Shark Scalper Pro MT4
Counter-trend BB scalper | NY session | Bollinger Bands mean reversion | MT4
About Shark Scalper Pro MT4
The Shark Scalper Pro is an automated Expert Advisor for MetaTrader 4, available on the MQL5 Market (product/45892). It implements a counter-trend scalping system based on Bollinger Bands, entering positions when the price moves to extreme Bollinger Band levels — betting on a reversion back toward the mean rather than following the trend direction. The EA is specifically timed to trade during the New York (NY) trading session, taking advantage of the higher liquidity and tighter spreads that characterise NY market hours. This session-specific targeting reduces exposure to thin, volatile market conditions outside of prime trading hours.
- Platform: MetaTrader 4
- Strategy: Counter-trend scalping — Bollinger Bands mean reversion
- Session: New York (NY) trading session only
- Entry logic: Trades when price reaches extreme Bollinger Band levels
- Source: mql5.com/en/market/product/45892
Key Features
✓ Bollinger Band counter-trend — enters at extreme price deviations for mean reversion
✓ NY session specialist — trades during the highest-liquidity window for tighter spreads
✓ Counter-trend approach — alternative to trend-following for ranging NY conditions
⚠ Counter-trend trading can be caught by strong directional moves — use appropriate stop loss
⚠ Ensure your broker offers tight NY session spreads for optimal Bollinger Band scalping