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Pro Scalping

3

Pro Scalping is a fully automated Expert Advisor. Night scalping strategy. The ATR-based, RSI, WPR indicator and an Stochastic filter are used for entries.

Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/hoangvudb/seller

General Recommendations

The minimum deposit is 100 USD,  default settings reccomend for EURUSD M15 GMT +3Please use max spread 2 if you will not have orders change it to 3.Use a broker with good execution and with a spread of 0-5 points. A very fast VPS is required, preferably with a latency of no more than 3.

Requires an ECN account with minimal spread, Broker proposal:  ( https://icmarkets.com or https://tickmill.com )

Setting :

Pair SymbolTime FrameStep Orders Stop LossUse Trading Time 
EURUSDM15 585 Modify according to your broker (21:16-23:46 GMT+3)
EURGBPM15 6.585 Modify according to your broker (21:16-23:46 GMT+3)
 ... ... ... ... ...


For traders using "Risk%" high, To limit all of risks, you should folow these advices:

+ Stop robot when you get important news

+ Withdraw interest on Friday every or Monthly or week or every day.


STRATEGY: Pro Scalping money management strategy for maximum safety and long term profitability:

1. Divide your available capital in 2 parts and invest in this robot the 1/2 of it (robot funds).

2. Keep your 1/2 back up funds in a different account.

3. Withdraw your profits every Friday afternoon or Monthly.

4. After each withdrawal divide all your available capital (back up funds + robot funds + withdrawn funds) in 2 parts and start fresh with the 1/2.

5. Repeat this process and you will be in profit.

Input parameters

  • Max Slippage: This will be your Max Slippage to open a trade.
  • Max Spread - maximum spread, at which the EA is allowed to open and close positions.
  • Step Orders - After how many pips the EA should open trade or look for signal to open.
  • Max Orders - the maximum number of open orders.
  • Lots - Initial lot size.
  • Auto Lots - enable/disable auto lot calculation.
  • Risk - amount of the deposit, on which Lot is to be used when Auto Lots is enabled.
  • Optimizer - floating level control (returned be EA in deinitialization process, recommended range: 0 - 5)
  • RSI - period, upper and lower levels of RSI.
  • STH - period, upper and lower levels of Stochastic.
  • WPR - period, upper and lower levels of WPR.
  • Take Profit (pip) - real take profit in pip.
  • Stop Loss (pip)- real stop loss.
  • Breakeven Start (pip)- after how many pips in profit the breakeven should start.
  • Breakeven LockProfit (pip) - How many pips will be the distance between SL and the opening price.
  • Trailing Stop(pip) - after how many pips in profit the trailing should start.
  • Trailing Step(pip) - How many pips will be the distance between SL and the current price.
  • StopLoss In Money($) - This number is in Currency.
  • TakeProfit In Money($) - This number is in Currency.
  • Use Trading Time - Open Trade Time Start, Open Trade Time End.
  • Magic Number - magic number for the Expert Advisor to identify its positions.
  • Order Comment: Enter Here your preferred Comment.
  • Print Log On Chart: enable/disable Log On Chart.

Useful Links & articles: 

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Forex Workstation is a powerful and efficient bot for trading on the Forex market. It is designed to use patterns, price delay levels, volatility analysis and market scaling. This bot provides unique opportunities for automated trading and optimization of strategies on various currency pairs. Let's look at the features and settings of Forex Workstation: Peculiarities: Multi-currency : Forex Workstation supports a wide range of currency pairs for trading, which allows you to diversify your por
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
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Filtro:
Krzysztof Maciej Jench
393
Krzysztof Maciej Jench 2020.06.09 09:20 
 

EA makes money. I am too stupid to understand Le Dang's time settings +3GMT? Asked and got reply twice. Le Dang is helping each time. Currently time settings is on trial and error. I rented it for 3 months, initially installed 4 (out of 5) on VPs ping >100ms. Opened 2nd VPS (ping ~ 3ms) but cannot install across VPSs (I still have 1 installation left). Impressed with Le Dang's work I rented Big Rocket to test but since yesterday no trades. I will wait and see. Will rent or buy Pro Scalping again to install on fast VPS after current hire period expires. PS I am novice to all this but have a good mentor. Being out of work and close to retirement I see this as a chance to make a living.

Respuesta al comentario
Versión 8.60 2019.04.17
Fix: StopLoss and TakeProfit hidden
Versión 8.50 2019.04.14
Fix Drawdown, Add filter:
- Add RSI
- Add Williams Percent Range
- Add Stochastic