Available soon
Loading product…
BitCoin Scalper No 1 is a MetaTrader 5 expert advisor that scalps short-term trends on BTCUSD and XAUUSD, mainly on the 1-minute chart. It uses indicator-based entries, a virtual take profit and limits on open trades, spread and trading hours.
Get one message the moment it launches, with its price.
BitCoin Scalper No 1 is an expert advisor for MetaTrader 5 that looks for short-term trend moves on BTCUSD and XAUUSD and opens small, frequent positions. It is intended for the 1-minute chart and is configured mostly through a set file.
The EA reads indicator levels to decide when to open a buy or a sell. Those trigger levels are exposed as inputs, and the intended workflow is to load them from a set file prepared for the chart timeframe you use, with one set of levels for the 1-minute chart and another for the 1-hour chart.
Positions are not closed by a fixed take profit order on the server. Instead the EA uses a virtual take profit, which is a fixed amount in account currency for each open trade. When several trades are open in the same direction, the target scales with the number of open trades. The right figure depends on your lot size, so check it against your set file rather than guessing.
The default stop loss is 0 points, meaning no fixed stop is placed on the trade. This is a significant point for risk. If you want a hard stop, you need to enter one yourself and test how it changes behavior.
The inputs below are the main ones to review. Exact values should come from the set file and from your own testing.
| Input | Purpose |
|---|---|
| Indicator levels | Trigger levels for buy and sell entries, loaded from the set file |
| SL points | Stop loss distance; default 0 means none |
| TP amount | Virtual take profit in account currency per trade |
| Lot size | Fixed trade size |
| Magic number | Identifier so the EA can recognize its own trades |
| Bars between trades | Minimum gap between two orders |
| Start and end time | Daily hours and minutes when new trades may open |
| Maximum spread and slippage | Filters for poor execution conditions |
| Max open, long and short trades | Caps on position count in each direction |
| Trading days | Choose which weekdays are active |
| Email and push alerts | Optional notifications for each trade |
Check whether the start and end times refer to broker server time, because that affects which market hours you actually trade. Also check the spread limit against what your broker charges on BTCUSD, which can be wide.
Scalping with several open positions and no default stop loss can lead to large drawdowns when price moves against the basket. Use a lot size that suits your balance, and confirm the minimum balance your set file expects.
Trading carries risk and past results do not predict future ones. Back tests are often optimized to fit past data, so test the EA on a demo account and with your own broker conditions before using real funds.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Scalping, Trend, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, automated trading |
| Markets | BTCUSD (Bitcoin) and XAUUSD (gold) |
| Timeframes | Designed for M1 charts; set files also cover H1 levels |
| Trade style | Short-term trend scalping with multiple positions |
| Take profit | Virtual, fixed amount per trade in account currency |
| Stop loss | Default setting is 0 points, so set your own protection |
| Requirements | Algo trading enabled; broker symbol names must match input |
No reviews yet. Customers who own BitCoin Scalper No 1 can review it here.
No. This product is an MT5 expert advisor and will not load in MetaTrader 4. You need a MetaTrader 5 terminal and an account that offers the symbols you want to trade.
It is aimed at BTCUSD and XAUUSD, and the usual setup is to attach it to a 1-minute chart. Your broker may name these symbols differently, so check the exact symbol text in your Market Watch and enter it in the EA inputs.
The indicator levels that trigger entries are meant to be loaded from a set file, with separate levels for the 1-minute and 1-hour charts. Without suitable values the results will differ from what you expect, so confirm you have a set file before running it on a live account.
By default the stop loss input is 0 points, which means no fixed stop is placed. Exits rely on a virtual take profit and on your limits for open trades. Consider your own risk controls and test carefully before trading live.
Yes. There are inputs for the maximum number of open trades, the maximum long trades and the maximum short trades. There is also a minimum gap between orders, a maximum spread and a slippage setting.
Copy the expert advisor file into the MQL5/Experts folder through File, Open Data Folder in MT5, then refresh the Navigator or restart the terminal. Drag it onto the chart, enable algo trading, and load your set file from the Inputs tab.
BitCoin Scalper No 1
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running expert advisors.
More MT5 tools with a similar focus.
Own BitCoin Scalper No 1? Sign in to review it.