Bitcoin Scalper King
- Experts
-
Naveen Kumar Shyam
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Bitcoin Scalper King is a fully automated MetaTrader 5 Expert Advisor designed for trading BTCUSD (Bitcoin). It uses a systematic breakout strategy combining market structure analysis, pending order execution, and dual EMA trend confirmation to identify potential trading opportunities.
The EA uses fixed lot sizing with configurable Stop Loss, Take Profit, and Trailing Stop. It supports Static and Floating Drawdown calculation modes to help manage account risk according to the selected settings.
Bitcoin Scalper King does not use Grid, Martingale, Averaging, or Recovery systems.
Recommended Set File
Use Default setting for personal accounts.
LIVE TRACK RECORD:
Download BTC Set File:
BTC SCALP 20% RISK — DefaultBTC_PROP_4%RISK — Prop Firm Ready ( Fixed Lot )
Important: Verify the trading symbol, fixed lot size, and drawdown settings before enabling Algo Trading.
How the Strategy Works
The EA identifies significant swing highs and swing lows using a configurable lookback period. It checks two EMA filters before placing a pending Buy Stop or Sell Stop order.
- H1 EMA: Confirms the higher-timeframe trend.
Pending orders expire after the configured period if they are not triggered. Once a trade opens, the EA manages it using the configured Stop Loss, Take Profit, and Trailing Stop.
Risk Management and Drawdown Protection
- Fixed Lot Sizing: Uses a predefined lot size. Percentage-based risk sizing is not supported.
- Daily and Total Drawdown Protection: Helps restrict trading when configured loss limits are reached.
- Maximum Spread Filter: Filters entries when spreads exceed the configured threshold.
- Trading Session Filter: Defines permitted trading hours.
- High-Impact News Filter: Filters trading around supported economic news events.
- Pending Order Expiration: Removes untriggered orders after the configured period.
- Magic Number: Identifies the EA's trades.
Recommended Settings
| Parameter | Recommendation |
|---|---|
| Platform | MetaTrader 5 |
| Symbol | BTCUSD |
| Timeframe | M30 (30 Minutes) |
| Trend Confirmation | H1 EMA |
| Operation | VPS 24*7 |
Suggested Lot Size by Prop Firm Account Size
| Account Balance | Suggested Lot Size |
|---|---|
| $1,000 | 0.10 |
| $5,000 | 0.50 |
| $10,000 | 1.00 |
| $25,000 | 2.50 |
| $50,000 | 5.00 |
| $100,000 | 10.00 |
Lot Size Warning: These values are reference guidelines, not guaranteed safe risk levels. Monitor account equity drawdown and reduce the fixed lot size if drawdown approaches or exceeds your acceptable risk limits. Verify BTCUSD contract specifications and potential Stop Loss exposure with your broker.
Installation
- Install Bitcoin Scalper King in MetaTrader 5.
- Open a BTCUSD M30 chart using your broker's supported symbol.
- Attach the EA and enable Algo Trading.
- Verify fixed lot size, drawdown mode, and trade protection settings.
- Keep your terminal or VPS running during the intended trading period.
Frequently Asked Questions
Which market does this EA support?
Bitcoin (BTCUSD), subject to broker symbol compatibility.
Does the EA use Martingale or Grid?
No. It does not use Martingale, Grid, Averaging, or Recovery systems.
Does it support percentage-based risk?
Yes. It support both fixed lot and percentage-based risk.
Which timeframe should I use?
The recommended chart timeframe is M30 (30 minutes), with H1 EMA trend confirmation.
Can I adjust the lot size?
Yes. Configure the fixed lot size according to your account balance, broker contract specifications, and risk tolerance.
Is a VPS recommended?
Yes. A VPS 24*7 helps maintain continuous terminal operation.
Updates and Support
Updates and compatibility improvements may be released when appropriate. For assistance, use the product discussion page or contact the developer through the relevant support channel.
