ZenScalp Pro PriceAction MT5

ZenScalp Pro – M1 Price Action Scalping EA

ZenScalp Pro is an Expert Advisor developed for traders who prefer a structured, rule-based approach trading on the M1 timeframe. It operates using price action principles to identify potential trend continuation opportunities under specific market conditions.

Key Features:

• Trades only when predefined technical conditions are met, aiming to avoid unfavorable market scenarios.

• Calculates position size dynamically based on user-defined risk parameters, supporting both fixed and variable risk approaches.

• Limits trading to a single position per direction at any given time to help manage exposure and risk.

• Includes several trade management options:

  • Partial closing of positions.

  • Ability to adjust stop-loss to breakeven.

  • Trailing stop functionality to secure potential gains.

• Offers filters for spread and slippage to improve execution consistency.

• Allows customization of trading hours to align with individual trading schedules or preferred market sessions.

Usage Guidelines

• Timeframe: M1

• Instruments: Primarily precious metals and major Yen pairs

• Account Type: ICMARKETS standard accounts are recommended
  

• Minimum Account Balance: $200/300$ or higher

• BTCUSD Spread Filter: 500 points; default settings for other instruments

Important Notes

• Avoid running the EA on unsupported symbols without proper customization.

• ZenScalp Pro does not use martingale or grid strategies and focuses strictly on price action and risk management methods.

• This software is a trading tool and should be used with appropriate risk management