GET A Scalper EA | Forex Factory

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GET A Scalper EA

  • #1
  • First Post: Dec 11, 2007 4:36am Dec 11, 2007 4:36am
I got a scalper EA in one of the other forums and I would like this Forum to discuss, Backtest, Forward test and even tweak if its needed...
It looks good..

And don't forget to post your findings in this thread

N/B: I didn't make it
Attached File(s)
File Type: zip Scalp_net_v1[1].3_tf.zip   5 KB | 16,177 downloads
Everything is bare Making the best out of pips
  • #2
  • Dec 11, 2007 8:30am Dec 11, 2007 8:30am
Can you help us by posting charts, tests, etc? We need more information
  • #3
  • Dec 11, 2007 8:48am Dec 11, 2007 8:48am
Quoting osaze
I got a scalper EA in one of the other forums and I would like this Forum to discuss, Backtest, Forward test and even tweak if its needed...
Why don't you do the testing yourself and tell us how it works instead of asking everyone else to do the work for you?

Questions that come to mind are:

Where did you get it?

What was the creator using it for?

What do you plan to use it for?

What time frame is it designed for?

What currency pair?

What are the EA's settings for Entry, Exit, SL, and TP?

After all, an EA is designed for a specific strategy, so getting a "scalper EA" doesn't mean anything unless you know what time frame you're working with, currency pair, etc.
  • #4
  • Dec 11, 2007 3:15pm Dec 11, 2007 3:15pm
As a scalper, its designed for small timeframes like M1, M5, and if it's to big M15.

It came from alpari forum!!!! I was searching for a good scalper and someone give it to me....

It was planned for scalping

Unfortunately, I don't know the setup or its build

Currency pairs are strictly USD

I haven't even tested it for long but I got +18, +25and so on USDJPY pair in my demo.

I don't have a strategy tester so I can't backtest it.
Everything is bare Making the best out of pips
  • #5
  • Dec 11, 2007 3:17pm Dec 11, 2007 3:17pm
Quoting osaze
As a scalper, its designed for small timeframes like M1, M5, and if it's to big M15.

It came from alpari forum!!!! I was searching for a good scalper and someone give it to me....

It was planned for scalping

Unfortunately, I don't know the setup or its build

Currency pairs are strictly USD

I haven't even tested it for long but I got +18, +25and so on USDJPY pair in my demo.

I don't have a strategy tester so I can't backtest it.
Yes you do have the tester. Just press ctrl R and follow the instructions in MT4
  • #6
  • Dec 11, 2007 9:33pm Dec 11, 2007 9:33pm
Forex-tsd has been forward testing this EA for months. Subscribe to their Elite section and you can view forward test results from there.
Binary Options Trader
  • #7
  • Dec 8, 2009 3:11pm Dec 8, 2009 3:11pm
Quoting osaze
I got a scalper EA in one of the other forums and I would like this Forum to discuss, Backtest, Forward test and even tweak if its needed...
It looks good..

And don't forget to post your findings in this thread

N/B: I didn't make it
how did the scalper ea work im a newbie thats intrested in the scalping method and would like to know how did the scalper ea worked out
  • #8
  • Dec 8, 2009 6:34pm Dec 8, 2009 6:34pm
I just backtested the EA under the conditions specified in the comments at the top of the source file. EURUSD, M1, default EA settings.
I can verify that it backtests well.

A couple of interesting characteristics of the system. It has a high success rate 82%, the average winner is about $6 and the average loser is about $20. So you have frequent smallish winners and an occasional $20 hit.

I tried changing the trading hours but the default setting of 0800 - 1800 appears optimal. But if you think about it, it makes sense since this encompasses the London and NY trading times.

http://i46.tinypic.com/2hp4oqq.jpg
You are in a maze of twisty little passages, all alike.
  • #9
  • Jun 25, 2013 5:41am Jun 25, 2013 5:41am
hey there.

i have a problem, maybe you can help me.

while backtesting with 0.01 lots, i get the error: order send error 131.

i have googled some hours and tried with the code:
Print(MarketInfo(Symbol(), MODE_LOTSIZE));

Print(MarketInfo(Symbol(), MODE_MINLOT));

Print(MarketInfo(Symbol(), MODE_LOTSTEP));

Print(MarketInfo(Symbol(), MODE_MAXLOT));

but its not helpling.

any ideas?

