Trading robot · MT5

Pattern Scalp EA

by spice2807

Pattern Scalp EA is an MT5 trading robot that automates a session-based scalping methodology tailored for index markets such as NAS100, US30, and US500.

GitHub stars1
Forks0
Last update7 weeks ago19 Sep 2026
LicenceNone stated

Overview

The advisor evaluates the initial 15-minute session candle against Daily ATR to determine market qualification and establish a contrarian bias. It enters positions based on specialized candlestick formations, including John Wick doji signals and Power Tower engulfing patterns. Risk control options include fixed USD position sizing, customizable stop loss buffers, timed entry windows, forced session closures, partial profit taking with break-even adjustments, and on-chart visualization markers.

Details

Author

spice2807 on GitHub

Type

Trading robot

Markets

Indices

Timeframes

M1-M5, M15-H1

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.

Input Parameters

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

NameTypeDefaultDescription
InpSessionStartstring16:30Session/box start (HH:MM, BROKER server time)
InpEntryWindowHoursdouble7.0Stop looking for a NEW entry this many hours after session start
InpForceCloseHoursdouble8.0Force-close any still-open position this many hours after session start
InpAtrMultPctdouble20.0Box candle range must exceed this % of Daily ATR(14) to qualify
InpAtrLenint14
InpJohnWickBodyMultdouble1.5John Wick: same-side wick >= x * body
InpJohnWickOppMultdouble1.3John Wick: opposite wick <= x * same-side wick
InpEngulfMaxWickPctdouble40.0Power Tower: max wick % of body (each side)
InpStopBufferPointsdouble15.0Stop buffer beyond the wick/invalidation level, in points
InpTPStyleENUM_TP_STYLETP_PARTIAL_BREAKEVEN
InpPartialClosePctdouble50.0% of position closed at the 1:1 point (TP_PARTIAL_BREAKEVEN only) - no number was specified, 50% is a reasonable default
InpRiskUSDdouble1000.0Fixed $ risk per trade
Show all 16 inputs
NameTypeDefaultDescription
InpSlippagePointsint20
InpMagicNumberulong774411
InpTradeCommentstringPatternScalp
InpShowVisualsbooltrueDraw the box/labels/entry markers on the chart

How to Install It

  1. 1Download the sourceUse "Download source (.zip)" above, or clone spice2807/Pattern-Scalp-Strategy-by-TheRumers from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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