ChallengeScalMorning_S_EURGBP

About ChallengeScalMorning_S_EURGBP

ChallengeScalMorning_S_EURGBP is an Expert Advisor (EA) in the CSMS (ChallengeScalMorning_S) series, developed based on the CSMSV (ChallengeScalMorning_V) series, which has more than six years of forward testing on real accounts. In the CSMS series, logic is optimized for each currency pair, and this EA uses a trading logic specifically adjusted for EURGBP. ChallengeScalMorning_S_EURGBP is a short-term, high-speed scalping EA that trades to capture liquidity recovery in the early morning hours in Japan time. It is designed to enter in the early Japan hours and target price movements around the start of the Tokyo session.  
 

Features

① Three entry logics for entries in the long-term trend direction

An EA that aims to buy dips and sell rallies in the medium-to-long-term trend direction. It includes three entry logics that combine trend-detection logic with multiple indicators.  

② Small losses, large profits

Many morning scalping EAs prioritize win rate, but the CSMS serieshas an average profit greater than the average loss, delivering a small-loss, large-profit design.

Note that this EA sets a wide maximum stop loss, but actual average loss is about -$9.64 (roughly 7.6 pips) at 0.1 lot, meaning most trades end with small losses.  

③ Logic targeting morning liquidity recovery

In the early morning in Japan, liquidity is low and short-term dips or rallies in the trend direction are more likely. This EA enters on dips and rallies during this time and aims to capture moves after the Tokyo market opens. Also, liquidity in the early morning in Japan can widen spreads depending on the broker. In winter time around 7–8 a.m., in summer around 6–7 a.m.There are cases where spreads widen during this time,and you may not enter or the number of entries may decrease significantly. This is not abnormal; it is a design to avoid trading during spread widening. There tends to be more entries around the period just before and after spread widening.  

④ Short-term, decisive EA

This EA is not a ultra-short-term scalper that closes positions in minutes, but a “short-term decisive” EA that closes after holding for a few hours.It is a short-term decisive EAIt enters in the early morning and the holding time is up to less than 5 hours, with settlement around 9:50 a.m. Japan time.

 

⑤ Based on a long-running predecessor

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

⑥ Optimized per currency pair

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

⑦ With compounding feature

Equipped with a compounding feature. Orders are placed using the funds equivalent to a certain percentage (risk value) of excess margin.  

Who this EA is suitable for

ChallengeScalMorning_S_EURGBP is suitable for the following users.

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

・Prefer logic that aims at dips and rallies in the direction of the long-term trend

・Want an EA that operates on a “small losses, large profits” basis rather than focusing on win rate

・Want to take advantage of EURGBP 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 ten-year test with a spread of 20 (2.0 pips) and a fixed 0.1 lot, using historical data from Dukascopy.　

Backtest period	2016.01.04 - 2025.12.30
Backtest conditions	Fixed 0.1 lot / Spread 20
Trades	1943
Profit	$12,286.77
Win rate	75.86%
Max drawdown	622.67 (6.14%)
Average earnings	$11.40
Average loss	-$9.64
Profit factor	3.72
Recovery factor	19.73

 

Forward Test

Forward testing is currently being conducted on a real account. Please check the latest performance in the RealTrade below. ※0.01 lot (JPY account)  

Settings Parameters

【Initial Settings】 【Parameter Descriptions】 Summer Time Type・・・Specify the type of daylight saving time used by your broker (0: none, 1: US DST, 2: Europe DST). Server GMT Shift (Winter Time)・・・When DST is in effect, specify the broker’s “GMT + α” value in winter time. Saturday Entries・・・Specify whether entries on Saturdays are allowed. If not trading on Saturdays, set to “False” (default). If yes, set to “True.” Acceptable Spread (pips)・・・If the spread exceeds the specified value, entry orders will not be placed. Compounding Setting・・・If you want to use compounding, set to “True.” The default is “False” (fixed 0.1 lot). Risk Value (%)・・・If using compounding, specify the risk value. The lot size is calculated based on the risk value percentage of the excess margin and orders are placed accordingly. Fixed Lot・・・Specify the number of lots when operating with a fixed lot size. Use of Logic・・・Specify On/Off for whether to use the logic (default On). Maximum Positions・・・Maximum number of positions (default 3) Maximum Stop Loss (pips)・・・Maximum stop loss Magic Number・・・Specify the magic number. If using the same account for other EAs, enter a different number to avoid overlapping orders. Comment・・・Comment shown when the EA places orders or closes positions (editable)  

Q&A

QCould you recommend a broker or brokerage? ABecause the EA enters in the early Japan hours, brokers where EURGBP spreads widen significantly in the early morning may trigger stop losses and are not recommended. We recommend brokers with narrow spreads that do not widen excessively in the early hours.   QCan it be used with currency pairs other than EURGBP? AThis EA is EURGBP-specific and cannot be used with other pairs.   QCould you share more details of the logic? ASorry, but the detailed logic is not disclosed.   QWill it always be profitable? ANot guaranteed; if the market conditions do not fit the logic, losses can occur. Therefore, it does not guarantee profits, and losses can occur.   QIs it okay to run with other EAs simultaneously? AYes. If the magic numbers are the same, please change them to avoid conflicts.   QCan I run it continuously? AWe aim to develop an EA that can operate for a long time, but drawdown may widen or stalls may occur. If so, continue operating could increase losses, so judge whether to run based on drawdown magnitude and acceptable loss thresholds.   QIs a VPS required? AVPS is not mandatory, but recommended for stable operation.   QWhat is the average holding time? AThe average holding time is within a few hours, with most trades settled by around 9:50 a.m. in the same day.