PRM Candlestick Scalper EA

PRM Candlestick Scalper EA is a fully automated trading system designed specifically for the BTCUSD pair on the H1 timeframe. It is built on pure price action logic and focuses on reliable candlestick reversal patterns to identify high-probability entry points.

What It Does

The EA monitors the market in real time and reacts only to strong, confirmed reversal patterns. It recognizes a wide range of patterns and patterns formations.

These patterns are used to anticipate potential market turning points and generate well-timed buy or sell signals.

How It Trades

When a valid pattern is confirmed, the EA opens a trade in the corresponding direction. Each trade uses adaptive risk parameters based on market volatility. The system automatically calculates:

• Stop Loss (SL)

• Take Profit (TP)

• Trailing Stop

All of these are based on the Average True Range (ATR), ensuring trades adjust to current price dynamics.

Risk Management Features

• Fixed lot size (user-defined)

• Maximum number of open positions

• Unique Magic Number assigned to each trade

• ATR-based trailing stop functionality

Recommended Conditions

This EA is optimized for the following setup:

• Instrument: BTCUSD

• Timeframe: H1

• Market Type: High volatility, trending or ranging

• Trade Style: Reversal or swing entries based on candle structure

Who It’s For

PRM Candlestick Scalper is ideal for traders who value structured entries based on proven candlestick logic. It’s suitable for both backtesting and live trading and offers a consistent, rules-based approach to identifying trade opportunities.

Summary

With its focus on high-quality entries, precise volatility-based exits, and clear pattern recognition, this EA offers a professional-grade solution for traders seeking technical clarity and disciplined execution on the BTCUSD H1 chart.