Trading Robots for MetaTrader 5

Here you will find many programs for the MetaTrader 5 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 5

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First Scalper MT5

first-scalper-mt5-logo-200x200-4443
200.00 USD142.00 USD

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Information

Experts
MetaTrader 5
Kyra Nickaline Watson-gordon
1.5
10

Overview

First Scalper is an Expert Advisor based on Scalping, Using the best and safest scalping EA on market. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA  doesn't need any professional information or Forex Trading Knowledge.
First Scalper can trade on all symbols and all time frames, using a special and unique strategy developed by the author.


Using EA :


  • General Options
    • Trade Type : Long/Short/Both
    • Stop Trading : if true, EA doesn't open a new position. Only manage already opened.
    • Maximum Spread to Open Position : Spread to stop trading
    • Magic Number : Any constant ID.
    • Show Panel On Chart : Shows report of positions on chart with the option of manual closing them.


  • Closing Positions
    • Action for in-Loss Positions : Wait for TP,Stop Loss, One Step Averaging, Two Step Averaging
    • Take Profit Mode : Manual, Automatic
    • Take Profit : TakeProfit in Points
    • Stop Loss : StopLoss in Points. Only act if the StopLoss option is selected above.
    • 1st Step Averaging Distance : Distance in Points to insert averaging position. Only acts if the Averaging option selected above.
    • 1st Step Averaging Volume Multiplier : Volume multiplier if averaging selecting above.
    • 1st Step Averaging Take Profit : TP1 if averaging selecting above.
    • 2nd Step Averaging Distance : Distance in Points to insert averaging position. Only acts if the Averaging option selected above.
    • 2nd Step Averaging Volume Multiplier : Volume multiplier if averaging selecting above.
    • 2nd Step Averaging Take Profit : TP2 if averaging selecting above.


  • Volume Settings
    • Volume Calculation Method : Fixed, Dynamic Lots or Risk Percent based on Balance/Equity/Free Margin
    • Fixed Lots : Volume of trading
    • Lots Per 1000 : Volume per 1000 Balance/Equity/Free Margin
    • Risk Percentage
    • Maximum Volume Per Trade
    • Minimum Volume Per Trade


  • Trailing/Break Even
    • Trailing Stop Loss : Enable/Disable Trailing Stop
    • Trailing Start : Trailing Start Distance in Points.
    • Trailing Stop : Trailing Stop Loss Distance in Points.
    • Trailing Step : Distance to apply Trailing Stop Loss in Points.
    • Break Even : Enable/Disable Break Even
    • Activate Break Even After Loss : Distance to apply Break Even in Points


  • Day and Time Filters
    • There are options to stop trading on specific days and hours


  • News Filter Inputs
    • Block Trading During Low Impact News
    • Minutes Before/After Low Impact News
    • Block Trading During Medium Impact News
    • Minutes Before/After Medium Impact News
    • Block Trading During High Impact News
    • Minutes Before/After High Impact News




Optimizing EA :

(important)
Optimize EA for the last 6 month before using, and update optimization every 1-2 month.
There is no any parameter to optimize EA signal engine. The only parameters are user money management inputs.
Optimization of EA is so fast and easy.

We recommend these Optimization inputs :

  • Load all Default Values
  • Test with Every Tick Based on Real Ticks
  • 1st Step Averaging Distance : 200 to 500 step 150
  • 1st Step Averaging Volume Multiplier : 2 to 8 step 3
  • 1st Step Averaging Take Profit : 100 to 200 step 100
  • 2nd Step Averaging Distance : 400 to 1300 step 300
  • 2nd Step Averaging Volume Multiplier : 8 to 32 step 8
  • 2nd Step Averaging Take Profit : 100 to 200 step 100

The above settings are for an account with 5-digit quotas.You can use any other settings for optimizing the EA based on your trading strategy.
It is strongly recommended to optimize EA based on the example demonstrated in the video attached below.

Recommendations and Using Conditions :

  • EA Only works on Hedge Accounts (netting is not supported)
  • You can run EA on several charts and symbols. Try to use different Magic Number input for each chart.
  • If you attach EA to multiple charts, decrease volumes to reduce your risk.
  • To enable News Filter, Visit How to Setup News Filter.


We are ready to help you for using the EA, Please don't hesitate to contact us.
Visit our other useful utilities, Indicators and experts here.


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If for any reason you do not like the purchased program, you can request a refund within 30 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

Simply send a request for refund or exchange with your order number by email: support@fx-market.pro.

Refund requests received more than 30 days after purchase will be rejected.

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RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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