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GCA Scalping Ranges EA

General Description

In the simplest terms this is a contrarian intra-day scalping system. Built to try and let correct trades run as far as possible and flip the trade when indicated.
Join the conversation over at our Discord channel - https://discord.gg/ScsdkTnwyA
I will do my best to be around to answer any questions and help set up. If you want to add your settings screenshots its more than welcome!

The EA looks at historical daily trading ranges to lay out levels at which it takes long and short positions based on the statistical levels.
this system allows you to run back-tests to see which entries work best in the current market conditions and allows you to toggle them on and off for higher win rates if you so choose.

The EA takes 5 different trades, it takes an opening directional trade based on either VWAP or MA, this trade is set based on day trading session determined by the user.
The other 4 trades are based on contrarian trading, placing trades at the intra-day levels expecting reversion.

The system is built around index futures, mainly around S&P and the DOW but can be used an any futures contract mainly using AMP Futures to trade. The system is based on a statistical math equation so it could function with a little tweaking on any underlying that is a tradeable instrument such as crypto, forex, stocks, futures, even binary options could be interesting. However this is not the current functionality and the EA was not built around these products and my not function as intended on them, please be aware of this functionality and with request could come in the future.

The system has been run and tested extensively on /ES and /YM on the 5min and 15min timeframes with 15min seeming to be optimal.

Settings

Main EA Settings

  • Magic Number
  • Opening Trade Indicator: selection between moving average and volume weighted moving average
  • VWAP Buffer: change the VWAP level that the system takes into account for the opening trade
  • Trade On New Session: when loading the EA on a chart do you want the system to immediately enter a trade or wait for a new session
  • Trading Session Open/Close: this is a time setting, telling the system when to start trading, close positions, and when create the daily trading range. This is set for CST/Chicago for trading the index futures translated to CST it is 5:00pm to 4:55pm
  • Initial Trade bar Shift: this shifts the initial trade over to the next bar, set for 2 bars so this would enter the initial trade on the second bar after the session time started
  • Lot Size: how many lots, contracts, shares, etc.
  • Candle Close For Initial Stop Loss: this setting determines if the trades are exited upon touching the stop loss or if it exits upon candle close, statistically this is a coin toss for me. I have been trying to decide what I think is better and currently I default it to False, so the trade exits upon touch
  • Market Open Entry: take a trade on market open
  • +LVL 1 Short Entry: take a trade on the +LVL 1 level
  • +LVL 2 Short Entry: take a trade on the +LVL 2 level  
  • -LVL 1 Long Entry: take a trade on the -LVL 1 level
  • -LVL 2 Long Entry: take a trade on the -LVL 2 level

MA Indicator Settings

  • MA Lookback Length: how far back do you want the MA opening trade indicator to look
  • MA Shift: shifts the MA lookback
  • MA Type: changes the type of MA used for initial trade signal
  • MA Price Calculation: what point in the bar do you want the system to create the MA on

VWAP Indicator Settings

  • VWAP Type: UNUSED, don't change
  • VWAP Price Type: what do you want the VWAP to base its calculation on
  • Enable (Daily, Weekly, Monthly, LVL 1, LVL 2, LVL 3, LVL 4, LVL 5): these are all to turn on or off the setting when using that buffer setting 
  • LVL (1, 2, 3, 4, 5) Lookback: user defined bar lookback for VWAP calculation

Scalping Range Indicator Settings

  • Max EA Lookback: this is how far back the EA will calculate the levels
  • Trade Session Lookback: this setting determines the daily session range lookback, larger numbers increase the number of sessions that it pulls to determine the levels
  • Session Box: used more for debugging, but is a nice visual to see session and make sure your time settings are correct
  • Session Box Color: changes the color of the box











