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RMI Scalper EA

The RMI Scalper EA is a fully automated Expert Advisor that trades pullbacks from the major trend using RMI and limited averaging. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY, EURUSD, GBPUSD, USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP and EURJPY using the M30 timeframe and has the option to trade multiple pairs but only one pair at any one time to increase trade frequency without increasing draw down. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings.

Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex

Features

  • Fully automated
  • Not sensitive to spread
  • Risk Money Management
  • Works on any account size
  • Always a stop loss in place
  • Hedge accounts only
  • This system has the option to be NFA/FIFO compliant
  • No Grids
  • No Martingale
  • All you need is a VPS


Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots - Number of fixed lots per trade if money management is off. Values from 0.01 to 50.0.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • MoneyManagement - If turned on trade lot sizes are calculated on account risk, true/false.
  • MoneyManagementRisk - Risk per trade if money management is on. Values from 0.01 to 0.1.
  • AllowNewTrades - Turn this of to disable new trades, true/false.
  • AccountProfitLock - If money management is on the EA will stop trading if the account balance drops to this fraction of the maximum account balance (0.5 = 50% of account balance). Values from 0.0 to 1.0.
  • NFA_FIFOCompliant - Turn this on if you need this to be NFA and FIFO compliant, true/false.
  • MultiPairSingleTrade - Turn this on to trade multiple pairs (Multiple chart windows with this EA attached) but limit to only having trades open on one pair at a time, increases trade frequency without increasing draw down, true/false.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • Trend1TimeFrame - Timeframe drop-down selection for the first trend detection.
  • Trend2TimeFrame - Timeframe drop-down selection for the second trend detection.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • TakeProfit - The take profit (Setting to 0 disables). Values from 0 to 200 depending on the pair being traded.
  • StopLoss - The fixed stop loss visible to the broker - Values 25 to 4000 depending on the pair being traded, should be high when averaging is enabled.
  • Averaging - If turned on averaging is used to recover negative trades, true/false.
  • AveragingStep - The negative move in pips against the current trade to trigger the next averaging trade. Values 5 to 100.
  • AveragingBars - The number of bars from previous trade before AveragingStep gets ignored. Values 1 to 1000.
  • AveragingMultiplier - The lot multiplier for averaging trades. Values 1.0 to 2.0.
  • AveragingCount - The maximum open trades before the trade group is considered a loss and closed. Values 1 to 20.
  • BreakEven - If turned on a break even is performed, true/false.
  • BreakEvenStartPips - The number of pips before break even is performed. Values 1 to 100.
  • BreakEvenPips - The number of pips infront of position open to place the stop loss. Values 0 to 100.
  • TrailingBars - A trailing stop is performed based on this number of previous bars (Setting to 0 disables). Values 0 to 10.
  • TrailingBarsTimeFrame - Timeframe drop-down selection for trailing stop bars.
  • MinTrailingStopLoss - The minimum stop loss distance when trailing stops are enabled. Values 0 to 100.
  • RMIPeriod - The RMI period. Values 2 to 50.
  • MomPeriod - The momentum period used to calculate RMI. Values 2 to 50.
  • RMIThreshold - The RMI threshold, the smaller the value the less trades will be triggered. Values 5 to 45.


Optimization & Defaults

Default input values are for USDCAD M30. If optimizing, optimization of TakeProfit, AveragingStep, AveragingMultiplier and AveragingCount are needed to find the best results.

