Metatrader expert advisors dissected.
Posts tagged scalper
Joker EA
22February 19, 2013
Trading style: scalping on trend pullbacks, WSFR-style. While its TP is situated 35 pips from the entry, it tends to close most of its trades at 2-4 pips in profit and will rarely let a trade run its full course. Its SL is at 70 pips.
Currency pairs: EURUSD
Timeframe: M5
Price: $250
Currency pairs: EURUSD
Timeframe: M5
Price: $250
FX Flash
364February 18, 2013
Trading style: takes scalping-sized trades (10-15 pips average profit) in the direction of the trend on several pairs with several different strategies for each pair. The average losing trade is between 35 and 60 pips, depending on the strategy.
Currency pairs: AUDJPY, EURJPY, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF
Timeframe: M15, H1
Price: $47
Currency pairs: AUDJPY, EURJPY, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF
Timeframe: M15, H1
Price: $47
FX Capitalist
11February 16, 2013
Trading style: around the clock scalper with a very tight stop loss (4 pips for the L version, 2 pips for the S version) and with a much larger take profit target (13 pips for the L, 11 pips for the S). Naturally, the losing trades are predominant but overall it still makes good headway.
Currency pairs: EURUSD
Timeframe: H1
Price: $127
Currency pairs: EURUSD
Timeframe: H1
Price: $127
Wallbreaker
6January 31, 2013
Trading style: a scalper with a trailing stop that trades breakouts, taking into consideration the current support and resistance; for EURUSD the maximum SL is 40 pips from the entry price and the profits can even exceed 100 pips on occasion, while on GBPUSD the strategy is a bit different, allowing for a SL as high as 200 pips but also with a higher average profitable trade.
Currency pairs: EURUSD, GBPUSD
Price: €49/month, €499/year, €4899 lifetime license; IB licenses available at €39/month, €399/year
Currency pairs: EURUSD, GBPUSD
Price: €49/month, €499/year, €4899 lifetime license; IB licenses available at €39/month, €399/year
PhiBase Ray Scalper
8January 30, 2013
Trading style: Ray Scalper is a strategy that uses an algorithm named "backward ray tracing" for determining its entry and take profit target; the stop loss, take profit and trailing stop are dynamically calculated based on the average true range. Even though its name says "scalper", the average profitable trade is in excess of 30 pips and the average trade length exceeds 10 hours.
Currency pairs: EURUSD
Timeframe: M15
Price: $350
Currency pairs: EURUSD
Timeframe: M15
Price: $350
Forex Minute Trader live forward test
36October 8, 2012
Trading style: impulse scalping on several pairs.
Currency pairs: EURUSD, USDCHF, GBPUSD, USDJPY, EURJPY, AUDUSD
Timeframe: M1
Price: $189
Currency pairs: EURUSD, USDCHF, GBPUSD, USDJPY, EURJPY, AUDUSD
Timeframe: M1
Price: $189
PipJet live forward test
117June 28, 2012
Trading style: Asian session scalping.
Currency pairs: USDCAD
Timeframe: H1
Price: $97
Currency pairs: USDCAD
Timeframe: H1
Price: $97
SteadyOnFx NumberOne Impulsive Scalper live forward test
113June 28, 2012
Trading style: trades price impulse retracements (somewhat like Million Dollar Pips).
Currency pairs: EURUSD (actually supports any other pair with low spread that is susceptible to similar price spikes - such as GBPUSD or USDJPY - but the default settings have to be changed)
Timeframe: M1
Price: $997/year
Currency pairs: EURUSD (actually supports any other pair with low spread that is susceptible to similar price spikes - such as GBPUSD or USDJPY - but the default settings have to be changed)
Timeframe: M1
Price: $997/year
Euronis v7000 live forward test
11May 13, 2012
Trading style: Asian session scalper.
Currency pairs: EURCAD, GBPCAD
Timeframe: M15
Price: available only with introducing broker deal
Currency pairs: EURCAD, GBPCAD
Timeframe: M15
Price: available only with introducing broker deal
Forex Real Profit EA live forward test
21May 13, 2012
Trading style: scalping, mostly during the Asian session but to an extent also during the day using various TP and SL targets for each of the 11 pairs it trades. The EA uses a news filter to avoid potentially dangerous situations.
Currency pairs: AUDUSD, EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF, USDJPY
Timeframe: M15
Price: $199/year (demo version available; free licenses available with IB deal)
Currency pairs: AUDUSD, EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF, USDJPY
Timeframe: M15
Price: $199/year (demo version available; free licenses available with IB deal)
Morpheus Topbot live forward test
39February 27, 2012
Trading style: around the clock scalping; uses a news filter and a trailing stop
Currency pairs: EURUSD, GBPUSD, USDCHF
Timeframe: M15
Price: £200.00
Currency pairs: EURUSD, GBPUSD, USDCHF
Timeframe: M15
Price: £200.00
Forex Megadroid live forward test
29February 15, 2012
Trading style: Asian session scalping.
Currency pairs: EURUSD
Timeframe: H1
EA price: $67
Currency pairs: EURUSD
Timeframe: H1
EA price: $67