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Scai is an MT5 expert advisor that looks for breakouts of strong price extremes and works out a stop loss and take profit before entering. It has few inputs, with lot mode and magic number as the main ones.
Get one message the moment it launches, with its price.
Scai is an expert advisor for MetaTrader 5 that trades breakouts of strong price extremes. It reads the market, tries to follow the prevailing trend and only opens a position after it has worked out the stop loss, the take profit and how those two compare.
The entry logic is built around a pattern in which price breaks through a significant high or low that itself sits among other extremes. When the EA sees such a break in line with the current trend, it calculates a stop loss and a take profit for the possible trade. It then evaluates the ratio between them and the estimated chance of a positive outcome. If the numbers do not meet its internal criteria, it stays out of the market.
The suggested configuration is EURUSD on the M5 chart. An ECN-type account is recommended, together with leverage of 1:100 or higher. Because the strategy works on a short timeframe, spreads, commissions and slippage matter, so check your broker's conditions before going live. Other symbols or timeframes are not described as supported, so treat them as experiments to be tested on a demo account.
Scai keeps its input list short. Most of the working values are calculated and tuned by the program itself.
| Input | Purpose |
|---|---|
| Lots | Chooses the lot system: dynamic lot or fixed lot |
| Dynamic | Position size is calculated automatically |
| Fix | Position size stays at the value you set |
| Magic | Magic number used to tag the EA's own orders |
Check the inputs tab after attaching the EA for the exact field names and defaults. A suggested minimum deposit is given on the original product page, but a very small balance leaves little room for losing trades, so choose a size you are comfortable with and verify it with your broker's contract specifications.
Trading carries risk, and you can lose some or all of your deposit. Back-tested or displayed results do not predict future ones. Test Scai on a demo account and in the Strategy Tester with your own broker data before using real money.
Use only one instance per symbol and timeframe unless you give each a different magic number.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Trend |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Trade style | Trend, breakout of strong extremes |
| Suggested symbol | EURUSD |
| Suggested timeframe | M5 |
| Account type | ECN account suggested |
| Leverage | 1:100 or higher suggested |
| Lot modes | Dynamic lot or fixed lot |
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No. This listing is for MetaTrader 5 only. The file is built for the MT5 terminal and will not load in MT4.
The suggested setup is EURUSD on the M5 chart. Other symbols and timeframes are not described as supported, so if you try them, test on a demo account first and review the results yourself.
An ECN-type account with leverage of 1:100 or higher is suggested. Spreads, commissions and execution speed affect any short-term strategy, so compare conditions with your broker before running it live.
The inputs are deliberately few. You choose the lot mode, either dynamic or fixed, and set a magic number so the EA can identify its own trades. Other values are calculated by the program itself. Check the inputs tab after loading the EA for the exact fields and defaults.
Copy the file into the Experts folder via File, Open Data Folder, MQL5, Experts in MetaTrader 5, then restart the terminal or refresh the Navigator. Drag the EA onto an EURUSD M5 chart and make sure Algo Trading is switched on.
It is sensible to run it on a demo account first, and to run your own tests in the Strategy Tester with your broker's data. Trading carries risk and past results do not predict future ones.
Scai MT5
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