SAADSCALPER
Trades that are not successful to scalp are handled in a different and unique way of martingale. It includes two options to deal with open trades.
Pending Order Martingale (It helps to reduce Draw Down)
Market Order Martingale
It works on multiple currency pairs simultaneously and best results found for EURUSD, GBPUSD, USDCHF, USDCAD, AUDCAD and AUDUSD. More trading opportunities for lower time frame.
SAAD Scalper Parameters
Basic Variables1
Lot Size of each Trade- Default value 0.01. Set as per your equity.
LotModeAuto- Set False/True as per your requirement.
%Risk- Lot is calculated as per formula Lot= AccountEquity* Risk/100/1000 If LotModeAuto is set True. Design Lot Size as per your requirement and Risk Factor.
Target Pips- Best value found 100 for 5 Decimal Broker as a 10 pips. Set as per your testing results.
Stop Loss- Default Value is 0. It works only if both martingale are set to False. As per testing results it is not recommended. This feature is included as per request of different users. Use it as per your experience.
Magic Number- Magic number should be unique on same MT4 terminal.
Apply Martingale Type
Market Order Martingale- True/False
Pending Order Martingale- True/False
Please note that: You can use only one Martingale at one time. If both are true, martingale will not work. If you want to use StopLoss feature keep both false. If any one of true
StopLoss feature will not work.
Basic Variables3 - It Sets Parameters for Market Order Martingale
Steps in Pips: Default value 500 for 5 Decimal Broker as a 50 Pips. You can design it as per considering your Lot Size, Equity and Currency Pair Price Movement Span for safe use of martingale to avoid Margin Call.
Basic Variables4 - It Sets Parameters for Pending Order Martingale
Steps in Pips- Default value 700 for 5 Decimal Broker as a 70 Pips. You can design it as per considering your Lot Size, Equity and Currency Pair Price Movement Span for safe use of martingale to avoid Margin Call.
Open Pending Order: Default value 400. This value depends upon Steps in Pips.
Eample 1 Sell- If original order is Sell and price hits 700 steps above the original order level Pending Order Sell is initiated 400 steps above the previous Sell Level.
Eample 2 Buy- If original order is Buy and price hits 700 steps below the original order level Pending Order Buy is initiated 400 steps below the previous Sell Level.
Pending Order Expiry in Days- Set Pending Order Expiry time in days. Default value 30 days.
Apply Volume Filter
Apply Volume Filter- True/False
Volume Level- Set Level if Apply Volume Filter is True.
Volume Filter is introduced to avoid any trade during high volatility and market noise.
Basic Variables6 - Trading Hrs Range in GMT
Trading Round the Clock 24Hr- True/False
Start Trading Time in Hr- 0
Stop Trading Time in Hr- 23
more...
16SamishParley 2016.04.06 23:41 #
Awaiting for next release for PO. Current version working fine. Working nice so far.17JessicaTherone 2016.04.06 23:22 #
Using it since last two months, Good results so far. Entry positions are good. Just watching what it is doing.130Leandro Mendes 2016.03.23 20:40 #
Very good EA. I am new so I'm not very good at manual trading. My solution was to go looking for EAs that would help me out.
So far this is the only one that I have been able to make a good bit of profit from. Only a few times it opened a trade and the market went against it. I had to close it before it got too ugly. But it was only once or twice, since that I have been watching the trades. Another thing I have been doing is trusting it more. When it opens a trade and the open trade starts taking loss I end up opening another trade with x2 the lot size. So far it's been working. Even if the EA was going to be a little off (doesn't get to the 100 pips) the trade I opened usually covers the loss and still makes a good bit of profit.
Thanks Adnan for the EA! Keep it up!220Rama Vardhan Narala 2016.03.01 19:05 #
this is not a saadscalper !! this is sad scalper!!! every time margin call occurs when in backtest439Paolo Ronchetti 2016.02.26 21:54 #
User didn't leave any comment to the rating84Roland Mordt 2016.02.24 22:09 #
Really fine results, thx.123Nabeel Ahmad Ghaitha Abusamhan 2016.02.24 14:11 #
i want mq4 file i want chnge
if you like21mindaos 2016.02.24 08:59 #
Works good, but you must be careful. It has no SL. So you can loose everything if market goes in wrong direction. Watch the important news and close open trades manually if you see the risk.16Tom Ric 2016.02.14 20:39 #
Nice Work and Free. I am using it with my trending EAs to hedge losses during choppy market. It completed my system and reduced losses that I was facing during trend strategies. 5838Ovidiu Caslariu 2016.02.13 22:10 #
So far so good.237philippe germain 2016.02.12 22:36 #
Nice results until now. Rating: Add review Attach fileAttach up to 32 files maximum 16 Mb per upload (.gif .png .jpg .jpeg .zip .txt .log .mqh .ex5 .mq5 .mq4 .ex4 .mt5 .set .tpl .flv)Please follow the rules Version 1.6 - 2016.01.21
1) It includes Trading Start and Trading Stop Time in GMT
2) It includes Money Management feature and calculating Lot Size in %Risk of Equity "
https://www.mql5.com/en/market/product/11172
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