Description
<h3>Introduction</h3>
<p>EA Scalper V1.0 MT5 is an automated scalping Expert Advisor designed for fast, short-duration trades on MetaTrader 5. It aims to capture small price movements during active market sessions using quick entry/exit logic and tight risk controls, making it suitable for traders who prefer frequent opportunities instead of long holding periods.</p>
<h3>Key Features</h3>
<ul>
<li><strong>Scalping-focused execution</strong> with quick trade entries and exits</li>
<li><strong>Session-friendly trading</strong> (best performance typically during high liquidity hours)</li>
<li><strong>Built-in risk controls</strong> like lot sizing options and max trade limits</li>
<li><strong>Spread & slippage filtering</strong> to avoid poor entries during unstable conditions</li>
<li><strong>Auto trade management</strong> (profit locking / smart exit logic depending on setup)</li>
<li><strong>Works best on low-latency + low-spread environments</strong> (broker + VPS)</li>
<li>Recommended Settings (Safe Starter Setup)</li>
<li><strong>Timeframe:</strong> M1 or M5 (best for scalping), M15 if you want fewer trades</li>
<li><strong>Pairs:</strong> Major pairs with tight spreads (EURUSD, GBPUSD, USDJPY)</li>
<li><strong>Risk / Lot Mode:</strong></li>
<li>Beginner-safe: <strong>0.01 lot per $200–$500</strong> balance (fixed)
<ul>
<li>
<p>If using risk %: <strong>0.5% to 1% per trade</strong> (conservative)</p>
</li>
</ul>
</li>
<li><strong>Max open trades:</strong> 1–2 (keeps drawdown controlled)</li>
<li><strong>Spread limit:</strong> Keep it strict (only trade when spread is low)</li>
<li><strong>News filter:</strong> ON (if available), otherwise avoid high-impact news manually</li>
</ul>
<h3>Backtest Result</h3>
<p>Backtest performance usually depends heavily on <strong>spread, slippage, tick quality, and broker execution</strong>. In “ideal” backtests (tight spread + quality ticks), scalpers often show:</p>
<ul>
<li><strong>High win-rate</strong> with <strong>small average profit per trade</strong></li>
<li><strong>Occasional drawdown spikes</strong> during volatility or bad fills</li>
<li>Stronger results in trending bursts + clean liquidity periods</li>
</ul>
<h3>Advantages</h3>
<ul>
<li>Good for traders who want <strong>short-term trades</strong> and frequent setups</li>
<li>Reduces emotional decision-making through automation</li>
<li>Can perform well in <strong>stable spread + high liquidity</strong> conditions</li>
<li>Easier to monitor vs long swing systems (faster trade cycles)</li>
</ul>
<h3>Disadvantages</h3>
<ul>
<li>Scalpers are <strong>very sensitive to spread, slippage, and execution delay</strong></li>
<li>Results can vary widely between brokers</li>
<li>During news/volatility, it can enter at poor prices if filters are weak</li>
<li>Over-optimization risk (some scalpers look amazing in backtests but fail live).</li>
</ul>
<h3><strong>Installation & Setup guide</strong></h3>
<ol>
<li>
<p>Download the EA Scalper V1.0 (.ex5 or .mq5) file.</p>
</li>
<li>
<p>Open MetaTrader 5.</p>
</li>
<li>
<p>Click File → Open Data Folder.</p>
</li>
<li>
<p>Open MQL5 → Experts folder.</p>
</li>
<li>
<p>Paste the EA file into the Experts folder.</p>
</li>
<li>
<p>Restart MetaTrader 5.</p>
</li>
<li>
<p>Enable Algo Trading from the toolbar.</p>
</li>
<li>
<p>Open the preferred pair (usually M1 or M5 timeframe).</p>
</li>
<li>
<p>Drag the EA from Navigator → Expert Advisors onto the chart.</p>
</li>
<li>
<p>Enable “Allow Algo Trading” in settings.</p>
</li>
<li>
<p>Set risk (recommended 0.5%–1.5%).</p>
</li>
<li>
<p>Configure spread and other inputs as needed.</p>
</li>
<li>
<p>Click OK and confirm the EA is active.</p>
</li>
<li>
<p>Use a VPS for better stability.</p>
</li>
<li>
<p>Test on demo before live trading.</p>
</li>
</ol>
<h3><strong>Support & Disclaimer</strong></h3>
<h4><strong>Support</strong></h4>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<h4><strong>Disclaimer: </strong></h4>
<p>Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.</p>
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