Irisha Scalper Advisor

The "Irisha" is an Expert Advisor, in which we attempted to implement the ability of trading on smaller timeframes (1-15 minutes). The main idea lies in opening frequent trades and in the ability to "cover" losing trades with profitable ones. However, we had to resort to the Martingale strategy to implement the idea. Due to this, it is recommended to have a large deposit and/or cent account for using this EA.

Operation of the EA on a live account can be evaluated here: https://www.mql5.com/en/signals/229380


Trading Strategy

  • The Moving Average (МА) indicator serves as the signal for opening positions. If the opening price of the candle is below the MA and the closing price is above the MA, this is considered to be a buy signal.
  • The Relative Strength Index (RSI) indicator is used as the signal filter. If the value of the RSI indicator is lower than 30, and a buy signal was received from the MA indicator, a buy order is opened.
  • Change in the direction of market movement. In case the market changes direction after an order is opened, a new buy order will be opened but with an increased lot size.
  • Optimal profit level. In case more than one order is opened, the EA calculates the price level, after reaching which the profitable orders cover the unprofitable ones with the minimum profit percentage.
A Pro or ECN (Market/Instant Execution) account with a spread size of 0 to 2 points (but not greater than 2.5) is recommended for the correct operation of the EA on 5 digit quotes.


Input Parameters

The following list describes the input parameters of the EA that can be modified and optimized:

  • MAGIC (MAGIC number) - identifier of the EA's orders;
  • Trade (Trade) - if this parameter is set to false, the EA will not open new orders once all orders are closed by TP or SL;
  • (ON Filter RSI) - if set to false, the RSI indicator values are not taken into account;
  • Add_Order_Signal (Add new order signal) - if set to true, the new order will be opened by signal when the distance between the price and the initial order level is greater than the value of Step;
  • Lots (Initial Lot Size) - lot size of the initial order;
  • LotExponent (Multiplication, odds lot) - multiplier for the volumes of subsequent orders;
  • TakeProfit (Profit level (in points)) - take profit level;
  • StopLoss (Loss level (in points)) - stop loss level;
  • Step (Distance between orders (in points)) - the minimum distance between orders;
  • MaxOrders (Maximum number of open orders) - the maximum number of opened orders.

You can also adjust the parameters of the Moving Average and Relative Strength Index (such as period, price type, shift, MA method) according to your needs.

The settings of the Moving Average indicator contain the MA_MODE (Definition mode) parameter. It sets the type of the MA indicator usage and has the following options:

  • Intersection - signal is generated when a candle crosses the indicator line;
  • Price - signal is generated when the price is located above or below the indicator line;
  • Directing - signal is generated by the direction of the indicator line;

Settings of the Relative Strength Index include the parameters for overbought (Level overbought) and oversold (Level oversold) levels, and also the RSI_MODE (Definition mode) parameter, it defines the usage type of the RSI indicator for calculation, which has the following options:

