Euro Scalper MT4

The Expert Advisor trades in the direction of the current trend, the algorithm is based on calculating the width of the trading range for a given interval and assessing price movements on short time intervals. If the impulse value exceeds a specified percentage of the trading range, a position is opened in the direction of the trend. The impulses are also additionally filtered using a special technique.

When evaluating impulses, the tick history inside the bar is not used.

The algorithm uses explicit control of bars - trading is performed on the formed bars only. This protects test and trading results from tick history errors, does not overload the terminal and increases the speed of testing and optimization as they can be run in Open prices only mode.

This EA has maintained its profitability since 2012, since its first publication, without significant algorithm adjustments and parameter optimization.

It trades relatively rarely, on average 3-5 trades per month, since strong price movements do not occur often. Historical drawdown does not exceed 25% when trading 0.1 lot per $ 1000 of the deposit. This allows you to use it both independently and as part of a portfolio of similar conservative Expert Advisors, which are based on different principles and mutually smooth out the drawdown.

Timeframe - M5, pair - EURUSD.

MetaTrader 5 version here.

Parameters

  • Magic - magic number allowing the EA to define its own orders in the trading platform. It is necessary when several EAs are working in a single platform or an automatic trading is combined with a manual one.
  • Percent - impulse value (% of the trading range).
  • TakePercent - take profit for newly opened positions (% of the impulse value).
  • StopPercent - stop loss for newly opened positions (% of the impulse value).
  • Stop - maximum stop loss of the newly opened positions in points. The parameter is used if stop loss value calculated as % of the impulse exceeds this value.
  • Tral - trailing stop level in points.
  • Lots - fixed lot of the newly opened positions if ММ is not used.
  • PartCloseLevels - number of levels for closing by profit. 
  • DigitsInLot - number of decimal places in a lot. 
  • GMT Offset - trade server shift relative to GMT. 
  • MM - money management; set the percentage of re-investing the profit gained during trading. If ММ=1, the lot is 0.1 per each $1 000 of the deposit. If ММ=1.5, the lot is 0.15 per each $1 000 of the deposit, etc. If ММ=0, money management is not used. The trading is performed by a fixed lot set in Lots parameter.
  • Info - show/hide the info panel on the chart.

