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First Scalper MT5

5

First Scalper is an Expert Advisor based on Scalping, Using the best and safest scalping EA on market. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA  doesn't need any professional information or Forex Trading Knowledge.
First Scalper can trade on all symbols and all time frames, using a special and unique strategy developed by the author.


Using EA :


  • General Options
    • Trade Type : Long/Short/Both
    • Stop Trading : if true, EA doesn't open a new position. Only manage already opened.
    • Maximum Spread to Open Position : Spread to stop trading
    • Magic Number : Any constant ID.
    • Show Panel On Chart : Shows report of positions on chart with the option of manual closing them.


  • Closing Positions
    • Action for in-Loss Positions : Wait for TP,Stop Loss, One Step Averaging, Two Step Averaging
    • Take Profit Mode : Manual, Automatic
    • Take Profit : TakeProfit in Points
    • Stop Loss : StopLoss in Points. Only act if the StopLoss option is selected above.
    • 1st Step Averaging Distance : Distance in Points to insert averaging position. Only acts if the Averaging option selected above.
    • 1st Step Averaging Volume Multiplier : Volume multiplier if averaging selecting above.
    • 1st Step Averaging Take Profit : TP1 if averaging selecting above.
    • 2nd Step Averaging Distance : Distance in Points to insert averaging position. Only acts if the Averaging option selected above.
    • 2nd Step Averaging Volume Multiplier : Volume multiplier if averaging selecting above.
    • 2nd Step Averaging Take Profit : TP2 if averaging selecting above.


  • Volume Settings
    • Volume Calculation Method : Fixed, Dynamic Lots or Risk Percent based on Balance/Equity/Free Margin
    • Fixed Lots : Volume of trading
    • Lots Per 1000 : Volume per 1000 Balance/Equity/Free Margin
    • Risk Percentage
    • Maximum Volume Per Trade
    • Minimum Volume Per Trade


  • Trailing/Break Even
    • Trailing Stop Loss : Enable/Disable Trailing Stop
    • Trailing Start : Trailing Start Distance in Points.
    • Trailing Stop : Trailing Stop Loss Distance in Points.
    • Trailing Step : Distance to apply Trailing Stop Loss in Points.
    • Break Even : Enable/Disable Break Even
    • Activate Break Even After Loss : Distance to apply Break Even in Points


  • Day and Time Filters
    • There are options to stop trading on specific days and hours


  • News Filter Inputs
    • Block Trading During Low Impact News
    • Minutes Before/After Low Impact News
    • Block Trading During Medium Impact News
    • Minutes Before/After Medium Impact News
    • Block Trading During High Impact News
    • Minutes Before/After High Impact News




Optimizing EA :

(important)
Optimize EA for the last 6 month before using, and update optimization every 1-2 month.
There is no any parameter to optimize EA signal engine. The only parameters are user money management inputs.
Optimization of EA is so fast and easy.

We recommend these Optimization inputs :

  • Load all Default Values
  • Test with Every Tick Based on Real Ticks
  • 1st Step Averaging Distance : 200 to 500 step 150
  • 1st Step Averaging Volume Multiplier : 2 to 8 step 3
  • 1st Step Averaging Take Profit : 100 to 200 step 100
  • 2nd Step Averaging Distance : 400 to 1300 step 300
  • 2nd Step Averaging Volume Multiplier : 8 to 32 step 8
  • 2nd Step Averaging Take Profit : 100 to 200 step 100

The above settings are for an account with 5-digit quotas.You can use any other settings for optimizing the EA based on your trading strategy.
It is strongly recommended to optimize EA based on the example demonstrated in the video attached below.

Recommendations and Using Conditions :

  • EA Only works on Hedge Accounts (netting is not supported)
  • You can run EA on several charts and symbols. Try to use different Magic Number input for each chart.
  • If you attach EA to multiple charts, decrease volumes to reduce your risk.


We are ready to help you for using the EA, Please don't hesitate to contact us.
Visit our other useful utilities, Indicators and experts here.


Comentarios 4
Marcel Bühler
1428
Marcel Bühler 2022.12.30 15:49 
 

Once a year some very long candles and it rips it off as any other EA. With a stop out EA at the same time not many better EA to find for this price.

Supercocco
77
Supercocco 2022.02.25 09:22 
 

2 months and I got good results. it is important to optimize it every month because the market is always changing. But it works for now.

skafolder
278
skafolder 2021.06.18 20:38 
 

At the moment it's the only real EA that hasn't cleared my account. This is already a huge success. All the EAs I tried, ended up the same way: account cleared after a few trades. So it works fine for me. Tks to developer.

