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About This EA
Introduction
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.
Key Features
- Scalping-focused execution with quick trade entries and exits
- Session-friendly trading (best performance typically during high liquidity hours)
- Built-in risk controls like lot sizing options and max trade limits
- Spread & slippage filtering to avoid poor entries during unstable conditions
- Auto trade management (profit locking / smart exit logic depending on setup)
- Works best on low-latency + low-spread environments (broker + VPS)
- Recommended Settings (Safe Starter Setup)
- Timeframe: M1 or M5 (best for scalping), M15 if you want fewer trades
- Pairs: Major pairs with tight spreads (EURUSD, GBPUSD, USDJPY)
- Risk / Lot Mode:
- Beginner-safe: 0.01 lot per $200–$500 balance (fixed)
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If using risk %: 0.5% to 1% per trade (conservative)
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- Max open trades: 1–2 (keeps drawdown controlled)
- Spread limit: Keep it strict (only trade when spread is low)
- News filter: ON (if available), otherwise avoid high-impact news manually
Backtest Result
Backtest performance usually depends heavily on spread, slippage, tick quality, and broker execution. In “ideal” backtests (tight spread + quality ticks), scalpers often show:
- High win-rate with small average profit per trade
- Occasional drawdown spikes during volatility or bad fills
- Stronger results in trending bursts + clean liquidity periods
Advantages
- Good for traders who want short-term trades and frequent setups
- Reduces emotional decision-making through automation
- Can perform well in stable spread + high liquidity conditions
- Easier to monitor vs long swing systems (faster trade cycles)
Disadvantages
- Scalpers are very sensitive to spread, slippage, and execution delay
- Results can vary widely between brokers
- During news/volatility, it can enter at poor prices if filters are weak
- Over-optimization risk (some scalpers look amazing in backtests but fail live).
Installation & Setup guide
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Download the EA Scalper V1.0 (.ex5 or .mq5) file.
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Open MetaTrader 5.
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Click File → Open Data Folder.
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Open MQL5 → Experts folder.
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Paste the EA file into the Experts folder.
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Restart MetaTrader 5.
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Enable Algo Trading from the toolbar.
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Open the preferred pair (usually M1 or M5 timeframe).
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Drag the EA from Navigator → Expert Advisors onto the chart.
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Enable “Allow Algo Trading” in settings.
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Set risk (recommended 0.5%–1.5%).
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Configure spread and other inputs as needed.
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Click OK and confirm the EA is active.
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Use a VPS for better stability.
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Test on demo before live 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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