The MyVolume Profile Scalper EA V1.32 is an advanced automated trading system designed exclusively for MetaTrader 4, tailored to capitalize on short-term price movements using volume profile analysis. This expert advisor (EA) leverages real-time volume data to identify high-probability scalping opportunities, making it ideal for traders seeking rapid, low-risk gains in volatile markets. Built with a focus on precision and speed, the EA executes trades within seconds, targeting micro-fluctuations in liquidity zones. Whether you’re a seasoned scalper or a novice exploring algorithmic trading, the MyVolume Profile Scalper EA V1.32 offers a data-driven edge.


MyVolume Profile Scalper EA V1.32


Minimum Deposit


To operate effectively and manage risk, the EA requires a minimum deposit of $300 on ECN/STP broker accounts. This ensures sufficient margin for 0.01-lot trades while adhering to a maximum drawdown of 10%.


Currency Pair


The EA is optimized for the EUR/USD pair due to its high liquidity and tight spreads. However, it also performs well on:



  • GBP/USD

  • USD/JPY

  • XAU/USD (Gold)


Timeframe


The MyVolume Profile Scalper EA V1.32 operates on the M1 (1-minute) and M5 (5-minute) timeframes, enabling it to exploit intraday price volatility. Its algorithm processes tick-level data to enter and exit trades within 5–15 minutes.


MyVolume Profile Scalper EA V1.32


Key Features


Volume Profile Analysis Engine



  • Identifies key support/resistance levels based on historical and real-time volume clusters.

  • Prioritizes trades in high-volume zones for increased accuracy.


Ultra-Fast Execution



  • Opens and closes trades within 100–300 milliseconds to capitalize on fleeting opportunities.


Adaptive Risk Management



  • Dynamic stop-loss (5–10 pips) and take-profit (8–15 pips) levels.

  • Auto-lot sizing based on account balance (risk per trade: 1–2%).


News Filter Integration



  • Automatically pauses trading 10 minutes before high-impact news events (e.g., NFP, FOMC).


Multi-Session Compatibility



  • Optimized for the London and New York sessions (07:00–17:00 GMT).


Backtested Performance



  • 2023–2024 Results: 74% win rate, 3.1 profit factor, and 12% average monthly ROI.


User Customization



  • Adjust trade frequency, risk tolerance, and session preferences via input parameters.


MyVolume Profile Scalper EA V1.32


Conclusion


The MyVolume Profile Scalper EA V1.32 is a powerful tool for traders seeking consistent profits in fast-paced Forex markets. Its volume-based strategy minimizes emotional trading while maximizing opportunities in liquidity-rich environments. While the EA excels in stable market conditions, users should pair it with a reliable VPS and low-latency broker (e.g., IC Markets, Pepperstone) to ensure optimal performance. For best results, test the EA on a demo account for 2–3 weeks before deploying it live. With disciplined risk management, this scalper can be a valuable addition to both manual and automated trading portfolios.


 


Happy Trading