Trading Robots for MetaTrader 5
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MetaTrader 5
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Overview
Description
Rialtoimitator SCALPBOT is a fully automatic scalping trading system designed for the EURUSD currency pair. The system is based on the patterns of behavior of price steps (ticks) during an intraday change of direction.
The system's algorithms work only with ticks, ignoring information about the state of bars, so there is no difference in which timeframe you use SCALPBOT - calculations are performed inside the bar.
Trading
Trading is carried out on the EURUSD currency pair. Predefined stop loss and take profit are not set. All trades are closed with the opposite, regardless of whether the deal is in loss or profit at the moment the signal is detected.
In certain situations, the robot can take up to three unidirectional positions. Within this automatic strategy framework, this behavior does not mean averaging a losing position or a grid: in 50% of cases, positions can be added when the trading result of deal is positive.
Risks
This scalping system was created with the primary task of the protection and security of funds. When testing is known to be aggressive for the system, it shows positive results, withstanding all force majeure events in five years.
For small deposits, it makes sense to enable the reinvestment function. It will help to reinvest free funds many times and get a potential profit in mathematical progression. For large deposits, I recommend using the default settings.
Settings
To save the user from possible multiple interpretations of the system's results and its adjustment to historical data, I excluded minor parameters from its settings.
There are two parameters in the current version: Risk Control and Reinvestment.
- The Risk Control parameter is responsible for the aggressiveness of selecting the lot for the deal corresponding to your deposit (Optimal by default).
- The Reinvestment parameter enables or disables the reinvestment function (disabled by default).
Minimum deposit
Rialtoimitator SCALPBOT will trade with any minimum deposit possible. But in order for the bot to comply and follow the rules of risk control, I recommend using deposits of $ 200 or more.
Account type
Don't worry about your account type: SCALPBOT automatically detects hedging or netting type of order accounting in your MT5 account.
Testing
When testing, use the tick history of a real account with 100% historical data quality to get reliable results.
It should be noted that since the units for obtaining information and calculating it for SCALPBOT are ticks, the history of which may differ slightly, depending on the chosen broker. Therefore, when testing, the results may also slightly differ from those presented, both for the better and for the worse.
When testing this system, ten brokers were selected. The data shown in the screenshots is the average of the results of this test.
Support
For more information, you can contact in private messages.
