Please Help Me Replicate This EA.

[NamiyrD]

SCALPER PRO V.7.ex4

SCALPER_PRO_V.7_Source Code.mq4

I want to ask anyone to please help replicate this EA and send me the full set up so I'll know how to make another, thank you.

The most it does is trade trailing sell stop sell orders, with trailing stop loss, and take profit percentage of balance.

those are the only three functions i need to replicate its functionality.

you can test it to see what I'm talking about, I even displayed a source file for it.

[l'andorrà]

I don't think anyone here would do that. What you are requesting is an extraordinary effort even for experienced programmers. Just my opinion.

[Ipod]

The Expert Advisor (EA) described in the provided script uses a combination of technical analysis and certain conditions for its entry and exit strategies. Here's a breakdown of the entry and exit conditions as inferred from the script:

Entry Conditions

1. Price Moving Averages (MAs): The EA calculates two moving averages (MAs) based on the MAPeriod and MAMethod settings, one applied to the PRICE_LOW and another to the PRICE_HIGH. Entry signals are generated based on the current bid price's position relative to these MAs:

   • Buy Signal: Generated if the bid price is above the MA calculated on PRICE_HIGH.
   • Sell Signal: Generated if the bid price is below the MA calculated on PRICE_LOW.

2. ATR Threshold: The script uses the Average True Range (ATR) to determine market volatility. A trade is considered only if the ATR is greater than a certain threshold (Filter parameter), indicating sufficient market movement.

3. Spread and Commission Conditions: The EA checks the average spread and adds any commission to ensure it does not exceed a predefined maximum (MaxSpreadPlusCommission). This condition helps in avoiding entry into trades during times of high spread which can negatively impact trade outcomes.

4. Time Filter: Trades are restricted to specific times of the day, controlled by StartHour, StartMinute, EndHour, and EndMinute parameters. This allows the EA to trade only during potentially more profitable market hours.

5. Position Opening: Based on the signal (buy or sell), the EA attempts to open a position by sending a buy or sell stop order. The lot size for the order can be determined either by a fixed lot size (FixedLots) or dynamically based on the account balance and a risk percentage (Risk parameter) if UseMM (Use Money Management) is TRUE.

Exit Conditions

1. Trailing Stop: The script adjusts stop loss levels for open trades to implement a trailing stop mechanism. This is done by moving the stop loss to a certain distance (Distance parameter) away from the current bid (for sell orders) or ask (for buy orders) price, thus locking in profits as the trade moves in favor of the position.

2. Stop Loss Adjustment for Pending Orders: The EA also modifies the stop loss for pending buy or sell stop orders based on the current price and a predefined stop loss value (StopLoss parameter).

3. No specific Take Profit: The script does not explicitly define a take profit condition within the provided segments. Instead, it relies on the trailing stop mechanism to secure profits and exit the trade.

4. No Explicit Exit Signal: The script does not include a clear exit signal based on technical indicators or price patterns. The primary mechanism for exiting a trade is the trailing stop loss adjustment.

Additional Notes

• The EA includes mechanisms for handling spread and commission, visualizing trading information on the chart, and dynamically adjusting orders based on market conditions.
• It's essential to note that the actual implementation of these entry and exit strategies can depend on additional factors not covered in the provided segments, such as specific parameter settings and market conditions.

This breakdown provides an overview of the trading strategy's core mechanics based on the provided script. However, without running the EA in a test environment or having more detailed documentation, some nuances or additional conditions implemented in the code may not be fully captured here.

[VHV-Profit-Masters]

@Ipod se puede convertir este EA de codigo MQ4 a formato editable de fxdreema?

[l'andorrà]

@Ipod And your question is?

[Ipod]

@DragonZueloTrends There is no question, just an overview of the strategy.

[Ipod]

@DragonZueloTrends no sorry, i cannot.

You would really need to know the specifics of the strategy to get an accurate model of this ea. General information is not enough.