229# Power Scalper MT5

Power Scalper leverages advanced custom indicators from the MQL5 community library to identify high-probability scalping opportunities. This strategy combines sophisticated algorithms not available in standard MT5 to achieve superior market entry timing and momentum detection.

Key Features

Time Frame: M1 and M5 charts

Best Markets: EUR/USD, GBP/USD, USD/JPY, XAUUSD

Trading Sessions: London/NY overlap (13:00-16:00 UTC)

Average Trade Duration: 2-8 minutes

Target Win Rate: 70-80%

Core Custom Indicators from MQL5 Library

Indicators MQL5

1. Super Smoother Filter by John Ehlers

Custom trend filter Purpose: Ultra-smooth trend detection with minimal lag Parameters:

Period: 10
Cutoff: 0.1
Signal when price crosses above/below the filter line

2. Schaff Trend Cycle (STC)

MQL5 Library: Advanced oscillator Purpose: Early trend change detection combining MACD and Stochastic Parameters:

Fast MA: 23

Slow MA: 50

Cycle: 10

Smooth: 3

3. T3 Moving Average (T3MA)

Tim Tillson's T3 algorithm Purpose: Superior moving average with reduced noise Parameters:

Period: 14

Volume Factor: 0.7

More responsive than EMA but smoother

4. Relative Vigor Index (RVI) Enhanced

Modified RVI with additional smoothing Purpose: Momentum and divergence detection Parameters:

Period: 10

Signal Line Period: 4

Enhanced with price-volume correlation

5. Laguerre RSI

John Ehlers' adaptive RSI Purpose: Self-adjusting RSI that adapts to market conditions Parameters:

Gamma: 0.7

Automatically adjusts to volatility

Superior overbought/oversold signals

Entry Rules

Long Entry Conditions

Super Smoother: Price crosses and closes above the filter line
Schaff Trend Cycle: Crosses above 25 level (from below)
T3MA: Current price > T3MA(14) and T3MA is rising
Enhanced RVI: RVI line crosses above signal line in positive territory
Laguerre RSI: Reading between 20-40 (oversold recovery)
Confirmation: All signals must occur within 2 consecutive candles

Short Entry Conditions

Super Smoother: Price crosses and closes below the filter line
Schaff Trend Cycle: Crosses below 75 level (from above)
T3MA: Current price < T3MA(14) and T3MA is falling
Enhanced RVI: RVI line crosses below signal line in negative territory
Laguerre RSI: Reading between 60-80 (overbought exhaustion)
Confirmation: All signals must occur within 2 consecutive candles

Smart Stop Loss System

Initial SL: 6-10 pips from entry (based on Super Smoother)
Dynamic SL: Adjust using T3MA as trailing stop
Volatility SL: 1.5x Custom ATR value
Time-based SL: Close if no movement within 10 minutes

Take Profit Strategy

TP1: 1:1.5 R/R (close 60% of position)

TP2: 1:2 R/R (close remaining 40%)

Breakeven: Move SL to entry after TP1

Trailing: Use Laguerre RSI reversal signals

Market Filtering System

Custom Volatility Filter

Use MQL5 custom volatility indicators to avoid:

Low volatility periods (ATR < 8 pips)

Excessive volatility (ATR > 25 pips)

Market open/close volatility spikes

News Impact Filter

High impact news: Stop trading 15 minutes before/after

Medium impact: Reduce position size by 50%

Custom economic calendar integration available in MQL5

Session Strength Indicator

Custom MQL5 indicator showing:

London session: 08:00-16:00 UTC (High priority)

New York session: 13:00-21:00 UTC (High priority)

Overlap period: 13:00-16:00 UTC (Maximum priority)