Tops Scalper EA

The robot strategically places Buy Stop and Sell Stop orders near important price levels to capitalize on the activation of stops or pending orders that have accumulated at those levels. To ensure the robot operates effectively, it’s highly recommended to use a broker with low slippage and low spreads such as IC Markets, a fast computer or VPS, and a low-latency trading server.

You can also manage trades based on currency profit or loss by setting Take Profit, Stoploss, and Trail Stop to 0 and disabling BreakEven. The robot will then use currency profit or loss to manage the trades. Additionally, the EA will automatically close all open orders when the specified trading goal is achieved.

The EA utilizes a scalping strategy that involves placing 3-5 trades simultaneously. The strategy aims to quickly profit from small price movements in the market.

When a trade is in favor, meaning the price has moved in the desired direction, the EA will close the trade when it reaches a profit of 10 pips. However, when a trade is not in favor, meaning the price has moved against the desired direction, the EA will close the trade when it reaches a loss of 2-5 pips.

This strategy requires constant monitoring of the market and quick decision-making. It’s recommended to use a broker with low spreads and fast execution to ensure the EA can execute trades quickly and efficiently. Additionally, it’s important to use proper risk management techniques to minimize potential losses.


Tops Scalper EA Features

  • Trading Terminal: Developed for MT4
  • Utilizes innovative Scalping Strategy
  • 100% automated trades
  • Fast trading placement and closing positions
  • High spread protection
  • Fixed Lot trades

Tops Scalper Ea Pricing

  • Demo: Free
  • Fixed Price: $49 (One Account Activation)

Tops Scalper Ea Strategy

The EA utilizes a scalping strategy that involves placing 3-5 trades simultaneously. The strategy aims to quickly from small price movements in the market.

When a trade is in favor, meaning the price has moved in the desired direction, the EA will close the trade when it reaches a favorable trade of 10 pips. However, when a trade is not in favor, meaning the price has moved against the desired direction, the EA will close the trade when it reaches a loss of 2-5 pips.

This strategy requires constant monitoring of the market and quick decision-making. It’s recommended to use a broker with low spreads and fast execution to ensure the expert advisor can execute trades quickly and efficiently. Additionally, it’s important to use proper risk management techniques to minimize potential losses.

Tops Scalper Ea Account Requirements

  • Time: New York Session
  • Leverage: 1:1000
  • Cent account: $100 Min.
  • $1000 per 0.01
  • TF: M1-M5

Tops Scalper Ea Input and Parameters

ParameterDescription
LotsLot size used if fixed lot size is applied and no auto lot management is used.
Manage_LotTrue/false parameter that determines whether the lot size is automatically calculated by the EA (when set to true) or if a fixed lot size is used (when set to false).
Keep Higher LotIf set to true and Manage_Lot is also true, the EA will use the highest lot size previously used to maintain the same ratio between wins and losses.
Risk PercentUsed in auto lot management. If set to 1 with Manage_Lot set to true, it will open a 0.01 lot size for every $100 of the account equity.
Smart LotTrue/false parameter that, when set to true, causes the EA to decrease the lot size based on the DecreaseOnLosses and DecreaseOnWins parameters and reset the lot size after a series of losses or wins.
DecreaseOnLossesCoefficient for lot size decrease in a series of losses if SmartLot is set to true, calculated as lot/DecreaseOnLosses.
DecreaseOnWinsCoefficient for lot decrease in a win series if SmartLot is set to true, calculated as lot-lot*wins/DecreaseOnWins.
Hard StopA normal stop loss set in points, based on the pending order placement or on the virtual trade level, if virtual pending orders are used. If set to 0, it is not used.
Virtual StopCloses the open order if it was triggered at a worse price than initially requested so that the loss is not larger than it should be. Set in points and not used if set to 0.
Take ProfitNormal take profit set in points, based on the pending order placement or on the virtual trade level. Not used if set to 0.
SellOffSetOffsets the pending orders (SellStop or BuyLimit) with the value input in points. If the input value is positive, the EA will place the order above the lowest level by the number of points input by the user. If the input value is negative, the EA will place the order below the lowest level by the number of points input by the user.
BuyOffSetOffsets the pending orders (BuyStop or SellLimit) with the value input in points. If the input value is positive, the EA will place the order below the highest level by the number of points input by the user. If the input value is negative, the EA will place the order above the highest level by the number of points input by the user.
TrailingStopSet in points and not used if set to 0.
TrailStepThe step in points the TrailStop will move.
StartTrailAfterStarts the TrailStop only after the points in profit are achieved.
BreakEvenTrue/false parameter. If set to true, BreakEvenAfterPoints will move SL to BreakEvenPoints in profit.
StochasticPeriodStochastic is used to change or reset trade levels.
LevelThe number of candles used to calculate the high and the low level.
VirtualPendingOrdersTrue/false parameter. If set to true, market orders are used instead of pending orders.
MaxSpreadPointsMaximum spread allowed if working with market orders, set

Conclusion

Tops Scalper EA employs an innovative scalping strategy that aims to generate quick trades from small price movements in the market by placing 3-5 trades simultaneously. The EA strategically positions BuyStop and SellStop orders near crucial price levels to capitalize on the activation of stops or pending orders that have accumulated at those levels, to ensure optimal performance, it’s crucial to use a broker with low slippage and spreads, a fast computer or forex VPS, and a low-latency trading server. The EA can also manage trades based on currency profit or loss and will automatically close all open orders once the desired trading goal is reached.


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