First Scalper MT5 v1.8 (Original version) – GroupBuy

First Scalper MT5 – The Ultimate Automated Scalping Expert Advisor (EA)

First Scalper MT5 is an advanced Expert Advisor (EA) designed for high-precision scalping, utilizing a unique and secure trading strategy developed by the author. Unlike traditional scalping EAs, First Scalper comes pre-loaded with extensively tested and optimized settings, ensuring simplicity and effectiveness for traders of all levels.

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About the author

This product is compiled by Kyra Nickaline Watson-gordon. This author has more than +4 years of experience working on MQL5 with many famous products such as First Scalper MT5, Fidelity MT5 and other advisors. Among them, First Scalper MT5 is his best performing product.

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First Scalper MT5 Overview

First Scalper MT5 Features

1. Main Features:

• Simplified Scalping: First Scalper is an expert advisor designed for scalping, utilizing a unique and safe strategy. It simplifies scalping by automating the process and requiring minimal user input.
• Universal Compatibility: Trades on all symbols and timeframes, offering flexibility for various trading styles.
• User-Friendly Interface: Easy-to-understand settings, eliminating the need for professional Forex trading knowledge. Focuses on money management parameters, making setup quick and straightforward.
• Automated Money Management: Offers flexible volume calculation methods (fixed lots, dynamic lots, risk percentage) and customizable stop-loss and take-profit levels.
• Advanced Position Management: Includes features like trailing stop, break-even, and averaging to optimize trade outcomes.

2. Additional Features:

• Customizable Trade Settings: Control trade types (long/short/both), maximum spread, and magic number.
• Manual Close Option: The on-chart panel allows for manual closing of positions.
• Averaging Options: Utilizes one or two-step averaging with customizable distances and volume multipliers for recovering from losing positions.
• Day and Time Filters: Restrict trading to specific days and hours.
• Easy Optimization: Simple optimization process focusing on money management parameters. Recommended settings provided for quick setup. Optimization is fast and efficient.

Why choose to use First Scalper MT5?

• Safety: Designed with safety in mind, employing a unique scalping strategy and offering risk management tools like stop-loss and news filtering.
• Simplicity: Intuitive interface and limited input requirements make it easy to use, even for beginners. No complex trading knowledge is necessary.
• Efficiency: Automates the scalping process, saving traders time and effort. Fast and easy optimization.
• Flexibility: Trades on all symbols and timeframes, catering to different trading preferences.
• Customization: Offers various settings for money management, position management, and trade filtering, allowing traders to personalize their strategy.
• Profitability Potential: While results may vary, the EA’s design and optimization capabilities aim to maximize profit potential.

First Scalper MT5 Review

First Scalper is designed to work on any currency pair and timeframe, using a unique and effective strategy developed specifically for it. First Scalper has achieved impressive profit performance in backtested test trades.

First Scalper EA is a high-performance scalping Expert Advisor optimized for AUDJPY on the M30 timeframe (Initial deposit: $10,000). Key Performance Metrics:

✅ Total Gain: 5,200% in 12 months
✅ Total Net Profit: $519K
✅ Win Rate: 85.97%
✅ Maximum Drawdown: 51.43%

First Scalper MT5 Backtests

First Scalper EA is a high-frequency trading bot optimized for EURUSD on the M5 timeframe (Initial deposit: $10,000). Key performance metrics:

✅ Total Gain: 40,340% in 12 months
✅ Total Net Profit: $4M
✅ Win Rate: 93.18%
✅ Maximum Drawdown: 58.53%

First Scalper MT5 Backtest

First Scalper EA is a high-frequency trading bot designed for EURUSD on the M15 timeframe (Initial deposit: $10,000). Key performance metrics:

✅ Total Gain: 1,500% in 6 months
✅ Total Net Profit: $150K
✅ Win Rate: 93.98%
✅ Maximum Drawdown: 53.37%

First Scalper EA MT5 Backtests

First Scalper EA is an automated trading algorithm specializing in scalping AUDNZD on the M30 timeframe (Initial deposit: $10,000). Key performance metrics:

✅ Total Gain: 1950% in 12 months
✅ Total Net Profit: $195K
✅ Win Rate: 85.71%
✅ Maximum Drawdown: 37.4%

First Scalper EA MT5 Backtest

User Reviews and Feedback

First Scalper MT5 Bot showcases exceptional potential in generating consistent and reliable profits, positioning itself as a valuable tool in the forex market. Highly acclaimed by the MQL5 community for its performance and stability, this expert advisor has earned the trust of traders worldwide.

• Marcel Bühler (2022.12.30): “Once a year some very long candles and it rips it off as any other EA. With a stop out EA at the same time not many better EA to find for this price.”
• Supercocco (2022.02.25): “2 months and I got good results. it is important to optimize it every month because the market is always changing. But it works for now.”
• Skafolder (2021.06.18): “At the moment it’s the only real EA that hasn’t cleared my account. This is already a huge success. All the EAs I tried, ended up the same way: account cleared after a few trades. So it works fine for me. Tks to developer.”

Trading Specifications

Recommended settings and parameters to pay attention to from developers and experts:

>>> Reviewed by David Easton

Product Download Package?

The download package of the product suite includes:

• Experts: First Scalper MT5 v1.8.ex5
• Setting Guide.pdf

Conclusion

First Scalper MT5 stands out as a cutting-edge Expert Advisor designed for precision scalping, offering traders an automated and secure trading solution. With its advanced features, including universal compatibility, automated money management, and customizable trade settings, this EA provides traders of all levels with a reliable and efficient tool to maximize profitability.

Backed by extensive backtesting and positive user reviews, First Scalper MT5 has demonstrated exceptional performance across multiple currency pairs and timeframes. Whether you’re a beginner looking for an easy-to-use EA or an experienced trader seeking a high-performance scalping strategy, First Scalper MT5 delivers flexibility, efficiency, and profitability.

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