• Overview
  • Reviews (3)
  • Comments (6)

CAP Joly Scalper EA MT5

CAP Joly Scalper Expert Advisor is A price Action Scalper That Trades tick Data aggressively with Reversal Trade Strategy.

It uses a unique Scalper strategy, no martingale, no hedging, no grid. However, it is recommended to trade only low-spread and liquid Forex pairs.
  • This EA only works on EURUSD.
  • The EA works better with tight trading parameters.
  • The average profit factor during testing is above 2.3.

Trading Requirements

Caution is advised. In order to trade this EA, you need the following:
  • A good broker, with low spreads and stop levels.
  • A good Internet connection.
  • A lot of stamina.
  • Works great on ECN or low spread account (no more than 2 pips).


The Expert Advisor uses tick data. Please backtest the M1 timeframe in "every tick" mode and play to find the best parameters.


Input Parameters

  • PushAlert: Get Mobile Alert When New Open Trade.
  • StopLoss: Distance to Fix Loss in points. 
  • Tradesignal:  The Trade Signal represents the directional volatility needed to Trade. Increase value for better performance and less trade.
  • Limit: Distance to points in Reverse.
  • TrailingStart: Distance to start trailing.
  • UseMM: if it is True, the lot Will be Calculated automatically. If false, LotSize is traded.
  • FixedLots: FixedLots to Trade if UseMM = false.
  • MinLots: Set Minimum Size lots of your account.
  • MaxLots: Set Maximum Size lots of your account.
  • RiskPercent: Risk Allocation per Trade. Lot is chosen automatically based on percentage of the balance.


Optimized Settings

Please find optimized settings for live trading in the comments tab, so I can post updated ones at any time. 

This is the MQL5 version. Our main product is here.


Author: Capilta Forex Solutions

Shawn J. Lockett
2014.11.08 04:38 

I'm using this EA in a low latency VPS and the recommended broker advancedmarketsfx, using default settings, and I already made 25% profit on a fast movement last Wednesday. It is just as other users are saying, you have to be patient, and the EA will work at the right time with right broker. Now I'm very excited waiting for the new update to use other pair! Great Job!

Ariel Agnoletto
2014.11.06 18:22 

Not Work - Losed 20% in 10 days

Italo Martins da Cruz
2014.08.14 03:03 

Ótimo Ea,conselheiro altamente prestativo e experiente,bons lucros para todos!