NYOpen Scalper expert advisor for MT5 delivering disciplined New York open volatility profits
Discover NYOpen Scalper 2025 review with verified MT5 results showing average monthly gains of 1.7% and max drawdown near 12%. Get objective analysis.
Trading Strategy
Core approach and methodology
Key Features
Powerful capabilities designed for professional trading
Combines range breakout signals with Fair Value Gap confirmation for higher accuracy
Optimized for New York session volatility to capture fast momentum moves
Configurable risk-per-trade, lot sizing and daily maximum trade limits
Short time-in-market strategy with average trade durations under one hour
Compatible with MT5 including backtesting and live optimization features
Supports major currency pairs with dedicated filters for spread and slippage
Who Should Use NYOpen Scalper?
This expert advisor is designed for these trader profiles
Beginner Trader
Entry LevelDay traders seeking short, session-based scalps during the New York open
Ideal Trader
RecommendedAutomated traders who prefer MT5 EAs with verified live performance data
Ideal Trader
RecommendedRisk-aware traders wanting configurable position sizing and strict drawdown controls
Ideal Trader
RecommendedDevelopers testing algorithmic volatility strategies across multiple brokers and accounts
Detailed Review
This review of NYOpen Scalper for 2025 examines performance and provides analysis of the EA’s core mechanics and results. NYOpen Scalper is positioned as a professional volatility breakout system that targets the explosive conditions at the New York open. The EA’s unique blend of range breakout detection and Fair Value Gap confirmation reduces noise during the highest-liquidity session of the day, while time filters and spread checks avoid trading poor market conditions. The detailed trading results and backtests emphasize consistency over brute-force frequency, and the developer provides sample live-account reports to support claims. Under the hood NYOpen Scalper uses event-driven rules on MT5 to define breakout thresholds, confirm momentum with fair value gap validation, and enter trades with preconfigured stop loss and take profit levels. The algorithm limits trade duration, typically closing positions within the hour, and adjusts sizing according to account equity and user risk settings. Jonathan Mboya Kinaro designed the EA with practical parameter defaults and options for manual overrides, and the code supports standard MT5 optimization for parameter sweeps and forward testing. In practice NYOpen Scalper performs best on major FX pairs with low spreads and during clear volatility spikes at session open. Backtests and live samples show a measurable edge when brokers provide stable execution; latency-sensitive brokers or high spreads degrade trading results. For traders using MT5, this EA delivers an objective, rules-based approach to New York open scalping and provides transparent logs for third-party verification.
Performance Analysis & Real Trading Results
Comprehensive analysis of real-world trading performance and statistical metrics
NYOpen Scalper Risk Assessment
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
Risk Factors Breakdown
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Overall Risk Level
Based on historical data and strategy analysis
Risk Factors Breakdown
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Risk Mitigation Strategies
NYOpen Scalper Setup Guide & Installation
Step-by-step instructions to get NYOpen Scalper running on your MT5 platform
Step 1
Install the NYOpen Scalper EA by copying the provided .ex5 file into the MT5 Experts folder and restarting the terminal. Attach the EA to the chosen chart and enable automated trading in MT5, then load the recommended template and set the account-specific risk-per-trade parameter. Key parameters to configure include risk percentage, maximum daily trades, spread filter, and broker-specific slippage allowance. Choose low-spread ECN or STP brokers for best execution and test on demo accounts first. Optimal chart timeframes are 1-minute and 5-minute for entries with a 1-hour session window. Run both backtests and forward demo tests before live deployment.
Prerequisites Checklist
Complete Installation Instructions
Ready to Install?
Download NYOpen Scalper from the MQL5 Market
Developed by Jonathan Mboya Kinaro
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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Original MQL5 Product
NYOpen Scalper is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
View on MQL5.comGet Started with NYOpen Scalper
Join hundreds of traders already using NYOpen Scalper for automated trading success.
What You Get
- Instant download and installation
- Lifetime updates and support
- Access to live performance data
- Detailed setup documentation
- Community support and resources










