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Scalpel EA - (Tested with over $1,200,000 profit)
An interesting EA that works on GBP pairs and also teaches you how to make your EAs faster
Inputs are:
Prameter
Description
Lots
:+/- standard / %risk
TakeProfit
self explanatory
StopLoss
TrailingStop
cciPeriod
iCCI() bars
cciLimit
+/- iCCI() upper/lower threshold
MaxPos
open positions allowed in one direction
Interval
minutes before sending a new order (o=not used)
Reduce
minutes before reducing TP by one pip (0=not used)
Live
minutes before closing an order regardless profit (0=not used)
Volatility
volatility minute bars (+directional or -non dir.)
Threshold
pip threshold for volatility
FridayClose
the time to close all orders on Friday (0=not used)
Slippage
the slippage for opening or closing an order
Spreadlimit
the maximum spread allowed for opening an order
Magic
self explanatory
Hi, thanks for sharing.
I made a lot of changes and tested this Forex robot on a real STP account!
Please look at what I got.
We tested on: FXOpen Broker!
IMPORTANT! Use the below button to open an FXOpen wallet to get leverage up to 500!
WARNING! If you are not using the below button to open a new FXOpen wallet, then you may not get leverage up to 500!
If you are using this Forex robot on any other forex broker, then you may have to find your own settings, because provided settings not working with all brokers.
We tested on super-fast Forex VPS! It's highly recommended for 24/5 automated trading!
Deposit: $500
Leverage: 1:500
The test time: 3 months.
Total trades: 24
Average trades per month: 8
Total profit: $1,236,481
I tested on the real account!
Note: We made this test for you, to give you a starting point. You should always make your own test.
Have a good trend and the biggest profit!
For detailed test information, please download the files below!
This test showed that this EA has potential. But all traders himself must optimize the EA on his account with many backtests and forward tests.
If you have any questions about this test you can contact me via email on my MT4talk profile page, at https://mt4talk.com/misc.php?email=25379
NOTE: Only MT4talk PRO members can contact me via email.
gu m5 d500 p1.2M Scalpel(1) mod1.set 1.56 kb, 267 downloads since 2020-02-13
Scalpel(1) mod1.ex4 30.33 kb, 287 downloads since 2020-02-13
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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.
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