RoyalPrince MT5 Scalper EA
An automated MT5 scalper that keeps one position at a time, uses SL/TP and filters market conditions; defaults to EURUSD on H1.
RoyalPrince MT5 Scalper EA is an automated advisor that finds short-term setups using moving-average signals and volatility filters. The package here is the MT5 build that defaults to EURUSD on the H1 chart. The EA opens at most one position at a time and typically places only a few trades per week.
Every trade uses a stop loss and a take profit, and the EA avoids martingale and grid methods. You can use fixed lot sizing or let the EA size positions by a percentage risk. Run the EA 24/7 on a low-latency VPS and use a low-spread account for stable behaviour.
Demo first and VPS suggested. Run the EA on demo for at least one to four weeks before risking real money, and use a reliable VPS plus a low-spread account so demo behaviour resembles live conditions.
Caractéristiques
- Tool type
- Fully automated scalper Expert Advisor
- Platform
- MetaTrader 5
- Strategy
- Moving-average, multi-timeframe scalping with trend and volatility filters
- Recommended pairs
- EURUSD (defaults to EURUSD H1)
- Recommended timeframe
- H1
- Trades at a time
- One position only; typically 2 to 5 trades per week
- Risk management
- Stop loss and take profit on every trade; no martingale, no grid
- Position sizing
- Fixed lot or auto lot by risk percent
- Original list price
- $97
- At AutoFXRebate
- Free MT5 download, PDF install guide and Telegram support
How the EA chooses trades
The entry logic compares price to one or two moving averages and considers the averages' angle and how far price has moved from them. It checks conditions across multiple timeframes so signals align with the broader trend before opening a position.
Low frequency, controlled risk
Despite the scalper label, the EA looks for selective setups rather than frequent entries. It keeps only one trade open at a time and can be quiet for days. Time and news filters plus equity and margin protections keep it out of thin or volatile markets.
What to weigh before you run it
The EA can run on a small account, but your capital needs depend on stop sizes and lot settings. Use a demo to measure trade frequency, worst drawdown and typical stop-to-target distances on your broker before choosing live lot sizes.
Fonctionnalités
- One trade at a time to limit exposure
- Stop loss and take profit set for every position
- Fixed lot or risk-percent auto lot sizing
- Time filter and news filter to avoid poor conditions
- Equity and margin protection logic
- Designed to run continuously on a VPS
Performances
Results are not independently verified; test on a demo account first. Run the EA on demo for several weeks, record the deepest drawdown and the number of trades per week on the pairs you plan to run, and use those figures to choose lot sizing and whether to move to live. Measure how spreads and slippage on your chosen broker affect entry and exit prices.
Avantages
- Conservative trade model: one position at a time with SL/TP
- No martingale or grid, which lowers blow-up risk
- Time and news filters help avoid fragile market windows
- Free MT5 build at AutoFXRebate with PDF install guide and Telegram support
Inconvénients
- Low trade frequency means longer waits to evaluate performance
- Performance depends on broker spreads and VPS quality
- No automatic update delivery via AutoFXRebate
Installation
- Download and unzip the RoyalPrince Scalper EA MT5 package and place the Expert into MQL5/Experts
- Open the included PDF (How to install MT5 files.pdf) for the install steps
- Restart MetaTrader 5 so the Expert appears in the Navigator and enable Algo Trading (AutoTrading)
- Open EURUSD on H1, attach the RoyalPrince_Scalper expert and start with the default inputs and a small fixed lot or low risk percent
- Run on a demo account for one to four weeks and log trade frequency, stop sizes and maximum drawdown
- If you go live, use a low-spread ECN account and a reliable VPS; consider opening the account through AutoFXRebate to receive backcom on every lot
Verdict
RoyalPrince MT5 Scalper EA fits traders who want a selective scalping approach with defined stop loss and take profit on every trade and who accept lower trade frequency. The EA's time and news filters and one-trade rule make its behaviour easier to follow.
Start on demo with the default EURUSD H1 settings in this free MT5 build, follow the setup checklist above, and move to live only when your demo drawdown and trade cadence match your risk plan. Download the package free from AutoFXRebate and message the Telegram group if you need installation help.
Avertissement sur les risques
Le trading du forex et des CFD comporte des risques importants et peut ne pas convenir à tous les investisseurs. Les indicateurs, EA et outils de trading ne garantissent aucun profit. Appliquez toujours une gestion du risque appropriée. AutoFXRebate n'a pas conçu ces outils et ne cautionne aucun des résultats qu'ils revendiquent ; testez-les sur un compte démo avant de risquer de l'argent.
Obtenez RoyalPrince MT5 Scalper EA gratuitement
Le fichier se trouve sur notre canal Telegram, avec le guide d'installation. Aucun formulaire à remplir.
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