NeoFX Fast Scalper

NeoFX-Fast Scalper EA (MT5)

Intelligent Trend Scalping meets Powerful Grid Recovery

NeoFX-Fast is a high-performance Expert Advisor for MetaTrader 5 designed for traders who want the precision of trend-following entries combined with the resilience of a Martingale recovery system.

Unlike simple “blind” grid systems that open trades randomly, NeoFX-Fast uses a Hybrid Strategy: it hunts for sniper-like entries using Moving Averages and RSI filters. If the market reverses, its smart recovery engine activates to manage the position and close the basket in profit.

🔥 Key Features

1. Smart Trend Entry System

The EA doesn’t guess. It enters the market only when specific technical conditions are met:

• EMA Crossover: Confirms the immediate trend direction (Fast EMA vs. Slow EMA).
• RSI Filter: Prevents buying at the top (Overbought) or selling at the bottom (Oversold).
• Result: Higher accuracy on the first trade, reducing the need for the grid to activate often.

2. Dynamic Recovery Grid (ATR)

When the market moves against a trade, the EA doesn’t just blindly add orders.

• Dynamic Spacing: Uses ATR (Average True Range) to calculate the grid step.
• Volatility Adaption: In calm markets, the grid is tight to scalp small profits. In volatile markets, the grid widens automatically to keep your account safe.

3. Advanced Safety Core

Safety is our #1 priority. This EA is packed with protection features:

📰 High-Impact News Filter: Automatically pauses new baskets 30 minutes before and after major news events (NFP, FOMC, CPI) using the native MT5 Economic Calendar.
🛡️ Max Drawdown Protection: A “hard stop” equity guard. If open trades reach a specific % drawdown (e.g., 5%), the EA closes everything to save your account.
📉 Spread Filter: Prevents trading during expensive spreads (like market rollover).
🛑 Friday Exit: Automatically closes all trades on Friday night to avoid dangerous weekend gaps.

4. Flexible Money Management

• Auto-Lot System: Automatically calculates lot size based on your account balance and risk tolerance.
• Martingale Multiplier: Fully customizable multiplier (e.g., 1.5x) to recover losses quickly with a small market pullback.

⚙️ How It Works ( The Logic)

1. Phase 1: The Scalp The EA scans the M5 or M15 chart. When the Trend is aligned (EMA) and Momentum is healthy (RSI), it opens the First Trade.
2. Phase 2: The Profit If the trade goes in your favor, it secures profit using a Dynamic Trailing Stop or hits the Take Profit.
3. Phase 3: The Recovery (Grid) If the price reverses, the EA opens secondary trades at optimized distances. It calculates a “break-even point” and aims to close the entire basket of trades at a Total Profit Target (e.g., 1.5% of balance).

📋 Technical Specifications

• Platform: MetaTrader 5 (MT5)
• Recommended Pairs: EURUSD,  XAUUSD (Gold).
• Timeframe: M5 or M15.
• Account Type: ECN or Low Spread (Recommended).
• Minimum Deposit: $500 (Currency) / $2,000 (Gold).

✅ Input Parameters (Customizable)

• Risk Settings: Adjust Risk Percent per trade or use Fixed Lots.
• Grid Control: Set Max Orders, Grid Step (Points), and Multiplier.
• News Filter: Toggle ON/OFF and set pause duration (minutes).
• Timing: Set Start/End trading hours and Friday Close time.

⚠️ Risk Warning

This EA uses a Martingale strategy. While profitable, it carries risks during extreme market conditions. We recommend starting with the “Safe Mode” settings (provided with purchase) and running on a Demo account first to understand the logic.

📦 What’s Included?

• NeoFX-Fast EA .ex5 file
• Optimized .set files for EURUSD (Safe) and XAUUSD (Gold)
• Installation Guide
• 24/7 Support