 estrellas para la versión MT4 lanzada anteriormente: https://www.mql5.com/en/market/product/104871?source=Unknown#!tab=reviews Canal público: https://www.mql5.com/en/channels/hftpropfirmea Versión MT4: https://www.mql5.com/en/market/p
Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
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4.67 (3)
Only  3 copies left at current   price!,   Next Price 799 USD.   So   Come on Hurry up!    Parrots   Breaker   MT5  EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots   Breaker   MT5  EA works based on the concept of trend following  combined  with   Break of Internal Structure and   trading levels. Live Signal 1 Parrots   Breaker   MT5  EA is an Expert Advisor that is safe and focuses on long-term use. Backtest   Result is Fantastic. This EA does not us
Bitcoin Robot MT5
Marzena Maria Szmit
4.43 (40)
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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
Promoción de lanzamiento: Número limitado de copias disponibles al precio actual Precio final: 990$ Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files ¡Bienvenido a DayTrade Pro Algo!   Después de años de estudiar los mercados y programar distintas estrategias, he encontrado un algoritmo que tiene todo lo que necesita un buen sistema de trading: Es corredor independiente Se propaga independiente Muestra p
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Thi Thu Ha Hoang
4.71 (28)
¿Alguna vez te has preguntado por qué la mayoría de los asesores expertos no son efectivos en el trading en vivo, a pesar de su perfecto rendimiento en las pruebas retrospectivas? La respuesta más probable es el sobreajuste. Muchos EAs se crean para 'aprender' y adaptarse perfectamente a los datos históricos disponibles, pero fallan en predecir el futuro debido a la falta de generalización en el modelo construido. Algunos desarrolladores simplemente desconocen la existencia del sobreajuste, o l
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Moein Bagheri
546
Moein Bagheri 2021.03.17 23:45 
 

Garbage

Nikolay Moskalev
2283
Nikolay Moskalev 2018.06.13 07:59 
 

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Versión 8.2 2024.04.02
UPDATED: Minor Update, Internal coding change.
Versión 8.1 2022.02.27
--Internal coding change, complied with new build
Versión 7.10 2020.02.11
-->Improved trading logic
Versión 7.0 2019.02.24
-->Improved Logic and Coding.
Versión 5.20 2018.06.26
-- Important Update
--- Bugs found in the old version which caused the EA to stop trading. Fixed this problem.
Versión 5.0 2018.04.17
- Changed Time zone input
- Removed Strategy1EndTime input. Added Max Hour to Trade From StartTime. Just set how many hour you want to trade from Start Time
- Same as Strategy2EndTime

- Added the new input ShowNewsLine, so that news time is displayed on a chart