Scorpion Grid

5

Multi-currency grid Expert Advisor, in most cases it receives quite accurate entries. If an entry is not accurate enough, the positions are managed using an elaborate martingale strategy.

Work on real account: http://tiny.cc/nkaqmz

Entries are performed using the signals of RSI and Stochastic indicators, in the overbought/oversold areas, plus additional entry conditions based on a proprietary algorithm.

Recommended timeframe - М15.

The EA features a drawdown management system, which takes into account all open orders, not only the ones opened by this EA.
This system prohibits opening the first order for a currency pair if:

  • The maximum drawdown on the account reached
  • One of the currencies already has deals in this direction
  • Exceeded the number of orders for one currency
  • Exceeded the number of currency pairs with open orders

The grids already started will be continued, the filter does not affect them. All filters are disabled, see "Other settings"


Input parameters

  • MagicNumber – magic number, identification number for a symbol.
  • slip – slippage
  • Lots – lot size
  • DepoPer001Lot – automatic lot calculation (specify amount per 0.01 lot) (if 0, the value from 'Lots' parameter is used)
  • LotExponent – Multiplier for the lot of the current opened order in the grid
  • BaseLotLevelCount – The number of legs to be sequentially opened with a base lot
  • PipStep – Minimum allowed distance between the grid orders
  • GridAvgComissionSwap – Take the commission and swap into account during the calculation of breakeven level for the grid
  • MaxTrades – The maximum number of averaging legs
  • TakeProfit – Base take profit
  • Lvl1 – № of the order (leg), starting from which the TakeProfit will be equal to TPS1
  • TPS1 – Take profit after opening Lvl1 leg
  • Lvl2 – № of the order (leg), starting from which the TakeProfit will be equal to TPS2
  • TPS2 – Take profit after opening Lvl2 leg
  • TrailStart – The number of points to start the trailing stop
  • TrailStop – Distance from the current price (points), at which the stop loss is moved after trailing is activated (TrailStop=0 disabled)
  • TrailLvl1 – № of the order (leg), starting from which the TrailStart and TrailStop will be adjusted, similar to Lvl1 and TPS2

Entry Settings

  • PeriodRSI – period of the RSI indicator
  • RsiChannel – width of the channel, when exceeded the entry conditions will be checked, at 20 it is 70/30 (50+20/50-20)
  • KPeriod – Period (number of bars) to calculate the %K line of the stochastic
  • DPeriod – Averaging period to calculate the %D line of the stochastic
  • Slowing – Slowing value of the stochastic
  • StochChannel – width of the channel, when exceeded the entry conditions will be checked, similar to RSI

Locking settings

  • LockAfterSeriesCount – № of the order (leg), starting from which a locking order will be opened
  • LockGridPercent – Percentage of the grid to cover with the locking order

Other Settings

  • SMaxDrawdownPercent – Drawdown percentage, if exceeded the averaging orders will not be opened
  • MaxSpread – Maximum spread
  • MinLeverage - Minimum leverage to open the first order
  • MaxDrawdownPercent - Drawdown percentage, if exceeded the first orders will not be opened, the already started grids will be continued
  • SeriesFilter – Filter of averaging orders
    • Disable – disabled
    • OpenClose – Average when the Open of the current candle is higher than the Close of the previous for buy order and vice versa for sell orders
    • CandlePattern – Average only when a reversal candlestick pattern, similar to pin bar, appears
    • RSI – Average only in the overbought/oversold areas
  • Currency Filter – filter for opening trades by currency, if it already has deals open in that direction. For example, opened BUY on EURUSD, then suspend opening BUY deals on others currencies that contain EUR, and USD for SELL deals
  • StopByMaxOrdersOneSymbol - filter for opening deals, if the number of open orders on one of the currency pairs exceeds this value.
  • StopByMaxSymbolTrades - filter for opening deals, if the number of currency pairs with open deals exceeds this value.
  • Close at drawdown, % - Close at drawdown on the current currency pair. If the value is 0, it is disabled.

Parameters are set in new points, on four-digits they are automatically divided by 10

Recensioni 2
uramt
410
uramt 2019.02.12 12:02 
 

I mainly use this ea.

Francisco Reyes
792
Francisco Reyes 2017.05.04 09:31 
 

Good EA. Under DD. And good support from Evgenii. Great job. Waiting for the new version.

