Smart SL Scalp Assistant

Smart SL Scalp Assistant JP is a semi-automatic scalping and day-trading support EA for MetaTrader 5.

Place an order in just 2 steps.

STEP 1: Set the SL
Move the SL line to your desired stop-loss level, or use AUTO SL.

STEP 2: Click BUY or SELL
The EA automatically calculates the lot size based on the SL distance and selected risk percentage, calculates TP according to the configured RR, and then sends a market order.

There is no need to manually calculate the lot size or TP every time.

You make the entry decision.
The EA supports the calculations and order execution.

It is designed for traders who want to keep the process between making a trading decision and placing an order as simple as possible, especially for scalping and day trading.

The trader decides the entry timing, while the EA supports lot-size calculation, SL/TP setup, multiple-position management, order execution, and position closing.

Simply move the SL line, and the EA automatically calculates the lot size from the account balance and selected risk percentage, while displaying TP, estimated loss, and estimated profit based on the configured risk-reward ratio.

BUY / SELL / CLOSE ALL / individual close buttons are available directly on the chart for fast discretionary trading.

Main Features

・Simple risk setup using the SL line
・Automatic lot-size calculation based on account balance and risk percentage
・Supports up to 4 positions
・When using up to 4 positions, the selected total risk is divided equally among positions
・Example: Total risk 2% with maximum 4 positions = 0.50% risk per position
・Automatic lot-size calculation for each entry according to SL distance
・Automatic TP calculation based on the configured RR
・Lot size, SL distance, TP, estimated loss, and estimated profit are updated when the SL line is moved
・One-click BUY / SELL market orders
・Fast order and position-closing execution
・Protection against excessive rapid-click order requests
・Individual P1–P4 close buttons
・CLOSE ALL button for closing all positions
・Real-time profit/loss display while positions are open
・Account balance and equity display directly on the chart
・Maximum spread filter
・Pips calculation modes for FX / Gold / Bitcoin
・Automatic SL placement for BUY / SELL
・Manual SL setting mode
・Enlarged display mode

MA Proximity Alerts

The EA can send push notifications to the MT5 mobile app when price approaches any of three selected moving averages within the specified distance.

Default settings:

・M15 / MA200
・H1 / MA200
・H4 / MA200

The timeframe and MA period can be configured individually for each alert slot.

The alert distance can also be adjusted in the input parameters.

A rearm control is included to prevent repeated notifications from being sent continuously under the same condition.

How to Use

1. Attach the EA to an MT5 chart.
2. Move the SL line to your desired stop-loss price.
3. The EA automatically calculates the lot size, SL distance, TP, estimated loss, estimated profit, and RR.
4. If the SL line is below the current price, the EA prepares for a BUY. If it is above the current price, it prepares for a SELL.
5. Press BUY or SELL to send a market order using the calculated lot size, SL, and TP.
6. For additional entries, the EA recalculates the lot size based on the current SL position and selected risk settings.
7. Up to 4 positions can be held at the same time.
8. Positions can be closed individually using the P1–P4 close buttons, or all at once using the CLOSE ALL button.

Risk Management

If the maximum number of positions is set to 4 and the total risk is set to 2%, the risk per position is calculated as 0.50%.

If the SL distance is wider, the lot size becomes smaller.

If the SL distance is tighter, the lot size becomes larger.

In other words, the lot size is not fixed. It is automatically calculated for each entry so that the estimated loss at the SL level remains close to the selected risk percentage.

Spread Filter

New entries can be restricted when the current spread reaches or exceeds the configured maximum value.

Separate maximum spread values can be set for FX, Gold, and Bitcoin.

This feature is designed to help prevent unnecessary entries during periods of unusually wide spreads, especially in scalping and day trading.

About This EA

This EA is not a fully automated trading system.

The trader decides the market direction and entry timing, while the EA assists with lot-size calculation, SL/TP calculation, order execution, position closing, and position management.

It is a semi-automatic trading tool designed to support discretionary traders.

Important Notes

This EA does not guarantee profits.

Actual trading results may vary depending on market conditions, spreads, slippage, execution speed, network conditions, broker specifications, volatility, and other factors.

Symbol names, minimum lot size, lot step, stop level, execution method, and other trading conditions may differ between brokers.

Before using the EA on a live account, please test it thoroughly on a demo account.

All trading decisions and trading results remain the responsibility of the user.