ProTrade Scalper EA
- Experts
- Version: 1.1
ProTrade Scalper EA
Product Overview
ProTrade Scalper EA is a professional ultra-short-term momentum Expert Advisor for MetaTrader 5, engineered specifically for M1 and M5 timeframes. This EA combines fast/slow moving average crossovers with volume surge detection and momentum confirmation to identify high-probability scalping opportunities, while providing advanced risk management, session filtering, and real-time visual monitoring.
This EA is designed for traders who prefer fast-paced scalping strategies and want automated execution with precise control over entry timing, risk exposure, and trade duration—without the complexity of manual execution.
Key Features
Ultra-Short-Term Momentum Strategy
- Fast/slow EMA crossover signals combined with volume surge confirmation for precise entry timing
- Momentum filter ensures trades align with short-term price direction
- Optimized for M1/M5 timeframes with minimal lag and rapid signal response
- Magic Number assignment enables precise trade tracking and filtering
- Works on any symbol supported by MetaTrader 5 (best results on major forex pairs with tight spreads)
Volume-Confirmed Entries
- Compares current tick volume against rolling average to detect liquidity surges
- Configurable volume multiplier threshold prevents entries during low-activity periods
- Momentum period filter ensures price movement supports the crossover signal
- Reduces false signals by requiring confluence of trend, volume, and momentum
Precision Risk Management
- Fixed take profit and stop loss in pips for consistent risk/reward ratios
- Optional time-based exit automatically closes trades after configurable duration
- Configurable trailing stop activates after profit threshold, locking in gains
- Dynamic position sizing based on account balance and user-defined risk percentage
- Respects broker lot constraints (min/max/step) and margin availability
Session & Spread Filters
- Trade only during London session, New York session, or their overlap for optimal liquidity
- Configurable session hours based on broker server time
- Maximum spread filter prevents entries during volatile or illiquid conditions
- Minimum bars-between-trades setting prevents overtrading and signal chasing
Advanced Safety Controls
- Daily loss limit automatically pauses trading if equity drawdown exceeds threshold
- Maximum concurrent trades limit prevents overexposure
- Minimum account balance protection disables trading if balance falls below safe level
- Per-trade risk percentage ensures consistent exposure regardless of account size
Real-Time Dashboard & Controls
- On-chart panel displays:
- Current scalper status (Active/Paused)
- Today's trade count and total historical trades
- Open positions for current symbol
- Account equity and current spread
- Active session status and TP/SL/trailing settings
- Color-coded indicators for instant visual awareness
- One-click Start/Pause, Close All, and Chart Settings buttons for instant control
Chart Customization Suite
- Apply professional color schemes with one click
- Full control over candle colors, grid visibility, price lines, and volume display
- Auto-apply option ensures consistent workspace setup on initialization
How To Use
Step 1: Attach the EA to an M1 or M5 chart of your preferred symbol in MetaTrader 5. The dashboard and control buttons will appear automatically.
Step 2: Configure strategy parameters. Adjust fast/slow MA periods, volume lookback, volume multiplier, and momentum period to match your preferred scalping style.
Step 3: Set risk parameters. Define take profit, stop loss, max trade duration, and enable time-based exit or trailing stop as desired.
Step 4: Configure session filters. Enable London, New York, or overlap-only trading, and set session hours based on your broker's server time.
Step 5: Apply execution filters. Set maximum spread, allowed slippage, and minimum bars between trades to refine entry quality.
Step 6: Define safety controls. Set risk percentage per trade, max lot size, daily loss limit, and minimum balance requirements appropriate for your account.
Step 7: Customize appearance (optional). Adjust chart colors and dashboard preferences, then enable auto-apply or use the Chart button manually.
Step 8: Monitor and control. Use the Start/Pause button to enable or disable scalping instantly. Use Close All to exit all positions if needed.
