MeanRev EMA Scalper
- Experts
- Version: 1.34
- Activations: 10
A professional, rules-based automated trading strategy engineered specifically for the EURUSD M15 timeframe. This Expert Advisor utilizes a robust Mean Reversion framework, combining Bollinger Bands extremes and RSI filters, coupled with an underlying EMA 50 trend filter to safely capture high-probability counter-trend bounces in liquid market conditions. Designed with strict risk parameters, zero grid, and no martingale.
Key Advantages
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Advanced Filtering: Integrates a dual confirmation system using Bollinger Bands boundaries and RSI extremes, filtered against an EMA 50 trend baseline to bypass low-quality setups.
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Defined Risk Management: Every single trade is protected by a strict fixed Stop Loss and Take Profit, paired with a built-in Break-Even trigger and Trailing Stop mechanism.
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Capital Protection: Fixed percentage risk calculation per trade based on account equity, ensuring controlled drawdowns.
Strategy Specifications
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Recommended Pair: EURUSD
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Optimal Timeframe: M15
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Minimum Deposit: $1,000 (or equivalent cent account)
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Execution Type: Hedging / Netting compatible (ECN recommended)
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Risk Model: 1.0% default risk per trade (fully adjustable)
Default Inputs
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InpRiskPercent: 1.0%
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InpBBPeriod: 20 (Deviation: 2.0)
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InpRSIPeriod: 14 (Overbought: 70 | Oversold: 30)
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InpEMAPeriod: 50
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InpStopLoss: 15 Pips
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InpTakeProfit: 15 Pips
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InpBeTrigger: 10 Pips (Lock: 1 Pip)
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InpTrailingStop: 10 Pips
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InpMaxSpread: 20 Points
