Scalping MT5 EA

Description of Scalping MT5 EA

Scalping MT5 EA is a powerful, simple, and user-friendly trading tool designed for traders seeking an effective scalping strategy. This fully automated EA saves you time and maximizes profit opportunities from short-term price movements.

Key Features

1. Fully Automated: Scalping MT5 EA handles every stage of trading, from market analysis to order placement and risk management.

2. Easy Setup: With simple input parameters, you can customize the EA to suit your trading style without any programming knowledge.

3. Optimized Performance:

   • Smart Range Detection: Uses the ARB algorithm by Bob Volman, incorporating ATR and volume metrics to identify optimal entry points.
   • Flexible Trade Management: Dynamically adjusts stop-loss levels and executes trades with precision.

4. Preconfigured for Gold on M15:

   • Default settings are optimized for trading gold on the M15 timeframe.
   • If you plan to use the EA on other instruments or timeframes, run the Strategy Tester in MetaTrader 5 to find the most suitable parameters for your trading style.

5. Suitable for All Traders:

   • Beginners: Easy installation with minimal adjustments required.
   • Advanced Traders: Flexibility to fine-tune parameters for tailored strategies.

How to Use

1. Install the EA:

   • Add Scalping MT5 EA to your chart in the MetaTrader 5 platform.
   • Enable auto trading and verify trade permissions.

2. Customize Parameters:

   • RangePeriod: Number of candles to define the trading range (recommended: 20–50).
   • VolumeMultiplier: Multiplier for detecting volume surges.
   • ATRMultiplier: Sensitivity of range detection based on ATR.
   • LotSize: Position size for trades.
   • TrailingStop: Trailing stop at RR ratio
     

3. Run the EA:

   • After configuration, the EA will automatically analyze the chart and execute trades when conditions are met.

4. Optimization for Other Instruments:

   • Use MetaTrader 5’s Strategy Tester to optimize parameters if trading on instruments or timeframes other than the default.

Main Benefits

• Time-Saving: Automates the entire trading process, from analysis to trade management.
• Improved Trading Performance: Reduces human error, enabling quick and accurate execution.
• Profit Maximization: Manages trades dynamically with efficient risk control.

System Requirements

• Platform: MetaTrader 5.
• Timeframes: Pre-optimized for M15; suitable for other timeframes with optimization.
• Minimum Balance: $100 - 0.01 lot (depending on lot size and trading strategy).