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GT Scalping Tool is an MT5 utility that helps discretionary traders manage open positions from the chart, with drag-and-drop stop loss and take profit levels, order placement and daily limits. It does not open trades on its own.
Get one message the moment it launches, with its price.
GT Scalping Tool is a trade management utility for MetaTrader 5. It is built for traders who open positions by hand and want a faster way to size, adjust and protect them from the chart. It does not generate signals or place entries by itself.
After you attach the tool to a chart, it shows an on-chart interface where you can change parameters without opening the settings dialog. Your own analysis decides when to buy or sell. The tool then helps with what happens next.
The utility has no fixed strategy, so it can be used on any symbol your broker provides and on any timeframe. Scalpers typically use it on short timeframes, but suitability depends on your broker, spreads and execution speed, so check those before relying on it.
Exact defaults are not listed here. Open the inputs tab after attaching the tool and review every field. The following are the areas worth checking first.
| Area | What to check |
|---|---|
| Position size | Set a lot size suited to your account and risk tolerance. |
| Account mode | Choose netting or hedging to match your broker account. |
| Magic number filter | Controls whether only matching positions are managed or other positions and orders on the symbol are included. |
| Profit and loss limits | Maximum daily or total amounts at which the tool acts. |
| Pause windows | Up to five times, with minutes before and after, when trading is paused. |
Using a management tool does not remove market risk. Stops can be filled at worse prices during fast markets or gaps, and scalping is sensitive to spreads, commissions and slippage. Test every setting on a demo account before using it with real funds.
Trading carries risk, and past results do not predict future ones. This utility helps you manage positions but cannot prevent losses.
| Product type | Bot or utility |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Scalping, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Utility (trade management panel) |
| Trade style | Discretionary scalping, manual entries |
| Markets | Any symbol offered by your broker |
| Timeframes | Any chart timeframe |
| Account modes | Netting and hedging |
| Requirements | MT5 terminal with algorithmic trading enabled |
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No. It is a position management utility. You decide when to enter the market, and the tool helps you size, adjust and protect the positions you take. It has no built-in entry strategy.
This listing is for MetaTrader 5 only. It will not run on MT4, so check that your broker offers an MT5 account before buying.
Yes. The tool has an operating mode setting so you can match it to your account type. Check with your broker which mode your account uses and select the same one in the inputs.
It can, depending on the magic number filter. When positions are filtered by magic number, only matching trades are managed. Turning that filter off lets the tool include other positions and orders on the same symbol. Test this on a demo account first to avoid conflicts with other automation.
Review the position size, the maximum profit and loss limits, the magic number filter, the account mode and any trading pause windows. Exact defaults can differ between releases, so read the input list in the terminal after attaching it to a chart.
Copy the files into the MQL5 folder through File, Open Data Folder in MT5, refresh the Navigator, then drag the utility onto a chart. Allow algorithmic trading in the terminal and in the tool's properties.
GT Scalping Tool
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