🤖 Alpha Scalper Pro EA MT5: Master of High-Frequency Scalping

The Alpha Scalper Pro EA is a fully automated trading robot designed for high-frequency scalping strategies. This in-depth analysis of its configuration settings will help you understand its trading logic, risk management, and expected behavior.

⚙️ Core Trading Parameters

📈 Risk and Martingale Strategy

• Custom Martingale Progression: The lot size increases after losses in controlled increments (1.0 / 1.0 / 1.1 / 1.1 / 1.2 / 1.2 / 1.4 / …).
• Pip Step: A spacing of 8.0 pips between Martingale trades, which increases the frequency of grid trades.
• Trailing Stop Loss: This feature is currently disabled but configured for potential future use (Start: 8.0, Stop: 1.0).

🔎 Signal Filtering and RSI Logic

• Filter Signal: Set to `true`, ensuring only higher probability entries are taken.
• RSI Period: A classic period of `14` for identifying overbought/oversold levels.
• RSI Buy Level: An aggressive buy signal at `10`, entering only when RSI is extremely low (oversold).
• RSI Sell Level: An aggressive sell signal at `90`, entering only when RSI is extremely high (overbought).
• Price Type: `Close price`, ensuring RSI is calculated based on more reliable candle closing values.

🔢 Other Technical Settings

• Magic Number: `180388` – Used to uniquely identify trades made by this EA.
• Allow Display: `true` – Likely shows real-time metrics or trade status on the chart.
• Trade Comment: `Alpha Scalper pro` – Label used in MT4/MT5 trade history for tracking.

⚠️ Important Notes & Warnings

• No Stop Loss (SL = 0): This is a highly risky configuration unless the EA has a robust internal equity protection or a global stop-out function.
• Martingale Enabled: While potentially profitable, Martingale strategies significantly increase risk during prolonged trending or volatile market conditions.

✅ Final Verdict: Is Alpha Scalper Pro EA a Reliable Trading Bot?

The Alpha Scalper Pro EA is built for aggressive scalping and Martingale recovery strategies. Its dual-direction trading, signal filtering with RSI, and controlled lot scaling make it potentially profitable in sideways or ranging markets. However, due to the lack of a hard stop loss and the use of Martingale, it carries significant risk in strong trending markets. It is best suited for traders who understand and are comfortable with a higher-risk, high-reward strategy.

Ready for Aggressive Scalping?

⚠️ Risk Disclaimer: Trading in financial markets carries a high level of risk, and losses can exceed your initial deposit. The use of an EA does not guarantee profits. Past performance is not an indicator of future results.