Limit Scalper

5

Buy the dip - sell the spike.

This simple strategy, executed with limit orders, makes slippage your friend.

The extended Take Profit sets no limits to profits, often profits far above the normal scalping profit are achieved. See screenshots below.

No martingale, no grid, always just one order open with StopLoss. 

Live Signal: https://www.mql5.com/en/signals/1495331 


The default settings are for GBPUSD M5 chart.  


Timing is important! Set SetUTC (GMT) according to the timezone of your broker! More info in Comments.

For a correct backtest download M1, M5, H1, D1 and W1 data for the test period.


Settings

  • SetUTC - timezone. Default set UTC=2 is best, used by many brokers 

  • Auto_Moneymanage: automatic money management On or Off

  • MiniLots: if true, Auto_Moneym. has steps of 0.01 lot

  • MaximumRisk: % of account free margin set on risk for a trade

  • Lots: lot size if Auto_Moneym. is disabled


  • StopLossBuy: distance of stop loss 

  • TakeProfitB: points profit when a buy order is closed 

  • EntryB: points the limit buy is set higher or lower, more info in comment #2

  • Then follow same setting for Sell orders

  • HrFriStop: hour EA stops opening orders Fridays (24 = disabled)

  • HrFriClose: hour when the EA closes open orders Fridays (24 = disabled)

  • magic: magic number

  • DrawLines: draws Highs and Lows of former days, weeks in the chart. Mouseover shows the name of the line.

  • The EA orientates on these lines. More info in the description of the indicator: Support Resistance Free   

      

  • Following settings for advanced users to deactivate trading at certain hours. 

    Start, stop and a pause can be set, seperate for buy & sell and for every day of the week. For Monday buy:

    • MonHourStartB  
    • MonHourStopB   
    • MonHourPauseB

    Then follow the sell settings and the same for next days. A day is completely deactivated if HourStart & HourStop are equal.

    Note: A pause can be one hour or up to 10 hours.

    The 'hundreds' before the 'pause-hour' number determines how many hours more the pause lasts.

    A setting like: TueHourPauseS=509  means: 

    The pause for sell starts at 9 and goes on the 5 following hours, so here from 9-14.  (14 included, still pause)

    In the 'Experts' log a pause is indicated at the start of every hour with pause, for the case above: Pause Tue Sell hr 9-14 

    Before  version 1.5 the Limit Scalper start and end hours were limited internally from 9 -19h. 

    With the added settings it is also possible to widen the trading hours- or to check if the strategy works with other pairs at certain hours. 




Avis 3
Happy Scalper
1041
Happy Scalper 2022.01.07 02:57 
 

Hello Heiko. Been trying out your Limit Scalper on demo for a couple of weeks now and I can't believe how great this EA performs. GBP/USD works great, but the EUR/USD just doesn't perform well at all, even when I change the pair settings in the inputs. Going to go live on January 16th. Will let you know how this performs on a live account. Thanks for a great EA. Happy trading!

