What is RoyalPrince Scalper MT5?
RoyalPrince Scalper EA is an automated trading Expert Advisor (EA), designed for the Metatrade 5 (MT5) platform and optimized for USDJPY trading. The advisor integrates Scalper trading features and advanced integration for time filters and news filters. making it easy to analyze and make quick and effective trading decisions on M5 and M15 timeframes.
🔶 Vendor website: Click here
About the author
This product is compiled by Richard Louis Pastor. This author has more than +4 years of experience working on MQL5 with many famous products such as RoyalPrince Scalper MT5, RoyalPrince Scalper MT4, RoyalPrince Donchian EA MT5 and others. Among them, RoyalPrince Scalper MT5 is his best performing product.
Key Features of RoyalPrince Scalper MT5
🔹 Advanced settings for time filter and news filter: Allows you to customize the robot to work in specific time periods and market conditions, increasing profitability and minimizing risk.
🔹 Capital management: These features will help you control risk and protect your account balance from unexpected market fluctuations.
🔹 Works best on M5-M15 timeframes: This timeframe is suitable for Scalping strategy, allowing for multiple small trades during the day.
🔹 Default settings optimized for USDJPY: The robot has been tested and fine-tuned to work best with the USDJPY currency pair, providing a solid starting point.
Additional features
🔹 Custom lot: Helps control risk per trade and maintain a consistent position size.
🔹 Risk per trade: Allows you to set a maximum risk per trade, helping to protect your account.
🔹 System compatibility: Optimized for low spread and low slippage pairs, the robot works best when trading highly liquid currency pairs, minimizing trading costs and increasing profits.
RoyalPrince Scalper MT5 Review
1. RoyalPrince Scalper MT5 Signal Results:
The RoyalPrince Scalper MT5 achieved impressive profit performance when trading with USDJPY pair. Trading results on real account for 18 consecutive weeks of trading:
✅ Initial Deposit: $100
✅ Growth Rate: +72%
✅ Win Rate (% of total): 87.6%
✅ Maximum Drawdown: 33.7%
2. RoyalPrince Scalper MT5 Backtests:
RoyalPrince Scalper MT5 has achieved impressive profit performance over many years of trading reversion tests with USDJPY. This EA demonstrates excellent ability to master the market and increase profits.
✅ Initial Deposit: $1,000
✅ Total Net Profit: $16,739.70
✅ Win Rate (% of total): 80%
✅ Maximum Drawdown: 3.29%
Is RoyalPrince Scalper MT5 safe?
RoyalPrince Scalper MT5 shows significant potential in providing stable and reliable profits, making it a reliable tool in the forex market. The advisor is highly appreciated by the MQL5 community in many aspects and has won the trust of users.
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
✅ Experts: RoyalPrince Scalper EA v1.0_fix.ex5
Conclusion
In short, RoyalPrince Scalper EA delivers a professional MT5 trading system focused on precise USDJPY scalping. Its flexible lot management, built-in news filters, and optimized settings for low-spread environments help traders manage risk while capturing intraday opportunities. Suitable for both beginners and experienced traders, it provides consistent and efficient automated trading performance.
