Prospector Scalper EA MT4

The Prospector Scalper EA is a fully automated Expert Advisor that scalps during high volatility periods using a hybrid lot multiplication algorithm. The EA trades using market orders and hides its decision making from the broker. This EA will work on any pair but works best on EURUSD and USDJPY on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings.

Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will need optimising, and if you feel like sharing your settings please do so in the comments.
View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

Features

  • Fully automated
  • Drawdown risk control
  • Always a stop loss in place
  • Only one trade open at any time per pair
  • Hedge and Net account compatible
  • This system is NFA/FIFO compliant
  • No Grids
  • All you need is a VPS


Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots – Starting lot. Values from 0.01 to 0.02.
  • LotMultiplier – Last trade loss lot size multiplier. Values from 1.5 to 2.0.
  • LotMultiplierStart - Which trade in the sequence to start multiplying lots, higher values reduce chance of drawdown. Values from 0 to 100.
  • LotLimit – Maximum lot size before giving up on the trade sequence. Values from 10 to 100.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • AllowNewTrades - Turn this off to disable new trade sequences, true/false.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • StopLoss – Stop loss per trade in pips. This is only an emergency stop loss, should be set higher than TakeProfitMax. Values from 50 to 200.
  • TakeProfit – The invisible take profit increments in pips, should be small. Values from 3 to 8.
  • TakeProfitStart – The initial invisible take profit in pips, should be small. Values from 3 to 8.
  • TakeProfitMax – The maximum target profit in a sequence of trades. Values from 40 to 100.
  • StopLossMultiplier – The invisible stop loss ratio to invisible take profit. Values from 0.4 to 1.0.
  • EnterOnATR – Starts trade sequences on ATR increase, true/false.
  • ATRPeriod – The ATR period used for volatility detection. Values from 3 to 28.
  • ATRThreshold – The ATR threshold limiting when new trade sequences can start. Values from 4 to 14.
  • ReverseEntry – Starts trade sequences against the current trend, true/false.
  • LimitedTradeHours – Limit hours of trading by listing hours not to trade, separated by commas, for example: 5,8,12-15.

Optimization & Defaults

Default input values are for EURUSD M5. If optimizing, optimization of ATRPeriod, ATRThreshold, ReverseEntry, StopLossMultiplier and TakeProfit are needed to find the best results.

