Extracted algorithm research record
Conservative Scalper EA
Disciplined, rule-based MT4 Expert Advisor for conservative intraday scalping on major FX pairs with capital preservation as top priority.
Source & extraction context
Evidence label: backtest_shown (source claim, not independent verification). Recorded completeness: 85.0/100. Neither is a performance result.
Names identify source records. Inclusion is not an endorsement or a claim of authorship, ownership or reuse permission. Check the source license before reusing any implementation.
Extraction warnings
Claim warnings
- UNSIZED CLAIM: performance figures are published with no trade count, so the sample behind them cannot be judged.
- UNDATED CLAIM: performance figures are published with no test period, so they cannot be checked or reproduced.
Build warnings
- MT4_ONLY: the captured source is MQL4 / written for MetaTrader 4. It needs porting (order functions, indicator handles) before it runs on MT5.
Recorded market & execution profile
- Recorded timeframes
- M15, M5
- Recorded sessions
- 8:00-17:00 GMT, 8:00-17:00 GMT, 8:00-17:00 GMT
- Recorded regime
- ranging|volatile
Recorded indicators & parameters
| Indicator | Parameters | Applied to |
|---|---|---|
| EMA | {"period": 50} | close |
| EMA | {"period": 200} | close |
| EMA | {"period": 20} | close |
| RSI | {"period": 14} | close |
Extracted strategy rules
Recorded long-entry rules
- M15 EMA 50 > M15 EMA 200 and rising
- M5 EMA 20 > 0
- RSI 14 > 50
- Current bar closes above prior bar high
Recorded short-entry rules
- M15 EMA 50 < M15 EMA 200 and falling
- M5 EMA 20 < 0
- RSI 14 < 50
- Current bar closes below prior bar low
Recorded exit rules
- Hard stop loss + hard take profit on every trade
- Break-even logic (optional, default on)
- Trailing stop (optional, default off)
- Time-based exit for stalled trades (default 20 min)
- Session-end close option
Recorded filters
- Spread cap
- ATR minimum
- Session hours
- Day-of-week
- Rollover block
- One trade per symbol
- Total open risk cap
- Stop loss
- ATR-based, with ATR mult of 1.2
- Take profit
- ATR-based, with ATR mult of 1.2
- Position sizing
- % equity per trade (default 0.25%)
Questions about this record
What entry rules are recorded for Conservative Scalper EA?
Long: M15 EMA 50 > M15 EMA 200 and rising M5 EMA 20 > 0 RSI 14 > 50 Current bar closes above prior bar high Short: M15 EMA 50 < M15 EMA 200 and falling M5 EMA 20 < 0 RSI 14 < 50 Current bar closes below prior bar low These are unverified extracted rules.
Which markets and timeframes are recorded?
Markets: EURUSD, GBPUSD, USDJPY. Timeframes: M15, M5. These are source-recorded labels, not verified execution behavior.