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AlgoScalpPro MT5

5

The MT4 version of the expert Advisor is here - https://www.mql5.com/en/market/product/38643

Advanced scalper expert Advisor with loss recovery system. The EA has been tested from 2010 to the present day in various market conditions/periods (testing at an earlier period does not make sense, because spreads were very large and the market was very volatile). 

The results are close to real deals.

  • Always use stop loss
  • Martingale/ grid / hedging is not used, etc. (the recovery function uses lot increase 1 time)
  • Complies with FIFO rules
To test, you need a history of 500 bars

Recommended pair EURUSD. Timeframe H1.

Monitoring of real trading Advisor https://www.mql5.com/en/signals/author/bebikovi

Recommendations for risk (maximum) (recovery mode):

  • 1:500  -  Risk = 25;
  • 1:200  -  Risk = 10;
  • 1:100  -  Risk = 5;
  • 1:50   -  Risk = 2.5;
  • 1:30   -  Risk = 1.5;

Recommended - ECN/STP Broker with minimum stop Loss level 0-1 pips/spread 0-5 pips (5 digits) /VPS server.

Parameters

  • Magic Number - transaction ID;
  • Show Info Panel - show information panel.
  • EA Comment - comment to trades.
  • Risk (or "Lots">0 and "Risk"==0 or "Lots"==0 and "Risk">0) - lot size based on maximum risk per trade;
  • Lots (or "Lots">0 and "Risk"==0 or "Lots"==0 and "Risk">0) - fixed lot size;
  • Take Profit (in pips) - take-profit;
  • Stop Loss (in pips) - stop-loss;
  • Max Spread (in pips)  – control of the current maximum spread;
  • Buy Pending Shift (in pips) - shift to place a buy order;
  • Sell Pending Shift (in pips) - shift to place a sell order;
  • Winter GMT Offset - server winter time zone;
  • EA Start Hour - the hour to start work;
  • EA End Hour - end hour of work;
  • Friday End Time - time of finishing work on Friday;
  • Friday Start Time - time start work on Friday;
  • Minimal Profit for TrailingStop (in pips) - number of points required to start a trailing stop;
  • Trailing Stop (in pips) - the size of the trailing stop;
  • Trailing Step (in pips) - the step of the trailing stop;
  • Recovery mode (On/Off) – drawdown recovery function (on/off);
  • Multiple start recovery (trailing) – coefficient for trailing for recovery function;
  • Multiple lot for recovery mode – lot calculation factor for recovery function;
  • Loss point for activate Recovery - the size of the loss in points to activate Recovery mode;
  • Activate Recovery Force - forced activation of recovery mode.


Comentários 6
Bobomechanic
124
Bobomechanic 2023.12.26 06:06 
 

I've been using this EA for approximately six months, and I must say it performs admirably. The live results align consistently with the backtests, validating its effectiveness.

oto moto
310
oto moto 2023.04.11 19:12 
 

Works good. Resistant to all kinds of important news and falling liquidity in the market.

The main thing is to find a broker that does not interfere with scalping

Tobias James Pincock
2007
Tobias James Pincock 2021.08.20 05:06 
 

excellent EA, i purchased because ATS was performing well and this one performed even better. again excellent support from the author

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Bobomechanic
124
Bobomechanic 2023.12.26 06:06 
 

I've been using this EA for approximately six months, and I must say it performs admirably. The live results align consistently with the backtests, validating its effectiveness.

oto moto
310
oto moto 2023.04.11 19:12 
 

Works good. Resistant to all kinds of important news and falling liquidity in the market.

The main thing is to find a broker that does not interfere with scalping

Tobias James Pincock
2007
Tobias James Pincock 2021.08.20 05:06 
 

excellent EA, i purchased because ATS was performing well and this one performed even better. again excellent support from the author

JCJ
601
JCJ 2021.08.19 03:12 
 

100% real ticks back testing from 1 January 2020 to 14 August 2021 matching live results so far on EURUSD and AUDUSD with my broker. Very good and profitable breakout EA, working well.

Aleks S
683
Aleks S 2021.08.03 12:27 
 

After buying ATS EA from the same author and using it for months , i wanted to add AlgoScalp Pro to my portfolio because i had a good opionion on this Author.. After 4 days i just see that it's a copycat of of ATS .. Both EA's place the exact same signals all the time .. The author says it's going to behave differntly but until proof of it I can only say that i have been ripped off and no refund because i somehow activated it once.. I wonder how i could see it before as it can't be tested on a realtime demo account ! The dog eating it's tail ! Update of 4/08/21 : ASP Placed independent trades for the first time after a week of use and the worked well so back to 3 stars, Need to see more of those and i will revise this review

Update of 22/08 : Algoscalp places trades most of the time before ATS , and the EA by itself is working well , like ATS this EA has a great Win rate and closes trades quickly .. as it operates only during the breakouts

Eduard Mushkatin
1853
Eduard Mushkatin 2021.03.17 21:26 
 

Good EA.

Responder ao comentário
Versão 2.6 2024.01.29
Added a MA Filter (made on request, I don't use it).
It is not necessary to update it.
Versão 2.5 2023.02.03
an additional filter for Auto Min Profit (trailing stop) has been added, in the future it still needs upgrade (can be disabled in the settings).
Versão 2.3 2022.11.30
Fixed an error when running the Expert Advisor on MQL VPS

Added additional settings for calculating the lot.
Versão 2.1 2022.09.29
Added additional input parameters
- Distance calculation by Ask_Bid / by High_Low - calculation of the distance to the settlement level by prices (Ask_Bid / by High_Low)
- Split to "X" orders - split the order into several smaller orders (I do not recommend set more than 4)
Versão 2.0 2022.05.22
Added additional filters to support transactions.
Changed the default input parameters.