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Scalper One is a price-action expert advisor for MetaTrader 5 that scalps on several symbols and timeframes. It offers four risk models and adjustable inputs, and it needs a raw-spread broker.
Get one message the moment it launches, with its price.
Scalper One is an expert advisor for MetaTrader 5 that trades short-term price action. It reads recent price behaviour on the chart, opens positions when its conditions are met, and manages them with a stop-loss and its chosen risk model. It is meant to be tested and tuned, not simply switched on and forgotten.
The EA is built around price action rather than a stack of lagging indicators. It looks at how price is moving on the chart it is attached to and enters for short-duration trades. Because scalping targets small moves, the spread, the commission and the quality of execution have a large effect on the outcome.
Position sizing is controlled by one of four models:
The higher models can magnify losses as well as gains. Begin with the most conservative option while you learn how the EA behaves with your broker.
The EA can run on multiple symbols and timeframes. The default inputs are aimed at USDJPY, GBPUSD and EURUSD on the H1 chart. The developer suggests that other symbols and timeframes can work if you adjust the inputs, but each combination needs its own testing. Do not assume that settings that suit one pair will suit another.
Exact input names and defaults can differ, so open the Inputs tab after attaching the EA and read each field before trading. The areas below are the ones to review first.
| Area | What it controls | What to check |
|---|---|---|
| Risk model | How lot size is calculated | Start with Fixed and a small size |
| Stop-loss | Distance of the protective stop | The developer suggests 50 points; confirm it suits your symbol and broker |
| Symbol and timeframe inputs | Behaviour of the entry logic | Change one input at a time and record the effect |
A raw-spread account with low commission and minimal slippage is strongly advised. The developer states a minimum balance of 50 USD, but check margin requirements, contract size and your broker's minimum lot with a demo account before relying on that figure.
Trading leveraged products carries a high level of risk and you can lose more than you expect. Past results, including back-tests, do not predict future results. Test the EA on a demo account with your own broker for an extended period before using real money, and only trade with funds you can afford to lose.
Run it on a demo account first, watch how it handles spreads and execution at different times of day, and only then decide whether to adjust settings further.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor, .ex5) |
| Strategy focus | Scalping |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, automated trading |
| Trade style | Price-action scalping |
| Suggested symbols | USDJPY, GBPUSD, EURUSD; other symbols can be tested |
| Suggested timeframe | H1 for the default inputs; others can be tested |
| Risk models | Fixed, Growth, Aggressive, Brutal |
| Stop-loss guidance | 50 points suggested by the developer |
| Broker requirement | Raw-spread account, low commission, minimal slippage |
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No. This listing is for MetaTrader 5 only. An MT5 expert advisor cannot be loaded into MetaTrader 4, so check that your broker offers an MT5 account before buying.
The developer states that a raw-spread account with low commission and minimal slippage is a must, because scalping entries are sensitive to trading costs. Compare the total cost per trade at several brokers and test on a demo account first.
The developer mentions a minimum balance of 50 USD. Treat that as a lower bound only. Contract sizes, leverage and the risk model you pick all affect what is sensible, so check the margin needs with your broker on a demo account.
Yes. The default inputs are aimed at USDJPY, GBPUSD and EURUSD on H1, but the inputs can be changed. Use the Strategy Tester and a demo account to see how any change behaves with your broker's data, and keep in mind that test results do not predict live trading.
Copy the expert advisor file into the MQL5/Experts folder through File, Open Data Folder in MetaTrader 5. Refresh the Navigator or restart the terminal, drag the EA onto a chart and make sure Algo Trading is switched on.
Scalper One MT5
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