EA Scalper XAUUSD is an automated trading research project for MetaTrader 5 focused on gold. It employs a multifaceted entry strategy using Smart Money Concepts like order blocks and liquidity sweeps, alongside moving average crossovers and Fibonacci zones. The EA includes a self-learning module designed to adapt to di
Trading robot · MT5
Trade Pro 1Min Scalper
Trade Pro 1Min Scalper is an automated trading robot for MetaTrader 5 that implements a strategy based on Bill Williams Fractals and a triple moving average system.
GitHub stars4
Forks1
Last update2 years ago28 Aug 2024
LicenceNone stated
Overview
Trade Pro 1Min Scalper identifies market trends using fast, medium, and slow EMA periods and executes entries based on short-term price action. The expert advisor includes a fixed lot sizing model and a configurable take profit to stop loss ratio for risk management. It is designed for the one-minute timeframe. The developer indicates the logic is a direct port of a video tutorial and notes that the strategy may require additional optimization.
- Triple exponential moving average trend filter
- Bill Williams Fractal entry signal detection
- Configurable take profit to stop loss ratio
- Visual display of past signals on chart
- Fixed lot sizing execution
Details
Author
Justin-yzp on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Scalping, Indicator crossover
Markets
Any symbol
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
Input parameters
Read from 1MinScalperv2.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpFastBars | int | 20 | Fast Bars |
InpFastMethod | ENUM_MA_METHOD | MODE_EMA | Fast Method |
InpFastAppliedPrice | ENUM_APPLIED_PRICE | PRICE_CLOSE | Fast Price |
InpMidBars | int | 50 | Mid Bars |
InpMidMethod | ENUM_MA_METHOD | MODE_EMA | Mid Method |
InpMidAppliedPrice | ENUM_APPLIED_PRICE | PRICE_CLOSE | Mid Price |
InpSlowBars | int | 100 | Slow Bars |
InpSlowMethod | ENUM_MA_METHOD | MODE_EMA | Slow Method |
InpSlowAppliedPrice | ENUM_APPLIED_PRICE | PRICE_CLOSE | Slow Price |
InpProfitRatio | double | 1.5 | TP:SL Ratio |
InpVolume | double | 0.01 | Trade Lots |
InpTradeComment | string | M1 Scalper | Comments |
Show all 13 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpMagic | int | 2198 | Magic Number |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Justin-yzp/TradePro1minScalper 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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