  • NONE - oversold area above 50, overbought area below 50;
  • Levels - oversold area above the 'Level overbought' parameter, overbought area below the 'Level oversold' parameter;
  • NeutralZone - trades will be opened only when the RSI value is between the values of 'Level overbought' and 'Level oversold' parameters;
  • Trend - determines the direction of the RSI indicator (Example: if the opening RSI (оRSI) is below the closing RSI (cRSI), the trend is ascending. If the opening RSI (оRSI) is above the closing RSI (cRSI), the trend is descending);
  • TrendLevels - uptrend based on the RSI indicator is above the 'Level overbought' parameter, the downtrend based on the RSI indicator is below the 'Level oversold' parameter;
  • TrendNeutralZone - uptrend or downtrend based on the RSI indicator is between the values of 'Level overbought' and 'Level oversold' parameters.
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Ianina Nadirova
5 (1)
Recovery Manager Pro è un sistema per recuperare i prelievi da altri consulenti o da ordini aperti manualmente. RM Pro ha la capacità di adattarsi automaticamente in modo dinamico. Il trader deve selezionare il livello di rischio e il consulente lavorerà in modalità completamente automatica. Può funzionare in modalità di recupero prelievo e in modalità standby! Se un altro consulente genera un prelievo, RM Pro lo disabiliterà, bloccherà la posizione e avvierà il processo di ripristino del depos
This expert use grid and advanced DCA and martingale strategy. The strategy used by Fund Manager by our country. Use with pair AUDCAD, with   timeframe M5   it can survive 2015-Nov 2024.  DrawDown Max from 2019-2025 15k USD for both pair It works well in other Pairs in   m15: AUDCAD, EURJPY Use proper money management, use money that you can loose, withdraw your profit. This strategy can make good profit if you use good money management. Use the balance minimum of 2k-3k. Use default setting .
EA Golden SIN-TIANG is a robust trading strategy designed for XAUUSD or GOLD and H4 time frame. The EA creates pending stop trade orders using indicators of the Highest-Lowest, Hight , Low parameters based on the market environment. It uses fixed SL, PT and exit from the position after time cut off. The EA was tested with several Monte Carlo robustness tests and optimized. Backtest was done on ticks data with a 15-year history 2007-20023. There is no need to set any parameters, all settings are
XIRO Robot MT4
MQL TOOLS SL
5 (6)
XIRO Robot is a   professional trading system   created to operate on two of the most popular and liquid instruments on the market:  GBPUSD,  XAUUSD and BTCUSD . We combined two proven and well tested systems, enhanced them with multiple new improvements, optimizations and additional protective mechanisms, and integrated everything into one advanced and unified solution. As a result of this development process, XIRO Robot was created. Robot was designed for traders who are looking for a reliable
Gold Trade Pro
Profalgo Limited
4.61 (23)
Promo lancio! Sono rimaste solo poche copie a 449$! Prossimo prezzo: 599$ Prezzo finale: 999$ Ottieni 1 EA gratis (per 2 account commerciali) -> contattami dopo l'acquisto Ultimate Combo Deal   ->   click here New live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro si unisce al club degli EA che commerciano oro, ma con una grand
Wall Street Robot MT4
MQL TOOLS SL
5 (1)
Wall Street Robot is a   professional trading system   developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to oper
Golden Mirage mt4
Michela Russo
5 (9)
Limited stock at the current price! Final price: $1999 --> PROMO: From $299 --> The price will go up every 5 purchases, next price : $399 Golden Mirage is a robust gold trading robot designed for traders who value reliability, simplicity, and professional-grade performance. Powered by a proven combination of RSI, Moving Average,  ADX, and High/Low Level  indicators, Golden Mirage delivers high-quality signals and fully automated trading on the M5 timeframe for XAUUSD (GOLD) . It features a robu
GoldPro
Sergey Batudayev
5 (2)
GoldPro (MT4) — Consulente esperto XAUUSD con 2 modalità selezionabili: Classica e Scalping GoldPro è un sistema di trading automatizzato per   XAUUSD (oro)   pensato per i trader che desiderano struttura, chiari controlli del rischio e un EA in grado di funzionare in diversi ritmi di mercato. All'interno di un EA puoi scegliere   come operare   : 1) Modalità classica: logica calma per swing e pullback Un approccio classico incentrato sul comportamento di inversione/reversione alla media (ingres
Trend Catcher Exp
Ramil Minniakhmetov
Trend Catcher EA analizza i movimenti dei prezzi di mercato utilizzando indicatori di analisi del trend adattivi, proprietari e personalizzati dall'autore. Identifica la vera direzione del mercato filtrando il rumore di breve termine e concentrandosi sulla forza del momentum sottostante, sull'espansione della volatilità e sul comportamento della struttura dei prezzi. Combinando le capacità di smoothing e di filtraggio del trend di indicatori personalizzati come medie mobili, RSI e filtri di vol
Golderon MT4
Vladimir Pokora
Golderon EA – A Specialized Algorithmic Trading System for Gold (XAU/USD) MT5 version here Introducing Golderon EA , a fully automated trading system (Expert Advisor) meticulously engineered for trading gold (XAU/USD). This expert system is the result of extensive research, advanced algorithmic modeling, and precise optimization based on over ten years of real historical market data. Golderon EA implements an intradaily swing trading strategy , optimized for M15, M30, and H1 timeframes , ident
Dark Algo
Marco Solito
4.66 (67)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd and Gbpusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market
Quantum Pips AI MT4
Rodrigo Arana Garcia
5 (5)
Benvenuti a Quantum Pips AI, un consulente esperto di nuova generazione! Solo 2/5 copie saranno vendute a questo prezzo. In seguito il prezzo aumenterà automaticamente per assicurarsi che le prestazioni del robot siano adeguate ai conti reali. Contattatemi dopo l'acquisto e riceverete un indicatore gratuito (del valore di oltre 65$). Quantum Pips AI è un Expert Advisor all'avanguardia meticolosamente progettato per trarre profitto dal mercato forex. Questo sistema intelligente si avvale di un'an
Altri dall’autore
The "Karina" Expert Advisor trades based on the signals of the Several Moving Average indicator and "averaging" of the open orders. The signals are filtered based on the Relative Strength Index indicator. The TakeProfit(TP) level is set when opening the first deal. If the market reverses, new orders will be opened in the direction of the first order, followed by "covering" of losing orders with profitable ones. It is recommended to have a large deposit and/or cent account in order to use this EA
Puria Advisor
Dmitriy Kudryashov
5 (1)
The Expert Advisor follows Puria trading method. RSI is used for sorting out signals. Also, the EA implements the averaging function. Trading strategy Three Moving Average (МА) indicators combined with Moving Averages Convergence/Divergence (MACD) provide market entry signals . Sell as soon as First MA crosses Second MA and Third MA below and confirmation from MACD arrives (one bar has closed below the zero level). The Relative Strength Index (RSI) indicator is used as the signal filter . If RS
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