Metatrader Expert Advisors based on FOREX Scalping Strategy
Ask yourself: “What is a “forex scalping strategy?” Many traders criticize this subject, others are greatly interested in it, and only a minority of traders is indifferent. Why is a forex scalping strategy so attractive? Most likely people are interested because forex scalping trading is one of few ways of quick enrichment.
There are many published examples in trade history of these competitive accounts. Scalping forex is a large number of transactions during a short time interval; it is aggressive trading with enormous trading opportunities Moreover, for many traders forex scalping is the most acceptable and available existence on the market. It requires a relatively insignificant amount of funds and provides numerous opportunities. Not every trader can do nothing but wait over a long time: it is more exhausting than any risky trade.
Many successful traders believe that having good forex scalping strategy is a key factor to success. An experienced trader can develop his own forex scalping strategy for personal use based on his own experience and taking into account specificity of his character. There are different types of forex scalping strategies: for aggressive trade, less aggressive trade, secure trade, etc. Each trader assigns the level of risk personally. We believe you should enjoy the way you’re trading. Forex scalping trading includes trading techniques and money management methods. If you don’t have your own strategy you may want to use one the ready ones, and it will be effective too!
Expert Advisor "STOMPER" Portfolio
iticsoftware.com expert advisor rating:
FOREX Scalping Expert -Scalper
Forex scalping has more demand lately and its absolutely legal in the forex market. Forex scalping can be done manually or by using a forex scalping expert advisors.Scalpers use all sorts of platforms for forex scalping strategies currencies, but probably one of the most common is MetaTrader 4.
How does the "Stomper" Forex Scalping Expert Advisor work?
Forex Scalping Expert Advisor "Stomper" determines volatility zone and calculates the optimal channel on timeframe M15. Expert Advisor "Stomper" - Forex Scalping Expert.
What Does Forex Scalping Mean?
A trading strategy used to buy a currency pair and then to hold it for a short period of time in an attempt to make a profit. A forex scalper looks to make a large number of trades and earn a small profit each time.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
The expert advisor detects the most improbable moments of breakout and enters from channel borders. Thanks to unique algorithm the metatrader expert works all day and night and is not run the danger of night spread extension. The expert advisor uses pending limit orders; it guarantees coincidence of back and forward test, and also work on “real” with any volumes of transactions. In an emergency, when it is impossible to set the limit order, the metatrader expert is opened from the market, that is the double mechanism of protection of tests correspondence.
It has high capability of parameters and ease of their optimization, because flexibility of expert advisor allows to operate by means of only two basic options (ChannelPeriod and volume_period), which only set the optimal trading scale for profit growth; the system is profitable in any case, no matter what parameters are used. Small drawdown allows to use lots up to 50 % from deposit (High risk!), but, nevertheless, you should leave a reserve and use 10-20%.
Recommended brokers: Major brokerage companies with real volumes ticks data (FXCM, FXDD, etc.)
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
Concept: scalping adaptive to market forex expert advisor
Money Management: Lot = percent by balance
Customization:possible upon the request
How does the "adaptive2market" Expert Advisor work?
FOREX expert advisor «adaptive2market 2.0" contains the best of our drafting for the past 3 years.
Expert Advisor consists of 4 main and 3 additional modules. FOREX expert advisor «adaptive2market 2.0" include:
Module for determination of the point of entry into the market. The work of this module is based on the determination support and resistance levels in moments of quiet market and opening orders near these lines, most likely turning points of the market. The so-called “reversal zone”. For scalping the most important is the accuracy of enter and exit, thus increasing the ratio of profit / loss.
Price Speed control module. The module allows FOREX expert advisor «adaptive2market 2.0" to maximize profits and reduce losses in a small market movements. After opening the order FOREX expert advisor «adaptive2market 2.0" determines the speed of price movement in the direction to TakeProfit. If speed is high, advisor increases the distance between price and TakeProfit , thereby increasing profits. In the case of low speed of price movement, FOREX expert advisor «adaptive2market 2.0", reduces the the distance between TakeProfit and price thereby reducing the likelihood of loss.
Money Management Module. The module determine lot size depends from account balance. Formula: Lot = percent by account balance. For example Lot = 5 % by account balance.
