FenixEdge ICT Scalper

⚡ FenixEdge ICT Scalper — FREE Edition

A fully functional Expert Advisor built on institutional ICT concepts: Fair Value Gaps, Break of Structure, and RSI momentum confirmation — aligned to the three major Forex sessions (Asia, London, New York).

This is not a demo or a backtester toy. It runs live, manages risk autonomously, and includes a real-time dashboard panel — all completely free.

🧠 How It Works

The EA evaluates each bar using a multi-factor scoring engine. A trade opens only when the score exceeds the threshold AND a Break of Structure is confirmed by an engulfing candle or FVG:

  • Session quality — London & NY sessions score higher than Asia
  • FVG detection — identifies imbalance gaps between 3 consecutive candles
  • RSI filter — confirms direction without overbought/oversold conditions
  • Spread check — high spread immediately blocks entry
  • Trend alignment — EMA20/50 on M15 as macro confirmation

✅ Included Features

  • ICT signal engine — FVG + BOS + RSI in a single scoring pass
  • Session filter — Asia / London / New York killzones
  • Dynamic lot sizing — risk-percent based on account balance
  • Configurable trailing stop
  • Trade duration limit — auto-closes stalled positions
  • Broker auto-detection — detects symbol suffixes (.pa, .pro, .m, .raw, etc.)
  • Fill policy auto-detection — FOK / IOC / RETURN at startup
  • Daily trade sync — survives EA restarts without losing count
  • Drawdown protection — 5% daily / 8% total locks trading
  • Professional panel — balance, equity, DD%, win rate, session, status

🔒 FREE Edition Limits

  • 1 symbol (chart symbol only)
  • Max 3 trades per day
  • Max lot: 0.05
  • Max risk: 1% per trade

The PRO version includes: up to 20 simultaneous symbols, news CSV filter, partial close, break-even automation, and prop firm presets (FTMO, FundedNext, Darwinex Zero). → erictrader.pro

⚙️ Key Parameters

  • TF — Timeframe (default M1; M5 also works well)
  • MLScoreThreshold — Min signal confidence (0.52 default; raise to 0.60 for fewer, higher-quality trades)
  • Scalper_SL_Points — Stop Loss in points (150 for FX, 300 for XAUUSD)
  • Scalper_TP_Points — Take Profit (270 FX / 540 XAUUSD — 1.8:1 R:R)
  • MaxSpreadPoints — Max allowed spread (80 FX / 150 XAUUSD)
  • GMT_Offset — Your broker's GMT offset

🏦 Broker Compatibility

Pepperstone Razor, IC Markets Raw, Darwinex Zero, FundedNext Stellar, FTMO, and any ECN/STP broker with MT5.

👨‍💻 About the Developer

EricTrader is an algorithmic trading developer specializing in ICT/SMC-based Expert Advisors for MetaTrader 5, with extensive experience across ECN brokers and prop firm environments. Focus: production-ready code, zero placeholders, capital preservation first.

Contact & PRO version: erictrader.pro

⚠️ Trading forex involves substantial risk of loss. Always test on demo before going live.

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Experts
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4.4 (139)
Experts
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Experts
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