SpeedPanel is a manual trading utility for MetaTrader 5 designed to streamline scalping operations. It provides an on-chart interface that displays live bid and ask prices, spreads, and floating profit or loss. Users can execute market orders with pre-defined lot sizes tailored for instruments like USDJPY and XAUUSD. T
Utility · MT5
Personal Scalping Tool
Personal Scalping Tool is a MetaTrader 5 execution assistant designed primarily for gold trading.
High risk
GitHub stars1
Forks0
Last update2 months ago20 Jul 2026
LicenceNone stated
Overview
Personal Scalping Tool features a floating graphical user interface that allows traders to manage layered position entries directly from the chart. The expert advisor automates trade management by calculating stop loss and take profit levels based on user-defined price floors and ceilings. It includes a specialized cut-loss buffer mechanism to close positions when price breaches specific zones. While the repository lacks a README, the code provides a multi-layered order system with configurable lot sizes and visual chart integration for manual strategy execution.
- Interactive floating graphical user interface
- Multi-layered limit order entry system
- Automated cut-loss and stop-loss management
- Real-time chart line visual indicators
- Specialized functionality for XAUUSD scalping
Details
Author
Swook1 on GitHub
Type
Utility
Platform
MetaTrader 5 (MQL5)
Strategy
Scalping, Grid
Markets
Gold
Timeframes
M1-M5
Risk profile
- Opens a grid of orders: exposure builds up in a trend
EA files
Input parameters
Read from iScalp_Personal.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
CutLossBuffer | double | 10.0 | Cut Loss buffer (% of area beyond Floor/Ceiling) |
StopLossMultiplier | double | 1.0 | Stop Loss distance (× area beyond Floor/Ceiling) |
DefaultLayers | int | 4 | Default number of layers |
DefaultLotSize | double | 0.05 | Default lot size per layer |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Swook1/MQ5-ScalpingAssistant 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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