Scalpex EA
- Experts
- Morris Mukono Waithaka
- Versione: 1.10
- Aggiornato: 2 luglio 2025
Scalpex EA – Open Source Precision Scalping for MT5
Scalpex EA is a precision-engineered scalping Expert Advisor built for disciplined, momentum-based trading across Forex, Gold, Crypto, and Indices. Designed for efficiency rather than overtrading, it focuses on high-quality setups with structured risk management and session awareness.
Now fully open source and completely free, Scalpex EA is available for collaboration, transparency, and continuous improvement by the trading community.
GitHub Repository:
https://github.com/Morriase/Scalpex-Collab
What Scalpex EA Does
Scalpex EA is optimized for short-term execution on M5 and M15 timeframes. It is built around momentum confirmation, session filtering, and controlled risk parameters.
There is:
No martingale
No grid system
No hidden risk multipliers
Instead, it applies structured SL/TP, trailing stops, and drawdown-aware lot sizing.
Core Features
Momentum-based precision entries
Works on Forex, Gold, Crypto, and Indices
Fixed or dynamic lot sizing
Built-in SL/TP with trailing stop logic
Session filters (London & New York)
RSI and EMA confirmation filters
News filter to avoid high-impact volatility
Drawdown protection controls
Custom magic number & trade labeling
Performance Framework
The strategy has been developed and tested using:
15 years of tick data
Momentum and trend confirmation logic
Optimized parameters for M15
Historical metrics (under controlled backtest conditions):
Win rate above 70%
Low drawdown profile
Profit Factor above 3
Recovery Factor above 8
Note: These results are based on historical testing and are not guarantees of future performance.
Platform & Broker Requirements
Runs on MetaTrader 5
Designed for ECN brokers
Optimized for low-spread symbols (EURUSD, GBPUSD, XAUUSD)
Compatible with 4- and 5-digit brokers
For Gold: requires brokers using 2-decimal pricing
Account type: Hedging
Recommended leverage: 1:100 minimum (1:500 optimal)
Recommended deposit: $500+ (risk dependent)
VPS strongly recommended for stable 24/7 execution
How It Works
Monitors London and New York sessions
Confirms trend direction and momentum
Executes trades with predefined SL/TP
Applies trailing stop to protect profits
Exits dynamically based on market conditions
Installation & Contribution
Scalpex EA is now fully open-source and community-driven.
You can:
Download and compile the source code
Review and audit the trading logic
Contribute improvements
Fork and customize the strategy
Submit pull requests
Repository:
https://github.com/Morriase/Scalpex-Collab
Important Disclaimer
Scalpex EA is a trading tool — not a profit guarantee.
All trading involves risk.
Always test on a demo account before deploying on live capital.
Use responsible risk management.
