Hi,
Greetings.
Before I reinvent the tyre, so to speak. Is there an EA or one I can modiy for the following system. Sorry if I posed in the wrong place.
Thanks in advance,
General
- System = Regular scalping
- Pairs = AUDUSD, CADUSD, EURUSED, GBPUSD, NZDUSD, USDJPY
- Session = US only
- Timeframe = 1M
- MA 50, 100 and 200 = We want a nice gap between all 3. Too close together and usually means consolidation is occurring.
- No need to close trades, let them progress to Target or Stoploss (See below)
- Don’t trade 30 minutes before scheduled news affecting pairs. (This can be done manually if not possible via indicators)
Buy Trade
- MA 50 > MA 100 by x times ATR
- MA 100 > MA 200 by x times ATR
- RSI (period configurable) > 50 (Momentum indicator often misused for OS/OB)
- Previous MA 20 bar closed below MA 50
- New MA 20 bar crosses and closes above MA 50
Sell Trade (Reverse of Buy Trade)
- MA 50 < MA 100 by x times ATR
- MA 100 < MA 200 by x times ATR
- RSI (period configurable) < 50
- Previous MA 20 bar closed above MA 50
- New MA 20 bar crosses and closes below MA 50
Target
- X times ATR (Usually 6 x ATR but configurable)
Stoploss
- X times ATR (usually 2 x ATR but configurable)
Scalping EA
- SteveHopwood
- Owner
- Posts: 9904
- Joined: Tue Nov 15, 2011 8:43 am
- Location: Misterton - an insignificant village in England. Very pleasant to live in.
Scalping EA
Learn to use TDesk and Desky and you will be able to play with your settings to your heart's content. TDesk looks daunting at first but is well worthwhile getting to know.

Read the effing manual, ok?
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.
To see The Weekly Roundup of stuff you guys might have missed Click here
My special thanks to Thomas (tomele) for all the incredible work he does here.
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.
To see The Weekly Roundup of stuff you guys might have missed Click here
My special thanks to Thomas (tomele) for all the incredible work he does here.