ZigZag Scalper Pro

 

Real Signal:https://www.mql5.com/en/signals/640565

ZigZag Scalper Pro is an Expert Advisor based on ZigZag Indicator. It is a very simple automatic system that uses ZigZag Indicator and puts pending orders (buystop and sellstop) at last high and low position of ZigZag. It only opens trade when price breaks out the high or the low, then using Breakeven, Trailingstop, Takeprofit, Stoploss to close trades. EA has an automatic function of close trades with Profit or Max DD. It opens maximum 2 trades at the same time.  It is very easy to use, does not need any complicated settings, just add it to a chart and it will run like clockwork for you.

We created this EA to work on TF : H1 and default setting is used for XAUUSD but you can also test with any other currency pairs with veriable parametters in order to get best result as you like. Please download, run backtest before running real account.  

ZigZag Scalper Pro uses no martingale, no hedging, no grid. It always uses stoploss and close automaticallyby Max DD to protect your money. It is recommended to use with low spread brokers (<20 pips for XAU without commission). ECN Account and a low latency VPS. This EA does not require big account. You can start with small account of $50 only. (Leverage: 1:500)

For Customers

Please send the author a private message to get support or help, or anything else.

• Magic: 190701 (Each pairs must be used 1 magic number, EA will operate independently without being affected by other EAs or manual trading) 
• EA name: ZigZag Scalper Pro  (You can change EA name as you like)
• AutoLot: 1

0: Inactive

1: Active

• FixLot: 0.01 ( Active when AutoLot=0) Lot= FixLot
• Risk (%): 2 (Active when AutoLot=1) Lotsize = Risk%* Equity/100. (If lotsize<Minlot, Lotsize=Minlot) 
• BreakEven=1000; BreakEven (> 0 ) is active
• 
  
• MinProfit=500; MinProfit (Active when Breakeven > MinProfit), When profit is equal Break Even, it will move Stoploss to Open Price +/-  MinProfit. You should set BreakEven > MinProfit + StopLevel. Look at the above corner on the leftof MT4 Screen to know StopLevel. 
• TrailingStop=1000; (TrailingStop (>0) is active), When profit is equal 1000 points, it will begin to trail.
• StopLoss=3000;
• TakeProfit=10000;
• MaxSpread=30; if Spread widens more than 30, EA deletes pending orders and does not open orders, Look at the above corner on the Left of MT4 Screen to know Spread)
• Use_SmartTakeProfit=True; This function helps EA close trades automatically
• SmartTakeProfit ($/0.01): 10 ; When Profit = 10 usd/0.01, EA close trades.  
• Use_Max_DrawDown=True; This function helps EA close trades to control risk and protect your account.
• Max_DrawDown (%) =6;  When Loss = MaxDrawDown%  x Ballance, EA close trades. 
• ZigZag (x,5,3)=12; Period of ZigZag
• Indent=0;  Distance between top/bottom and stop orders.
• ReturnBack=5000; When new candle opens, price returns back from Last High or Last Low of ZigZag 5000 points or more (for XAUUSD =  5 USD), EA will open new pending order. If it turns back smaller than 5000 points, EA does not still open new trading orders. 
• StartHour=0;  When server time is >= StartHour, EA will open pending orders.
• EndHour=22;  When Server time is >= 22, EA will not open orders and delete pending orders. You can choose period of trading time as you like between StartHour and EndHour. 

Further information please send private message to me.
Thanks 

Tran Van Hieu

From 19.08.2019: Update new Version 2.0

New version 2.0 : 

- Fix error code =1 
- Fix OrderModify error 
- Fix OrderSend error 

- SmartProfit, SmartStoploss, deleting pending orders, Trailing, Breakeven function belong to only 1 magic number. Other magic numbers or EAs or Manual Trading orders are not affected by this EA.