Isheguve Scalper Pro

Isheguve Scalper pro user guide

1. Introduction to Isheguve Scalper Pro

Isheguve Scalper Pro is a sophisticated MQL5 Expert Advisor designed to automate your trading decisions. It integrates advanced technical analysis with robust money and trade management to provide a comprehensive automated trading solution.

Key features include:

  • Candlestick Pattern Recognition: Identifies various reversal and continuation candlestick formations.
  • Multi-Indicator Confirmation: Filters and confirms patterns using Exponential Moving Averages (EMA), Relative Strength Index (RSI), and Bulls/Bears Power indicators.
  • Dynamic Risk Management: Calculates trade lot sizes based on a user-defined risk percentage and adjusts for consecutive losses.
  • Adaptive Trailing Isheguve Scalper Pro: Implements a dynamic trailing stop-loss system based on Average True Range (ATR) to adapt to market volatility.
  • Session Management: Automates trade closure and pending order cancellation as the trading session ends.
  • Flexible Trade Strategy: Allows you to choose between a netting-like (single-directional) or hedging-like (multi-directional) trading approach on the same symbol.

2. Installation Guide

To use Isheguve Scalper Pro , you need the MetaTrader 5 (MT5) trading platform.

  1. Download the EA file: Obtain the Isheguve Scalper .ex5(or .mq5 ) file.
  2. Open MetaTrader 5 Data Folder:
    • Launch your MT5 platform.
    • Go to File > Open Data Folder .
  3. Navigate to Experts Folder:
    • In the opened data folder, navigate to MQL5 > Experts .
  4. Copy the EA File:
    • Paste the Isheguve Scalper .ex5 (or .mq5 ) file into the Experts folder.
  5. Refresh MetaTrader 5 Navigator:
    • Close the data folder.
    • In MT5, go to the Navigator panel (usually on the left side).
    • Right-click on Expert Advisors .
    • Select Refresh . You should now see "Isheguve Scalper Pro .ex5" listed under Expert Advisors .

3. Attaching the EA to a Chart

Once installed, you can attach Isheguve Scalper Pro to any chart in your MT5 terminal.

  1. Open a New Chart: Select the desired currency pair or trading instrument and open its chart (e.g., File > New Chart ).
  2. Select Timeframe: Set the chart to your preferred timeframe (e.g., H1, H4, D1). The EA is designed to work on various timeframes.
  3. Drag and Drop the EA:
    • From the Navigator panel, locate Expert Advisors > Isheguve Scalper Pro
    • Drag and drop "Isheguve Scalper Pro" directly onto your selected chart.
  4. Configure EA Settings:
    • A pop-up window titled "Expert Advisor properties" will appear.
    • Go to the Common tab:
      • Ensure Allow Algo Trading (or Allow automated trading ) is checked.
      • Make sure Allow DLL imports is unchecked (this EA does not use DLLs).
    • Go to the Inputs tab: This is where you will customize the EA's parameters.
  5. Click OK: After configuring the inputs, click OK .
  6. Verify Activation:
    • A smiley face icon (for MT5) or a green "AutoTrading" button at the top of your MT5 terminal should indicate that the EA is active.
    • The EA's information panel should appear on the chart, confirming its presence.

4. Understanding the Input Parameters

The Inputs tab is where you customize Isheguve Scalper Pro to fit your trading style and risk tolerance. Parameters are grouped for clarity:

- Money Management -

Max Risk Percentage (1.0): Your maximum acceptable risk per trade as a percentage of your account balance. (e.g., 1.0 for 1% risk).
SL Offset Points (200): This is a fixed stop-loss distance in points used primarily for the initial lot size calculation. It's also a fallback if the ATR trailing stop calculations are invalid. (200 points = 20 pips on a 5-digit broker).
Risk Reward Ratio (10): Your desired Take Profit to Stop Loss ratio. (e.g., 20 means 1:20 Risk-to-Reward, if SL is 20 pips, TP will be 400 pips).
Decrease Factor (0.2): If `Consecutive Losses Trigger` is met, the lot size will be multiplied by this factor. ( 0.2 means 20% of the calculated lot size).
Consecutive Losses Trigger (1): The number of successive losing trades that activate the `Decrease Factor` for lot size reduction.
Slippage (10): The maximum allowable deviation in points from the requested price.
Reset On Win (true): If true, the `Consecutive Losses` counter resets to zero after any winning trade.

