Facebook
Twitter
Print
Pinterest
Gmail
Email App
Pinterest
Pinterest
Pinterest
Pinterest
Pinterest
Pinterest
Log in or register to download unlimited Forex robots!
Thanks for sharing. The modelling quality is showing around 48%. why is that? i think with tick data we can have a quality as high as 99.9% maybe that is an option we can all consider in testing so we dont waste much time with many EAs
Check Out Multi_Lot_Scalper EA
https://mt4talk.com/viewtopic.php?pid=6156#p6156
This EA is all about snatching quick profits from the forex market. It's designed to take advantage of short-term price movements by trading multiple lots in rapid succession.
Multi_Lot_Scalper is designed to trade multiple lots in rapid succession, taking advantage of short-term price movements.
The EA sets a Take Profit level at 40 pips and uses a lot size of 0.1 for each trade. It also employs a Trailing Stop of 20 pips to lock in profits as the trade moves in your favor.
You can choose to allow a maximum of 10 trades simultaneously. It targets 15 pips per trade, aiming to secure a profit of 10 pips for each trade.
You have the option to enable Account Protection, which, when activated, closes all trades when a specified profit level (SecureProfit) is reached. This helps safeguard your gains.
The EA provides flexibility with adjustable parameters such as lot size, maximum trades, and profit levels, allowing you to customize your trading strategy.
Multi_Lot_Scalper can be used on multiple currency pairs and timeframes, giving you the freedom to explore different markets.
Adjustable Parameters:
Take Profit: Set your desired profit level (default: 40 pips).
Lots: Determine the lot size for each trade (default: 0.1 lots).
Trailing Stop: Adjust the Trailing Stop to protect your profits (default: 20 pips).
Max Trades: Set the maximum number of trades you want to open simultaneously (default: 10).
Pips: Define the target pips for each trade (default: 15 pips).
Secure Profit: Activate Account Protection to close all trades when a specific profit level is reached (default: 10 pips).
Ordersto Protect: Specify how many open orders need protection when using Account Protection (default: 3).
Currency Pip Values: Configure pip values for specific currency pairs if needed.
Start and End Dates: Define the time period for the EA to operate.
Risk and Account Type: Adjust risk percentage and choose between a standard or mini account.
Optimal Settings:
Currency Pair: EURUSD, GBPUSD, USDJPY, USDCHF (You can experiment with other pairs)
Minimum Balance: $500 (Adjust based on your risk tolerance)
Time Frame: 15-minute chart (But feel free to explore other timeframes)
In my opinion, Multi_Lot_Scalper is a promising EA for traders who want to target quick profits without getting bogged down in complex strategies. Its customizable parameters give you control over your trades, and the Account Protection feature adds a layer of safety. However, like any trading strategy, it's essential to practice responsible risk management and thoroughly backtest before using it in live trading.
Profit posts by forum members!
Why don't many people post their daily winning results?
MT4talk PRO members can Turn off MT4talk daily winning result post requirements for $49.99 / month. More info...
Latest profit posts from the Trade Executor EA users.
By using the MT4talk website, you automatically agree to the Forum Rules & Terms of Use, as well as the terms below.
Everything you see on the MT4talk website is created by its users, mainly the members of the MT4talk forum.
What is MT4talk?
MT4talk is an online Forex forum with over 5000 Forex robots and over 3000 Forex indicators uploaded by forum members in the last 10 years, available to download from forum posts. The Uploaded file does not come with support.
The website doesn't sell Forex robots and doesn't provide support for the ones you download. MT4talk offers a PRO membership, allowing you to download unlimited files from forum posts. Even though the site usually doesn't provide support for downloaded Forex robots, if you're new to Forex and need help, you can buy the MT4talk dedicated support membership from the MT4talk forum. The MT4talk Dedicated support subscription is only available for purchase for MT4talk PRO members.
The MT4talk Team also provides an Artificial Intelligence Forex robot called "MT4talk Forex AI Signal - Trade Executor EA" to PRO members. However, this Forex robot is only a bonus and is not included in the original PRO membership.
Updates for the Forex robots may be limited or nonexistent, depending on the creator. If you choose to download any Forex robot or setting file from the forum, you acknowledge that you are using it at your own risk. MT4talk PRO membership is a digital product. Therefore, after you complete the PRO membership purchase, there is no refund available!
We are conducting real-life tests on Forex robots to assess their performance. For certain robots, we may use a demo account to conduct tests, and for other Forex robots, we may use a real Forex account. It's essential to recognize that we are not financial advisors and cannot provide investment guidance. Our objective is to discover effective market analysis solutions through testing various strategies, which could be beneficial to our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The website may have links to partner websites, and if you sign up and trade through these links, we will receive a commission. Our affiliate partners are FXOpen, FBS, LQDFX, and MyForexVPS.
Copyright MT4talk.com Forum Rules - Privacy Policy.