MarySue Scalping EA

October 30, 2024

The MarySue EA is a fully automated scalping bot specifically optimized for trading the USDJPY pair. Based on a unique “Morning Scan” strategy, this EA targets the early morning hours in the Japanese market to take advantage of low volatility. Here, we’ll explore what sets the MarySue EA apart and why it’s quickly gaining popularity among traders.

Key Features of MarySue EA

The MarySue EA employs a “Morning Scan” strategy, which focuses on the stable, low-volatility market conditions of early morning trading in Japan. This strategic timing minimizes the likelihood of sudden price spikes, creating a more predictable trading environment ideal for scalping.

This bot incorporates an array of technical indicators—Envelopes, RSI, Bollinger Bands, and MACD—to form a comprehensive decision-making process. Together, these tools allow the EA to respond effectively to subtle market shifts and trends, improving trade accuracy.

Unlike many other EAs, MarySue avoids risky strategies such as martingale, grid, or high-frequency trading (HFT). Instead, it employs a conservative approach designed to safeguard the trader’s capital. Key risk management features include:

Take Profit and Stop Loss: Every trade has pre-set Take Profit and Stop Loss levels, ensuring profits are secured and losses are limited.
Single Trade Mechanism: The EA is programmed to open only one trade at a time, minimizing overexposure and managing risk.
Trade Frequency: The EA averages around 15 trades per month, executing 1-3 trades per day only when conditions are optimal. If necessary, it will remain inactive for several days to avoid suboptimal trades.