- Indicators parameters -

MA Period (21): The period for the Moving Average used to identify the general trend.
Period RSI (30): The period for the Relative Strength Index (RSI).
RSI Sell Reversal Level (70): The RSI level indicating an overbought condition for potential sell reversals.
RSI Buy Reversal Level (30): The RSI level indicating an oversold condition for potential buy reversals.
Bulls Bears Power Period (21): The period for the Bulls Power and Bears Power indicators, used for momentum confirmation.
Price (PRICE_CLOSE): The price type (e.g., Close, Open, High, Low) used for indicator calculations.

- ATR Dynamic Trailing Stop Parameters -

Use ATR Trailing (true): Set to true to enable the ATR-based dynamic trailing stop. Set to false to disable it.
ATR Period (14): The period for the ATR indicator used in the trailing stop calculation. Higher values mean a smoother, slower-reacting stop.
ATR Multiplier (2.0): The multiple of the ATR value used to set the stop-loss distance. Higher values create a wider, more flexible stop.
ATR Min Stop Loss Pips (10.0): The minimum allowed stop-loss distance in standard pips. The dynamic ATR stop-loss will not go tighter than this value.

- Pending Order Parameters -

Pending Order Offset (50): The offset in points from the pattern's high/low to place the pending order entry price.
Pending Order Expiry Bars (5): The number of bars after which a pending order will expire. Set to 0 for Good Till Cancelled (GTC).

- Trade Session Management -

Session End Time Hour (23): The hour (0-23) when the EA considers the trading session to end.
Session End Time Minute (59): The minute (0-59) when the EA considers the trading session to end.

- Position holding time -

Duration (1440): The maximum number of bars a position can be held before automatic closure. Set to 0 for no time limit.

- Expert ID -

Magic Number (8101993): A unique identifier for this EA's trades. Change this if running multiple instances of the same EA on different charts or strategies.

- Trade Strategy Mode -

Trade Strategy Mode (ACCOUNT_TRADE_MODE_NETTING): This crucial setting dictates the EA's behavior with conflicting signals:
  • ACCOUNT_TRADE_MODE_NETTING: The EA will ensure only one directional trade is active per symbol. If a new signal conflicts with an existing position or pending order (e.g., a Buy signal with an open Sell position), the EA will first attempt to close the opposing position and cancel conflicting pending orders before placing the new trade.
  • ACCOUNT_TRADE_MODE_HEDGING: The EA will allow holding both long and short positions simultaneously on the same symbol. It will not automatically close opposing positions or cancel conflicting pending orders when a new signal appears.

We hope this user manual helps you effectively utilize the Isheguve Scalper Pro Expert Advisor to enhance your automated trading experience. Happy trading!

