This is a discussion on Scalping within the Forex Trading forums, part of the Trading Forum category; Originally Posted by newdigital I checked the following two indicators for scalping and it works fine: AllAbsoluteStrength_v2.1 600+ indicator is ...
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And this is the last statement:
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I just wanted to say that if we find EA trading in often way by fix lot size so we can use it for scalping in the following way:
- monitoring every trade;
- switching EA on in exact estimated time
- switching EA off and close all the trades when we see small profit on account.
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This is interesting EA which is simular to scalping (in case we use Equity profit = 1 and Equity loss = 2).
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Ambush - expert for MetaTrader 5
--------------The Expert Advisor places pending Buy Stop and Sell Stop orders at a distance of Initial indentation. The Max spread parameters is also taken into account: if the current spread exceeds Max spread, the pending orders will not be placed. After that pending orders are constantly modified (using Trailing Stop with Trailing Step), expecting the order to trigger at a sudden sharp price movement. Pending orders are modified every Pause seconds.
Positions are controlled by Equity profit and Equity loss levels. Once profit reaches Equity profit, all positions are closed to fix the profit. If loss reaches Equity loss, all positions are closed and loss is fixed.
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JN-Scalper - indicator for MetaTrader 4
Scalper system. It shows the entry, takeprofit and stoploss levels. Use it on M5 or above.
TakeProfit and StopLoss come from ATR (you can change the period of the ATR).
IMPORTANT! >> There are 2 basic rules:
1. Entering only if the price crosses the entry level (i.e. for example if BUY appears, wait until the price is crosses the entry level upward)
2. Recognize the trend and sell only in overall downtrend, buy only in overall uptrend
LotScalp - expert for MetaTrader 4
Updated version of the EA: this post on mql5.LotScalp EA scalper, incredible 1430% = last year!!!
We started with 1 000$ and now we have 13 410$
TP only 5 pips!
Many traders are now using scalping as their desired trading method. However, in case of scalping what is more appealing is: a trader can try to target moderate profit by investing in smaller trading lots. Again, to work with lower trading risks, any trader can think of closing trades within 15 to 20 minutes of enter and by this proves scalping can help to take benefits of smaller price movements.
Multi-currency night scalper - Night Scalper Multi - expert for MetaTrader 5
Settings:
Code:input string Symbol1 = "USDCAD"; // Symbol1 Name input int StopLoss1 = 370; // StopLoss1 input int TakeProfit1 = 20; // TakeProfit1 input int BBPeriod1 = 40; // Bands Period1 input double BBDev1 = 1; // Bands Deviation1 input double Razmah1 = 450; // Bands Deviation1 in Points input int Start1 = 19; // Start Time1 input string Symbol2 = "GBPUSD"; // Symbol2 Name input int StopLoss2 = 450; // StopLoss2 input int TakeProfit2 = 80; // TakeProfit2 input int BBPeriod2 = 8; // Bands Period2 input double BBDev2 = 1; // Bands Deviation2 input double Razmah2 = 200; // Bands Deviation2 in Points input int Start2 = 20; // Start Time2 input string Symbol3 = "NZDUSD"; // Symbol3 Name input int StopLoss3 = 410; // StopLoss3 input int TakeProfit3 = 40; // TakeProfit3 input int BBPeriod3 = 4; // Bands Period3 input double BBDev3 = 1.2; // Bands Deviation3 input double Razmah3 = 450; // Bands Deviation3 in Points input int Start3 = 19; // Start Time3 input string Symbol4 = ""; // Symbol4 Name input int StopLoss4 = 500; // StopLoss4 input int TakeProfit4 = 40; // TakeProfit4 input int BBPeriod4 = 24; // Bands Period4 input double BBDev4 = 1; // Bands Deviation4 input double Razmah4 = 200; // Bands Deviation4 in Points input int Start4 = 20; // Start Time4 input string Symbol5 = ""; // Symbol5 Name input int StopLoss5 = 500; // StopLoss5 input int TakeProfit5 = 40; // TakeProfit5 input int BBPeriod5 = 24; // Bands Period5 input double BBDev5 = 1; // Bands Deviation5 input double Razmah5 = 200; // Bands Deviation5 in Points input int Start5 = 20; // Start Time5 input string Symbol6 = ""; // Symbol6 Name input int StopLoss6 = 500; // StopLoss6 input int TakeProfit6 = 40; // TakeProfit6 input int BBPeriod6 = 24; // Bands Period6 input double BBDev6 = 1; // Bands Deviation6 input double Razmah6 = 200; // Bands Deviation6 in Points input int Start6 = 20; // Start Time6 input string Symbol7 = ""; // Symbol7 Name input int StopLoss7 = 500; // StopLoss7 input int TakeProfit7 = 40; // TakeProfit7 input int BBPeriod7 = 24; // Bands Period7 input double BBDev7 = 1; // Bands Deviation7 input double Razmah7 = 200; // Bands Deviation7 in Points input int Start7 = 20; // Start Time7 input string Symbol8 = ""; // Symbol8 Name input int StopLoss8 = 500; // StopLoss8 input int TakeProfit8 = 40; // TakeProfit8 input int BBPeriod8 = 24; // Bands Period8 input double BBDev8 = 1; // Bands Deviation8 input double Razmah8 = 200; // Bands Deviation8 in Points input int Start8 = 20; // Start Time8 input string Symbol9 = ""; // Symbol9 Name input int StopLoss9 = 500; // StopLoss9 input int TakeProfit9 = 40; // TakeProfit9 input int BBPeriod9 = 24; // Bands Period9 input double BBDev9 = 1; // Bands Deviation9 input double Razmah9 = 200; // Bands Deviation9 in Points input int Start9 = 20; // Start Time9 input double Lot = 1; // Trade Volume
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