Zapscalper

Zapscalper: Pullback and Spike Scalper with Reversal Protection.

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Key features

• Spike detection. 
• Alligator pullback logic. 
• 200 EMA trend filter. 
• Consolidation filter. 
• Oversized breakout filter. 
• Reversal stop order (optional). 
• Automatic trade management.
• Flexible lot size.
• Margin protection. 
• Smart pip detection. 
• Trade controls. 
• History replay and recovery.
• On-chart panel.
• Alerts and logs.

When Zapscalper does not trade

The panel and logs show the reason:

• Alligator asleep (consolidation)
• 200 EMA on the wrong side of the Alligator
• Oversized breakout candle (pullback entries only)
• A trade is already open
• Spike cooldown still running
• Spread wider than your limit
• Not enough free margin
• Buys or sells disabled
• Setup cancelled by a close back through the Jaw

Recommended setup

• Symbols: Gold (XAUUSD) and major FX pairs.
• Timeframe: m3 works best. It trades on closed candles for pullbacks and on live ticks for spikes.
• Account: any MT5 account.
• Lot size: start at 0.01 or a low risk percentage, and test on demo first.
• Testing: the Strategy Tester must use “Every tick” or “Every tick based on real ticks” for the spike feature to work properly.

Important notes

• Trading carries risk. Past results do not guarantee future results.
• Zapscalper reacts to price movement and does not read a news calendar.
• Entering after a fast move can mean wider spreads and slippage. Set a max spread suited to your broker.
• Zapscalper uses no martingale and no grid. The reversal order uses the same volume on hedging accounts.
• Test on a demo account or in the Strategy Tester before using real money.