GTX Scalper EA is a powerful Expert Advisor crafted exclusively for the EURUSD pair. Designed for precision and versatility, this efficient scalping tool uses pivot point calculations combined with the identification of overbought and oversold areas to provide accurate trade signals. Equipped with 17 fully adjustable strategies, GTX delivers exceptional adaptability, reliability, and control, making it an ideal choice for both novice and experienced traders.
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Key Features
Multi-Strategy Approach:
Offers 17 distinct strategies that can be fully tailored to fit your trading preferences.
Adjustable Settings:
Easily optimize the parameters as you see fit, or stick with the default configurations.
Safe Trading Methods:
Excludes risky tactics like the martingale to ensure safer capital management.
Capital Safeguards:
Each trade is protected by both dynamic and fixed Stop Loss levels.
Plug-and-Play:
Comes pre-configured for immediate use, compatible with most brokers right away.
Advanced Filters:
Includes a news filter and a trading schedule filter to avoid volatile market periods.
News Filter Testing:
You can test the news filter within the strategy tester—contact me to receive the necessary news file for this feature.
Trading Specifications
Currency Pair: EURUSD
Preferred Timeframe: 1 Hour (H1)
Minimum Required Deposit: $100
Suggested Leverage: Ideally 1:100 or higher
Optimal Trading Environment: Best used with ECN accounts offering tight spreads
Recommended Brokers: Roboforex, IsMarkets, Alpari
Inputs
Trade Configuration
- Magic Number: 375 — Unique identifier for the advisor’s trades.
- Slippage: 3 — Maximum allowed slippage when placing an order.
- Max Spread: 0 — Maximum spread filter; activate only if needed.
- Order Comment: “GTX” — Label attached to all trades by the EA.
- Lot Type: AutoLot — Choose between automatic or fixed lot sizing.
- Lot Size/Percent Lot: 0.25 — Recommended maximum values vary by leverage: 0.2 for 1:500, 0.15 for 1:300, 0.07 for 1:100, and no more than 0.02 for 1:30 leverage.
- Take Profit: 0 — Disabled by default but can be enabled if desired.
- Trailing Stop: 20 — Trailing stop value; increasing is generally discouraged, and lowering to 19 is suggested if not using an ECN account.
- Stop Loss: 0 — Not enabled by default since drawdown control manages losses; if used, a minimum of 700 points is advised.
- Max Drawdown %: 40 — Sets the limit for maximum allowed drawdown.
- Trading Hours: “00:00-23:59” — Define active trading periods.
- Friday Trading: true — Option to restrict trading on Fridays if needed.
News Filter Options
- News Filter Enabled: false — Turn the news filter on or off.
- Medium Impact News: true — Enable filtering for medium-impact news, recommended since its effect often surpasses major news.
- High Impact News: true — Enable filtering for high-impact news events.
- Pre-News Pause (minutes): 35 — Time to halt new orders before news releases; 35 minutes is sufficient as orders open on new candles.
- Post-News Pause (minutes): 35 — Delay opening orders after news events.
- Show News on Chart: true — Toggle news event markers on the trading chart.
- Close Orders Before News: false — Option to close trades before news, generally not recommended due to poor test results.
Visual Customization
- Color Scheme: true — Enable or disable the color theme.
- Display Panel: true — Show or hide the information panel.
- Panel Size: 12 — Adjust the size of the panel interface.
- Text Size: 11 — Set the font size for text on the panel.
Signal Reports
The live trading performance of GTX Scalper EA over a 36-week period generated a total return of 208%, starting from an initial investment of just $200. Throughout this time, the risk level remained consistent and controlled.
✅ Starting Capital: $200
✅ Total Gain: +208%
✅ Impressive Win Rate: 94.5%
How to Install and Set Up
The advisor is equipped with default settings optimized for compatibility with most brokers. For those wishing to adjust the system according to their unique trading conditions, the following options are available:
- Take Profit and Stop Loss levels customization.
- Adjustable depth for the recovery mechanism.
- Individual configuration for each of the 17 trading strategies.
- Maximum drawdown limits to manage risk effectively.
Why should you use GTX Scalper?
Reliable Track Record:
This advisor has been actively trading for more than a year, consistently producing steady outcomes.
Enhanced Performance:
Building on this system, we created Cetus—an upgraded version that executes trades 40% more often while keeping the same level of accuracy in signals.
User Rating
4.54 Star Rating
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