FreelanceSections

MT5 M1 Scalping EA – Requirements (Short Brief)

MQL5 Experts

Specification

Build an MT5 EA focused on low-latency M1 scalping, where performance depends on execution quality (spread, slippage, commissions), not complex indicators.

Core Idea

  • M1 timeframe scalping only
  • Short-term momentum + volatility-based entries
  • Trade only in high liquidity sessions (London + NY)
  • Avoid low volatility / Asian session conditions

Execution Rules (Critical)

  • Max spread filter (configurable)
  • Max slippage filter
  • No trade if execution conditions are poor
  • Commission-aware logic

Strategy Behavior

  • Fast, lightweight logic (no heavy indicators)
  • Optional tick confirmation for entry timing
  • Tight SL/TP (scalping style)
  • High frequency but controlled trading

Risk Management

  • Configurable risk per trade (%)
  • Max daily trades / drawdown limit
  • Optional equity protection

Trade Management

  • Simple structure only
  • Optional break-even + basic trailing stop
  • No complex hedging

Important Note

Performance depends heavily on broker, spread, and VPS latency. EA must be optimized for ECN-style execution.


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