ScalperPro Forex LX
CATEGORY: Expert Advisor (EA) · For MetaTrader 5 · Multi-session Mean Reversion for Forex
Same confluence architecture and risk management as ScalperPro LX, specifically adapted for currency pairs: adds ADX regime filtering (to avoid trading mean reversions during strong trends) and forex-specific session controls (rollover, Friday close, session overlaps).
Recommended pairs: EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD (configurable whitelist; EURGBP, EURCHF, USDCAD, NZDUSD are mentioned as ideal pairs in the internal code documentation, although they are not on the default whitelist—confirm which to use).
HOW IT WORKS: Same 7-confluence engine as ScalperPro LX (Bollinger, RSI, VWAP, volume, divergence, candlestick pattern, upper timeframe trend), with two key differences designed for forex: (1) ADX filter that requires the market to be range-bound (ADX below a configurable maximum) before reversal trades—prevents trading against strong trends; (2) session control with six modes (all sessions, Asian only, European only, NY only, avoid London-NY overlap, or custom), plus a maximum spread filter in pips and the option to avoid overnight rollover and Friday closing.
Risk and account management: Identical architecture to ScalperPro LX: configurable risk percentage, daily stop loss (%, $, or losing streaks), daily target, concurrent trade limit, pair correlation filter, whitelist/blacklist of symbols (here it explicitly blocks metals, indices, and crypto—it's exclusively forex), and the same 12 funded account presets.
WHO IS IT FOR: Forex traders who trade mean reversion and want a system that respects the session structure and avoids trading during strong trends, with the same risk management for funding accounts as the CFD version.