Five Pips Scalper for MT5

Introducing our Smart Scalping EA for Metatrader, a highly sophisticated and specialized EA designed to capitalize on the unique characteristics of the EURGBP pair during the Asia session. This expert advisor has been meticulously crafted to operate on the M5 timeframe with limit orders, targeting the low volatility and consolidated market conditions that are prevalent during the Asian trading hours.  Developed by a team of experienced traders with trading experience of over 10 years.

Live Signal performance : Click Here   ******** EA price starts at $99 and later increases to $160********

IMPORTANT! Please send me a private message to receive the setup instructions and guide to test the EA with Backtester or demo/real trading.

Our Scalping EA for Metatrader provides traders with a powerful tool to navigate the nuances of the Asia session in the EURGBP market. With its intelligent consolidation zone identification, strategic trend analysis, and dual stoploss mechanisms, this EA is designed to enhance your trading experience and maximize profitability in short-term market movements.

We have designed this EA for small retail traders, enabling it to efficiently manage smaller account sizes, such as a $100 account, by utilizing a high lot size while maintaining a low drawdown.

Specifications

1. Optimized for EURGBP during Asia Session: The EA is specifically tailored to the EURGBP pair, leveraging the lower trading range typically observed during the Asian market hours. This strategic focus allows the algorithm to identify and exploit consolidation zones efficiently.
2. Trend Screener Indicator Integration: The Scalping EA incorporates the Trend Screener indicator to pinpoint potential consolidation zones. This indicator helps the algorithm make informed decisions based on the prevailing market trends, enhancing the accuracy of trade entries.
3. 5-Pip Take Profit Strategy: The primary objective of the EA is to capture quick gains by setting a conservative 5-pip take profit. This approach aligns with the scalping strategy, aiming to secure profits swiftly in the targeted consolidation zones.
4. Dual Stoploss Methods:

•       Protection Stoploss (30 Pips):  Implemented for added security, this stoploss is set at 30 pips. It acts as a safeguard against unexpected spikes in volatility during the Asian session, ensuring the protection of capital in extreme market conditions.
•      Smart Stoploss Exit:  The EA employs a smart stoploss exit strategy as the primary method to exit trades. This dynamic stoploss adapts to market conditions, allowing for a flexible and effective risk management approach.

5. Asia Session Focus:  The EA is specifically configured to trade during the Asian session, capitalizing on the unique market dynamics and ensuring optimal performance during this timeframe.

6. Trading days: The EA will trade on Monday, Tuesday, Wednesday and Thursday.

Recommendations:

• Currency pair: EURGBP
• Timeframe: M5
• Minimum deposit : $100
• Broker time: GMT +2
• Recommended leverage : 1:500 or 1:100
• Account type: ECN, Raw or Razor with very low spreads.
• Brokers : IC Markets, Pepperstone with Raw and Razor accounts for lowest spreads
• IMPORTANT: It is very impoportant to use LOW SPREAD accounts for best results !
• Use a VPS for the EA to work 24/7 (Highly Recommended)

Default settings are perfect  for most brokers that use a GMT+2 with DST server time. If your broker has different server time, small time setting adjustments need to be done

Contact 

If you have some questions or if you need help, contact me via Private Message.

Author

SAYADI ACHREF , fintech software engineer and founder of Finansya.