ScalpEA v2 preview

ScalpEA v2 preview

Hi, I would like to show you limited version of my EA which I am selling here in full version with a lot more functions than this one.
But this system might have less features but is still working well, again, try it on demo first!
Difference between full and preview is almost only in machine learning part.

How does it work?:

1. EA waits until there are 3 candles (H1) after each other and between (candle 1 top wick) and (candle 3 bottom wick) is gap
2. After that EA places pending order below candle 3 bottom wick and waits if market returns to the gap.
3. Thats all it does.

Some additonal info about full version and configs here
Channel where to discuss and share your ideas

Graph at the screensots is from backtest with default settings on XAUUSD.
Backtest it and test it on demo first, this version does not have all the protection that full version does. Simply test it first, no profit is guaranteed!
FYI, I am using full version on VT Markets, Vantage and Purple trading.
Also make sure to enable Algoritmic trading in your Metatrader settings or it will not weork! (Tools - Options - Expert advisors)

You can find full ScalpEA v2 here: https://www.mql5.com/en/market/product/167553

AI generated description:

ScalpEA V2 Preview — FVG Scalping Expert Advisor

This EA automatically detects Fair Value Gaps (FVG) on the selected timeframe and places pending orders at the gap edges. It is designed for scalping with precise entry filtering.

Basic Settings

• Choose whether to allow BUY trades, SELL trades, or both independently
• Set a unique magic number to distinguish EA orders from manual trades
• Assign a custom config name displayed on the dashboard
• Select the timeframe used for FVG detection

Money Management

• Fixed lot size for all trades

FVG Detection

• Set the maximum number of pending orders allowed per side (BUY/SELL)
• Enable or disable third candle confirmation — the third candle of the FVG pattern must match the expected direction
• Enable or disable All Three Candles Confirmation - Needs all three candles in the samo color to place pending. Adds another level of protection. (In screenshots you see how it works on baccktests with and without this function.)

Take Profit & Stop Loss

• Fixed Take Profit distance in points
• Stop Loss distance in points

SELL Trade Settings

• Optionally use separate TP, SL and risk settings specifically for SELL trades
• Override the maximum number of pending SELL orders independently

SELL FVG Filters

• Require a larger gap size for SELL FVGs compared to BUY FVGs, controlled by a multiplier
• Set an absolute maximum gap size for SELL FVGs to avoid trading exhaustion moves
• Optionally set a fixed minimum gap size for SELL FVGs

Safety Limits

• Maximum allowed spread in points — no new orders are placed above this value

Visual Settings

• Show or hide FVG zones as colored rectangles directly on the chart
• Customize bull and bear zone colors separately
• Adjust zone transparency
• Limit the number of rectangles displayed
• Choose whether to show only currently tradeable zones or all detected zones
• Optionally display gap size labels inside each zone rectangle

Debug & Testing

• Enable detailed journal logging for troubleshooting