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About This EA
Introduction
Swing Scalper EA V3.0 for MetaTrader 5 is an automated trading system designed to combine scalping and swing trading strategies. It identifies both short-term price movements and longer-term trends, allowing traders to capture multiple types of opportunities in the forex market. The EA focuses on efficiency, adaptability, and disciplined execution.
Key Features
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Hybrid trading strategy
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Combines scalping and swing trading
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Adapts to different market conditions
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Automated trade execution
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Opens and closes trades automatically
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Ensures fast and consistent performance
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Advanced market analysis
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Uses trend, momentum, and volatility indicators
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Filters high-probability trade setups
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Risk management system
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Includes stop-loss and take-profit
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May support trailing stop and break-even
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Multi-timeframe support
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Works on M5, M15, H1, and higher timeframes
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Suitable for different trading styles
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Multi-pair compatibility
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Can trade multiple currency pairs
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Provides diversification
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Customizable settings
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Adjustable lot size, risk level, and parameters
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Suitable for various account sizes
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Recommended Settings
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Timeframe
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M5 or M15 for scalping
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H1 for swing trading
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Currency pairs
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EURUSD, GBPUSD, USDJPY (low spread pairs preferred)
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Lot size
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0.01 per $1000 (conservative setup)
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Risk level
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Low to medium for stable performance
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Broker
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ECN or low-spread broker
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VPS
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Recommended for 24/7 operation
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Backtest Result
- Shows balanced performance across different market conditions
- Scalping generates frequent small profits
- Swing trading captures larger moves
- Drawdowns may occur during sudden market reversals
- Results depend on broker conditions and parameter optimization
Advantages
- Combines two powerful trading strategies
- Fully automated and time-saving
- Adapts to both trending and ranging markets
- Reduces emotional trading
- Flexible and customizable
Disadvantages
- Strategy complexity may require understanding
- Performance depends on broker quality
- Scalping affected by spread and execution speed
- Drawdowns possible during volatile conditions
- Requires proper setup and monitoring
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 Experts folder
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Restart MT5
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Enable AutoTrading
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Attach EA to a chart
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Adjust settings (lot size, risk, SL/TP)
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Enable “Allow Algo Trading”
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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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