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Davit Beridze
5 (3)
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MQL TOOLS SL
5 (16)
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Quant Blade MT4
Andrey Barinov
Quant Blade is a professional trading solution built on advanced Pattern Recognition with elements of Machine Learning and Neural Networks . It calculates future price move probabilities , displays projections directly on the chart, and trades based on them. Highlights Prop Firm Ready => advanced PropFirm risk panel with color-coded warnings and recommendations Institution-grade analytics => high quality forecasting / projections and market condition filtering No Grid, No Martingale => only one
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Felipe Jose Costa Pereira
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AW Recovery EA
AW Trading Software Limited
4.35 (84)
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Ebrahim Mohamed Ahmed Maiyas
5 (1)
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Burak Baltaci
3 (2)
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Stanislav Tomilov
4.6 (20)
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Syarief Azman Bin Rosli
4 (3)
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Forex Diamond EA
Lachezar Krastev
5 (5)
WINTER SALE — FINAL DAYS! Get Forex Diamond EA with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Sale Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO  A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Forex Diamond EA – Relia
XAU Flux MT4
Burak Baltaci
1 (1)
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Altri dall’autore
RebateSystem
Evgenii Kuznetsov
2.88 (8)
Rebate System performs a large number of trades with the minimum profit, which gives the opportunity to earn from receiving rebates (returning part of a spread). It is based on two grids (buy and sell), when one of them is in a drawdown, the other one can enter with an increased lot size, keeping the account away from the drawdown. It features a news filter, which prevents the possibility of getting into a trend without rollback caused by news releases. The default parameters are for   EURUSD  
Rebate System
Evgenii Kuznetsov
4.16 (19)
Rebate System performs a large number of trades with the minimum profit, which gives the opportunity to earn from receiving rebates (returning part of a spread). It is based on two grids (buy and sell), when one of them is in a drawdown, the other one can enter with an increased lot size, keeping the account away from the drawdown. It features a news filter, which prevents the possibility of getting into a trend without rollback caused by news releases. The default parameters are for EURUSD and
Quiet Moon
Evgenii Kuznetsov
4 (23)
Multicurrency scalper, works at night time, performing short trades during low volatility. For trading to be profitable, a broker with low night spreads is required. Working timeframe: M15 Working on a real account: Type2  https://www.mql5.com/en/signals/245053 Mix  https://www.mql5.com/en/signals/363093 Recovery Mix   https://www.mql5.com/en/signals/493519 set files - see signal description Installation instruction  https://www.mql5.com/ru/blogs/post/721443 Input parameters MagicNumber – magi
Trend Magnete
Evgenii Kuznetsov
3.75 (4)
The Expert Advisor tries to enter the market at the beginning of a trend. If the price moves in the unfavorable direction, the EA hedges the deal by placing an opposite order with a larger volume. The EA will change direction in the course of the trend until it is captured. The minimum distance for changing direction is specified by the Min Turn Step parameter, the actual distance can be longer and depends on the current volatility, it is controlled by the Mult Factor Next Orders parameter. The
PairsTrading
Evgenii Kuznetsov
3.67 (9)
The EA identifies divergences in two correlated currency pairs and trades in the direction where they converge back. Working timeframe: M30 Input parameters MagicNumber - identification number for the EA. OrdersComment - comment to order, automatic if an empty value is set. Lots - lot size. DepoPer001Lot - automatic lot calculation (specify the balance per 0.01 lot) (if 0, the value from 'Lots' parameter is used). TimeFrame - working timeframe. Symbol #2 - correlated currency. Symbol #2 reverse
Rebate System Overlap
Evgenii Kuznetsov
3 (2)
Rebate System performs a large number of trades with the minimum profit, which gives the opportunity to earn from receiving rebates (returning part of a spread). It is based on two grids (buy and sell), when one of them is in a drawdown, the other one can enter with an increased lot size, keeping the account away from the drawdown. Differences from the usual EA Rebate System in the mode of closing long-term losing trades in one of the grids due to the previously received profit. Input parameters
ScorpionGrid
Evgenii Kuznetsov
5 (3)
Multi-currency grid Expert Advisor, in most cases it receives quite accurate entries. If an entry is not accurate enough, the positions are managed using an elaborate martingale strategy. Work on real account:  http://tiny.cc/nkaqmz Entries are performed using the signals of RSI and Stochastic indicators, in the overbought/oversold areas, plus additional entry conditions based on a proprietary algorithm. Recommended timeframe - М15. Input parameters SetName - name of the current settings file Ma
Quiet Moon MT5
Evgenii Kuznetsov
3.25 (4)
Multicurrency scalper, works at night time, performing short trades during low volatility. For trading to be profitable, a broker with low night spreads is required. Working timeframe: M15 Working on a real account: Type2  https://www.mql5.com/en/signals/245053 Mix  https://www.mql5.com/en/signals/363093 Settings - in the description of the signal Installation instruction: https://www.mql5.com/ru/blogs/post/721443 Input parameters MagicNumber – magic number, identification number for a symbol.
PairsTrading MT5
Evgenii Kuznetsov
The EA identifies divergences in two correlated currency pairs and trades in the direction where they converge back. Working timeframe: M30 Input parameters MagicNumber - identification number for the EA. OrdersComment - comment to order, automatic if an empty value is set. Lots - lot size. DepoPer001Lot - automatic lot calculation (specify the balance per 0.01 lot) (if 0, the value from 'Lots' parameter is used). TimeFrame - working timeframe. Symbol #2 - correlated currency. Symbol #2 reverse
RebateSystem Overlap
Evgenii Kuznetsov
3 (3)
Rebate System performs a large number of trades with the minimum profit, which gives the opportunity to earn from receiving rebates (returning part of a spread). It is based on two grids (buy and sell), when one of them is in a drawdown, the other one can enter with an increased lot size, keeping the account away from the drawdown. Differences from the usual EA Rebate System in the mode of closing long-term losing trades in one of the grids due to the previously received profit. Input parameters
Filtro:
uramt
410
uramt 2019.02.12 12:02 
 

I mainly use this ea.

Francisco Reyes
792
Francisco Reyes 2017.05.04 09:31 
 

Good EA. Under DD. And good support from Evgenii. Great job. Waiting for the new version.

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