Risk & protection · MT5

Scorpion Risk Infrastructure

by LinaDoron

Scorpion Risk Infrastructure is a MetaTrader 5 expert advisor focused on capital protection and trade execution.

GitHub stars1
Forks0
Last update2 months ago6 Jul 2026
LicenceNone stated

Overview

Originally derived from a smart money strategy, this framework handles position sizing based on balance risk, enforces daily loss limits, and applies cooldown periods after trades hit stop loss. It protects accounts by filtering entries during high-impact news, market rollovers, and weekend sessions. The tool automates limit order placement with risk-reward calculations and broker-level normalization for stops and freeze levels. Note that while it provides execution logic, the specific entry signal logic must be provided by the user.

Details

Author

LinaDoron on GitHub

Type

Risk & protection

Platform

MetaTrader 5 (MQL5)

Markets

Any symbol

Timeframes

Any timeframe

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 ScorpionRiskLimit.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
InpPlaceOrdersbooltrue
InpUseRiskLotbooltrue
InpRiskPercentdouble0.5
InpLotsdouble0.01
InpUseDailyLossLimitbooltrue
InpDailyLossLimitPercentdouble2.0
InpCooldownAfterSlMinint60
InpMagiculong20260504
InpDeviationPointsint20
InpTpRiskRewarddouble2.0
InpAllowMarketFallbackboolfalse
InpLimitLifetimeBarsint5
Show all 27 inputs
NameTypeDefaultDescription
InpUseNewsFilterbooltrue
InpHighImpactBlockBeforeMinint15
InpHighImpactBlockAfterMinint15
InpAllDayBlockKeywordsstringCPI;NFP;FOMC;GDP;POWELL;TRUMP;FUND RATE;BANK RATE;PPI
InpHighImpactBlockCurrenciesstringUSD;EUR;GBP;CHF
InpUseRolloverBlockbooltrue
InpRolloverBlockStartHourint23
InpRolloverBlockEndHourint1
InpUseWeekendSessionBlockbooltrue
InpFridayCloseHourint22
InpFridayCloseMinuteint0
InpSundayOpenHourint22
InpSundayOpenMinuteint0
InpWeekendBlockHoursint3
InpBlockMondayOpenWindowboolfalse

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone LinaDoron/Scorpion-s-Spear 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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