# Conservative Scalper EA

Disciplined, rule-based MT4 Expert Advisor for conservative intraday scalping on major FX pairs with capital preservation as top priority.

Canonical: https://prismaticalgos.com/compendium/algo/274-conservative-scalper-ea
Record ID: 274
Catalog rank: 311 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Scalping & Short-Horizon (D)
Source: https://github.com/NadirAliOfficial/conservative-scalper-ea
Evidence label (unverified): backtest_shown

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## 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 profile

- symbols: EURUSD, GBPUSD, USDJPY
- timeframes: M15, M5
- sessions: 8:00-17:00 GMT, 8:00-17:00 GMT, 8:00-17:00 GMT
- market_regime: ranging|volatile

## Indicators

- EMA: {"period": 50}; applied to: close
- EMA: {"period": 200}; applied to: close
- EMA: {"period": 20}; applied to: close
- RSI: {"period": 14}; applied to: close

## 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

## Risk controls

- 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%)