Apex Scalper EA
Supply/demand scalper EA v2.2 · M1/M5 · No Martingale/Grid · 5.6% max drawdown backtest · MT4
About Apex Scalper EA
The Apex Scalper EA (version 2.2), available on the MQL5 Market (product/123177) and distributed via eafxstore.com and dolphintrader.com, is an automated trading robot for MetaTrader 4 created by veteran developer Joseph Smith, who brings over a decade of experience to the product. It uses a scalping strategy, opening and closing multiple small trades in a short time, specifically targeting supply and demand zones in the forex market for quick profits.
Apex Scalper integrates FIFO compliance, smart trailing stop management, breakeven shifting, and volatility/spread protection — all without relying on risky tactics like Martingale or Grid systems. It is optimised for the M1 and M5 lower timeframes with a recommended minimum balance of $200. Backtest results from 2011 to 2018 starting with $100 showed $10.4 million in profit while maintaining a remarkably low maximum drawdown of just 5.6%.
- Platform: MetaTrader 4 (Build 1441+)
- Timeframes: M1, M5
- Strategy: Supply/demand zone scalping
- Risk approach: FIFO compliant, no Martingale or Grid — trailing stop + breakeven
- Backtest (2011-2018): $100 → $10.4M profit, 5.6% max drawdown
- Min deposit: $200
- Developer: Joseph Smith
- Version: 2.2
- Source: mql5.com/en/market/product/123177