GMT Auto Correction Module. This module in a fully automatic mode will determine and compare the GMT time with server time and will correct all the necessary parameters in the FOREX expert advisor «adaptive2market 2.0"
5/4 digits Correction Module. This module in a fully automatic mode will determine your broker quotes type and will correct all parameters.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
NEW! MetaTrader Expert Advisor MultiTrade
iticsoftware.com expert advisor rating:
FOREX Scalping Expert -Scalper
Forex scalping has more demand lately and its absolutely legal in the forex market. Forex scalping can be done manually or by using a forex scalping expert advisors.Scalpers use all sorts of platforms for forex scalping strategies currencies, but probably one of the most common is MetaTrader 4.
How does the "MultiTrade"Forex Scalping Expert Advisor work?
Because many brokers expanded the spread on many currency pairs, we have
concluded that the trading system working in the following way is needed:
a. It should work with several currency pairs, and not only with such
popular for scalping pairs, as EUR/GBP or EUR/CHF; b. The system shouldn't be susceptible to the spread.
We've developed the metatrader expert advisor MaltiTrade. The advisor works with the following currency pairs: EUR/USD, EUR/CHF,
GBP/USD, USD/JPY. The advisor is not tied with concrete timeframe, but
analyses timeframes m5, m15, m30, and h1 and opens orders irrespectively
on all timeframes. The size of TakeProfit level is also different for
different timeframes. I want to note once more that the advisor is not
susceptible to the spread and was tested on the Alpari US broker, where
the size of spread is increased. Such approach won't let the broker to
consider the given system as the scalping one, and we hope that brokers
won't unacceptably increase spreads, but will learn to live with the fact
that the trader can be successful.The smart-money management system is also used in the given advisor. This
system allows to diversify your portfolio using multi-timeframe and
multicurrency trade. Weighting coefficients for each timeframe and
currency pair are used in the system. In will allow to protect your
capital more reliably.We plan to introduce the market volatility analysis system at a later
stage. It will allow the advisor to trade 24 hours without time limits
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
Forex scalping has more demand lately and its absolutely legal in the forex market. Forex scalping can be done manually or by using a forex scalping expert advisors. Scalpers use all sorts of platforms for forex scalping strategies currencies, but probably one of the most common is MetaTrader 4.
Concept: Forex Scalping Expert Advisor based on LR-Channel Indicator
Money Management: Stop Loss and Take Profit, closing at the time
Customization: possible upon the request
How does the "IntellectualPro" Forex Scalping Expert Advisor work?
Scalper operates on the basis of finding the optimal channel on timeframe M15 and definition of orders from the found channel’s confidence intervals. Unlike most forex scalpers, TakeProfit and StopLoss are not fixed and depend on channel’s width and angle of slope. We also developed special library for forex scalping EAs scalper.dll, which finds the optimal channel. It performs complex iterative calculations of channel with the least and decreasing mean-square deviation in channel. This channel defines the most probable corridor of price movement. We also revealed the most acceptable trade hours for each pair on the basis of the researches of dependence of volatility market on time. Several closely correlated currencies pairs were chosen to work with, and the Expert Advisor was adapted to work on these pairs. It allows to lower drawdown and thereby gives an opportunity to use integrated system Money management very efficiently, with higher %.
Developers: This Expert Advisor is the teamwork result of BJF Trading Group and SLP Trading companies. It took our mathematicians and programmers over a year to develop the product. The idea for the creation of scalper on optimal channel was born a long time ago
however we experienced some technical difficulties before we found the way to develop this product. We needed decisions allowing us to optimize complex iterative calculations; in order to fulfill the given task we organized a department of programmers, and the best mathematicians, who developed computer-aided design systems for European companies. Expert Advisor IntellectualPro Home Page
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
NEW! MetaTrader Expert Advisor "FXPredictor"
iticsoftware.com expert advisor rating:
MetaTrader 4 expert advisor "FXPredictor" is based on a MetaTrader 4 Indicator "i-Predictor". The Indicator shows the most likely area for market reversal. This Advisor cannot be assigned to scalping systems because its take profit level is higher than 10 pips.
Currency: GBPUSD (recommended), EURCAD
Time Frame: M15
Trading time since: 19 till 2.30 GMT time.
Orders Type: BUY and SELL market order
MT4 expert advisor FXPredictor can also be used to trade on EURCAD pair. In this case, we recommend ECN MetaTrader 4 brokers with a low spread on this pair. Built-in Money Management MT4 expert can be used with 4 and 5 digit quotations and with market order execution.
HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND THE ACTUAL RESULTS FOR EXPERT ADVISOR SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR.
