Scalpers Way
- Experts
- Aristeidis Gitas
- Version: 1.0
- Activations: 15
Scalper’s Way is an advanced scalping Expert Advisor (EA) designed specifically for the EUR/GBP pair on the M5 timeframe. This fully automated system utilizes RSI, Moving Averages, and Support/Resistance levels to identify optimal trade entries and exits.
Important Information
💡 After purchasing, contact me for a special bonus EA and indicator!
bonus EA : EuroPound Scalper
bonus indicator : RSI with Bollinger Bands
Check more HERE
📂 The set file will be available in the comments.
With a built-in Recovery Mode, it manages positions dynamically to minimize drawdowns and maximize profitability. The EA has been rigorously backtested over the last 10 years, ensuring consistent results across various market conditions.
✅ Minimum deposit: $1000
✅ Compatible with all account types & leverage levels
✅ Optimized for EUR/GBP 5M timeframe
Trading Strategy
Scalper's Way operates based on a combination of multiple technical indicators and smart trade management techniques:
1️⃣ RSI Strategy
- Uses RSI (Relative Strength Index) to detect overbought and oversold conditions.
2️⃣ Support & Resistance Levels Calculation
- Dynamically identifies key support and resistance zones based on recent price action.
- Ensures that trades are placed at high-probability reversal areas.
3️⃣ Moving Average Trend Confirmation
- A 50-period SMA (Simple Moving Average) acts as a trend filter to confirm entry direction.
4️⃣ Recovery Mode for Position Management
- Instead of a traditional grid strategy, Scalper’s Way uses Recovery Mode to adjust position sizes dynamically.
- If a trade goes into drawdown, the EA places strategic recovery trades at pre-defined distances, using a controlled lot multiplier to help recover losses faster.
5️⃣ Dynamic Take Profit & Stop Loss
- Trades are protected with Take Profit (TP) and Stop Loss (SL) settings.
- The EA closes all positions when the total profit target is reached, ensuring capital protection and risk management.
Input Parameters
Trading Session Settings
- start_Time / stop_Time → Defines active trading hours to avoid volatile sessions.
Balance & Lot Sizing
- maxLotSize → Maximum allowable lot size per trade.
- lotMultiplier → Adjusts lot sizes for recovery trades.
- baseLotSize → Initial lot size for the first trade.
- stepAmount → Defines lot scaling based on account balance.
Take Profit & Stop Loss Configuration
- TakeProfitPoints → Fixed Take Profit level in points.
- StopLossPoints → Fixed Stop Loss level in points.
- targetProfitPercentage → Closes all trades when profit reaches a specific percentage of balance.
- targetProfitUSD → Closes all trades when total profit reaches a fixed USD amount.
Recovery Mode Settings
- extraPositionPointsDistance → Defines distance for recovery trades.
Support & Resistance Levels
- bigSpDm , bigSpDmShift → Large timeframe support/resistance detection.
- smallSpDm , smallDmShift → Small timeframe demand level adjustments.
- pieces → Number of calculated levels for precise trade placement.
Trade Execution & Risk Management
- magicnumber → Unique identifier for EA trades.
- CheckAndClosePositions() → Ensures profit-taking at the right time.
Performance & Testing
Scalper’s Way has been rigorously backtested over 10 years of historical data, proving its effectiveness across different market conditions:
✅ Trending & ranging markets
✅ High & low volatility periods
✅ Major economic events
With its adaptive trading approach, this EA ensures consistent performance with optimal risk management.
Why Choose Scalper’s Way?
✔️ Proven Scalping Strategy – Uses RSI, Moving Averages, and Support/Resistance for accurate trades.
✔️ Smart Recovery Mode – Recovers losses strategically without risky grid trading.
✔️ Tested Over 10 Years – Reliable performance across different market cycles.
✔️ Works on All Account Types & Leverage Levels – No restrictions on brokers or trading conditions.
✔️ Fully Automated – Hands-free trading with built-in risk management.
✔️ Customizable Inputs – Adjust settings to match your trading style.