The Gold Scalper functions during specific market sessions, while the Bitcoin Scalper trades continuously. Both tools utilize a moving average crossover system to place buy and sell stop orders at predefined distances from the current price. Risk controls include mandatory stop loss and take profit levels, trailing stops, and a cap on maximum open trades. Users can manage risk through fixed lot sizes or percentage-based equity calculations.
Read from BTCScalperEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
enable24HourTrading
bool
true
?
enableLondonSession
bool
false
Disable - 24/7 mode
enableNewYorkSession
bool
false
Disable - 24/7 mode
lotSize
double
0.01
Lot Size (BTC contracts)
maxRiskPercent
double
2.0
Max Risk % per Trade
maxOpenTrades
int
5
Maximum Open Trades
maxPendingOrders
int
10
Maximum Pending Orders
bestDistance
double
50.0
Best Distance for Pending Orders (points)
pendingOrderExpiry
int
3600
Pending Order Expiry Time (seconds)
autoDeleteExpiredOrders
bool
true
Auto Delete Expired Pending Orders
buyStopDistance
double
100.0
Buy Stop Distance (points)
buyStopTrailingStart
double
150.0
Trailing Start Point (points)
Show all 23 inputs
Name
Type
Default
Description
buyStopTrailingStep
double
30.0
Trailing Step Point (points)
sellStopDistance
double
100.0
Sell Stop Distance (points)
sellStopTrailingStart
double
150.0
Trailing Start Point (points)
sellStopTrailingStep
double
30.0
Trailing Step Point (points)
takeProfitPoints
double
200.0
Take Profit (points) - BTC
stopLossPoints
double
100.0
Stop Loss (points) - BTC
useTrailingStop
bool
true
Use Trailing Stop
magicNumber
int
654321
Magic Number - BTC EA
symbolToTrade
string
BTCUSD
๐ BITCOIN SYMBOL
fastMA
int
9
Fast Moving Average Period
slowMA
int
21
Slow Moving Average Period
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone addotwumnana-eng/mt5-gold-scalper-ea 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.
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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