Product Description
EA Black Scorpion
https://www.mql5.com/ru/signals/796222
V10.79
The Expert Advisor uses the main strategy for the breakdown.
Breakout trading is one of the most popular and often used Forex strategy by traders. This strategy was developed a long time ago, and has been repeatedly tested on historical data, demonstrating enviable results.
The Expert Advisor uses 3 types of trend breakdown, (resistance and support breakdown, Downtrend breakdown, Uptrend breakdown).
The Expert Advisor uses a small stop loss, which means that the account is always protected from drawdowns, and the risk per transaction is very low.
An adaptive trailing stop algorithm is used.
The Expert Advisor uses the system of closing positions when slipping.
Backtesting and optimization were carried out on real ticks with a history quality of 99.9%. The EA has successfully passed the stress test.
The Expert Advisor implements an algorithm for collecting statistics with the output of statistics to the information panel.
Monitoring:https://www.mql5.com/en/signals/796222
Version for МetaТrader 5: https://www.mql5.com/ru/market/product/34554
Requirements and recommendations
- Before using it on a real account, test the Expert Advisor with minimal risk.
- Low spreads + low commissions + high-quality execution – this is the main thing when choosing a broker for trading.
- Be sure to use a VPS with minimal network delays to the broker’s server;
- The maximum spread is from 0 – 20 pips (0.0 to 2.0 pips).
- The maximum stop level is from 0 – 5 pips (0.0 to 0.5 pips).
- The maximum freezing level is 0 points (0.0 pips).
- Leverage of 1:100 or more is recommended.

Options
Dashboard:
- Show_Info_Panel — Dashboard. (in the value false – Speeds up testing in the strategy tester).
Magic:
- Magic —Id of transactions.
Comment:
- Order_Comment—Comments on the order.
Slippage:
- Slippage — Allowable slippage before triggering an order.
- Max_Spread — The maximum allowable spread before triggering a pending order.
- Order_Type — Choosing the direction of trade.
Fixed lot:
- Fixed_Lot is a constant lot ( if “Use_Risk_MM” = false ).
Risk Money Management:
- Use_Risk_MM — In the value of true, the lot size increases as the account balance increases. ( Risk management ).
- Percentage_Risk — Increase the lot size based on the balance sheet (risk management in %).
Take Profit:
- Take_Profit — Take profit in points.
Stop Loss:
- Stop_Loss — Stop loss in points.
Settings for moving stop loss to breakeven.
- Use_Break_Even — In the value of true, the stop loss price moves to breakeven if the price is higher than the targeted points.
- Breakeven_Target_PipsInp — If the price exceeds this value, a breakeven is triggered.
- Breakeven_Jump_PipsInp — Stop loss moves to breakeven to this value.
Tracking stop settings.
- Use_Trailing — In the value of true, profit is protected by a trailing stop.
- Trailing_Stop — Trailing points when the position is in profit.
- Trailing_Step – The trailing step when the position is in profit.
Adaptive trailing:
- Adaptive_Trailing_to_slippages —Adaptive trailing stop.
- Change_correction_coefficient — Trailing sensitivity coefficient.
- Adaptive_by_Time — Algorithm ofadaptive trailing by time.
- Time_Scale —Time range for price analysis.
Trading by time within the day:
- Use time — In true, trading goes by time.
- Time_Setting — Server time or computer time.
- GMT_mode = Mode for determining the offset of the broker’s server time relative to GMT. ( 0 – unused ).
- Every_Day_Start — Start time (hh:mm).
- Every_Day_End — Shutdown time (hh:mm).
Shutdown time on Friday:
- Use time — In true, trading goes by time.
- Time_Setting — Server time or computer time.
- GMT_mode = Mode for determining the offset of the broker’s server time relative to GMT. ( 0 – unused ).
- Disable_in_Friday — Friday shutdown time (hh:mm).
428
Yutish Govsky 2017.10.20 19:08 #
2016.07.26 Looks promising. I’m not sure why this is not popular yet, I will test it more and post its performance. I hope it’d do well 🙂
2016.08.17 I’m happy with this EA overall. I’ve learned that the result could really vary depending on the brokers.
2016.09.12 I need to know well how to use this EA, however I must say that it’s yes profitable so far.
2017.06.02 Keeping good performance. Broker and VPS sensitive.
2017.06.26 June was a great month for Black Scorpion.
2017.10.20 All the benefits during two years had gone. Bye-bye money, bye-bye scorpion.

234
Ytalo Felipe Dos Santos Nascimento 2017.04.20 20:50 #
Approved. Just need to fix the percent info on panel and setup 1% is showing 10% instead 1%.

988
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