Market / MetaTrader 4 / Experts /

Silver Scalper EA

60 USD

Demo downloaded: 9

Published: 17 January 2026

Current version: 1.18

Silver Scalper EA

Experts
Josue Faron
Josue Faron
Mauritius

160
Version: 1.18
Updated: 15 June 2026
Activations: 5

Silver Scalper EA — v1.18 (Complete Rebuild)

📋 CHANGELOG

Major updates in this version

Completely rebuilt code base: removed the ATR-based lot sizing (a source of instability on XAGUSD), replaced with a fixed lot (0.01). Eliminates the abnormal drawdown spikes seen in previous versions during high-volatility periods.
Configurable "Candle Vision" entry logic: analyzes the closed M5 candle using 5 criteria (color, close position within the range, wick ratio, structure breakout, momentum vs previous candle). An entry is only triggered when the score reaches the minimum threshold (default 3/5) in a dominant direction.
Real dollar-based trade management: TP, SL, Lock (profit protection) and Trailing Stop are expressed directly in dollar value ($), automatically converted to points based on the symbol's tick value.
New: London/NY session filter (toggleable): restricts entries to 9:00-17:00 (London) and 13:00-21:00 (New York, server time). Reduces trade volume by ~45% while improving signal quality.
Single trade at a time: no position stacking, strict money management.

Recommended default parameters

Parameter	Value	Description
LotSize	0.01	Fixed lot size
TP_Dollars	2.00	Take Profit in dollars
SL_Dollars	3.50	Stop Loss in dollars
Lock_Dollars	0.25	Profit lock activation threshold
Trail_Dollars	0.25	Trailing stop activation threshold
ScoreMin	3	Minimum score out of 5 to enter a trade
UseSessionFilter	true	London/NY session filter enabled
London_StartHour / EndHour	9 / 17	London session window (server time)
NY_StartHour / EndHour	13 / 21	New York session window (server time)

Backtest results (6 months, XAGUSD M5, ICMarkets, spread 2, $10,000 deposit)

Configuration	Net Profit	Profit Factor	Drawdown	Winrate	Trades
Without session filter	$1,687.88	1.32	0.47%	~90%	14,653
With London/NY filter (default)	$1,169.82	1.44	0.32%	90.7%	8,053

Maximum consecutive losses: 5 (-$17.85)
Largest single loss: -$3.57

📝 PRODUCT DESCRIPTION (v1.18 update)

Silver Scalper EA is a scalping Expert Advisor designed specifically for XAGUSD (Silver) on the M5 timeframe. This v1.18 release is a complete rebuild of the trading engine, fixing the position-sizing instabilities of earlier versions and introducing an optional session filter to improve entry quality.

Key features:

Closed-candle analysis for reliable signal confirmation (no false signals from intra-candle fluctuations)
5-criteria confluence score (color, close position, wicks, breakout, momentum)
Dollar-based risk management: fully configurable TP, SL, Lock and Trailing Stop
Fixed lot size for predictable, stable risk exposure
Optional London/NY session filter to focus trading on the most liquid hours
Single trade at a time for strict risk control

Recommendations:

Timeframe: M5
Symbol: XAGUSD
Recommended broker: ICMarkets or any broker with tight Silver spreads (tested at spread 2)
Demo testing recommended before live deployment

Disclaimer: Past performance does not guarantee future results. Always test on demo before live deployment and adjust risk parameters (SL/TP/Lock/Trail) according to your account size.

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Silver Scalper EA

Josue Faron

📋 CHANGELOG

Major updates in this version

Recommended default parameters

Backtest results (6 months, XAGUSD M5, ICMarkets, spread 2, $10,000 deposit)

📝 PRODUCT DESCRIPTION (v1.18 update)