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SnapBack Scalper

SnapBack Scalper is an advanced Expert Advisor designed to identify overbought and oversold zones in the forex market using the RSI technical indicator. It also integrates a weekly forex calendar to keep track of important events that could impact trading. To optimize entries, the EA filters signals based on the ADX, opening buy or sell positions only when the ADX Main Line is above 25, indicating a strong trend in the market.

SnapBack Scalper offers flexibility in risk management, allowing the setting of a fixed lot size or the dynamic calculation of lots based on the percentage of risk in relation to the account balance, ensuring that trades are aligned with the trader's risk management strategy. In addition, it incorporates an intelligent Trailing Stop system, where the value of the trailing stop is determined by the Parabolic SAR, freeing the trader from the need to set it manually and maximizing profit protection in favorable market movements.


***  Please Note ***

All our EAs are free and of excellent quality! To support development, we use ads for monetization. Every 2 Hours, a 
screen lock appears, but it doesn’t interrupt the EA’s operation. You can remove the lock by entering a code generated 
on our website. Please enable WebRequest in your MetaTrader 5 terminal under Options -> Tools -> Expert Advisors to use 
this feature. Thanks for your support!


Unlock Codes


 Position Opening Conditions:

  1. The EA checks if there are no open positions with the same Magic Number.
  2. If the ADX Main Line is above 25 and the current spread is below the user-set maximum limit, the EA checks the RSI conditions:

    Overbought (RSI > 70): Indicates that the asset may be overbought. The EA checks for a crossing of the +DI and -DI lines of the ADX (from above to below) and opens a sell position.

    Oversold (RSI < 30): Indicates that the asset may be oversold. The EA checks for a crossing of the +DI and -DI lines of the ADX (from below to above) and opens a buy position.

Parameters

PARAMETER DESCRIPTION DEFAULT
Magic Number Unique number to identify orders generated by the EA 12345678
Timeframe Time period used for analysis (default is the current chart)
PERIOD_M30
Deviation Deviation tolerance in points for pending orders 5
Currency (Forex Calendar) Currency to synchronize the week's news USD
Bull Candle Color Bullish Candle Color
Branco
Bear Candle Color Bearish Candle Color
Vermelho
Chart Up Color
Bullish Candle Border
Branco
Chart Down Color
Bearish Candle Border
Vermelho
Chart Background
Graph background color
Chart Foreground
Color of graphic elements   
Takeprofit
Target profit level, in points 1000
Stoploss
Maximum loss level, in points 500
Trailing Step The Trailing Step is the trigger that activates the Trailing Stop. Once activated, the trailing stop is adjusted only if the price moves 30 points relative to the last adjustment of the Parabolic SAR.
100
Lotsize
Fixed lot size 0.7
Dynamic Lot True = Lot based on risk percentage, False = Fixed lot size false
Risk Percentage Percentage of risk (%)
2%
RSI Period
The period used to calculate the Relative Strength Index (RSI).
14
ADX Period
The period used to calculate the Average Directional Index (ADX) 14
RSI HIGH THRESHOLD
RSI maximum limit 70
RSI LOW THRESHOLD
RSI minimum limit 30

Observations and Recommendations

The key to successful scalping lies in managing leverage and lot sizes. I recommend using the lowest leverage possible, preferably 1:50. Please leave a review and request a personalized SET that has proven to be highly profitable, as demonstrated in the backtest.


