Climberg Scalper EA is a night scalper that trades during the calmest periods of the market. During this period the markets usually fluctuate and the advisor will trade within these ranges. Each trade will have an initial stop loss and take profit, but the EA also uses advanced stop loss management algorithms that will assess the strength of the trades. The Expert Advisor does not use a martingale or a grid. It only enters a trade with market orders and uses a stop loss for each trade!

Attention !!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication.Also, please note that the name of the adviser has been changed, you can find the original name of the adviser in our telegram channel https://t.me/FX_VIP/1823

Developer price399 USD FREE for you
TerminalMT4
Currency pairAUDUSD, EURUSD, EURGBP, GBPUSD, USDCAD
TimeframeM5
Money managementAt least 100 currency units for each pair
Recommended brokersIC MarketsALPARI
For advisor recommended to use VPS 24/5Zomro (most affordable Windows server only $ 2.75 per month)

Trading logic:

The advisor works on all pairs with a stable spread and quiet movement overnight. But it is also programmed to handle large spreads without much loss of performance. The Expert Advisor uses a number of advanced techniques to determine the most accurate entry and exit points, so the win rate is high. The advisor also has a spread filter and a slippage filter to prevent opening trades on markets that move too volatile.

Key Features:

  • Trading during quiet market hours
  • SL on every trade to protect capital
  • Smart SL and TP management based on market movement
  • Spread Filter
  • Slippage filter

Back test:

The back test was conducted over the past six months, for the test a minimum deposit of $ 100 was taken, all default settings.

EurGbp

UsdCad

Settings:

How to install:

This is a patched file so the installation is slightly different.

  1. Install the advisor file and set file as usual in the appropriate folders
  2. In the archive with the adviser there will be a “fix” folder, it must be placed in the root folder where the terminal.exe is located, and put the msimg.dll there

Conclusion:

As a rule, most night scalpers show good results in the back test, but in real trading, everything turns out to be much worse, for the reason that at night the spread often widens and slippage increases. But this Expert Advisor, according to the developer, is programmed to process large spreads and also has a slippage filter and a spread filter, which in due time increases performance and does not allow opening a deal on some signals. The EA uses tp and sl, each trade is also accompanied by a trailing stop, SL is three times more than TP, which leads at some point when it is triggered to a good loss of the deposit, although SL rarely works, but it will be important to understand this, in general, all transactions in mostly closes with a profit.
The EA actually looks decent, and it seems to me that it can make a profit, although all this has yet to be tested on a real cent account. It is also possible that you should try to optimize it, the settings are all clear and by testing the adviser with different parameter values, it may be possible to achieve a better result, although the developer claims that the adviser is already optimized with standard settings for the AUDUSD, EURUSD, EURGBP, GBPUSD, USDCAD currency pairs.
But again, I repeat, you don’t need to blindly believe the back tests, test the adviser on a demo account or a cent before putting it on a real account !!!

IT IS IMPORTANT!!! THIS ADVISOR WORKS AND HAS BEEN TESTED WITH BUILDING 1353 AND LIBRARY VERSION FILE msimg32 v1.0.0.8 Patch

For the advisor to work, you need to install the library DLL in the root folder of the terminal, please read the instructions, the installation of this advisor may differ from the standard installation – https://fx-vip.pro/libraries-mt4/

Reminder: As with every trading system, always remember that forex trading can be risky.  Don’t trade with money that you can not afford to lose.  It is always best to test EA’s first on demo accounts, or live accounts running low lotsize.  You can always increase risk later!

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DOWNLOAD EA Climberg Scalper

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