Scalper Prime

Overview

Scalper Prime is a fully automated MT5 Expert Advisor built around a scheduled straddle strategy: at defined clock times, it places a symmetrical pair of pending orders above and below the market, designed to catch the burst of volatility that often follows a scheduled event or session open. Whichever side gets triggered becomes the live position; the untouched side is automatically cancelled if the market doesn't move far enough within a set window.

This isn't a "set and forget" straddle script — it's wrapped in a full risk-management and trade-management framework that handles order placement, stop-loss attachment, trade exits, and account protection without any manual intervention.

Core Strategy

• Scheduled entries — Trades are triggered at user-defined times (multiple times per day supported), rather than on indicator signals, targeting the volatility windows traders care about most (news releases, session opens, etc.).
• Adaptive order placement — If the broker rejects an order due to pricing constraints, the bot automatically adjusts the entry distance and retries, up to a configurable number of attempts — so a single rejected quote doesn't cost you the trade.
• Automatic pending order cleanup — Any leg that never gets triggered is cancelled after a timeout, so you're never left with a stale one-sided exposure.
• Optional re-arm logic — After a position closes, the bot can re-establish a fresh straddle within a defined window following the original trigger, capturing continuation moves without manual re-entry.

Risk & Trade Management

• Adaptive stop-loss — Stops can be attached immediately at order placement (scaled to current market volatility) or attached shortly after fill, with automatic retry-and-widen logic if the initial stop level is rejected by the broker.
• Breakeven protection — Once a trade reaches a defined profit threshold, the stop is automatically moved to lock in a small gain.
• Volatility-scaled trailing stop — Winning trades are trailed using a distance that adapts to current market conditions, letting strong moves run further rather than being capped by a fixed target.
• Multiple exit rules — Every position is protected by a profit ceiling, a maximum holding time, and a hard safety-loss backstop, so no trade can run away from you even in edge-case scenarios.

Account-Level Safeguards

• Consecutive-loss circuit breaker — After a defined streak of losing trades, the bot automatically pauses new entries for a cooling-off period.
• Daily loss cap — New entries stop for the day once a defined loss threshold is reached.
• Daily / monthly entry limits — Caps the number of new straddles opened per day or per month, preventing over-trading.

Market Regime Filters

• Volatility filter — Entries can be restricted to periods where volatility is meaningfully expanding relative to its recent baseline.
• Trend-strength filter — Entries can require a minimum level of directional strength before firing, filtering out flat/choppy conditions.

Scheduling & Session Controls

• Per-weekday trading windows — Independent enable/disable and session hours for each day of the week, or 24-hour trading.
• Session-group filters — Restrict trading to any combination of the Sydney, Tokyo, London, and New York sessions.
• Holiday blackout — Automatically stands down during the year-end holiday period.
• Economic news protection — Built-in economic calendar integration blocks new entries around high-impact USD/EUR news events (with a dedicated NFP override), each with independently configurable pause windows before and after the release.

Summary

Scalper Prime combines disciplined, time-based straddle entries with layered risk controls — adaptive stops, breakeven and trailing management, consecutive-loss and daily-loss circuit breakers, and a full economic-calendar-aware news filter — into a single self-contained MT5 Expert Advisor. It's designed for traders who want a systematic, rules-based way to trade volatility expansions without watching the charts around every scheduled event.

Compatible with MetaTrader 5. Fully configurable via input parameters — no coding required to adjust trigger times, lot sizing, risk limits, or session schedule.