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Chen Jia Qi
4.53 (59)
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Logan MT5
Thierry Ouellet
5 (6)
LIMITED TIME OFFER AT 249$ Price will go up at  499$ on July 24th! Logan MT5 isn't your typical Gold Grid EA that blindly opens trade after trade, consuming your margin and putting your capital at unnecessary risk. Instead, it patiently waits for high-probability entry opportunities and uses an intelligent recovery system that combines ATR-based grid spacing with dynamic lot progression . This allows it to withstand adverse market movements that would wipe out most conventional grid EAs—includ
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Andrii Soma
5 (2)
SomaOil è un Expert Advisor multi-strategia di breakout per MetaTrader 5, realizzato esclusivamente per il petrolio greggio WTI (XTIUSD). Un grafico, un EA, 20 strategie indipendenti che operano insieme come un unico portafoglio diversificato. Segnale live. Per renderlo accessibile al lancio uso un modello di prezzo a scalini trasparente: Prezzo di lancio: 100 USD (48 ore) Da lunedì il prezzo aumenta di 100 USD ogni 10 copie vendute Gli aumenti di prezzo avvengono al massimo una volta al giorno,
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Jimmy Peter Eriksson
3.94 (34)
AGGIORNAMENTO - RIMANGONO SOLO POCHE COPIE A QUESTO PREZZO! L'obiettivo principale di questo sistema è garantire prestazioni ottimali a lungo termine senza ricorrere a strategie di martingala o a griglie rischiose.  COPIE MOLTO LIMITATE AL PREZZO ATTUALE Prezzo finale $1499 [Segnale in diretta]    |    [Risultati del backtest]    |    [Guida all'installazione]    |    [Risultati FTMO] Un approccio diverso al trading Pulse Engine non utilizza indicatori o intervalli temporali specifici. Il suo a
Wave Rider EA MT5
Adam Hrncir
4.88 (42)
Scalper speed with sniper entries. Built for Gold. Wave Rider 5.0 is out (see  Announcement ) $499 for a limited time  before the regular $599 price kicks in. Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new preset because older sets or templates may not restore every option. New version runs best on VT Markets, Vantage, B
Quantum Emperor MT5
Bogdan Ion Puscasu
4.86 (507)
Presentazione       Quantum Emperor EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui fai trading sulla prestigiosa coppia GBPUSD! Sviluppato da un team di trader esperti con esperienza di trading di oltre 13 anni. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Acquista Quantum Emperor EA e potresti ottenere Quantum StarMan     gratis!*** Chiedi in privato per maggiori dettagli Segn
BB Return mt5
Leonid Arkhipov
4.48 (124)
BB Return — un Expert Advisor (EA) per il trading dell’oro (XAUUSD). Questa idea di trading è stata utilizzata in precedenza da me nel trading manuale . Il cuore della strategia è il ritorno del prezzo all’interno del range delle Bollinger Bands , ma non in modo meccanico né a ogni contatto. Nel mercato dell’oro le bande da sole non sono sufficienti, per questo l’EA utilizza filtri aggiuntivi che eliminano condizioni di mercato deboli o non operative. Le operazioni vengono aperte solo quando la
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Farzad Saadatinia
5 (3)
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Quantum Bitcoin EA
Bogdan Ion Puscasu
4.77 (128)
Quantum Bitcoin EA   : niente è impossibile, è solo questione di capire come farlo! Entra nel futuro del trading   di Bitcoin   con   Quantum Bitcoin EA   , l'ultimo capolavoro di uno dei migliori venditori di MQL5. Progettato per i trader che richiedono prestazioni, precisione e stabilità, Quantum Bitcoin ridefinisce ciò che è possibile nel mondo volatile delle criptovalute. IMPORTANTE!   Dopo l'acquisto, inviami un messaggio privato per ricevere il manuale di installazione e le istruzioni d
Impulse MT5
Simon Reeves
5 (13)
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Launch offer: 30% off until 26th July   — to celebrate the v2.00 release, Impulse is available at a 30% discount. On 26th July the price reverts to $499, so grab it while the offer lasts. Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and elevates
XG Gold Robot MT5
MQL TOOLS SL
4.27 (112)
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
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Rob Josephus Maria Janssen
4.57 (46)
Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
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Vladimir Mametov
5 (2)
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Lars Laeremans
5 (6)
VEX 2.00 is here. Now prop firm ready. 4 Months stable Live signal Now upgraded with an optional Prop Firm Mode. No grid. No martingale. One position at a time Live Trading Signal: BlackBull Live Signal   Blackbull High Risk Signal New public channel with upcoming updates and broker-by-broker comparisons https://www.mql5.com/en/channels/vexgoldea Setup instructions and usage guidelines View user manual Defined rules. Fixed risk. One position at a time. No AI, no machine learning, no
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Vincent Vandeyua Orya
Master Your Market Analysis with Isheguve Trend Scout!  Tired of manually drawing trend lines and missing key market shifts?    Isheguve Trend Scout is an MQL5 utility app designed to give you an edge by automatically identifying and plotting trend lines on your chart.   Why Choose Isheguve Trend Scout?  Effortless Trend Detection: Stop guessing and let the app do the work for you. Trend Scout Pro intelligently analyzes historical price data to find significant swing points and automa
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Guida Utente: ISHEGUVE Crash Trader (Versione Semplificata di ISHEGUVE Smart Trader) 1. Introduzione a ISHEGUVE Crash Trader ISHEGUVE Crash Trader è un sistema di trading automatizzato progettato specificamente per operare sul Crash Index, uno degli indici sintetici. Questi indici simulano i movimenti del mercato reale e sono disponibili su piattaforme come Deriv.com . Questo Expert Advisor (EA) è una versione semplificata di ISHEGUVE Smart Trader, focalizzata sulle funzionalità principali per
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