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Trend Stream Scalper is an MT5 expert advisor that trades in the direction of the trend using trend line breakouts, Alligator and Gator readings, and optional Stochastic, ADX and moving average filters. It places a stop loss and take profit on every trade.
Get one message the moment it launches, with its price.
Trend Stream Scalper is an expert advisor for MetaTrader 5 that looks for entries in the direction of the prevailing trend. It combines trend line breakouts with Alligator and Gator readings, adds optional Stochastic, ADX and moving average filters, and can draw the trend lines it is working from directly on the chart.
The EA scans a chosen number of recent bars, finds swing highs and lows, and builds trend lines from them. A breakout of one of those lines counts as a signal. Several signals can be added together, and you decide how strong the combined signal must be before a trade is opened.
Each trade is sent with a stop loss and a take profit. A parabolic trailing stop can be switched on, and the EA can close an open trade in the opposite direction before it enters a new one.
The tool is intended for forex symbols on timeframes from M5 to H1. Different symbols behave differently, so the inputs should be optimised for each pair and timeframe rather than copied from one chart to another.
The inputs fall into a few groups. Exact defaults depend on the version you install, so check the input tab after attaching the EA.
| Group | Inputs | Purpose |
|---|---|---|
| Position size | Lots, Percentage of free money | Fixed lot, or a lot based on a share of free funds when Lots is 0 |
| Execution | MaxSpread, Slippage, Magic, OrdersFilling | Spread limit, price deviation, trade identifier and filling mode |
| Exits | StopLoss, TakeProfit, StopToParabolicStep | Fixed exits and optional trailing; enter values as on a 4-digit quote |
| Trade control | CloseDealsBeforeOpen, OpenOrdersDelayBars | Reversal handling and waiting time between trades |
| Alligator and Gator | GatorPeriod1 to 3, CenterLineEnable, StrongAlliatorSignal | Trend detection settings |
| Trend lines | HistorySearch, Distance, Shift, DrawLines, CountLinesForSignal, MinSignalPower | How lines are found, drawn and combined |
| Filters | FilterMAPeriod, StochasticLevels, StochasticPeriod, StochasticSlowing, AdxPeriod, MinAdxLevel | Optional confirmation of signals |
| Schedule and display | Trading start hour, Trading end hour, DealsCommentary, EnableInfo | Active hours, trade comment and on-chart information |
Trading carries risk, and you can lose some or all of your deposit. Past results, including any seen in a backtest, do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
Use the Strategy Tester to check how a given set of inputs behaves, keep position sizes modest, and be aware that spreads and execution quality differ from broker to broker.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Scalping, Trend |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Trade style | Trend following, short-term entries |
| Suggested timeframes | M5 to H1 |
| Markets | Forex pairs; settings should be optimised per symbol |
| Signal tools | Trend lines, Alligator, Gator, Stochastic, ADX, moving average |
| Risk controls | Stop loss, take profit, spread limit, optional trailing stop |
| Requirements | Algo trading enabled; check your broker's minimum deposit and lot rules |
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No. This product is built for MetaTrader 5 and will not run on MT4. Make sure your broker account is an MT5 account before you buy.
The tool is designed for timeframes from M5 to H1. Because it has many inputs, test and optimise the settings for each symbol and timeframe in the Strategy Tester before using it on a live account.
Copy the expert advisor file into the Experts folder via File, Open Data Folder, MQL5, Experts in MT5. Restart the terminal or refresh the Navigator, drag the EA onto a chart and make sure Algo Trading is switched on.
Check that Algo Trading is enabled, that the current spread is below the MaxSpread input, and that the time is inside your trading hours. If orders are rejected for filling reasons, try a different value in the OrdersFilling input.
Yes, but give each instance a different Magic number so the trades from one chart are not confused with those from another.
No specific broker is stated. Lot size, leverage and spread vary between brokers, so check your broker's conditions and test on a demo account first.
Trend Stream Scalper MT5
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