Monitoring: https://www.mql5.com/en/users/nutcracker/seller

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Gyroscope        professional forex expert   (for EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, EURJPY, NZDUSD, USDCAD, EURCHF, AUDJPY, CADJPY pairs)   alyzing the market using the Elliot Wave Index. Elliott wave theory is the interpretation of processes in financial markets through a system of visual models (waves) on price charts. The author of the theory, Ralph Elliott, identified eight variants of alternating waves (of which five are in the trend and three are against the trend). The mov
Vizzion
Joel Protusada
Vizzion is a fully automated scalping Expert Advisor that can be run successfully using GBPJPY currency pair at H1 timeframe. Very Important This Expert Advisor can not run with any EAs in the same account. As part of the money management plan, it calculates and monitors the Margin Level % and assumes that all open trades are created by it. If you want an Expert Advisor that trades in a daily basis, this EA is not for you because using this requires a patience to wait for a few days or weeks on
AurexBot
Vladimir Pokora
AurexBot – Gold Reversal Expert Advisor AurexBot is an intelligent Expert Advisor designed exclusively for XAUUSD (Gold) , built to capture fast price reversals with precision and disciplined risk management. Instead of chasing trends, AurexBot focuses on high-probability turning points where volatility creates the best trading opportunities. Why traders choose AurexBot No dangerous averaging,  No grid,  No martingale , Real Stop Loss and Take Profit logic Fast Reversal Detection – Identifies s
Quantum Nexus MT4
Farell Edson Mazarin
Quantum Nexus est un Expert Advisor innovant qui réunit l’analyse quantitative, la validation à plusieurs niveaux, des algorithmes de suivi de tendance, des mécanismes de suivi des positions et la surveillance statistique au sein d’un système de trading automatisé unifié. La réalisation de ce produit a nécessité des décennies d’expérience en développement et une année de préparation pour créer Quant v5 — un outil d’analyse quantitative de niveau hedge fund doté de tests OOS continus sur fenêtres
Trust EA MT4
Konstantin Kulikov
5 (1)
Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. The final price is 997$ * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with
Supply Demand EA ProBot
Georgios Kalomoiropoulos
4.67 (9)
Un EA entièrement automatisé basé sur les principes de l'offre et de la demande . La première entreprise à proposer un service de conseil en offre et demande entièrement automatisé . Le trading est plus facile que jamais. Prenez le contrôle total de votre stratégie de trading avec notre tableau de bord de trading graphique convivial. Vous obtenez un logiciel de trading algorithmique de haute qualité qui couvre tous les styles de trading (manuel, semi-automatique, entièrement automatisé). Une var
DAX Robot is an advanced automated trading system developed specifically for the   DAX 40 Index   on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's   most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability   trading opportunities   by combining trend analysis, market momentum, and volatility based conditions. DAX Robot
Gold Grail Expert (GGE for short) adopts a unique design to follow the trend of gold fluctuations. When the price of gold goes to one side, the program will open orders in the intermittent of callback trend. Meanwhile, GGE adopts multiple filtering methods including Bollinger Bands, RSI, ADX and DeMarker to improve the accuracy of the signal for trade. Each order has Stop-loss and Profit-take setting automatically to effectively ensure the profit. Foreign exchange is a high risk market. Most in
RiskShield Dragon   — Automated Multi-Currency Advisor Combining intelligent algorithms, robust protection mechanisms, and flexible configuration, **RiskShield Dragon** delivers consistent profits with minimal risk. --- ## Key Advantages * **Multi-Currency & Multi-Threaded**: Supports over 20 currency pairs (EURUSD, GBPUSD, USDJPY, AUDUSD, NZDJPY, and more) simultaneously on any timeframe. * **Minimum Deposit from 10,000**: Optimized for trading with a starting balance of 10,000 account uni
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Ace Scalper MT4
Andrey Vasilenko
3 (2)
Ace Scalper EA works on the GBPUSD, AUDCAD, EURGBP, USDCHF, GBPCAD, GBPAUD, USDCAD and some others pairs. Timeframe M5. The strategy is based on the search of price fluctuations for the quiet period of the Asian session. During this period, there is usually no strong unpredictable price movements, which allows relatively safe scalping, with the average trade duration 1 hour. Uses tight Stop Loss, which provides deposit protection in the event of adverse developments in the market. EA does not us
Quick Lines
Andrey Vasilenko
A simple tool for trading on trend and horizontal lines. A small panel of buttons on the chart allows you to set trigger lines in one click and track their status. Market orders open automatically when the price touches the lines. The order direction (Buy or Sell) is set by the line color when it is installed. Allows you to apply an unlimited number of lines, they will work as the price touches. You can create any graphic patterns: levels, channels, triangles, flags, grids, etc. The principle
A small panel in the left corner of the chart displays the status and statistics on open and closed orders for all traded symbols. In the process of multicurrency trading, you need to know by what symbols the strategy gives profit or loss, how many deals and with what efficiency. It is important to see the comparative characteristics of all symbols in order to compare and analyze. This is necessary both for the operational management of open positions, and for the timely detection and removal f
Pulse Scalper MT4
Andrey Vasilenko
Pulse Scalper EA works on the EURCHF currency pair.   Working timeframe M1. The strategy is based on searching for and playing back strong price impulses in the opposite direction. Does not use tick history, uses only closed bars, so you can test using open prices. The Expert Advisor does not use dangerous trading methods that can destroy the deposit: grids, martingale, locking, sitting out without stops. Stops are fixed; in addition, a hidden algorithm is used to track positions, which closes
Ace Scalper MT5
Andrey Vasilenko
Ace Scalper EA works on the GBPUSD, EURGBP, USDCHF, EURCHF . Timeframe M5. The strategy is based on the search of price fluctuations for the quiet period of the Asian session. During this period, there is usually no strong unpredictable price movements, which allows relatively safe scalping, with the average trade duration 1 hour. Uses tight Stop Loss, which provides deposit protection in the event of adverse developments in the market. EA does not use dangerous methods of trading that can destr
Euro Scalper MT5
Andrey Vasilenko
The Expert Advisor trades in the direction of the current trend, the algorithm is based on calculating the width of the trading range for a given interval and assessing price movements on short time intervals. If the impulse value exceeds a specified percentage of the trading range, a position is opened in the direction of the trend. The impulses are also additionally filtered using a special technique. When evaluating impulses, the tick history inside the bar is not used . The algorithm uses ex
Pulse Scalper MT5
Andrey Vasilenko
Pulse Scalper EA works on the EURCHF currency pair. Working timeframe M1. The strategy is based on searching for and playing back strong price impulses in the opposite direction. Does not use tick history, uses only closed bars, so you can test using open prices. The Expert Advisor does not use dangerous trading methods that can destroy the deposit: grids, martingale, locking, sitting out without stops. Stops are fixed; in addition, a hidden algorithm is used to track positions, which closes po
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