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About This EA
Introduction
Bisha Scalping EA V5.0 MT5 is an automated trading system designed for the MetaTrader 5 platform, focusing on scalping strategies to capture small price movements in the forex market. It operates on lower timeframes and executes trades quickly using algorithm-based logic, making it suitable for traders who prefer fast and frequent trading with minimal manual intervention.
Key Features
- Fully automated trading with no manual execution required
- Scalping strategy targeting small, quick profits
- Advanced algorithm using indicators and price action
- Built-in risk management (Stop Loss, Take Profit)
- Spread filtering for better trade accuracy
- Customizable settings for risk and lot size
- Trade management tools like trailing stop and break-even
- Optimized for MetaTrader 5 performance
Recommended Settings
- Timeframe: M1 or M5
- Currency Pairs: EURUSD, GBPUSD (low spread pairs)
- Risk per trade: 1% to 2% for beginners
- Lot size: Use auto lot or small fixed lot initially
- Stop Loss / Take Profit: Keep default or conservative values
- Max trades: Limit to avoid overexposure
- Use VPS for stable 24/7 operation
Backtest Result
- Shows consistent small profits in stable market conditions
- Higher win rate due to scalping approach
- Drawdowns may occur during volatile periods
- Performance depends heavily on spread, broker, and settings
- Backtest results may differ from live trading due to real market conditions
Advantages
- Saves time through full automation
- Eliminates emotional trading decisions
- Executes trades at high speed
- Provides consistent strategy execution
- Built-in risk management system
- Suitable for beginners and busy traders
Disadvantages
- Sensitive to spread and broker quality
- Performance drops during high volatility or news
- Requires VPS for best results
- Needs periodic monitoring and optimization
- No guarantee of consistent profits
- Risk of drawdowns if settings are aggressive
Installation & Setup Guide
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Download the EA file (.ex5)
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Open MetaTrader 5
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Go to File → Open Data Folder → MQL5 → Experts
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Paste the EA file into the Experts folder
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Restart MT5
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Enable Algo Trading
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Attach the EA to a chart (M1 or M5)
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Configure input settings (lot size, risk, SL/TP)
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Allow permissions and activate the EA
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Use VPS for uninterrupted trading.
Support & Disclaimer
Support
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
WhatsApp: Click here
Telegram Group: Join our community
Disclaimer:
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.
Risk Warning
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