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Adaptive Gold Scalper Important Pre-notice: This strategy requires a long period of practical verification, and favorable trading returns cannot be guaranteed in the short run. Traders must select brokers with ultra-low order latency, minimal slippage and zero/low stop level requirement; poor broker conditions will lead to disastrous trading results. I have over 14 years of professional trading experience.   With proper brokerage conditions and sufficient running time, this fully automated scalp
AFTrade Scalper MT4 EA
Achmad Fathoni
5 (2)
AFTrade Scalper EA is an automated trading robot designed for XAUUSD using a breakout-based scalping approach. The EA focuses on very short-term opportunities with controlled risk management, fixed lot options, trading session filters, and a three-stage trailing stop system consisting of Trailing Start, Trailing Stop, and Trailing Step. No grid and no martingale, every trade has a defined Take Profit and Stop Loss. Please see below live signal of this EA : Live Signal Broker IC Markets (startin
AW Double Grids EA
AW Trading Software Limited
4.5 (8)
Advisor AW Double Grids MT4  - est un conseiller de grille agressif et entièrement automatisé, avec un panneau de trading d'informations et une configuration simple. La stratégie consiste en un travail bidirectionnel simultané, multipliant le volume d'une direction. Le calcul automatique des lots intégré, diverses variantes d'augmentation du volume des positions et d'autres fonctions sont implémentés. Instructions ->  ICI  /  Résolution de problèmes ->  ICI   / Version MT5 ->  ICI Comment le c
WallStreet Recovery PRO
Lachezar Krastev
5 (2)
BUY 1 and GET 1 FREE - Promotion! Buy WallStreet Recovery PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2331815 WallStreet Recovery PRO is a powerful FULLY automated trading system built on the legendary WallStreet Forex Robot core — one of the most popular and ti
Poison Ivy
Janet Abu Khalil
Info: Working trading pairs :  XAUUSD, GOLD  Timeframe: H1 Min deposit: $100 Min leverage 1:20  Works with any broker, though an ECN broker is recommended Features: No martingale No grid trading No averaging No dangerous money management techniques Hard stop loss and take profit for every trade Stable results since 1999 with 99.9% quality quotes Not sensitive to broker conditions Easy to install and use FTMO and Prop firm ready Complies with FIFO rules (Need to disable Hedging in EA settings)
Version MT4 : https://www.mql5.com/en/market/product/90950 Version MT5 : https://www.mql5.com/en/market/product/93706 Rebate Hunter – Expert Advisor (EA) de grille de couverture multi-paires (Dynamique et Adaptative) Rebate Hunter est un Expert Advisor (EA) de grille de couverture multi-paires conçu pour générer un volume de trading constant tout en visant un profit contrôlé sur le panier. L'EA ouvre simultanément des positions d'achat et de vente (entrée couverte), puis gère les positions à
Buzzer Gold EA
Sukhpreet Singh Bedi
Buzzer Gold EA for MT4 Automated Expert Advisor for XAUUSD (Gold) Buzzer Gold EA is an automated Expert Advisor (EA) developed for MetaTrader 4 (MT4). It is designed primarily for trading XAUUSD (Gold) on the M5 timeframe using a rule-based trading methodology combined with configurable money management and risk control features. The EA continuously monitors market conditions and executes trades automatically when its predefined trading criteria are satisfied. It is intended for traders who pre
EA Gold Stuff
Vasiliy Strukov
4.7 (1090)
EA Gold Stuff est un Expert Advisor conçu spécifiquement pour le trading d'or. L'opération est basée sur des ordres d'ouverture utilisant l'indicateur Gold Stuff, ainsi l'EA fonctionne selon la stratégie "Trend Follow", ce qui signifie suivre la tendance. Les résultats en temps réel peuvent être consultés ici. Contactez-moi immédiatement après l'achat pour obtenir les réglages et un bonus personnel!  Vous pouvez obtenir une copie gratuite de notre indicateur Strong Support et Trend Scanner, v
EA Black Dragon
Ramil Minniakhmetov
4.75 (567)
EA Black Dragon fonctionne sur l'indicateur Black Dragon. L'EA ouvre un trade par la couleur de l'indicateur, il est alors possible d'augmenter le réseau d'ordres ou de travailler avec un stop loss. IMPORTANT! Contactez-moi immédiatement après l'achat pour recevoir des instructions et un bonus ! Le suivi du travail réel, ainsi que mes autres développements sont consultables ici : https://www.mql5.com/en/users/mechanic/seller Tous les paramètres peuvent être trouvés ici! Paramètres entrant
One Gold MT4
Stanislav Tomilov
4.68 (19)
Présentation de One Gold EA, un robot de trading sophistiqué pour l'or sur la plateforme Meta Trader, développé pour aider les traders à effectuer des analyses de marché avancées. Notre technologie exclusive exploite les réseaux neuronaux et les algorithmes basés sur les données pour analyser les données historiques et en temps réel du marché de l'or, fournissant des informations qui peuvent aider à la prise de décision. Contrairement aux stratégies manuelles traditionnelles, One Gold EA fonctio
Forex GOLD Investor
Lachezar Krastev
4.39 (51)
BUY 1 and GET 1 FREE - Promotion! Buy Forex GOLD Investor with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330! ) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strat
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Donchian Scalper EA
Robots4Forex Ltd
4.3 (10)
The Donchian Scalper EA is a fully automated Expert Advisor that trades based on the Donchian indicator. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate
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Bollinger Scalper EA
Robots4Forex Ltd
4.36 (11)
The Bollinger Scalper EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I
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RMI Scalper EA
Robots4Forex Ltd
4 (2)
The RMI Scalper EA is a fully automated Expert Advisor that trades pullbacks from the major trend using RMI and limited averaging. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY, EURUSD, GBPUSD, USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP and EURJPY using the M30 timeframe and has the option to trade multiple pairs but only one pair at any one time to increase trade frequency without increasing draw down. Please not
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Rapid Reaper EA
Robots4Forex Ltd
4.29 (7)
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Night Scalper EA
Robots4Forex Ltd
4 (2)
Night Scalper EA est un système de trading avancé et entièrement automatisé, conçu pour tirer parti des mouvements du marché en soirée grâce à une stratégie de scalping à haute probabilité. Que vous soyez un trader expérimenté ou débutant, Night Scalper offre un outil puissant pour naviguer avec précision et facilité pendant les périodes de faible volatilité. Cet Expert Advisor (EA) utilise une stratégie multi-devises robuste tout en assurant une gestion rigoureuse des risques et une conformité
Wave Scalper EA
Robots4Forex Ltd
2.2 (5)
The Wave Scalper EA is fully automated scalping system that uses price action to identify good scalping trades and executes them with an invisible trailing stop loss. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management which works well on most pairs, but predominantly GBPUSD, USDCAD, EURUSD, AUDUSD & USDJPY. Plea
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Flex Grid EA
Robots4Forex Ltd
The Flex Grid EA is a fully automated Expert Advisor that trades based on RSI. The EA trades using market orders with inivisible take profit and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD, USDJPY, EURUSD, USDCAD & GBPUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limite