thx.
  • #10
  • Jun 30, 2013 6:20am Jun 30, 2013 6:20am
Quoting thaking
hey there. i have a problem, maybe you can help me. while backtesting with 0.01 lots, i get the error: order send error 131. i have googled some hours and tried with the code: Print(MarketInfo(Symbol(), MODE_LOTSIZE)); Print(MarketInfo(Symbol(), MODE_MINLOT)); Print(MarketInfo(Symbol(), MODE_LOTSTEP)); Print(MarketInfo(Symbol(), MODE_MAXLOT)); but its not helpling. any ideas? thx.
thaking-
MQL4 Error Codes
  • #11
  • Jun 30, 2013 4:43pm Jun 30, 2013 4:43pm
Quoting stevegee58
I just backtested the EA under the conditions specified in the comments at the top of the source file. EURUSD, M1, default EA settings. I can verify that it backtests well. A couple of interesting characteristics of the system. It has a high success rate 82%, the average winner is about $6 and the average loser is about $20. So you have frequent smallish winners and an occasional $20 hit. I tried changing the trading hours but the default setting of 0800 - 1800 appears optimal. But if you think about it, it makes sense since this encompasses...
TP = 100, SL = 100, Average win = 6.17 Average loss = 17.83 ?? something is not right, test for a longer date range than 2 months, try 2 years or more.
20 pips a day isn't too much to ask . . .
  • #12
  • Dec 15, 2013 6:51am Dec 15, 2013 6:51am
Quoting RaptorUK
{quote} TP = 100, SL = 100, Average win = 6.17 Average loss = 17.83 ?? something is not right, test for a longer date range than 2 months, try 2 years or more.
I'll tell you what's not right - his modelling quality of less than 25% for one!
  • #13
  • Dec 15, 2013 7:18am Dec 15, 2013 7:18am
you have to adjust pips/points-stuff and ordersend/ordermodify-process because most of the brokers are 2stage ordersend, so you first have to send the order and after that you can set sl/tp.

set loaddefaults=true to load the defaults of the setfile (except of lotsize)
Attached File(s)
File Type: mq4 Scalp_net_v1.3.2a_tf.mq4   13 KB | 5,142 downloads
PM me with coding requests and I'll probably put you on my ignore list
  • #14
  • Aug 29, 2014 6:22am Aug 29, 2014 6:22am
Dear Traders,

Regarding this EA I have tried to back test it and forward test it with a modelling quality of 90% and here is what I have got:

1. If you used the default settings of this EA with lowest lots risk you will end up profitable no matter the conditions are even you back tested it over a long period of time.

2. If you tried to ignore the idea of letting the EA to go "Long&Short" in the settings and only chose one direction i.e. trade in the trend direction, the results are fabulous, and even your MDD and RDD will be very low.

I recommend to determine the trend from the daily chart or weekly chart and implement this EA on the 5min/15min chart in the direction of the trend and see the results for your self.

Good luck to you all
  • #15
  • Aug 29, 2014 11:00am Aug 29, 2014 11:00am
hello, can any body help me? whats the setting for this EA? it doesn't work on my mt4!
  • #16
  • Aug 19, 2016 9:45am Aug 19, 2016 9:45am
Does anybody use this scalper on a live account?
  • #17
  • Jan 18, 2017 5:28pm Jan 18, 2017 5:28pm
Hi All,
I want to use this EA but the file format that is available for download here does not work?
can you provide the download link again.the exe file that really works.
please guide.
thanks
  • #18
  • Edited 7:54am Jan 20, 2017 7:17am | Edited 7:54am
Can any ONE of you run a test on this EA FOR me.
My computer is playing up. It keeps stopping halfway through the test.
But the results look good.
Attached File(s)
File Type: ex4 SoeHoe.ID_Scalper_FX.ex4   55 KB | 2,602 downloads
  • #19
  • Jan 20, 2017 1:10pm Jan 20, 2017 1:10pm
send me the details of parameters that we have to set in the EA for back testing.
including the time frame.
  • #20
  • Oct 18, 2019 12:50pm Oct 18, 2019 12:50pm
hi guys

i have a great scalper for you , its waygrow.

it needs to be adjusted , because when it wins it wins small amount but when he lose it's a big loss.

can sombody help me with that ?

regards
Attached File(s)
File Type: ex4 WayGrow.ex4   49 KB | 944 downloads
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