
Hamster Scalping is an MT5 expert advisor that trades short night-time scalps on a hedging account. Entries rely on an RSI level trigger with a second indicator range and an ATR volatility filter, plus spread, time and news controls.
Get one message the moment it launches, with its price.
Hamster Scalping is a fully automated expert advisor for MetaTrader 5. It aims at short scalping trades during the quiet night session, using an RSI trigger combined with range filters, and it needs a hedging account to run properly.
The expert watches an RSI reading on the chart. When RSI rises above the upper level it looks for a sell, and when it falls below the lower level it looks for a buy. Two more filters then have to agree before an order is sent: a second indicator must sit inside a range you define, and an ATR reading on a chosen timeframe must also fall inside its own range. This keeps the expert out of markets that are either too flat or too volatile for its settings.
Exits are handled with a virtual take profit and a virtual stop loss, so the levels are managed by the expert and not placed as visible orders. You can choose whether they react to closed bars or to the current price, and whether the take profit is measured from breakeven of the whole series or from the last order. A cycle option decides if the expert keeps starting new series or stops after one is finished.
The default inputs are tuned for EURUSD on the M5 chart, with a server time offset that you enter in the TimeZone input. Other symbols are possible, but you should check spread, volatility and the ATR range yourself and test before trading live. A low-spread ECN-style account suits this approach, since scalps have little room for wide costs.
Values are entered in points as for five-digit quotes, and the expert converts them for four-digit symbols. The main groups of inputs are:
| Group | What it controls |
|---|---|
| Indicator periods and levels | RSI period, upper and lower trigger levels, second indicator range, ATR period, range and timeframe |
| Lot management | Initial lot, auto lot, deposit amount per lot step, maximum lot |
| Exits | Virtual take profit and stop loss, calculation options, closing of opposite orders |
| Limits | Maximum orders, maximum spread, magic number |
| Time | Start and end hour, Friday stop time, Wednesday night option, time zone offset |
| News | Pause minutes before and after high, medium and low importance events, on-chart news display |
| Display | Close button and statistics panel |
Check the default values in the inputs tab after loading the expert, as they are the reference for the intended setup.
Scalping systems that open a series of orders can accumulate exposure when price moves against them. Set the maximum orders, maximum lot and stop loss with care, and size your account to match.
Trading carries risk and you can lose part or all of your capital. Past results, including any shown by the author, do not predict future ones. Test on a demo account first.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (hedging account required) |
| Strategy focus | Scalping, Momentum |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Trade style | Scalping with momentum-style entries, mainly at night |
| Entry logic | RSI levels, second indicator range and ATR range filter |
| Suggested market | EURUSD on M5 is the reference setup; check other pairs yourself |
| Account type | Hedging; low-spread ECN account preferred |
| Risk controls | Virtual TP and SL, max orders, max lot, max spread, time window |
| Extras | News pause via WebRequest, close button, statistics display |
No reviews yet. Customers who own Hamster Scalping mt5 can review it here.
No. The expert advisor is designed for hedging accounts, where several positions can be open on the same symbol. Check your account type with your broker before buying. On a netting account it will not behave as intended.
The reference setup is EURUSD on the M5 chart with the default inputs, using a server time offset that matches the TimeZone input. Other symbols may need different RSI, ATR and spread values, so test them on a demo account first.
In MetaTrader 5 open Tools, then Options, then the Expert Advisors tab. Tick the option to allow WebRequest for listed URLs and add the news and time server addresses the product requires. Check the product page for the exact list, then press OK and restart the expert.
This listing is for MetaTrader 5. It will not run on MetaTrader 4. If you need an MT4 tool, look for a separate MT4 listing.
The author points to a low minimum balance and an ECN-type account with very tight spreads. Treat the minimum as a floor, not a safe level. Check lot size, margin and spread on your own broker, and run a demo test before using real funds.
Yes. You can set a fixed initial lot or turn on auto lot, which scales volume against a deposit amount you choose. A maximum lot input caps the size. Keep these conservative and test them in the strategy tester first.
Hamster Scalping mt5
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.
Own Hamster Scalping mt5? Sign in to review it.