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DO IT MT5 - it is a Secure Automated Software for generation of daily profits for Forex market and indices. The architecture is a Fully Automatic Autonomous Robot Expert capable of ⭐⭐⭐⭐⭐   independently analyzing the market and making trading decisions   ⭐⭐⭐⭐⭐ The Trading system is Multi-currency and is able to trade on charts:  EURUSD, USDJPY, GBPUSD, DAX30, GOLD, SPX500  🔥   The Best and Latest settings for DOIT v9.77        🔥  🔥  You Can additionally contact me Instagram          🔥 
490 USD
Gold and Currencies Super Trends Crawler
Hesham Ahmed Kamal Barakat
Trends Super Crawler MQL5 MetaTrader Expert Advisor - Gold and currencies Auto Trader Robot This is a Trends Super Crawler expert Advisor for trading Gold and Currencies, using MetaTrader5 platform. This code is capable of working with any timeframe. With very minimal losses close to 1% DrawDown. Starting with as low as $1000. Multi Position system and Scaling system are available for multiplications of positions and lots, which kick in after a certain balance is reached.
3 700 USD
Exp5 The xCustomEA for MT5
Vladislav Andruschenko
Consultor de negociação universal em indicadores personalizados para o  MetaTrader 5  . Construtor de estratégia Versão para MetaTrader4:  A  versão  xCustomEA   para o terminal MetaTrader 4 A funcionalidade do consultor de negociação universal O xCustomEA duplica exatamente todos os parâmetros do nosso consultor  The X,  exceto um: O xCustomEA  funciona com um indicador personalizado e tem a capacidade de programar sua própria estratégia de negociação para terminais MT5. O xCustomEA  possui um
499 USD
Stock Trader Pro MT5
Ivan Pochta
Stock Trader Pro v.1.1 Launch Promo 5 / 5 additional copies by price $750 Next Price $990 Normal Price $1250 Stock Trader Pro   is a fully automated trading advisor designed to work in the   Stock Markets , in particular, to trade shares of the largest companies in the   US Stock Market . The system is based on the author’s trading strategy. Unlike Forex systems,   Stock Trader Pro     opens only LONG positions on the global trend on price pullbacks (corrections), analyzing data from several ti
750 USD
EA Gold Stuff mt5
Vasiliy Strukov
EA Gold Stuff mt5   is an Expert Advisor designed specifically for trading gold. The operation is based on opening orders using the   Gold Stuff mt5   indicator, thus the EA works according to the "Trend Follow" strategy, which means following the trend. For Expert Advisor need hedge type account  Real-time results can be viewed  here . Telegram group  here  telegram channel  here  SETTINGS Open new series -  on / off beginning of a new series of orders. Start lots -  start lot. Trade Buy -  al
50 USD
Aint No Trend MT5
Evgeniy Scherbina
Ain't No Trend is a neural advisor trained to trade with 15 symbols: AUDUSD, CADJPY, EURJPY, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, USDNOK, USDSEK, USDSGD, XAUUSD (or GOLD). If your symbols have a suffix (ex: EURUSD_i), you should set the value of Suffix accordingly. Otherwise the advisor will not work. The advisor uses target levels incorporated in its body. You cannot change them because they were part of the training process. You can set your stoploss. Attention! The
125 USD
EA Red Dragon MT5
Ruslan Pishun
The Expert Advisor uses the strategy based on the breakdown of the most important support and resistance levels. Adaptive trade trailing algorithm is used. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA integrates a system of partial position closure during slippages (can be configured). It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the
68 USD
Harold MT5
Aleksandr Sosnovskiy
Harold MT5   This is a new expert advisor with in-depth training based on artificial intelligence. MT5 version of my other   EA . I've named my advisor like Harold because of a good friend who gave me an idea to improve the mechanics EA. The avatar depicts Harold as a Viking because he is from Sweden. For using EA I can recommend following currency pairs:   EURUSD,USDCHF,USDCAD,GBPUSD . I t was trained on  FX OPEN  server. Recommended timeframe  H1 .  This EA uses neural network for trading. T
79 USD
GOLD EAgle mt5
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!!   🏃   🏃   🏃   This GOLD EAgle is created for the XAUUSD (GOLD). This is a trend strategy that uses the   TrendLine PRO   indicator and trades on the M1-M15 timeframes Video (Auto and Manual trading): here    BLOG of GOLD EAgle:  here The EA has a mobile trading panel for managing auto-trading functions and the ability to open trades manually. All trades opened by the trader in manual mode will be closed with a profit using the DD Reduce Functions
98 USD
EA Idea Pro mt5
Vasiliy Strukov
⭐⭐⭐⭐⭐ I am glad to welcome you on the page of my product - I am its author Vasily Strukov.⭐⭐⭐⭐⭐ The EA is simple and convenient to use - just attach it with the default settings on eurusd gbpusd nzdusd audusd m5. For best results, it is recommended to cancel the direction of trade on the EA panel on the chart - "trade buy" (green color on the panel will mean that the EA is allowed to buy, red that is prohibited) or "trade sell" (similarly). My settings always pinned at telegram group I determine
50 USD
SharkEA MT5
SERGEI RIEBIN
LAUNCH PROMO: ONLY 3 COPIES OUT OF 10 LEFT AT $349! Next price:        $399 Final price:        $599 This robot goes with   short term trends   that are typical for liquid markets such as Forex. It uses   mean reversion   principle together with   careful filtering   of entries and advanced  «smart»  price tracking algorithm   to maximise win rate while keeping risks at bay. It is intended for   long term use   only. It is more suitable for experienced users. Lots of settings for customization.
349 USD
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Versão 1.2 2018.07.06
FIxed bug when restarting MetaTrader.