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Otter Scalper

Otter Scalper is a 100% automated trading robot. It uses a very effective breakout strategy. The money management is automatic. A position is taken when a high or low is reached. The position is secured as soon as possible and followed with a trailing stop loss.


As the average profit is small, it is advisable to trade with a small spread. The performance of the robot can therefore change depending on your broker. It is also strongly recommended not to use this robot if your broker uses commissions. These will prevent you from winning on the long term because they are too important for the gains per trade.


Feel free to share your different settings with others in the comments if you think they are better.


Advice : 

Trading pairs EURUSD, USDJPY
Timeframe H1
Minimum deposit 
 500$


Settings :

Order managment :

Take profit = Number of take profit points above the entry price

Stop loss = Number of stop loss points below the entry price

Trailling stop [0=off] = Maximum number of stop loss points below the price once triggered

Trailling stop start [0=off] = Number of points above or below the price to trigger the trailing stop loss 

Increase trailling stop [0=off] = Increase in trailing stop loss in points

Increase trailling stop if price up [0=off] = Increase in trailing stop loss if price gains x points

Max increase trailling stop = Maximum increase in trailing stop loss

New order if further price = Move the price in points away from the highest or lowest to add a new order

Fixed lot ? = Activation of a fixed or risk-based lot

Fixed lot = Fixed lot size

Risk % = Risk by position


Time filter :

Time filter = Activation of the robot for certain hours

Start hour = Start hour of the robot

Start Minute = Start minuteof the robot

End hour = Hour to stop the robot

End minute = Minute to stop the robot

Close trades Friday = Close trades at the end of the week

Close hour = Hour for closing trades

Close minute = Minutes for closing trades


Other settings :

