The Royal Prince Scalper EA MT5 is a specialized Expert Advisor designed for traders seeking to profit from short-term price movements in the Forex market. Built for precision scalping, it operates on smaller timeframes to capture quick gains while enforcing strict risk management. Suitable for both novice and experienced traders, this EA offers reliable execution, advanced trading logic, and customizable settings on MetaTrader 5. You can download the Royal Prince Scalper EA MT5 for free at IndicatorForest.com.
Currency Pairs: EURUSD
Timeframes: H1
Minimum Deposit: $200 (micro accounts), $500+ recommended for better risk allocation
Leverage: 1:100 or higher for optimal flexibility
Account Type: ECN accounts preferred for low spreads and faster execution
The EA includes several advanced features to optimize short-term trading:
Customizable Risk-per-Trade Settings – Adjust trade sizes according to account balance and risk appetite.
Automatic Spread Filters – Avoid bad entries during high spreads or low liquidity.
Trailing Stop Function – Locks in profits while allowing winners to run.
Protection Against Slippage and Volatility – Ensures stability during fast market moves.
Session-Based Trading – Activate trades only during high-volatility sessions like London or New York.
These features ensure consistent performance and reduce exposure to common scalping risks.
The Royal Prince Scalper EA MT5 relies on a momentum-based scalping strategy:
Identifies short-term supply and demand imbalances.
Executes trades at precise levels where reversals or continuations are likely.
Uses tight stop-losses to minimize losses.
Aims for frequent, small profits using technical filters and volatility control.
The EA adapts to both trending and ranging markets, making it versatile for intraday trading.
The trading signals generated by the EA are based on a combination of:
Price action
Micro-trends
Momentum confirmation
Buy signals: Trigger when bullish momentum aligns with entry filters.
Sell signals: Trigger during bearish continuation patterns.
Each position is protected by stop-loss and take-profit levels, while trailing stops extend profitable trades. On shorter charts like M1 and M5, the EA provides multiple active trading opportunities per session.
Precision Scalping – Captures quick gains with tight risk control.
Customizable Parameters – Adaptable to different account sizes and trading styles.
Reliable Execution – Works seamlessly on MetaTrader 5 with minimal slippage.
Versatile Across Market Conditions – Effective in trending and ranging environments.
Session Optimization – Focus trading during high-liquidity market hours.
The Royal Prince Scalper EA MT5 is an excellent choice for traders who want to capitalize on fast-paced intraday movements. Its combination of advanced risk management, precision entry logic, and trailing stop functionality makes it a reliable tool for both novice and experienced Forex traders. By following the recommended settings and strategies, traders can achieve consistent gains and enhance their short-term trading performance. Download the Royal Prince Scalper EA MT5 today at IndicatorForest.com and elevate your scalping strategy.
Published:
Nov 15, 2025 01:05 AM
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