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Bogdan Ion Puscasu
4.87 (239)
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Stanislav Tomilov
5 (29)
Aura White Edition is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPUSD,
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Profalgo Limited
4.79 (29)
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Shintaseftiana
4.17 (12)
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Eduard Nagayev
4 (22)
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Mansour Babasafary
4.47 (36)
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Yu Mei Cheng
4.83 (48)
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Gold Garden MT5
Chen Jia Qi
5 (6)
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Stanislav Tomilov
4.65 (17)
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Bogdan Ion Puscasu
4.9 (71)
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Way To Stars是一款夜间头皮EA,专门设计在市场波动性较低的时间段进行交易来利用低波动性,以此降低风险。这款夜间头皮EA专注于利用小的价格变动进行频繁交易,通过积少成多的方式积累利润。本EA采用严格的止损措施来限制每笔交易的潜在亏损,确保了风险管理的有效性。Way To Stars 是一个真实且诚实的交易系统,它不依赖于号称的神经网络、人工智能、ChatGPT或完美的直线回测结果。 signal:  https://www.mql5.com/en/signals/2220466 本EA的特点: 适合货币对:GBPUSD 加载时间框架:任意 无网格,无马丁,一次交易 将订单分散为多笔订单,降低风险,提高成功率 通过最大持仓时间和最大浮亏比例来管理风险 自动调整交易时间,考虑时区和夏令时变化 小资金账户适用
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Stanislav Tomilov
5 (6)
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Stanislav Tomilov
4.3 (23)
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Bitcoin Robot MT5
Marzena Maria Szmit
5 (4)
The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. We'
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Bogdan Ion Puscasu
5 (14)
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Chen Jia Qi
4.63 (84)
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Artem Minchuk
3.36 (45)
Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
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Gregory Hay
4.57 (14)
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DaVinci Code EA
Shintaseftiana
3.4 (5)
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
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Denis Kurnev
4.53 (15)
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Guillaume Duportal
4.92 (38)
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Nasdaq Quants NAS100
Teresa Maria Pimenta
納斯達克量化 NAS100 Expert Nasdaq 是一個動態和優化的黃牛交易系統,旨在安全獲利 完整的系統具有基於神經網絡優化的風險管理和基於平衡利潤的智能手數增加系統,適合初學者和有經驗的交易者。使用移動掛單並利用市場回調,這樣您就可以提供更短、更安全的止損 您可以覆蓋您的贏利 使用默認設置,或者您可以為您的經紀人請求優化設置,我們將為您創建一個 要進行正確的回測,您首先需要在您的 Meta Trader 中下載 NAs100 資產的歷史數據! Expert Nasdaq Quants NAS100 具有內置的智能係統和回撤減少算法,可讓您主要在價格進入虧損區之前關閉訂單擁有完整的儀表板,可快速執行掛單和市價單 以及一個用於重置未結訂單和取消掛單的按鈕,如果您僅連接面板,則可以與機器人或零件一起使用 專家是一個黃牛系統,專門交易 100 的資產指數 使用推薦的設置、低點差經紀人和 VPS。 我們優化並添加了新的交易指數。 當前版本的 Expert 已全面優化。不需要額外的文件集。交易在經紀人時間的晚上進行。 由於 Expert Nasdaq
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Marzena Maria Szmit
4.79 (38)