Magic number = Identification of the robot

On new candle = New order only on new candles

Candles before exhaling = Number of candles before expiration of the orders

Range candles higher lower = Range for higher/lower

Lose max by days % = Maximum loss per day

Comment = Activation of comments


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Acquista non un backtest, ma un vero sistema di trading:  Live Signal 1     Live Signal 2 Questo prezzo è temporaneo per la durata della promozione e verrà aumentato a breve Prezzo finale: 5000 $ Sono rimaste solo poche copie al prezzo attuale, il prezzo successivo è -->> 500 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! Questo è il primo robot più intelligente che scambia oro o XAU con coppie complete come XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD e XAUCNH! Controllo
Quantum Trade EA MT5
Bogdan Ion Puscasu
4.8 (138)
Experts
Presentazione       Quantum Trade 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 un'esperienza di trading di oltre 13 anni, Quantum Trade       EA è progettato per spingere il tuo viaggio di trading a nuovi livelli con la sua strategia innovativa e dinamica della zona di breakout. IMPORTANTE! Dopo l'acquisto inviatemi un messaggio privato per ricevere il manuale di installa
Daytrade Pro Algo MT5
Profalgo Limited
4.5 (10)
Experts
Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipendente dal broker Si sviluppa indipendente Mostra backtest mol
Way To Stars MT5
Wei Tu
Experts
Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i
Darwin Swing MT5
Guillaume Duportal
4.92 (38)
Experts
Darwin SWING Prezzo di lancio 999 USD, prezzo futuro 1490 USD DESCRIZIONI : -- Per capire come funziona, leggete il blog (Questo EA riflette la mia filosofia di trading sul forex... Se vi piace il mio modo di vedere le cose, allora vi piacerà il mio EA. Prendetevi il tempo per farlo! (Il Forex non è una gara): https://www.mql5.com/en/blogs/post/745790 -- Per vedere le performance passate ecco i link ai segnali Segnali live e demo: https://www.mql5.com/en/users/tradedeal/seller
AI NeuroX EA
Denis Kurnev
4.5 (14)
Experts
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Forex GOLD Investor MT5
Lachezar Krastev
4.88 (49)
Experts
SHOCK DEAL --> JUST RELEASED UPDATE + DISCOUNT + BONUS EA 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 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously to get the most successful results. You do not need to do any optimizations if you use the default settings
Gold Energy MT5
Gregory Hay
Experts
Benvenuto in GoldEnergy Advisors, un trader attivo della coppia XAUUSD(GOLD). Sviluppato dal nostro team, può essere utilizzato per conti generali, conti autofinanziati e operazioni autogestite. Non utilizzare l'HFT. See all products here:     https://www.mql5.com/en/users/fxmanagedforexltd/seller ***PREZZO DELLA VERSIONE PRECEDENTE*** Il profitto mensile medio in tempo reale per un conto da $ 1.000 è superiore al 30%   . :   https://www.mql5.com/es/signals/2212389 Il sistema GoldEnergy utilizza
DaVinci Code EA
Shintaseftiana
3.4 (5)
Experts
The price of this EA will be increased steadily, to limit the number of users trading with this system. The Current price is 2 copies left of 5 provided , next price 999 usd,    so come on hurry up Introducing DaVinci Code EA - the ultimate Expert Advisor that's out of this world! This cutting-edge EA operates on a super advanced system with Market Structure and OrderBlock, all set to skyrocket your trading success. Live Signal     |     Channel    |    Setfile Although DaVinci Code EA can ru
Hercules AI
Aleksandr Chebotaev
5 (4)
Experts
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
Altri dall’autore
Deer Ma
Esteban Thevenon
5 (1)
Experts
Deer Ma è un robot di trading altamente avanzato progettato per il trading efficiente nei mercati finanziari. Questo software completamente automatizzato utilizza due medie mobili e altri indicatori avanzati per analizzare i mercati e prendere decisioni di trading basate su strategie di scalping o trend . L'algoritmo all'avanguardia del software garantisce che possa identificare rapidamente e con precisione le operazioni, mentre le sue funzionalità avanzate di gestione del denaro consentono di m
EA Toolkit
Esteban Thevenon
librerie
EA Toolkit   is a library that allows any developer to quickly and easily program Advisor experts. It includes many functions and enumerations such as trailing stop, lot, stop loss management, market trading authorisations, price table updates, trading conditions and many more. Installation + Documentation : You will find all the information to install this library and the documentation of its functions on this GitHub : https://github.com/Venon282/Expert-Advisor-Toolkit WARNING : The installa
Otter Scalper Gold
Esteban Thevenon
Experts
Otter Scalper Gold è un consulente esperto che opera sulla strategia di breakout. L'EA rileva i massimi e i minimi basati su un intervallo specificato di candele e inserisce ordini Stop o Limit in base ad essi. Otter Scalper Gold fornisce diversi tipi di opzioni di stop loss, tra cui una vasta scelta di diversi stop loss per adattarsi alle tue strategie di trading. L'EA include avanzati sistemi di gestione del denaro e del rischio per aiutare a minimizzare le perdite e massimizzare i profitti. P
Filtro:
cansinc
56
cansinc 2023.02.28 12:03 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Shinji Tanaka
130
Shinji Tanaka 2023.02.01 00:18 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Esteban Thevenon
4009
Risposta dello sviluppatore Esteban Thevenon 2023.02.01 07:45
Hello, It is normal that the robot takes only small profits, it is all strategy. Please refer to the description of the robot. All the changes you mention are available in the settings
Joseph Nguyen
206
Joseph Nguyen 2023.01.25 19:37 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Konstantin
65
Konstantin 2023.01.24 23:26 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Esteban Thevenon
4009
Risposta dello sviluppatore Esteban Thevenon 2023.01.25 08:57
Thank you very much for your feedback. I have indeed spent a lot of time fine-tuning this robot even if it is not yet perfect. Be careful to understand its strategy and how it works before potentially trading with a real account.
Lis28872
262
Lis28872 2023.01.23 19:41 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Esteban Thevenon
4009
Risposta dello sviluppatore Esteban Thevenon 2023.01.23 21:14
Thank you very much for your review ^^
Not AizU
127
Not AizU 2023.01.20 20:53 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Esteban Thevenon
4009
Risposta dello sviluppatore Esteban Thevenon 2023.01.23 21:15
Hello, Thank you very much for this review.
There are several reasons for this:
-check that algorithmic trading is enabled
-Check that you only have this problem with this robot (if not, then it's an authorization problem on your MetaTrader)
-Check the "Journal" tab to see if you have any errors (wrong settings, not enough money, etc)
-Have a look at this site: http://fxcraft.biz/en/knowledge-base/why-your-ea-doesnt-work/
92179801
39
92179801 2023.01.16 12:09 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Esteban Thevenon
4009
Risposta dello sviluppatore Esteban Thevenon 2023.01.16 18:51
Hello, There are several reasons for this:
-check that algorithmic trading is enabled
-Check that you only have this problem with this robot (if not, then it's an authorization problem on your MetaTrader)
-Check the "Journal" tab to see if you have any errors (wrong settings, not enough money, etc)
-Have a look at this site: http://fxcraft.biz/en/knowledge-base/why-your-ea-doesnt-work/
30442893
29
30442893 2023.01.15 15:44 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Esteban Thevenon
4009
Risposta dello sviluppatore Esteban Thevenon 2023.01.16 08:43
Thank you very much for your review ! Okay, I will add an option for the volume ^^
Rispondi alla recensione
Versione 1.7 2024.01.31
- Daily max win
Versione 1.6 2023.01.31
-Improved comments
-Fixed the bug of cohabitation with several experts
Versione 1.4 2023.01.26
-Closing of positions on Fridays
Versione 1.3 2023.01.25
-Magic number added to the settings
Versione 1.2 2023.01.24
-Minor change
Versione 1.1 2023.01.16
-Adding fixed lots