VWAP Magnet Scalper
- Indicators
- Version: 1.0
- Activations: 5
Are you tired of getting caught in the middle of a sideways market or entering trades blindly?
VWAP Magnet Scalper MT5 is a highly disciplined, algorithm-driven trading system engineered specifically for precision trading. The core logic eliminates retail trading noise by focusing entirely on institutional order blocks and volume equilibrium.
How It Works (The 3 Pillars of Precision):
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Dynamic Daily VWAP (The Magnet): Instead of guessing take-profit levels, the EA uses the Volume Weighted Average Price (VWAP) as a true price equilibrium. Prices naturally gravity back to this line after extreme moves.
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Algorithmic Clean S/R: The system automatically maps the most critical Support and Resistance lines over a customizable period, cutting out chart noise.
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Thick-Body Candle Confirmation (>70%): The EA will ONLY trigger an execution when a candle closes with a solid body mass greater than 70% of its total range at key S/R zones. No weak wicks, no false breakouts.
Key Features:
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100% automated execution on a new-bar basis (Zero performance lag).
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Built-in Multi-Timeframe (MTF) logic trend filter.
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Smart Risk Management with hard Stop Loss and dynamic VWAP-targeted Take Profit (1:1.5 standard ratio).
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No dangerous grid, no martingale, no dangerous averaging.
Recommendations:
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Symbol: XAUUSD (Gold) or major currency pairs.
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Timeframe: M5 or M15.
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Account Type: ECN / Raw Spread with low commission.
