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AW Advanced Scalping EA is an MT5 expert advisor that opens trades when a custom oscillator crosses set levels, then manages losing baskets with averaging and an overlap recovery routine. It can size lots automatically and send alerts.
Get one message the moment it launches, with its price.
AW Advanced Scalping EA is an automated MetaTrader 5 expert advisor that looks for short-term swings and tries to enter near expected reversals. Entries come from a custom oscillator, and open positions are handled as a basket with averaging and an optional overlap recovery routine.
The signal is built from three oscillator settings: a fast period, a slow period and a deceleration period. The oscillator is scaled from 1 to 100. When it crosses the upper level the EA opens the first order of a sell basket, and when it crosses the lower level it opens the first order of a buy basket.
If price keeps moving against the first order, the EA adds more orders in the same direction. The distance between orders can be a fixed number of points, or it can widen through a dynamic step after a chosen number of orders. Each new order can also be larger than the previous one by a multiplier you set.
The take profit is virtual and is measured in points from the breakeven price of the whole basket. The optional overlap recovery routine pairs the first order with the last one so that part of the position can be closed sooner. You choose after how many open orders it starts. You can also place manual orders alongside the automated ones.
No single symbol or timeframe is prescribed. Scalping systems are sensitive to spread, slippage and execution speed, so test on the instrument and timeframe you plan to use, with realistic spreads from your broker.
The inputs are grouped as follows. Exact default values are not listed here, so check them in the input window and tune them in the Strategy Tester.
| Group | What it controls |
|---|---|
| Main | First order size, autolot on or off, deposit per 0.01 lots, maximum order volume |
| Take profit | Virtual take profit in points, overlap recovery and the order count at which it starts |
| Averaging | Order size multiplier, fixed step, dynamic step start and multiplier |
| Signals | Fast, slow and deceleration periods, upper and lower trigger levels |
| Advisor | Buy and sell permissions, new orders after close, magic number, order comment |
| Protection | Maximum slippage, maximum spread, maximum number of orders |
| Notifications | Push, email and pop-up alerts when orders are closed |
| Panel | Show or hide the on-chart panel, size, font and line colours |
Averaging with a size multiplier can build large positions during a sustained trend. Set the maximum spread, maximum order count and maximum lot size deliberately, and size the deposit so that a full basket does not threaten your account.
Trading carries risk, and past results do not predict future ones. Test on a demo account first and only risk money you can afford to lose.
For continuous operation, many users run the EA on a VPS so that the terminal stays connected.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Scalping, Signals, Momentum, Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Trade style | Scalping with averaging and basket management |
| Signal source | Custom oscillators with fast, slow and deceleration periods |
| Lot sizing | Fixed first order or automatic lot calculation |
| Protection | Spread, slippage and maximum order count limits |
| Notifications | Push, email and terminal alerts on order close |
| Requirements | Algo trading enabled; a VPS is advisable for continuous running |
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This listing is for MetaTrader 5 only. An MT5 expert advisor cannot be loaded in MT4, so make sure your terminal is MT5 before you buy.
Copy the expert advisor file into the Experts folder via File > Open Data Folder > MQL5 > Experts, restart the terminal or refresh the Navigator, then drag it onto a chart. Make sure Algo Trading is switched on and that automated trading is allowed in the EA properties.
The description does not fix one instrument or timeframe. Test your chosen symbol and timeframe in the Strategy Tester with your broker's data and spreads, and adjust the oscillator periods and levels before using a live account.
It uses averaging: when price moves against a basket, further orders are opened, and each can be larger than the last by a multiplier. This can raise exposure quickly, so keep the multiplier, maximum orders and maximum lot size within what your account can bear.
The minimum deposit is not stated, so check this yourself in testing. Averaging baskets need enough margin to hold several orders at once. The autolot option helps keep lot size in proportion to your balance.
Yes. You can switch buy orders and sell orders on or off separately, and you can stop it opening new baskets after the current one closes.
AW Advanced Scalping EA MT5
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