Lightning Scalper EA v1.0 MT5 is a breakout Expert Advisor designed for fast entries, controlled risk, and simple setup. It works by placing virtual pending levels above and below the current price, then executing a market order when the level is touched.

The Power of a Pending Order Strategy

A defining feature of a sophisticated scalping EA, like our conceptual “Lightning Scalper,” is its reliance on pending orders. Unlike market orders, which execute at the current price, pending orders allow a trader to set a predetermined price at which a trade will be opened. This seemingly simple distinction is a game-changer for scalping BTCUSD.

There are two primary types of pending orders:

• Limit Orders: A Buy Limit order is placed below the current market price, and a Sell Limit order is placed above. These are used to enter the market on a retracement, buying on a dip or selling on a rally, with the expectation that the price will reverse.
• Stop Orders: A Buy Stop order is placed above the current market price, and a Sell Stop order is placed below. These are used to enter the market on a breakout, buying as the price surges past a resistance level or selling as it breaks below a support level.

By utilizing pending orders, a scalping EA can:

• Eliminate Slippage: Slippage, the difference between the expected and actual execution price, is a major concern in volatile markets. Pending orders, particularly limit orders, can significantly mitigate this risk by ensuring entry at the desired price or better.
• Enhance Precision: Trades are executed with surgical accuracy at predefined levels, removing the element of human hesitation or a frantic click of the mouse.
• Enable a Proactive Approach: Instead of reactively chasing price movements, the EA can strategically place orders at key levels of support, resistance, or anticipated breakouts, effectively setting traps for profitable price action.
• Reduce Emotional Trading: With a predefined plan executed automatically, the emotional rollercoaster of fear and greed that often plagues manual scalping is largely neutralized.

Key Features

• Breakout Engine: Executes BUY/SELL when the price crosses the PO Distance.
• Auto Lot (MM): Optional automatic lot sizing based on account balance.
• Spread Filter: Blocks entries if spread exceeds MaxSpread.
• Trailing System: Dynamic trailing stop with adjustable start and step.
• Time Filter: Trade only within your preferred sessions.
• Magic Number & Comment: Safe for multi-symbol and multi-chart trading.

Recommended Use

• Timeframe: M1–M5 (scalping).
• Symbols: Major FX pairs, XAUUSD.
• Brokers: ECN/low spread accounts with fast execution.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

Important information!

For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)

Install a trading advisor on a VPS

Real Account Profit Recorded every Friday (end of the trading week).

What’s in the package?

Experts:

• Lightning Scalper EA v1.0 MT5.ex5

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

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