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An MT5 expert advisor that looks for fast price moves on H1 and places BuyStop and SellStop pending orders. It trades several pairs from a single chart and needs a hedging account.
Get one message the moment it launches, with its price.
EA Speed Price Scalper is an expert advisor for MetaTrader 5 that watches for fast price movement and places pending orders around it. It is built for short-term scalping on the H1 timeframe and can handle several currency pairs from a single chart.
The EA measures how quickly price is moving on each enabled symbol. When it detects a sharp move and judges that conditions suit an entry, it places BuyStop and SellStop pending orders rather than entering at market. An order only becomes a trade if price reaches it, which ties entries to actual continuation of the move.
The developer states that the system does not raise lot size after losses and does not use martingale. Because the product is also tagged with grid and signals styles, check the order behaviour yourself on a demo account and in the strategy tester before using it with real money.
EURUSD and USDJPY are the pairs named for testing. Other forex pairs can be switched on in the inputs, but you should test any pair you add before relying on it.
The intended working timeframe is H1. Since all pairs are driven from one chart, the chart you attach it to does not need to match the traded symbol.
The exact default values can differ between releases, so open the inputs tab and read each field before you start. The main groups are listed below.
| Group | What it controls |
|---|---|
| Symbols | Switches for each pair, plus prefix and suffix fields for broker symbol names |
| Magic numbers | Start and finish range used to identify the EA's trades |
| Multi-symbol or multi-timeframe mode | How many symbols or timeframes may be used at the same time |
| Lot size | Fixed lot, or a balance-based option with a user balance and lot per balance step |
| Spread control | Maximum spread, stop-loss adaptation to spread, and a pause when average spread is too high |
| Schedule | Trading days, daily start and end time, GMT offset, and an earlier stop on Friday |
| Display | Information panel and a monthly profit panel for backtests |
| Order options | Trade direction, order comment and allowed slippage |
The developer suggests a small minimum balance for the recommended pairs, but check the current figure and remember that a thin balance leaves little room for losing runs.
Trading carries risk, and past or tested results do not predict future ones. Scalping systems are sensitive to spreads, slippage and execution speed, so live results can differ from a backtest. Test on a demo account first and never risk money you cannot afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (hedging accounts only) |
| Strategy focus | Scalping, Signals, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Trade style | Scalping with pending orders (BuyStop and SellStop) |
| Timeframe | H1 is the intended working timeframe |
| Markets | Forex pairs, including EURUSD and USDJPY; pairs are switched on in the settings |
| Broker needs | Low spreads, 5-digit or 3-digit quotes, hedging account |
| Lot sizing | Fixed lot or balance-based risk option |
| Recommended setup | VPS, leverage 1:100 or higher, unique magic numbers |
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No. It is intended for hedging accounts only. Before buying, confirm in your trading terminal that your account type is hedging. If it is netting, the EA is not suitable.
No. Attach it to one chart only. The pairs it trades are chosen with the currency switches in the inputs, and it handles all of them from that single chart. Make sure the symbols you want are visible in Market Watch.
Enter the prefix or suffix in the symbol name fields of the settings, for example the text that appears before or after EURUSD on your broker's platform. Leave the fields empty if your symbols have plain names.
Yes, but each advisor on the account must use a different magic number range. The EA has start and finish magic number inputs for this. Overlapping ranges can cause trades to be confused between advisors.
The developer recommends one. The EA works with incoming ticks, so a stable connection and a computer that is not overloaded help it process them. A VPS is a practical way to meet that.
No. Trading carries risk, and past or tested results do not predict future ones. Test on a demo account first and use position sizes you can afford.
EA Speed Price Scalper MT5
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