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The Wave Scalper EA is fully automated scalping system that uses price action to identify good scalping trades and executes them with an invisible trailing stop loss. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management which works well on most pairs, but predominantly GBPUSD, USDCAD, EURUSD, AUDUSD & USDJPY. Plea
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Candle Scalper EA
Robots4Forex Ltd
4 (1)
The Candle Scalper EA is a fully automated Expert Advisor that trades based on price action. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom E
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The Prospector Scalper EA is a fully automated Expert Advisor that scalps during high volatility periods using a hybrid lot multiplication algorithm. The EA trades using market orders and hides its decision making from the broker. This EA will work on any pair but works best on EURUSD and USDJPY on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more
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Dollar Yen Trader EA
Robots4Forex Ltd
2.5 (4)
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RMI Scalper EA MT4
Robots4Forex Ltd
3 (2)
The RMI Scalper EA is a fully automated Expert Advisor that trades pullbacks from the major trend using RMI and limited averaging. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY, EURUSD, GBPUSD, USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP and EURJPY using the M30 timeframe and has the option to trade multiple pairs but only one pair at any one time to increase trade frequency without increasing draw down. Please not
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Donchian Scalper EA MT4
Robots4Forex Ltd
3.67 (3)
The Donchian Scalper EA is a fully automated Expert Advisor that trades based on the Donchian indicator. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate
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Night Scalper EA Lite
Robots4Forex Ltd
2.25 (4)
The Night Scalper EA Lite is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and has the option to use time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimiz
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Complex Chaos EA
Robots4Forex Ltd
The Complex Chaos EA is an automated system that uses a pair of exponential moving averages to detect the market direction and opens trades on candle open. If the market moves against a trade it will at a set distance open another trade in the same direction to move the take profit of the group of open positions closer to the current price and make the group of trades winners overall once the price reverses. If a change in direction is detected then all trades are closed and it starts trading in
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Trend Venom EA
Robots4Forex Ltd
The Trend Venom EA is a fully automated Expert Advisor that trades based on Moving Average and RSI signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentr
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Extreme Breakout EA Lite
Robots4Forex Ltd
3.67 (3)
The Extreme Breakout EA Lite is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA Lite trades using pending orders and has the option to enter using market orders if required. Lite version is limited to 0.01 lots without money management. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?o
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Rapid Reaper EA MT4
Robots4Forex Ltd
3 (2)
The Rapid Reaper EA is a fully automated hybrid averaging EA that trades in sequences of lot increase and multiplication on both sides of the book. The system trades using market orders with take profits set across trade groups. This EA will work on any pair but works best on GBPUSD and USDCAD on the M5 timeframe. A VPS is advisable when trading with this EA. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more
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Night Lottery EA Lite MT4
Robots4Forex Ltd
4 (5)
The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD, AUDNZD and USDCHF using the M5 timeframe, defaults are for EURUSD. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Any questions message me - https://www.mql5.com/en/users/robots4forex View More Products - https://www
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The Complex Chaos EA is an automated system that uses a pair of exponential moving averages to detect the market direction and opens trades on candle open. If the market moves against a trade it will at a set distance open another trade in the same direction to move the take profit of the group of open positions closer to the current price and make the group of trades winners overall once the price reverses. If a change in direction is detected then all trades are closed and it starts trading in
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The Bollinger Fading EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the H1 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I c
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Aeon
Robots4Forex Ltd
Aeon is a fully automated Expert Advisor that trades multiple currencies. The EA trades using market orders and uses averaging to turn otherwise negative trades positive. This EA works best on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will n
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Indicateur de Rupture de Force des Devises (Currency Strength Breakout Indicator) Obtenez un avantage dans votre trading avec l' Indicateur de Rupture de Force des Devises , un outil puissant qui analyse huit devises sur plusieurs périodes de temps (M1, M5, M15, M30 et H1), le tout dans une fenêtre unique et facile à lire. Identifiez les devises les plus fortes et les plus faibles, et tradez les retracements avec précision grâce à des alertes vous aidant à entrer dans les tendances au bon momen
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The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive t
Night Lottery EA MT4
Robots4Forex Ltd
4.33 (3)
The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD, AUDNZD and USDCHF using the M5 timeframe, defaults are for EURUSD. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Any questions message me - https://www.mql5.com/en/users/robots4forex View More Products - https://ww
Custom EA
Robots4Forex Ltd
4.67 (6)
Custom EA est un expert-conseil (EA) entièrement automatisé et personnalisable, conçu pour les traders qui souhaitent avoir un contrôle total sur leurs stratégies de trading. Il s'intègre parfaitement aux indicateurs tiers, offre de nombreuses stratégies d'entrée et de sortie intégrées et comprend des fonctionnalités avancées de duplication des trades. Que vous automatisiez vos trades, développiez une stratégie basée sur un réseau neuronal ou copiiez des trades entre comptes, Custom EA est la so
The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive t
Night Lottery EA
Robots4Forex Ltd
The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/ro
The Night Scalper EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimized settings. View More
Custom EA MT5
Robots4Forex Ltd
Custom EA est un expert-conseil (EA) entièrement automatisé et personnalisable, conçu pour les traders qui souhaitent avoir un contrôle total sur leurs stratégies de trading. Il s'intègre parfaitement aux indicateurs tiers, offre de nombreuses stratégies d'entrée et de sortie intégrées et comprend des fonctionnalités avancées de duplication des trades. Que vous automatisiez vos trades, développiez une stratégie basée sur un réseau neuronal ou copiiez des trades entre comptes, Custom EA est la so
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Natali Vandros 2023.07.27 18:15 
 

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