ChallengeScalMorning_S_EURCAD

☆ Version Up Information

ver2.1 (2026.3.5) ・Fixes to entry logic ・Addition and adjustment of parameters ・Change of initial SL value ・Added On/Off setting for logic ・Other code fixes  

About ChallengeScalMorning_S_EURCAD

ChallengeScalMorning_S_EURCAD is an EA in the CSMS (ChallengeScalMorning_S) series, developed based on the CSMS series’ six-plus years of real account forward testing performance of the “ChallengeScalMorning_V” (CSMV) series. In the CSMS series, the logic is optimized for each currency pair, and this EA uses a trading logic adjusted specifically for EURCAD. ChallengeScalMorning_S_EURCAD is a short-term scalping EA designed to trade with the aim of liquidity recovery in the early Japan time, entering in the early hours and targeting price movements around the Tokyo market open.  
 

Features

① Entry in the long-term trend direction with three entry logics

An EA that seeks pullbacks and retracements in the medium-to-long-term trend direction. It includes three entry logics that combine trend-detection with multiple indicators.  

②Small losses, large profits

Many morning scalping EAs prioritize win rate, but the CSMS seriesaim for average profit > average losswith a small-loss, large-profit design.

Although this EA sets a relatively wide maximum stop loss, the actual average loss with 0.1 lot is about -7.55 USD (about 10.2 pips), so most trades end with small losses.  

③ Logic targeting morning liquidity recovery

Early Japan time is a period of low liquidity where short-term pullbacks and retracements are likely. This EA enters on pullbacks and retracements during this time and aims to capture moves after the Tokyo market opens. Note that spreads can widen in the early morning hours depending on brokers. In winter time from around 7:00–8:00 and in summer around 6:00–7:00, spreads may widen,and in those times entries may be skipped or the number of entries may significantly decrease. This is not abnormal; it is a design to avoid trading when spreads widen. Entries tend to increase around times before and after spread widening.  

④ Short-term decision EA

This EA is not ultra-short-term scalping to close within minutes, but is a short-term decision EA that may close positions after a few hours. Short-term decision type EAEntries are in the early morning, and the holding time is less than 5 hours, with closure by around 9:50 a.m. Japan time.

 

⑤ Based on a predecessor with long operation history

A Special version developed with a focus on low drawdown, based on the “ChallengeScalMorning V” (CSMV) series which has over six years of forward testing in real accounts.  

⑥ Optimized per currency pair

In the CSMS series which values compatibility with each currency pair, optimization is performed per pair while avoiding over-optimization.  

⑦ Compounding feature

Includes a compounding feature. Orders are placed with lot sizes that can be held with the surplus margin “x%” (risk value).  

Who this EA is suitable for

ChallengeScalMorning_S_EURCAD is suitable for the following users.

・Looking for a short-term trading EA that runs in the early Japan time

・Prefer a logic that targets pullbacks and retracements in the long-term trend direction

・Want to operate an EA focused on “small losses, large profits” rather than win rate

・Want to utilize EURCAD trading opportunities

 

Not suitable for

・Expecting high-frequency trading

・Seeking an EA that guarantees profits

・Using a broker with strict scalping rules

Backtest

Backtests use high-precision data from TickDataSuite (TDS). A 10-year test with spread 30 (3 pips) and fixed 0.1 lot (historical data from Dukascopy).　

Backtest period	2016.01.04 - 2025.12.30
Backtest conditions	Fixed 0.1 lot / Spread 30
Number of trades	2592
Profit	10295.55 USD
Win rate	65.70%
Max drawdown	387.62 USD (3.84%)
Average gain	9.99 USD
Average loss	-7.55 USD
Profit factor	2.53
Recovery factor	26.56

 

Forward Test

We are currently conducting a forward test of ver2.1 on a real account. Please check the latest operation status in the RealTrade below. ※0.01 lot (yen account)  

Setting Parameters

【Initial Settings】 【Parameter Descriptions】 Summer Time Type・・・Specify the type of summer time used by your broker (0: none, 1: US DST, 2: Europe DST). Server GMT Shift (Winter Time)・・・If DST is in effect, specify the broker’s GMT plus value in winter time. Compounding Setting・・・If using compounding, set to “True.” Default is “False” (fixed lot size of 0.1). Risk Value (%)・・・If using compounding, specify the risk value. The lot size to hold is calculated from the surplus margin using the specified percentage, and orders are placed accordingly. Fixed Lot・・・If using fixed lot, specify the number of lots. Use of Logic・・・Specify whether to use the logic with On/Off (default On). Maximum Number of Positions・・・Max number of positions (default 3) Maximum Stop Loss (pips)・・・Maximum stop loss Magic Number・・・Specify the magic number. If running on the same account with another EA, use a different number to avoid overlap. Comment・・・Comment shown when the EA places orders or closes positions (editable)  

Q&A

QPlease tell me your recommended securities company or broker. AThis EA enters in the early Japan time, so brokers where EURCAD spreads widen drastically in the early hours may cause stop-outs; not recommended. We recommend brokers with tight spreads that do not widen too much in the early morning.   QCan I run it on currency pairs other than EURCAD? AThis EA is EURCAD-specific and cannot be run on other currency pairs.   QCould you share more details of the logic? ASorry, but the detailed logic is confidential.   QWill it always be profitable? ANot guaranteed; if the market conditions do not fit the logic, losses may occur. Therefore, profits are not guaranteed, and losses can occur as well.   QIs it okay to run this with other EAs at the same time? AYes. If the magic numbers are the same, please change the number to avoid conflicts.   QIs it okay to keep it running all the time? AThis EA aims to be able to run long-term, but drawdowns may widen or stall. In such cases, decide whether to keep running based on your criteria for drawdown and allowable losses.   QIs VPS required? AVPS is not mandatory, but it is recommended for stable operation.   QPlease tell me the average holding time. AAverage holding time is within a few hours, with most trades settled by around 9:50 a.m. on the same day.