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Ask in private for more details after purchase Discounted   price .  The price will increase by $500 with every 10 purchases. Source code FlipDemonHFT available: https://t.me/snakeByteHoldings Ask in private for more details! IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. FlipDamonHFT – High-Frequency Trading Robot for XAUUSD (GOLD) FlipDamonHFT is a fully automated Expert Advisor for MetaTrader 4, developed for t
GoldPulse AI
Babak Alamdar
3.5 (20)
N'achetez pas un backtest, mais un véritable système de trading       Live Signal Ce prix est temporaire pendant la durée de la promotion et sera augmenté prochainement Il ne reste que quelques exemplaires au prix actuel, le prochain prix est -->> 1480 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! Il s'agit du premier robot le plus intelligent qui négocie de l'or ou du XAU avec des paires complètes comme XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD et XAUCNH ! Je regarde l’a
Quantum Emperor MT4
Bogdan Ion Puscasu
4.85 (172)
Présentation       Quantum Emperor EA   , le conseiller expert MQL5 révolutionnaire qui transforme la façon dont vous négociez la prestigieuse paire GBPUSD ! Développé par une équipe de traders expérimentés avec une expérience commerciale de plus de 13 ans. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Achetez Quantum Emperor EA et vous pourriez obtenir Quantum StarMan   gratuitement !*** Demandez en privé pour
Aura Neuron MT4
Stanislav Tomilov
4.44 (16)
Aura Neuron est un Expert Advisor distinctif qui poursuit la série de systèmes de trading Aura. En s'appuyant sur des réseaux neuronaux avancés et des stratégies de trading classiques de pointe, Aura Neuron offre une approche innovante avec d'excellentes performances potentielles. Entièrement automatisé, cet Expert Advisor est conçu pour négocier des paires de devises telles XAUUSD (GOLD). Il a démontré une stabilité constante sur ces paires de 1999 à 2023. Le système évite les techniques de ges
EA Budak Ubat
Syarief Azman Bin Rosli
4 (3)
Comment ça fonctionne Lorsque l'EA est actif, il analysera le graphique en fonction du paramètre Mode d'exécution. S'il n'y a pas de positions existantes sur le graphique, l'EA entrera dans un trade en fonction du paramètre. Si la tendance est haussière, il entrera dans un trade d'achat, et s'il est baissier, il entrera dans un trade de vente. Il définira également un ordre de stop loss à une certaine distance du prix d'ouverture du trade s'il existe une valeur de stop loss supérieure à 0. 0 s
Aura Black Edition
Stanislav Tomilov
4.62 (21)
Aura Black Edition est un EA entièrement automatisé conçu pour trader uniquement l'OR. L'expert a montré des résultats stables sur XAUUSD sur la période 2011-2020. Aucune méthode dangereuse de gestion de l'argent n'est utilisée, pas de martingale, pas de grille ou de scalp. Convient à toutes les conditions de courtier. EA formé avec un réseau neuronal perceptron multicouche (MLP) est une classe de réseau neuronal artificiel à rétroaction (ANN). Le terme MLP est utilisé de manière ambiguë, parfoi
A unique robot that has been successfully trading on a real account since 2021. The Gold Dragon trading system is so stable that it has allowed it to survive all market fluctuations, while other systems have failed! Big sale 50% OFF! Price $450. Regular price $899 Real signal:   click here   Unique set files and all recommendations are provided free of charge. All future updates of the adviser are included in the price. After the purchase, contact me and I will help you install and configure
Ось відформатований текст без альтернативних назв у дужках: Latency Edge Scalpel Latency Edge Scalpel is a high-frequency, institutional-grade trading solution engineered for high-precision scalping in the decentralized Forex market. This is not a simple grid or martingale bot; it is a sophisticated mathematical tool designed to exploit micro-structural price gaps and momentary volatility imbalances. The Algorithmic Core At its heart, Latency Edge Scalpel operates on a hybrid volatility-filterin
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The indicator shows support and resistance levels as horizontal lines. It shows the highs and lows of former days, weeks and month in every chart.  How to work with support and resistance levels show the EA  Limit Scalper and   the Universal Moving Average Expert Advisor (UniMA EA) .   When the tip of the coursor is on a line (mouseover) it shows the real value of the level and which high or low is shown, see explanation below. The indicator must be installed like an   expert advisor !  To se
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Trend Magic Alarm
Heiko Kendziorra
5 (1)
The Trend Magic Alarm shows the direction of a trend and indicates when it changes with a sound, popup window, push or email notice. Blue dots in the chart indicate an uptrend, red dots indicate a downtrend. Levels of former highs + lows give orientation in a chart.  Trend Magic Alarm can draw these levels as lines in the chart, see inputs. Input Parameters Counter : number of bars used for calculation PowerSet : shows how near to the bars the trigger dots are placed DotSize : size of the shown
Equity Protect
Heiko Kendziorra
3 (2)
EquityProtect provides hidden StopLoss, TakeProfit or TrailingStop based on the account equity. All orders of all symbols can be closed or just the chosen currency and/or just buys or sells or pending orders deleted. EquityProtect closes all or just defined orders when the account equity falls under or rises over a certain level. Besides EquityProtect can use the account equity as trailing stop. A comment in the chart shows the equity where the robot will react. mt5 version >> EquityProtect is v
Levels Trader
Heiko Kendziorra
The unique Levels EA trades dozens of profitable strategies in any chart. All  strategies  are   easy to understand,  can be edited and changed to trade other strategies, currencies, CFDs or timeframes. A handful of strategies can be  downloaded in the Comments section  and with some time and patience everybody can program own trading strategies without programming knowledge. With a little analytical mind it should be easy. No martingale, no grid, always just one order open with StopLoss. Levels
Buy The Dip Util is an  halfautomatic  expert advisor (EA), to   buy on dips (days lows) and sell on spikes (days highs). A profit can exceed a loss trade up to 10 times , so the user can have several loss trades and still make profit. Orders are opened at the change of the hour , if a button in the chart is pressed. The  Buy The Dip as EA  does this automaticly. The order stoploss is automaticly set right below the low of the former hour (buy) or right over the high (sell). The position size
Black Night
Heiko Kendziorra
Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth: It does not open trades in the difficult rollover hour when the spreads widen and liquidity is low.  If a trade is open it does not open trades in correlating currency pairs.     It   starts trading   one hour before   the 'usual' night scalping time to take profit without swap and before spreads widen - if possible .   It   needs no set files and works fully automatically with the d
Black Night mt5
Heiko Kendziorra
5 (1)
Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth: It keeps trading activity low in the difficult rollover hour when the spreads widen and liquidity is low.  It   starts trading  one hour before   the 'usual' night scalping time to take profit without swap and before   spreads widen - if possible . If a trade is open it   does not   open trades in correlating currency pairs.   It   needs   no set files   and works fully automatically
Scalpelo
Heiko Kendziorra
Scalpelo is a unique full automatic trading system that cuts many small chunks out of market movements non-stop 24 hours a day  with surgical precision. In EURUSD it opens trades with limit orders, so slippage becomes your friend and internet speed is not an issue. NO   m artingale, grid trading or other dangerous method used, that at the end erases your account.  Always just one order open with StopLoss.  Live Signal >>      The default settings   are for   EURUSD M5   chart. Settings SetUTC
EquityProtect provides hidden StopLoss, TakeProfit or TrailingStop based on the account equity. All orders of all symbols can be closed or just the chosen currency and/or just buys or sells or pending orders deleted. EquityProtect closes all or just defined orders when the account equity falls under or rises over a certain level. Besides EquityProtect can use the account equity as trailing stop. A comment in the chart shows the equity where the robot will react. An Alert can be activated and ope
Universal MA EA
Heiko Kendziorra
Trade any currency, crypto, cfd or stock in any timeframe depending on 2 moving averages , from scalping to position trading. All parameters and functions can be modified and de/activated in the settings, there's no hidden algorithm. The  Universal Moving Average Expert Advisor ( UniMA EA ) trades a simple strategy that works well with dozens of profitable settings. All backtest results shown in the screenshots below and tradet in the signals can be tested with the provided set files in the com
Outbreak
Heiko Kendziorra
2.26 (23)
Outbreak is a fully automated robot that   follows breakouts in EURUSD. It opens several trades a day and closes them the same day.  Always just one order open with StopLoss. More than 80% of the trades are   profitable   in historical backtests and in the Live trading signal  >>    Live tradingl of the second strategy here >>   NO   m artingale, grid trading or other dangerous method used, that at the end erases your account.  Usually Outbreak  is scalping  the market, cutting small profits f
Tech EA
Heiko Kendziorra
Buy the dip - sell the spike of the US Tech 100 Index No martingale, no grid, always just one order open with StopLoss.  Live Signal: https://www.mql5.com/en/signals/2196371 The starting price is only for the first buyers, next price USD 399 and every week that ends with a profit, it increases by another 100. The default settings  are for the US 100 Tech(Cash) CFD   M15  chart, the default lotsizes are for an account of USD 10000.   The minimum account balance is USD 100 to trade 0.01 buy and
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Cristian Mihail Pauna
13168
Cristian Mihail Pauna 2022.09.23 14:48 
 

