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RMI Scalper EA is a fully automatic Expert Advisor that trades on pullbacks of the main trend, using the RMI indicator and limited averaging. Trading is conducted with market orders using averaging to bring negative trades to a plus. It works best on USDJPY, EURUSD, GBPUSD,USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP and EURJPY, on the M30 timeframe. It can trade several pairs, but at a time it can only make trades on one pair – this increases the frequency without increasing drawdowns. A VPS server is recommended for this system. The “Discussion” section presents the test results and optimized settings.

Direct Test signals –

  • Fully automated
  • Not sensitive to the spread size
  • Risk management
  • Works on an account of any size
  • Always set a stop loss
  • Only for hedging accounts
  • The system can work according to the NFA/FIFO rules
  • Without grid
  • Does not use martingale
  • All you need is a VPS

Orderoa settings:

  • MagicOrderNumber – a unique number for determining the EA’s trades. Any integer.
  • Lots – fixed lot if money management is disabled. Values from 0.01 to 50.0.
  • Slippage – slippage in pips. Values from 1 to 10.
  • MoneyManagement – when enabled, the lot size for trades is calculated based on the account risk-true/false.
  • MoneyManagementRisk – risk per trade if money management is enabled. Values from 0.01 to 0.1.
  • AllowNewTrades – allow opening of new trades, true/false
  • AccountProfitLock-if money management is enabled, the EA will stop trading when the account balance drops to the specified percentage of the account balance (0.5 = 50% of the account balance). Values from 0.0 to 1.0.
  • NFA_FIFOCompliant-enable this option if your broker requires trading under the NFA and FIFO rules, true/false.
  • MultiPairSingleTrade-enable it for trading on multiple pairs (multiple charts on which the chart is launched), but at a time it will only open a trade on one pair, i.e. it will trade more often on different pairs, true/false.

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Login Settings

  • TimeFrame-drop-down menu for selecting the timeframe of the Expert Advisor, so that the timeframe of the chart does not affect the work of the Expert Advisor. When testing, make sure that the tester’s timeframe matches this value.
  • Trend1TimeFrame-drop-down menu for selecting the timeframe for the first trend detection.
  • Trend2TimeFrame-drop-down menu for selecting the timeframe for the second trend definition.
  • MaxSpread – the maximum spread in pips at which trading is allowed. Values from 1.0 to 10.0.
  • TakeProfit – take profit (0-disabled). Values from 0 to 200 depending on the traded pair.
  • StopLoss-the stop loss visible to the broker, from 25 to 4000, depending on the traded pair; the value should be greater when using averaging.
  • Averaging – use averaging, true/false.
  • AveragingStep-movement in the negative direction in pips, at which the EA will open the next averaging trade. Values from 5 to 100.
  • AveragingBars – the number of bars from the previous trade during which the AveragingStep parameter will be ignored. Values from 1 to 1000.
  • AveragingMultiplier – lot multiplier for averaging trades. Values from 1.0 to 2.0.
  • AveragingCount – the maximum number of open trades, when this number is reached, the group of trades will be considered unprofitable and will be closed. Values from 1 to 20.
  • BreakEven-use breakeven, true/false.
  • BreakEvenStartPips – the number of pips to trigger the breakeven. From 1 to 100.
  • BreakEvenPips – the distance in pips from the opening price to set the stop loss to breakeven. From 0 to 100.
  • TrailingBars – the number of past bars for the trailing stop (0-disabled). From 0 to 10.
  • TrailingBarsTimeFrame-drop-down menu for selecting the timeframe for trailing bars.
  • MinTrailingStopLoss – minimum distance to enable the trailing stop. From 0 to 100.
  • RMIPeriod – the RMI period. From 2 to 50.
  • MomPeriod – the pulse period for calculating the RMI. From 2 to 50.
  • RMIThreshold-the RMI threshold, the lower the value, the fewer trades the EA will make. From 5 to 45.


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