advanced scalper ea

Advanced Scalper is the result of more than 15 years of studying markets and programming expert advisors. It uses very advanced exit-algorithms and has a build in spread-filter and slippage-control algorithms. It is fully customisable to suit the client's needs and offers many setup possibilities. Ofcourse there are also recommended settings .

The basic logic of the EA is already running for more than 2 years on live accounts with success. 

Trading in the Forex market can be challenging, especially for those new to the market or needing more knowledge to make informed decisions. The Advanced Scalper Forex EA is a powerful tool for forex traders looking to take advantage of breakout opportunities in the forex market. This expert advisor follows a forex scalping strategy that trades the prices from relative highs and lows, allowing forex traders to capitalize on short-term market movements.

One of the critical features of this EA is that it does not use any martingale or grid functionalities, which can be risky for traders. Instead, it uses entry-stop orders for the fastest possible execution, ensuring that traders can enter trades quickly and at the best possible price. This feature ensures that traders can enter trades at the right time and at the best possible price, which can help minimize the risk of losing money.
The Advanced Scalper Forex EA is optimized to work on the EURUSD and USDJPY currency pairs in the H1 timeframe. This means traders can use the EA to trade these currency pairs in a 1-hour timeframe and take advantage of short-term market movements.
The EA also has a built-in money management feature that requires a minimum of 200 currency units. This means that traders can use the EA with a relatively small account and still be able to take advantage of breakout opportunities in the market.
Overall, the Advanced Scalper Forex EA is a powerful tool for traders looking to take advantage of breakout opportunities in the market. With its scalping strategy, entry-stop orders, and built-in money management feature, the EA is an excellent option for traders of all levels looking to capitalize on short-term market movements.



Advanced Scalper Forex EA Settings

Buy Trades: Allows the EA to execute buy orders.

Sell Trades: Allows the EA to execute sell orders.

Timeframe: Determines the time frame of the candle used to identify high and low points.

BarsN: Adjusts the sensitivity of the high and low algorithm, with smaller values resulting in more highs and lows and larger values resulting in less.

Order Puffer Points: Determines the distance of orders from the high/low.

Trading Volume: Mode for calculating the lot size for each trade.

Fixed Lots: Lot size for each trade if the fixed trading volume mode is selected.

Risk Percentage of Balance: Lot size is calculated so that a set percentage of the account balance is lost if the initial stop-loss is triggered.

TP Points: Distance from the entry order price to the take-profit.

SL Points: Distance from the entry order price to the stop-loss.

TSL Trigger Points: Trailing stop is activated once a trade exceeds the TSL Trigger Points in profit.

TSL Points: Trailing stop will be set below the current market price.

TSL Step Points: Stop-loss will only be modified if it is at least this distance above the previous stop-loss.

Time Filter: Enables or disables a time filter that is checked before new orders are placed.

Start Hour: Hour when the allowed trading time begins.

Start Minute: Minute when the allowed trading time begins.

End Hour: Hour when the allowed trading time ends.

End Minute: Minute when the allowed trading time ends.

Drawdown Monitoring: Activates or deactivates a mechanism that closes all trades when an inevitable drawdown is reached.

Max Daily Drawdown %: Drawdown monitoring is triggered if equity or balance is this percentage below the starting balance of the day.

Order Comment: Comment added to every order placed by the EA.

Magic Number: Unique number used to identify the EA’s trades.

Chart Comment: Enables or disables a comment in the chart’s upper left corner.

In addition, the EA also includes an adjustable trailing stop feature, which allows traders to secure profits as the market moves in their favor. This can be especially helpful for traders looking to maximize their returns while minimizing risk.

Advanced Scalper Forex EA Results

The Advanced Scalper Forex EA is a reliable and profitable scalping strategy for experienced traders. Backtests using the default settings and a 14% risk per trade yielded promising results. This EA is suitable for those looking to trade breakouts and secure quick profits in the market.

The Advanced Scalper Forex EA is valuable for traders seeking a reliable and profitable scalping strategy. Its breakout-based approach is logical, and the precise settings make it easy to understand and use. In addition, the real account monitoring feature adds an extra layer of confidence in its performance.

Main Characteristics of the EA

• Strict use of stoploss on every trade
• very advanced SL-management
• spread filter to avoid trading during bad market conditions
• slippage control algorithm, to avoid bigger losses during heavy slippage
• fully automatic mode, with adjustable entries
• exit-strategy can be used on any manual trade(s) or on trades from other EA's
• survives strict high quality backtests, with real variable spreads, commission and random slippage at 99% tickquality
• Proven live results on "high balance" accounts and with several different brokers.
• Recommended minimum balance for running full setup: 150$

Configuration Panel:

NO NEED TO MAKE COMPLEX CONFIGURATIONS, EVERYTHING IS ALREADY CONFIGURED, YOU ONLY HAVE TO LOAD ONE OF 3 PRESETS FILES INCLUDED.







Recomendations:


Broker: You should have a Scalping broker with 0 Spread or very low Spread, or one that pays per lot traded and has no Spread. If you have a broker and you do not know its Spread, you should find it out beforehand. IF YOUR SPREAD IS HIGH THE EA WILL NOT OPEN TRADES.
VPS: Not Required - But if you want, use a VPS or a hosting server with minimum network latency with respect to the broker's server -It is always good to use the VPS recommended by your broker as they will work well with each other.

PLATFORM: MT4
TF: M5 , M15
PAIRS: EURUSD, usdjpy, AUDUSD
MIN DEPOSIT: $150 PER PAIR 
HOURS: AROUND THE CLOCK
LEVERAGE: 1:500
BROKER TYPE: SCALPING - ULTRA LOW OR ZERO SPREAD