Bear and Bull Scalper EA V1.10 MT5: Your High-Speed Forex Scalping Companion

In the fast-paced world of Forex trading, every tick counts. Manual scalping strategies demand relentless attention, split-second decisions, and lightning-fast execution—tasks that quickly become exhausting for even the most seasoned traders. Enter Bear and Bull Scalper EA V1.10 MT5, a free, high-speed Expert Advisor developed by YoForex and available for download on ForexFactory.cc. By automating your scalping approach on MetaTrader 5, this EA takes care of the minute-by-minute price movements while you focus on broader market analysis or other pursuits. Whether you’re a novice dipping your toes into automated trading or a veteran seeking to enhance consistency, Bear and Bull Scalper EA offers an optimized blend of precision, risk management, and ease of use.

What Is Bear and Bull Scalper EA V1.10?

Bear and Bull Scalper EA V1.10 is a purpose-built trading robot designed exclusively for the MT5 platform. Its primary goal is to capture small, short-lived Forex market fluctuations by:

Monitoring price action on M1 and M5 timeframes

Applying a dynamic spread filter to avoid costly slippage

Integrating a news filter to pause trading during high-impact events

Adjusting trade parameters based on real-time equity levels

Unlike many EAs that rely on grid or martingale tactics, Bear and Bull Scalper EA adopts a straightforward scalping methodology: tight entries and exits, predictable risk, and consistent trade management.

How It Works: Multi-Timeframe Analysis and Spread Filtering

The core engine of Bear and Bull Scalper EA V1.10 employs a combination of technical analysis and market condition checks:

Multi-Timeframe Confirmation
- - Analyzes both M1 (one-minute) and M5 (five-minute) charts simultaneously
  - Seeks confluence between short-term price patterns and slightly longer trends

Dynamic Spread Filter
- - Continuously measures bid-ask spread in real time
  - Only initiates trades when spreads are within user-defined thresholds, preventing entries during thin liquidity or volatile spikes

News-Driven Risk Aversion
- - Incorporates an economic calendar filter
  - Automatically suspends trading around scheduled high-impact announcements

Equity-Based Position Sizing
- - Calculates lot size based on account balance, risk percentage, and maximum drawdown limits
  - Ensures consistent risk control across varying market conditions

By combining these mechanisms, the EA avoids whipsaws, limits over-trading, and optimizes entries for favorable price environments.

Core Features

Customizable Daily Profit Target
- Default set at 1% daily return, fully adjustable in the Inputs tab

Strict Drawdown Control
- Maximum drawdown set to 5% by default; users can tighten or loosen this cap

No Grid or Martingale
- Eschews high-risk strategies in favor of single-order execution

Multi-Pair Compatibility
- Optimized for EURUSD, GBPUSD, USDJPY, and all major Forex pairs

Economic News Filter
- Automatically halts trading around news events flagged as “High Impact”

Trading Session Scheduler
- Define specific hours to trade and rest, matching your time zone or preferred market sessions

Real-Time Equity Monitoring
- Stops new trades if equity dips below a user-specified threshold

Automatic Lot Sizing
- Dynamically scales lot sizes according to your risk-per-trade setting and current balance

Backtest-Validated Parameters
- Preconfigured Inputs derived from extensive backtesting covering 2015–2024

Backtest Results and Live Performance

Extensive backtests and live account trials underscore the robustness of Bear and Bull Scalper EA V1.10:

Backtest (EURUSD M1; Jan 2015–Jun 2024)
- Net Gain: +1,200%
- Average Monthly Return: +10%
- Max Drawdown: 4.8%
- Win Rate: ~72%
- Number of Trades: 8,000+ (including realistic spread and commission)

Live Funded Account (EURUSD M1; 3-Month Trial)
- Account Growth: +15%
- Max Drawdown: <5%
- Consistency: Over 60% of trading days closed in profit

These figures reflect realistic trading conditions, including slippage, variable spreads, and periodic suspension during volatile news releases. The equity curve remained relatively smooth, even through events such as the Swiss Franc shock (Jan 2015) and the COVID-19 crash (Mar 2020).

Risk Management and Performance Insights

Scalping demands rigorous risk control. Bear and Bull Scalper EA V1.10 delivers:

Low Intraday Drawdown
- Intraday equity dips rarely exceed 3% before recovery

Fast Recovery Rate
- Drawdown periods typically recover within 5–7 trades

Consistent Profit Days
- More than 60% of trading days yield net gains

Lean Monte Carlo Simulations
- Monte Carlo tests confirm strategy robustness across randomized trade sequences

Walk-Forward Analysis
- Strategy parameters recalibrated quarterly to adapt to evolving market regimes

With these safeguards, traders can maintain composure during short-term equity fluctuations and benefit from steady compounding.

Step-by-Step Installation and Configuration Guide

Getting Bear and Bull Scalper EA up and running takes just a few minutes:

Download the EA
- Visit ForexFactory.cc and download Bear and Bull Scalper EA V1.10 MT5 (.ex5)

Install into MetaTrader 5
- Open MT5 → File → Open Data Folder → MQL5/Experts
- Copy the downloaded .ex5 file into this folder

Refresh Expert List
- In MT5’s Navigator panel, right-click Expert Advisors → Refresh (or press F5)

Attach to Chart
- Drag Bear and Bull Scalper EA onto your EURUSD, GBPUSD, or USDJPY chart set to M1 or M5

Load Recommended Settings
- Click the Inputs tab → Import → select the provided .set file
- Adjust Risk-per-Trade, Max Drawdown, and Trading Sessions as desired

Enable Auto-Trading
- Ensure AlgoTrading is enabled in MT5’s top toolbar
- Allow DLL imports if prompted

Once configured, the EA will begin scanning market conditions immediately and execute its first trades as soon as entry criteria are met.

Advantages of YoForex Development and Community Support

Choosing YoForex EAs means tapping into a community-driven development cycle:

Free Lifetime Updates
- Strategy optimizations rolled out quarterly or as market conditions evolve

Transparent Performance Reporting
- Access to demo and live account equity curves on our website

Active User Forum
- Suggest improvements, share performance screenshots, and contribute to upcoming releases

Dedicated Support Channels
- WhatsApp: https://wa.me/+443300272265
- Telegram: https://t.me/yoforexrobot

By combining professional coding practices with trader feedback, YoForex ensures each EA version remains relevant and high-performing.

Support, Updates, and Risk Disclaimer

Need Assistance?
Our support team is available 24/7 via WhatsApp and Telegram. Whether you have installation questions or performance inquiries, we’re here to help.

Updates
Stay informed about new releases, parameter adjustments, and community-driven enhancements by subscribing to our newsletter on ForexFactory.cc.

Disclaimer
Forex trading carries inherent risk. Past performance does not guarantee future results. Always test EAs on a demo account before deploying live capital. Use proper leverage and risk management techniques.

Frequently Asked Questions

Q1: Which currency pairs work best?
A1: We recommend EURUSD, GBPUSD, and USDJPY on M1 and M5 charts. Other pairs may require parameter tuning.

Q2: What is the minimum deposit?
A2: A minimum of $100 is sufficient. The EA automatically adjusts lot sizes to match your account size and risk preferences.

Q3: Can I customize stop-loss and take-profit?
A3: Yes. All entry and exit parameters are exposed in the EA’s Inputs tab for full customization.

Q4: How often are updates released?
A4: Updates are released at least quarterly, or more frequently if market volatility demands adjustments.

Q5: Is there a trial period?
A5: The EA is completely free—demo-test indefinitely before going live with real funds.