IntraScalper EA V1.0 MT5

<h3>Overview</h3>

IntraScalper EA V1.0 MT5 is a professionally designed intraday Expert Advisor built for the MetaTrader 5 (MT5) platform. The EA focuses on level-based trading, where price reacts around predefined intraday levels calculated at the start of each trading day. These levels act as decision zones for trade entries, helping the EA capture precise intraday movements in both range-bound (sideways) and trending market conditions.

At the beginning of every new trading day, the EA performs a fresh market calculation to identify key support and resistance-style levels. Once calculated, these levels remain valid throughout the trading day, allowing the EA to operate with structured logic rather than random entries. IntraScalper EA V1.0 uses a fixed Stop Loss mechanism and activates only the primary decision level to ensure clean, disciplined entries and reduced over-trading.

This version is intentionally simplified and stable, providing traders with a solid base strategy. Traders can further enhance performance by aligning Stop Loss size, execution timing, and session selection with current market volatility and behavior.

<h3>Key Features</h3>

<ul>

<li>Level-Based Intraday Strategy: Trades are executed around predefined daily levels calculated at market open.</li>

<li>Fresh Daily Market Calculation: Key levels are recalculated every trading day to adapt to current market conditions.</li>

<li>Primary Level Entry Logic: Uses only the main decision level to maintain accuracy and avoid signal noise.</li>

<li>Fixed Stop Loss System: Ensures controlled risk on every trade and consistent execution behavior.</li>

<li>Intraday Trading Focus: Designed to open and close trades within the same trading day.</li>

<li>Works in Range & Trend Markets: Performs well during both sideways consolidation and controlled trending phases.</li>

<li>Clean & Lightweight Code: Optimized for stability, low resource usage, and VPS compatibility.</li>

<li>Manual Optimization Friendly: Traders can fine-tune Stop Loss, lot size, and trading sessions for better alignment with market conditions.</li>

</ul>

<h3>Recommended Settings</h3>

<ul>

<li>Platform: MetaTrader 5 (MT5)</li>

<li>Preferred Symbol: XAUUSD (Gold)</li>

<li>Timeframe: M5 (5-Minute Chart)</li>

<li>Lot Size: 0.01 – 0.05 for small to medium accounts; adjust according to account balance</li>

<li>Risk Level: Medium (intraday gold volatility requires controlled exposure)</li>

<li>Stop Loss: Fixed SL — adjust based on average session volatility</li>

<li>Take Profit: Level-based exit or fixed intraday target</li>

<li>Max Spread: Keep spread low (preferably under 3 pips for gold)</li>

<li>Broker Type: ECN/STP with fast execution</li>

<li>Trading Sessions: Best during London and New York sessions</li>

<li>VPS: Recommended for stable execution and low latency</li>

</ul>

<h3>Advantages</h3>

<ul>

<li>Highly Structured Trading Logic: Uses clear daily levels instead of random indicator signals.</li>

<li>Reduced Over-Trading: Single primary decision level limits unnecessary trades.</li>

<li>Consistent Risk Control: Fixed Stop Loss applied to every trade.</li>

<li>Intraday Exposure Only: No overnight risk — trades are managed within the same day.</li>

<li>Beginner-Friendly Concept: Easy to understand and monitor even for new traders.</li>

<li>Optimized for Gold Scalping: Specifically aligned with XAUUSD’s intraday behavior.</li>

</ul>

<h3>Disadvantages</h3>

<ul>

<li>Limited Trade Frequency: Using only one primary level may result in fewer daily trades.</li>

<li>Performance Depends on Market Conditions: Quiet or extremely volatile days may reduce effectiveness.</li>

<li>Requires Manual Optimization: SL size and session timing must be adjusted to match market volatility.</li>

<li>Not Designed for Long-Term Trading: Strictly intraday — not suitable for swing or position traders.</li>

<li>Spread Sensitive: Wide spreads can reduce entry precision, especially on gold.</li>

</ul>

<h3>Support & Disclaimer</h3>

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp:<a href="https://wa.me/+443300272265"> https://wa.me/+443300272265</a>

Telegram Group:<a href="https://t.me/yoforexrobot"> https://t.me/yoforexrobot</a>

Disclaimer: Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.

IntraScalper EA V1.0 MT5

Description