Maximum Scalper Unlimited: Free MT5 Expert Advisor

Overview

Operating on the M1 timeframe, it aligns entries with M5 trends using multiple exponential moving averages, RSI, and Stochastic indicators. The strategy utilizes a trend-pyramiding approach with basket management, allowing up to 20 concurrent positions. Risk is controlled through ATR-based dynamic stop loss and take profit levels, daily loss percentage limits, a sudden move filter, and basket-level profit locking. The README is missing.

M1 trend pyramiding with M5 alignment

Multi-indicator entry filters using EMAs, RSI, and Stochastic

ATR-based dynamic stop loss, take profit, and break-even

Basket profit locking and overall account equity protection

Details

Input Parameters

Read from MAXIMUM_SCALPER_UNLIMITED_FILM_v1_29.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default
`InpSymbol`	`string`
`MagicNumber`	`long`	`260923`
`RiskPercent`	`double`	`0.10`
`RejectIfMinLotExceedsRisk`	`bool`	`true`
`FixedLot`	`double`	`0.01`
`AutoLot`	`bool`	`false`
`EntryTF`	`ENUM_TIMEFRAMES`	`PERIOD_M1`
`TrendTF`	`ENUM_TIMEFRAMES`	`PERIOD_M5`
`EMA_Fast`	`int`	`21`
`EMA_Mid`	`int`	`34`
`EMA_Slow`	`int`	`55`
`EMA_Trend`	`int`	`55`

Show all 40 inputs

Name	Type	Default
`RSI_Period`	`int`	`2`
`RSI_BuyLevel`	`double`	`30.0`
`RSI_SellLevel`	`double`	`70.0`
`StochK`	`int`	`5`
`StochD`	`int`	`3`
`StochSlowing`	`int`	`3`
`ATR_Period`	`int`	`14`
`SL_ATR_Mult`	`double`	`1.05`
`TP_ATR_Mult`	`double`	`1.70`
`UseIndividualTP`	`bool`	`false`
`UseBasketProfitLock`	`bool`	`true`
`BasketLockStartATR`	`double`	`2.20`
`BasketLockDistanceATR`	`double`	`0.90`
`UseBasketMoneyProtection`	`bool`	`true`
`BasketMaxLossMoney`	`double`	`10.0`
`BasketProfitTargetMoney`	`double`	`10.0`
`BasketGivebackMoney`	`double`	`3.0`
`MaxPositions`	`int`	`20`
`UseEverySignalCandle`	`bool`	`true`
`UseEarlyTrend`	`bool`	`true`
`UseM1TrendAlignment`	`bool`	`false`
`CloseBasketOnOppositeSignal`	`bool`	`true`
`UseAddOnEntries`	`bool`	`false`
`AddOnTriggerATR`	`double`	`0.00`
`AddOnMinSpacingATR`	`double`	`0.00`
`AddOnSameLot`	`bool`	`true`
`MaxLot`	`double`	`0.10`
`MaxSpreadPoints`	`int`	`1000`

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone lukasrudolf77-commits/MAXIMUM-SCALPER-UNLIMITED 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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Maximum Scalper Unlimited

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