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Safe FX Scalping is an MT5 expert advisor that places pending orders on one-hour charts, mainly EURUSD and USDJPY, with fixed stop loss, take profit and optional trailing. Trading hours and order expiry are adjustable.
Get one message the moment it launches, with its price.
Safe FX Scalping is an expert advisor for MetaTrader 5 that trades short-term moves on the one-hour chart. It uses pending orders placed around recent structure, so entries are triggered by price reaching a level rather than by the EA buying or selling at the current quote.
The EA scans the chart at an interval you choose, measured in candles. When conditions suit its momentum and support and resistance logic, it places a pending order with a preset stop loss and take profit. If the order has not been filled after a set number of hours, it expires and is removed. Once a trade is open and in profit by a chosen number of points, an optional trailing stop can start to follow price.
The store lists the product under scalping, grid, momentum and support and resistance tags. The developer states that it does not rely on martingale, but you should still watch how many orders and positions it opens on your own account during testing.
The inputs are few and mostly concern timing, size and exit distances. Exact names and defaults can differ slightly, so read the input tab after attaching the EA.
| Input | Purpose |
|---|---|
| Start and stop trading time | Daily window in which new orders may be placed |
| Magic number | Identifies the EA's trades; use a different value on each chart |
| Trade comment | Text label added to orders |
| Fixed lot size | Set a lot size, or zero to use the risk percentage option |
| Take profit and stop loss | Exit distances in points |
| Points to start trailing | Profit needed before the trailing stop activates |
| Trail distance | Gap in points between price and the trailing stop |
| Trading timeframe | Chart period the EA works on |
| Check every X candles | How often the EA looks for new setups |
| Expiry in hours | Time after which an unfilled pending order is cancelled |
Scalping depends heavily on spread, slippage and execution quality, so results can differ a lot between brokers. Use a lot size or risk percentage that you could afford to lose, and keep a close eye on drawdown.
Trading carries risk, and you can lose some or all of your capital. Past results, whether from a backtest or a live account, do not predict future ones. Test on a demo account before using real money.
Repeat the steps on a second chart if you want to trade both pairs, giving each its own magic number.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor, .ex5) |
| Strategy focus | Scalping, Grid, Momentum, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Suggested markets | EURUSD and USDJPY |
| Suggested timeframe | H1 (one hour) |
| Trade style | Scalping with pending orders, momentum and support/resistance logic |
| Account type | Hedging account with low spread and fast execution suggested |
| Risk controls | Stop loss, take profit, optional trailing, order expiry |
| Requirements | Algo trading enabled; a VPS is advisable for continuous running |
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No. This product is an MT5 expert advisor and will not load in MT4. Check that your broker offers MT5 and a hedging account before buying.
The developer recommends EURUSD and USDJPY on the H1 chart. You can test other symbols in the Strategy Tester, but results on them are unknown, so test carefully on a demo account first.
The default inputs are intended to suit the two recommended pairs on most brokers. Check the download for any included set files, and compare any set you load against the inputs listed on this page before running it live.
Open a separate H1 chart for each pair, attach the EA to each one and give every chart a different magic number. This keeps the positions of each pair separate.
Short-term trading is sensitive to spread, slippage and execution speed. A low-spread account with fast execution is suggested. Confirm the symbol names, minimum stop distance and lot rules with your broker, and test on a demo account first.
Some traders run EAs on evaluation accounts, but rules differ between firms. Read the firm's terms on automated trading and drawdown limits first, and note that no EA can guarantee passing an evaluation.
Safe FX Scalping
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