MT5 Scalper Bot: Free MT5 Expert Advisor

Overview

MT5 Scalper Bot enters buy trades when the fast MA crosses above slow MA and RSI is below oversold, and sells when fast MA crosses below slow MA and RSI above overbought. Trades include a fixed lot size of 0.1, 20-pip stop loss, and 10-pip take profit. The bot supports both buy and sell trades with a maximum of one open position at a time and can be limited to trading hours from 8 to 17 UTC. The README is minimal and does not detail risk management beyond basic parameters.

Moving Average Crossover

RSI Confirmation

Fixed Lot Size

Forex and Gold

Time Filter

Details

Author

saljevontea-gif on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Indicator crossover, Scalping

Markets

Forex, Gold

Timeframes

M1-M5

Risk Profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA Files

ScalperBot.mq5

Source

github.com/saljevontea-gif/mt5-scalper-bot

Input Parameters

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

Name	Type	Default	Description
`fastMA`	`int`	`5`	Fast Moving Average period
`slowMA`	`int`	`20`	Slow Moving Average period
`rsiPeriod`	`int`	`14`	RSI period
`rsiOverbought`	`double`	`70`	RSI overbought level
`rsiOversold`	`double`	`30`	RSI oversold level
`lotSize`	`double`	`0.1`	Lot size for trades (0.1 = micro lot)
`stopLossPips`	`double`	`20`	Stop loss in pips
`takeProfitPips`	`double`	`10`	Take profit in pips
`enableTradingBuy`	`bool`	`true`	Enable BUY trades
`enableTradingSell`	`bool`	`true`	Enable SELL trades
`maxOpenPositions`	`int`	`1`	Maximum positions at once
`useTimeFilter`	`bool`	`true`	Only trade during certain hours

Show all 14 inputs

Name	Type	Default	Description
`startHour`	`int`	`8`	Trading start hour (UTC)
`endHour`	`int`	`17`	Trading end hour (UTC)

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone saljevontea-gif/mt5-scalper-bot 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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