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ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. - REAL SIGNAL: Default Setting:  https://www.mql5.com/en/signals/2251841 Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is o
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . 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 m
Forty Five EA MT5
Marek Stanislaw Zygala
5 (1)
45 Expert Advisor’ı geliştirme yolculuğum, finansal piyasaların karmaşıklıklarını aşmada matematiğin gücüne derin bir saygıyla başladı. Jim Simons’un öncü çalışmasından ilham alarak, salt nicel bir yaklaşımın, geleneksel ticaret yöntemlerinde sıklıkla eksik olan bir hassasiyet ve tutarlılık düzeyi sunabileceğini fark ettim. Haberlerin ve olayların her yönden tüccarları bombardıman ettiği, gürültü yarattığı ve duygusal kararlar alınmasını teşvik ettiği bir dünyada, objektif ve analitik kalacak bi
Versione MT4: https://www.mql5.com/en/market/product/104871 Monitor delle prestazioni della sfida HFT MT5 (non per account live): Broker: Fusion Market Login: 89600 Password: Greenman89$ Server: FusionMarkets-demo Oltre 700 recensioni autentiche a 5 stelle per la versione MT4 rilasciata in precedenza: https://www.mql5.com/en/market/product/104871?source=Unknown#!tab=reviews Canale pubblico: https://www.mql5.com/en/channels/hftpropfirmea Versione MT4: https://www.mql5.com/en/market/product/104871
Gold Trade Pro MT5
Profalgo Limited
4.56 (32)
Tanıtımı başlat! 449$'dan sadece birkaç kopya kaldı! Sonraki fiyat: 599$ Son fiyat: 999$ 1 EA'yı ücretsiz alın (2 ticari hesap için) -> satın aldıktan sonra benimle iletişime geçin Ultimate Combo Deal   ->   click here 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 File JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro, Altın ticareti EA'ları kulübüne katılıyor, ancak
Oracle MT5
Stanislav Tomilov
5 (14)
Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
Boring Pips MT5
Thi Thu Ha Hoang
4.71 (28)
Çoğu uzman danışmanın neden canlı işlemlerde etkili olmadığını, mükemmel geri test performanslarına rağmen, hiç merak ettiniz mi? En olası cevap Over-fitting'dir. Birçok EA, mevcut tarihsel verilere mükemmel şekilde 'öğrenmek' ve uyum sağlamak için oluşturulur, ancak oluşturulan modelde genelleme eksikliği nedeniyle geleceği tahmin etmekte başarısız olurlar. Bazı geliştiriciler basitçe Over-fitting'in varlığından haberdar değillerdir veya biliyor olmalarına rağmen bunu önlemenin bir yolu yoktur
XG Gold Robot MT5
Marzena Maria Szmit
4.35 (75)
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
The King Advisor MT5
Guillem Boix Martin
4.84 (51)
The  King Advisor son derece gelişmiş bir sinir ağı algoritmasıdır. Stratejisi, sofistike bir kendi kendine öğrenme sistemi ve yılların deneyimi ve çalışmasıyla tasarlanmış bir ticaret sistemi aracılığıyla destek seviyelerinin, direnç ve trend çizgilerinin belirlenmesine dayanmaktadır. Deneyimli tüccarlardan oluşan bir ekip tarafından geliştirilmiştir. LÜTFEN 200 ÖRNEK SINIRI OLDUĞUNU UNUTMAYIN --> Güncellenen toplam kopya satışı: 195 Bir sonraki EA'mızı sunan bir promosyonumuz var. Almak için
BitBull EA
Arseny Potyekhin
4.6 (5)
Dear Traders, I am very pleased to introduce our latest project to you. EA BitBull . Real cryptocurrency trading has now become a reality! Signals: Live Signal 1 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price will steadily increase to limit sales. Next price is 790 USD . With the help of our esteemed partners from all over the world, we have succeeded in developing an innovative crypto strategy. This strategy seamlessly combines
MT5 EA Tanıtımı: Gelişmiş algoritmalar ve derin öğrenme teknolojisi ile güçlendirilmiş EA'larımız, sizi forex ticaretinin karmaşık dünyasında yönlendirmek için titizlikle tasarlanmıştır. Sistem, piyasa faaliyetlerini özenle analiz eder ve önceden belirlenmiş kriterlere göre işlem yapar, böylece piyasa eğilimlerini daha etkili bir şekilde kavrayabilirsiniz. Önerilen Para Birimleri: Canlı sinyal: TrendMaster FX MT4 versiyonu: TrendMaster FX MT4 İsteğe bağlı para birimleri: GBP/USD (GBPUSD) USD/CAD
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The Fractal Trend Master is an advanced Expert Advisor that applies the trading system developed by Bill Williams, combining the Alligator indicator with fractals to identify and follow market trends. It opens buy positions when an upper fractal forms above the Alligator's teeth line, and sell positions when a lower fractal forms below the Alligator's teeth line. This EA is ideal for traders seeking a robust, automated system based on solid technical analysis. You can use any timeframe; however,
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The Ichimoku Wave EA is one of the most comprehensive free Expert Advisors, ideal for traders seeking a high-performance automated solution based on the Ichimoku Cloud indicator. With multiple strategies available, it provides a robust approach to identifying buy and sell opportunities, utilizing either fixed or dynamic lot sizes that automatically adjust based on account balance and desired risk. Its architecture is designed to protect the trader's capital, featuring a daily P/L limit that hal
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The London Pulse EA is an Expert Advisor designed to trade the Daily Range London Breakout strategy, ideal for traders looking to capitalize on the volatility of the London session. It automatically tracks the highest and lowest points during the Asian session to identify key breakout levels. The EA features a weekly Forex calendar , allowing traders to factor in macroeconomic events when making trading decisions. It also offers flexible lot size management , which can be set as either a fixed l
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TEVOL-Trailer integrates Bollinger Bands and MACD to detect trends and pullbacks, delivering a solid trading strategy. Featuring dynamic lot sizing, users define the risk percentage, and the EA calculates the optimal lot size. A Parabolic SAR-based Trailing Stop dynamically adjusts to secure profits. The EA includes a real-time dashboard displaying market conditions, performance metrics, and account status, ensuring a comprehensive view of trading activity and risk management. Minimum Recommende
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The Fractal Trend Master Pro is an advanced Expert Advisor that applies the trading system developed by Bill Williams, combining the Alligator indicator, fractals, and the Gator Oscillator to identify and follow market trends. It opens buy positions when an upper fractal forms above the Alligator's teeth line, confirmed by a positive expansion of the Gator Oscillator, and opens sell positions when a lower fractal forms below the Alligator's teeth line, confirmed by a negative expansion of the Ga
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İncelemeye yanıt
Sürüm 1.10 2024.10.09
updating parameters, managing fixed lots or risk percentages and more...
Sürüm 1.9 2024.10.08
weekly news filter, fixed lotsize and risk percentage, code adjustment and optimizations
Sürüm 1.8 2024.10.07
timer adjustment
Sürüm 1.7 2024.10.07
fix issues
Sürüm 1.6 2024.10.06
fix issues
Sürüm 1.5 2024.10.05
Fix Issues
Sürüm 1.4 2024.10.05
new features
Sürüm 1.3 2024.08.12
Fix and issues
Sürüm 1.2 2024.08.08
fix and improve methods
Sürüm 1.1 2024.08.06
Further Improvements