EA Scalper BigBoss Ultra Z
- Experts
- Version: 1.0
- Activations: 20
BigBoss Ultra Z Scalper EA
The BigBoss Ultra Z Scalper EA is a scalping EA for EURUSD on the M5 (5-minute) timeframe.
The BigBoss Scalper Ultra Z is an Expert Advisor (EA) specifically designed for scalping strategies on the EURUSD pair, running on the MetaTrader 5 platform with the M5 (5-minute) timeframe. This EA is designed for traders seeking fast execution and controlled risk management, as it uses a 12-pip Take Profit and 11-pip Stop Loss.
Backtest results in the MetaTrader 5 Strategy Tester for 8 months, January - August 2025, performed quite well. (See chart and backtest results at the bottom of this page.)
When tested using a 5-minute timeframe, tick-by-tick data, a Raw account, or an ECN account, the spread is low and suitable for Scalper EA conditions that require low spreads.
Key Specifications and Features:
Suitable for: EURUSD
* Recommended Timeframe: M5 (5 minutes).
*Platform: MetaTrader 5 (MT5).
*Recommended brokers are forex brokers with low spreads that offer ECN or Raw accounts.
*The EA uses a TP (take profit) of 12 pips and a SL of 11 pips.
*This EA uses a combination of the following main technical indicators:
1. Stochastic Oscillator
Parameters:
K Period
D Period
Slowing
Function:
Detects overbought and oversold positions
Determines entry timing with crossovers
This means the EA focuses on rapid reversals (scalping) from overbought/oversold conditions.
2. Momentum Indicator
Function:
Measuring the strength of price movements
Serving as an entry validation filter
This allows the EA to not only enter based on signals, but also on the direction of market strength. Both indicators have been specifically optimized for fast-paced scalping, providing more precise entry points in both volatile and normal market conditions.
*The maximum spread limit in the EA is set at 2 pips for greater efficiency.
*Position and Risk Management:
The EA uses a Dynamic Lot System, which automatically adjusts to the trading account balance. This simplifies the process. You don't need to worry about determining the appropriate lot size for your account, as the EA will automatically determine the appropriate lot size. For example, the automatic lot size is based on equity, for example: Balance 300 USD, lot size 0.03 per position, maximum 7 open positions.
*Trade Control:
The maximum number of open positions is 7, and no more.
*Recommended Broker:
For optimal results, use a broker with fast execution conditions and low spreads, and a minimum capital of USD 300, but recommended: USD 500 or USD 1,000.
*Advantages of Scalper BigBoss:
It does not use martingale, grid, or high-risk techniques. This EA does not require complex settings. Simply use the default settings, as it automatically adjusts the lot size based on your account balance. Therefore, you don't need to change anything in the EA settings; leave the default settings when running it on a VPS. Entries are based entirely on real-time technical signals.
This EA is suitable for systematically growing a small account because it utilizes the compound lot feature. As profits increase, the number of lots will adjust, and ultimately, the balance will continue to grow over time.
This EA is specifically designed for MetaTrader 5 or MT5.
Usage Tips:
*Can only be used on the EURUSD currency pair on the 5-minute or M5 timeframe.
*Use an ECN or Raw account with low spreads.
*Use a VPS with low latency for more precise order execution.