Negative feedback!

Lorence Jordi
188
Lorence Jordi 2022.04.04 19:12 
 

I tested, optimized this expert a lot and got very impressive results in every year. My tests were performed with the real tick date with 99,90% accuracy, i used tickstory, and tick data suite too. The important difference between the default setting and mine is that i widened the stop loss and take profit numbers. This way the win rate increased a lot and even during the begining of the war of the war it performed okay, when other experts collapsed. I really recommend this expert, just set the tp/sl over 250 and optimize to your taste. Use always 99% accurate data and every tick option, without that its a waste of time. The author always responds, thats an important part too. Have a nice one!

Heiko Kendziorra
10830
Réponse du développeur Heiko Kendziorra 2022.04.17 10:52
Thank you for your review and your advice for the settings! I'll consider your settings in optimizing the next version. Good trades!
Happy Scalper
1041
Happy Scalper 2022.01.07 02:57 
 

Hello Heiko. Been trying out your Limit Scalper on demo for a couple of weeks now and I can't believe how great this EA performs. GBP/USD works great, but the EUR/USD just doesn't perform well at all, even when I change the pair settings in the inputs. Going to go live on January 16th. Will let you know how this performs on a live account. Thanks for a great EA. Happy trading!

Heiko Kendziorra
10830
Réponse du développeur Heiko Kendziorra 2022.01.17 10:11
Hello, thanks for your review! Limit Scalper is made for GBPUSD, EUR/USD doesn't move enough for this strategy, it has too low volatility. Good trades!
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