We proudly present our cutting-edge robot, the Big Forex Players EA designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the biggest Banks (positions are sent from our database to th
Ai Hybrid Robot MT5
Mansour Babasafary
71% discount for the next 5 buyers (original price $9000): 4 person left Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in t
欢迎使用 IndexLORD EA MT5   ,这是一款针对主要指数(纳斯达克/道琼斯/SP500)设计的高效剥头皮系统。该系统由拥有 20 多年经验的量化团队开发,是一款积极而强大的交易机器。 重要!你需要我提供的测试集来进行测试,它   不进行回溯测试   默认情况下。由于经纪商报价中的数字数量,每个经纪商都有不同的设置(例如,我们看到 DOW 30 的最多 4 种变体可以显示为 38000、38000.5、38000.50 或 38000.500,GMT 设置和基础指数的合约规模! Index LORD 是使用指数交易的专业 EA,需要技巧和专业输入才能确保正常运行! 购买后,联系我获取手册和安装指南,如果您使用道具等,也可以获取套装。 现场表演 开始 €5K 账户交易 现在 €35K 利润++       :       https://www.mql5.com/en/users/fxmanagedforexltd/seller 现场表演ICMarkets:       https://www.mql5.com/en/users/fxmanagedforexltd/sell
Candle EA MT5
Mansour Babasafary
4.36 (39)
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
Golden Catcher S
Gan Wang
5 (1)
重要更新,现在EA支持两种模式的最佳内置参数可选, 注意:同时使用两种模式需要设置不同的EA ID, 模式1持仓时间更短,模式2持仓时间更长 Golden Catcher S是一款适用于黄金交易的EA ,它是根据黄金品种的波动特性研发出的短线交易方法。当价格加速运行时,通常意味着更大价格变动的到来,EA会捕捉这种机会,进入交易。 介绍: 此EA是我的三种黄金交易策略中的一种,交易频率大约每个交易日1~2笔订单,每笔订单都设置有止损点数。 它不是任何网格或马丁策略的变种。 实时信号: Golden Catcher (包含 Golden Catcher  S 与我其它两个EA)。 信号结果与回测具有一致性表现.   有关最好的参数 ,EA内置了两种模式(两组参数),但是这不代表着它们就是最好的,你完全可以使用自定义模式优化适合你的参数 注意事项 : EA要求黄金点差小于20点,交易延迟不严格,但好的交易环境总是会为你减少交易成本。 如果你没有合适的经纪商和账户类型选择,可以使用与我信号一致的经纪商与账户类型。 IC Markets 标准账户。 最低存款要求$100
ET9 for MT5
Hui Qiu
2.33 (3)
ET9  新上架,推出促销活动 仅剩几个副本,599美元 下一个价格:799美元 最终售价:1599美元 最佳黄金(XAUUSD)自动交易程序, 它也可以同时用于GBPUSD! ET9 MT5 版 更新4.20 !!   重要更新: 启用自动利润平仓,可以修改ET1策略的各种参数,优化 ET1策略的稳定性 包括免费的 ET1 MT5版:  https://www.mql5.com/zh/market/product/113131 描述 ET9 MT5 版是一款在( XAUUSD) 黄金 与( GBPUSD) 英镑 交易中拥有9合一交易策略的强大自动交易程序 其中包括一个经典趋势策略ET1,另外8个突破策略,在黄金价格实现日线突破时尤为有效! 请在可视模式下对 ET9 进行回测,以便了解 ET9 的工作原理是多么专业。回测过程可能会很慢,请耐心等待 ET9这9大策略结合在一起 ,与其它一些虚假“完美回测”EA有着很大的区别:这是一款真实实盘放心使用的EA !! 没有网格系统!没有马丁格尔系统,没有剥头皮系统!每一个订单都设置有止盈止损,并且交易关闭时间超过几小时……实盘结果与回测
Hercules AI
Aleksandr Chebotaev
5 (3)
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
作者的更多信息
General Description In the simplest terms this is a contrarian intra-day scalping system. Built to try and let correct trades run as far as possible and flip the trade when indicated. The indicator looks at historical daily trading ranges to lay out levels at which it takes long and short positions based on the statistical levels. The indicator is built around index futures, mainly around S&P and the DOW but can be used an any futures contract mainly using AMP Futures to trade. The indicator is
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版本 3.60 2022.02.02
fixed an issue where the EA would not populate levels correctly after a holiday
版本 3.41 2021.11.08
removed settings left in by dev that are not used by the user and should be hidden inputs
版本 3.40 2021.11.05
Added compatibility to trade the terminal timeframe and hopefully will work on any netting broker on any underlying instrument