Input Parameters
Take Profit / Stop Loss
- TakeProfitPips: Fixed take profit distance in pips for new trades
- StopLossPips: Fixed stop loss distance in pips for new trades
- MaxTradeDurationMinutes: Maximum time to keep a trade open (if time exit enabled)
- EnableTimeExit: Enable or disable time-based automatic exit
Trailing Stop Settings
- EnableTrailingStop: Activate or deactivate trailing stop feature
- TrailingTriggerPips: Profit in pips required to activate trailing
- TrailingDistancePips: Distance in pips to trail behind current price
Session Filters
- TradeLondonSession: Enable trading during London session hours
- TradeNewYorkSession: Enable trading during New York session hours
- TradeOverlap: Trade only during London/NY overlap window (13:00–17:00 broker time)
- SessionStartHour / SessionEndHour: Custom session window in broker server time
Spread & Execution Filters
- MaxSpreadPoints: Maximum allowable spread in points for trade execution
- SlippagePoints: Allowed slippage in points for order execution
- MinBarsAfterTrade: Minimum number of bars to wait between consecutive trades
Risk Management
- RiskPercent: Percentage of account balance to risk on each trade
- MaxLotSize / MinLotSize: Upper and lower bounds for position sizing
- MaxOpenTrades: Maximum concurrent trades allowed for this EA on this symbol
- EnableMaxDailyLoss: Activate daily loss limit protection
- MaxDailyLossPercent: Maximum allowable daily loss as percentage of starting equity
- MinAccountBalance: Minimum account balance required for trading to remain active
Chart Appearance Parameters
- ChartBackground, ChartForeground, ChartGrid: Colors for chart background, text, and grid
- ChartUpColor, ChartDownColor: Colors for upward/downward price elements
- BullCandleColor, BearCandleColor: Colors for bullish/bearish candles
- VolumesColor: Color for volume histogram
- StopLevelsColor: Color for stop level indicators
Chart Display Options
- ShowTicker, ShowOHLC, ShowGrid: Toggle display of ticker, OHLC values, and grid
- ShowBidPriceLine, ShowAskPriceLine, ShowLastPriceLine: Toggle price line visibility
- ShowPeriodSeparators, ShowTradeLevels, ShowTradeHistory: Toggle additional chart elements
- ShowTickVolumes, ShowRealVolumes: Toggle volume display type
- AutoApplyChartSettings: Apply chart settings automatically on initialization
Dashboard Parameters
- ShowDashboard: Enable or disable the on-chart dashboard
- DashboardBG, DashboardText: Colors for dashboard background and text
- DashboardActive, DashboardInactive: Colors for active/inactive status indicators
Important Information
Scalping Strategy Tool This EA executes ultra-short-term trades based on moving average crossovers, volume confirmation, and momentum filters. All trading decisions are based on user-configured parameters. Optimal performance requires low-spread, high-liquidity instruments and a broker with fast execution.
No Profit Promise This EA is a tool for systematic scalping execution and risk management. It does not guarantee profits or improved trading performance. Scalping carries elevated risks including spread costs, slippage, and rapid market moves. Trading foreign exchange and CFDs may not be suitable for all investors. Past performance is not indicative of future results.
Risk Disclosure Users are responsible for their own trading decisions and risk management. This EA calculates position sizes based on user-defined parameters but does not assess market conditions or trade suitability. Understand the risks of leveraged, high-frequency, and automated trading before using this EA.
Broker & Execution Requirements
- Requires a broker with tight spreads, low latency, and reliable order execution
- ECN/RAW spread accounts recommended for scalping strategies
- VPS hosting recommended for consistent 24/5 operation and minimal latency
Testing Recommendation Always test this EA extensively on a demo account before using with real capital. Verify that strategy parameters, filters, risk controls, and visual features function as expected in your specific trading environment. Forward-test across multiple market conditions before live deployment.
Compatibility Designed exclusively for MetaTrader 5. Not compatible with MetaTrader 4. Requires a broker account that allows automated trading and Expert Advisor execution.
Data and Logging All trade executions, management actions, and safety triggers are logged in the MetaTrader Experts tab. Users should review logs regularly to confirm the EA is functioning as configured. The EA does not store or transmit personal trading data externally.
Chart Customization Note Price line colors (Bid, Ask, Last) are controlled by MetaTrader terminal settings, not by this EA. Users must set these colors manually in Tools → Options → Charts if they wish to customize line colors. This EA controls line visibility only.
System Requirements
- MetaTrader 5 build 2244 or higher
- Windows 7 or later operating system (VPS recommended for 24/5 operation)
- Broker account with automated trading permissions and low-latency execution
- Adequate account balance to support minimum lot sizes and risk parameters for selected symbols
- Stable internet connection with low latency to broker servers
Support
For questions regarding functionality, settings, or usage, please refer to the information printed in the Experts tab when the EA initializes. Additional documentation is available in this product description.
Final Notes
ProTrade Scalper EA is designed to assist disciplined traders with consistent, systematic ultra-short-term trade execution and professional risk management. It is not a substitute for trading knowledge, market analysis, or sound money management principles. Users should ensure they understand all features and settings before relying on this EA with real capital.
This EA does not provide financial advice, trading signals, or market predictions. All trading decisions remain the sole responsibility of the user. Always trade responsibly and within your risk tolerance. Scalping strategies require active monitoring and may not be suitable for all trading styles or account sizes.
