🔢 Bitcoin Scalping MT5 – Complete Settings & Parameters Guide
Bitcoin Scalping MT5 is an automated cryptocurrency trading Expert Advisor designed for MetaTrader 5. The EA focuses on short-term Bitcoin trading opportunities using a multi-target profit system, automatic lot sizing, break-even management, time filtering and prop-firm-friendly risk controls.
With flexible risk management and trade scaling capabilities, Bitcoin Scalping MT5 can be adapted to both retail and funded trading accounts.

🔢 Bitcoin Scalping MT5 Settings Explained
🔶 Trade Settings (Important)
🔹 Comment trade = BTC-ALGO-TRADING — Adds the comment "BTC-ALGO-TRADING" to every trade opened by the EA.
🔹 Magic number = 20241115 — Unique identifier used by the EA to manage and distinguish its own positions.
🔹 Auto Scale Volume = true — Automatically adjusts trading volume according to account size and risk settings.
🔹 Setting SL By Momentum Yesterday, Default SL = 1.3 Original SL = 1.3 — Uses a momentum-based stop loss calculation with a multiplier of 1.3 applied to the original stop loss.
🔹 Setting TP Trade1 = 0.2222 — Take Profit target multiplier for the first trade level is 0.2222.
🔹 Setting TP Trade2 = 0.2857 — Take Profit target multiplier for the second trade level is 0.2857.
🔹 Setting TP Trade3 = 0.3333 — Take Profit target multiplier for the third trade level is 0.3333.
🔹 Enable trade 1 = true — Enables the first trade layer or entry level.
🔹 Enable trade 2 = false — Disables the second trade layer or entry level.
🔹 Enable trade 3 = false — Disables the third trade layer or entry level.
🔹 Set break even trade 2 = true — Activates break-even protection for Trade 2 when enabled.
🔹 Set break even trade 3 = true — Activates break-even protection for Trade 3 when enabled.
🔹 Close pending orders while positions are running = true — Automatically removes pending orders when active positions are already open.
🔶 Money Settings (Important)
🔹 Risk mode type = AutoLots — Uses automatic lot sizing based on account balance and risk percentage.
🔹 Setting risk % per trade if risk = AutoLots = 1.0 — Risks 1.0% of account balance per trade in AutoLots mode.
🔹 Setting fixed lot size per trade if risk = FixedLotsize = 0.01 — Uses 0.01 lots when FixedLotSize mode is selected.
🔶 Common Settings (Optional)
🔹 Open buy trade (true/false) = true — Buy positions are allowed.
🔹 Open sell trade (true/false) = false — Sell positions are disabled.
🔶 Prop Firm Settings (Optional)
🔹 Check prop drawdown (true/false) = false — Prop firm drawdown monitoring is currently disabled.
🔹 Setting max overall drawdown (8% = 0.08) = 0.08 — Maximum overall drawdown limit is set to 8%.
🔹 Setting max daily drawdown (5% = 0.05) = 0.05 — Maximum daily drawdown limit is set to 5%.
🔶 Time Filter Settings (Default for GMT+0)
🔹 StartHour = 1 — Trading begins at 01:00 GMT.
🔹 StartMinute = 15 — Trading starts at 01:15 GMT.
🔹 FinishHour = 21 — Trading stops at 21:00 GMT.
🔹 FinishMinute = 59 — Trading ends at 21:59 GMT.
🔹 TradeOnMonday = true — Trading is enabled on Monday.
🔹 TradeOnTuesday = true — Trading is enabled on Tuesday.
🔹 TradeOnWednesday = true — Trading is enabled on Wednesday.
🔹 TradeOnThursday = true — Trading is enabled on Thursday.
🔹 TradeOnFriday = true — Trading is enabled on Friday.
🔹 TradeOnSaturday = false — Trading is disabled on Saturday.
🔹 TradeOnSunday = true — Trading is enabled on Sunday.
🔢 Conclusion
Bitcoin Scalping MT5 is a specialized cryptocurrency trading EA designed to capture short-term Bitcoin market movements through automated execution and strict risk management. With AutoLots money management, configurable drawdown protection, multiple Take Profit targets, and built-in break-even functionality, the EA provides traders with a comprehensive framework for managing Bitcoin trades while maintaining disciplined risk control.
🔢 FAQs
❓ What risk percentage does Bitcoin Scalping MT5 use by default?
The EA is configured to risk 1.0% of account balance per trade when AutoLots mode is enabled.
❓ Does Bitcoin Scalping MT5 allow sell trades?
No. In the current setup, Open sell trade = false, meaning only buy trades are permitted.
❓ How many trade levels are enabled by default?
Only Trade 1 is enabled, while Trade 2 and Trade 3 are disabled.
❓ What is the maximum overall drawdown setting?
The EA is configured with a maximum overall drawdown limit of 0.08 (8%).
❓ What trading hours does Bitcoin Scalping MT5 use?
The EA trades from 01:15 GMT to 21:59 GMT, with trading enabled Monday through Friday and Sunday, while Saturday trading is disabled.











