High Frequency Grid EA is an automated trading robot for MetaTrader 5 that implements a mean-reversion strategy through a grid of pending orders. It places buy and sell stop orders at calculated distances, using dynamic spread monitoring to ensure execution only during favorable conditions. The EA includes a trailing s
Trading robot · MT5
Fast Scalper
Fast Scalper is an Expert Advisor for MetaTrader 5 that executes trades based on price ranges and tick velocity.
GitHub stars1
Forks0
Last update5 months ago19 Apr 2026
LicenceNone stated
Overview
Fast Scalper monitors short-term and long-term price extremes using 40-candle and 200-candle lookback periods to establish market context. The system incorporates a hedging mechanism to manage open positions, using specific pip tolerances and ATR-based targets for exits. It utilizes a tick speed threshold to identify high-momentum movements. Risk management is handled through lot sizing and hedging, though the provided code lacks standard stop loss parameters.
- Tick speed velocity monitoring
- Dual lookback range analysis
- ATR-based profit targets
- Integrated hedging mechanism
Details
Author
tsvirinkal on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Scalping, Hedging, Mean reversion
Markets
Any symbol
Timeframes
M1-M5
Risk profile
- Holds opposite positions at once
- Trades without a fixed stop loss
EA files
Input parameters
Read from FastScalper.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
LotSize | double | 0.10 | Lot size |
MagicNumber | int | 123456 | Magic number |
Slippage | int | 10 | Slippage (points) |
RangeLookback | int | 40 | Range lookback candles |
RangeLookback200 | int | 200 | 200-candle range lookback |
RangeDistancePct | double | 0.50 | Min distance as fraction of range |
PipTolerance | int | 15 | Tolerance in pips for hedge exits |
AtrPeriod | int | 14 | ATR period for profit target |
InpMinSegTickCountThreshold | int | 100 | Minimum tick speed per 5 seconds for large candles |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone tsvirinkal/metatrader5 from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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