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Promoción de lanzamiento: Número limitado de copias disponibles al precio actual Precio final: 990$ Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files ¡Bienvenido a DayTrade Pro Algo!   Después de años de estudiar los mercados y programar distintas estrategias, he encontrado un algoritmo que tiene todo lo que necesita un buen sistema de trading: Es corredor independiente Se propaga independiente Muestra p
499 USD
SHOCK DEAL! -->  LAST 2 COPIES AT THIS PRICE !!!   BUY Forex GOLD Investor with -$260 OFF and GET a BONUS EA! Signal Account:  https://www.mql5.com/en/signals/1510678 Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously t
237 USD
Dragon Blaze MT5
Jesper Christensen
5 (1)
Dragon Blaze is a sophisticated trading system with an advanced entry model based on price action and price patterns, classical indicators and rate of accumulation and distribution between buyers and sellers.  Additionally it utilizes a smart and self adapting grid system to manage positions effectively and close baskets of positions. The grid system not only uses several different multipliers to match the market optimally, but also has an integrated function that adds to the multiplier dependin
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Perceptrader AI MT5
Valeriia Mishchenko
4.67 (6)
EA has a live track record with 48 month of stable trading with low drawdown: Live performance MT4 version can be found here Perceptrader AI is a cutting-edge grid trading system that leverages the power of Artificial Intelligence, utilizing Deep Learning algorithms and Artificial Neural Networks (ANN) to analyze large amounts of market data at high speed and detect high-potential trading opportunities to exploit. Supported currency pairs: NZDUSD, USDCAD, AUDNZD, AUDCAD, NZDCAD, GBPCHF Timefra
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Waka Waka EA MT5
Valeriia Mishchenko
4.31 (36)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
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Intraday Rush
Evgeniy Scherbina
5 (2)
The "Intraday Rush" Expert Advisor trades several symbols simultaneously in automatic mode: AUDUSD, EURUSD, GBPUSD, USDCAD, USDCHF, and USDJPY. The advisor uses a modified version of the popular indicator RSI (Relative Strength Index) to make open and close trading decisions. You can download a free indicator IRush , used by this advisor, to visualize trading. The one major difference of this advisor is that it can check its trading decisions several times during the day. If the market conditio
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Hamilton
Tajammul Hussain
5 (15)
Hamilton: Tu Puerta de Acceso al Lucrativo Trading de CAD Embarcate en un viaje transformador en el mundo del trading de forex con Hamilton, la última incorporación a mi conjunto de asesores expertos. Este sofisticado EA está diseñado para navegar el complejo panorama de los pares de Dólar Canadiense y sus cruces, ofreciendo resultados consistentes a través de su enfoque innovador. Hamilton emplea una mezcla única de indicadores populares, incluyendo volumen, tendencia y reversión de tendencia,
349 USD
SIEA PRO NG es la nueva generación de SIEA PRO y totalmente diferente de todos los EA anteriores de nuestra empresa. Los precios mostrados son precios con descuento para el lanzamiento al mercado de SIEA PRO NG. Datos clave de un vistazo negocia una estrategia de reversión a la media basada en 5 años completos de nuestros datos únicos de volumen real cada operación tiene un stop loss y un take profit fijos la duración media de las operaciones es inferior a 48 horas muchas opciones de ajuste i
888 USD
Aussie Victor MT5
Jesper Christensen
4.86 (29)
Aussie Victor is a grid based trading system that uses cost averaging to enter into positions, designed for the FX pair AUD-CAD. To find its entries this EA uses a type of machine learning process to search for price patterns with a high degree of repetition. Live (real) account monitoring:   https://www.mql5.com/en/signals/2005038   On the  monitoring signal account  the EA used the "Aggressive risk" setfile the first four months. Since then, the EA uses the set file called "Moderate risk". 
395 USD
Pass HFT RMF is a bot specially and solely designed for the purpose of quick passing Raise My Fund HFT (High Frequent Trading) challenges. This purchase allows you to use this bot to pass unlimited number of challenges or evaluations and future updates Special Features: - Built-in equity protectors - Once loaded, it will trades all the days meeting trading days requirement - Fast passing  Note: - This bot is tested and passed HFT challenge by Raise My Fund (RTF) MT5 ONLY. - Other prop f
499 USD
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Kyra Nickaline Watson-gordon
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Triangular EA Limited MT4
Kyra Nickaline Watson-gordon
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Filtro:
Marcel Bühler
1428
Marcel Bühler 2022.12.30 15:49 
 

Once a year some very long candles and it rips it off as any other EA. With a stop out EA at the same time not many better EA to find for this price.

Supercocco
77
Supercocco 2022.02.25 09:22 
 

2 months and I got good results. it is important to optimize it every month because the market is always changing. But it works for now.

skafolder
278
skafolder 2021.06.18 20:38 
 

At the moment it's the only real EA that hasn't cleared my account. This is already a huge success. All the EAs I tried, ended up the same way: account cleared after a few trades. So it works fine for me. Tks to developer.

Zolman2
25
Zolman2 2021.06.17 23:56 
 

Funktioniert tatsächlich, kleine Einstellungen bezüglich Trailing Stop und Stop Loss muss man nach seinem eigenem Kontostand einstellen. 1500$ freie Margin sind meiner Meinung nach Minimum. Eröffnete Trades laufen fast immer im Plus aus. Nach testen in einem DEMO Konto mit 5000$, habe ich die Einstellungen für mein Live Konto übernommen. Ich bin sehr zufrieden. Grüsse an die Entwicklerin :) Works actually, small settings regarding trailing stop and stop loss you have to set according to your own account balance. 1500$ free margin is minimum in my opinion. Opened trades almost always run out in the plus. After testing in a DEMO account with 5000$, I have adopted the settings for my live account. I am very satisfied. Greetings to the developer :)

Respuesta al comentario
Versión 1.8 2024.03.01
Added displaying of news status on the panel.
Versión 1.7 2024.02.15
News Resource Changed to MQL5.com Calendar.
Versión 1.6 2023.01.17
Upgrade on signal engine and trading engine.
Versión 1.5 2022.02.24
Rebuilt to fix MT5 compiler Access violation error.
Versión 1.4 2022.02.18
Update due to change of news address from http to https
Change the address of webrequest on terminal settings to https://ec.forexprostools.com/
Versión 1.3 2022.02.06
Just recompiled by previous release version of MT5 based on issues on the current beta version.
Versión 1.2 2022.02.05
Added compatibility with FIFO Rules + Some other minor updates.
Versión 1.1 2021.08.08
Added option to change TP.
Optimized Testing Speed.