Description
FRZ Altcoin Scalper for MT5 – Automated Cryptocurrency Portfolio Scalper
FRZ Altcoin Scalper is a a fully automated multi-coin cryptocurrency scalping robot developed specifically for trading liquid altcoin cryptocurrencies on MetaTrader 5. Operating on the 1-Hour (H1) timeframe, it scans multiple altcoin pairs simultaneously from a single chart and executes high-probability scalping opportunities based on multi-timeframe trend alignment, price momentum, and verified support and resistance zones.
Unlike conventional single-pair cryptocurrency robots, FRZ Altcoin Scalper utilizes a portfolio-wide scanning architecture. You only need to load the EA onto one chart, and it autonomously monitors, filters, and manages trades across your entire selected coin portfolio. Risk exposure is safeguarded through dynamic Average True Range (ATR) positioning, concurrent pair caps, an integrated economic news filter, and the proprietary FRZ Drawdown Recovery Engine.
Video & Screenshots
Key Features
- Single-Chart Multi-Coin Scanning: Monitor and trade multiple major altcoins (ETH, SOL, XRP, BNB, ADA, LTC, DOT) concurrently from a single H1 chart.
- Dynamic ATR Risk & Profit Targets: Take profit targets and DCA spacing dynamically adapt to real-time market volatility using Average True Range (ATR) multiples.
- Weekend Spread Protection: Option to disable new initial trade entries over weekends while allowing ongoing basket management and DCA positions to resolve normally.
- FRZ Drawdown Recovery Engine: Built-in account-level recovery module automatically engages when drawdown thresholds are reached to resolve challenging market swings.
- Universal Broker Compatibility: Supports standard USD, USDT, or broker-specific crypto instrument formats with automatic symbol suffix and prefix detection.
- Integrated News Filter: Automatically halts new position entries during high-impact economic news releases to protect against slippage and extreme volatility.
- Real-Time On-Chart HUD: Live visual dashboard displays active trading pairs, open lot exposure, account drawdown metrics, recovery states, and filter statuses.
- No Martingale Multipliers: Employs structured averaging with configurable maximum concurrent trade caps and total account equity protection floors.
Who This EA Is For
- Traders looking to automate cryptocurrency trading on MetaTrader 5 without manual multi-chart management.
- Crypto traders seeking diversified exposure across top altcoins rather than relying on a single cryptocurrency pair.
- Traders who prioritize disciplined money management with volatility-adjusted trade distances and built-in drawdown recovery.
- Traders using brokers offering crypto CFDs or spot pairs on MT5 (including IC Markets, Pepperstone, and other crypto-friendly brokers).
Technical Specifications
| Specification | Details |
|---|---|
| Product Name | FRZ Altcoin Scalper |
| Platform Supported | MetaTrader 5 (MT5) |
| Timeframe | 1-Hour (H1) |
| Market | Cryptocurrency |
| Supported Pairs | ETHUSD, SOLUSD, XRPUSD, BNBUSD, ADAUSD, LTCUSD, DOTUSD (and broker USDT/suffix equivalents) |
| Minimum Deposit | $500 recommended (Cent accounts also supported) |
For detailed specifications, refer to the User Manual.
Installation & Setup Guide
- Download the EA package from your account dashboard on frzsoftware.com.
- Open MetaTrader 5, navigate to File > Open Data Folder, and place the
.ex5file into theMQL5/Expertsfolder. - In MT5, go to Tools > Options > Expert Advisors, check Allow Algo Trading, check Allow WebRequest for listed URL, and add
https://frzserver.com. - Open a single H1 chart for any supported pair (e.g. ETHUSD) and attach the EA to the chart.
- Review the PairList in the settings, configure your desired risk percentage, and click OK.
For complete installation instructions and detailed setting explanations, visit the User Manual.
Recommended Broker & VPS
We recommend using a low-spread broker and a reliable VPS.
- Recommended Broker: IC Markets. If ICMarkets not available in your country, please use IC Trading.
- Recommended VPS Provider: Contabo VPS.
You may contact us on live chat in case you need any support in this regard.
Frequently Asked Questions
Is this EA free or paid?
FRZ Altcoin Scalper is a premium automated Expert Advisor. A free evaluation DEMO build is available for Strategy Tester backtesting so you can evaluate trade entries and risk controls prior to purchasing.
Can this EA run on multiple pairs at the same time?
Yes. The EA features a native multi-pair portfolio engine. You load it on just one H1 chart, and it monitors and trades every coin configured in your PairList automatically.
Which brokers are supported?
FRZ Altcoin Scalper works on any MetaTrader 5 broker that offers cryptocurrency pairs against USD or USDT (such as IC Markets, Pepperstone, Bybit, and others). The EA features automatic symbol prefix and suffix detection to match your broker’s exact symbol names.
Can the EA be backtested in Strategy Tester?
Yes. The DEMO version is specifically designed for the MT5 Strategy Tester. Note that Strategy Tester evaluates one symbol at a time due to MetaTrader platform tester constraints, whereas live trading scans your entire pair portfolio at once. Live server analytics and news filtering are active exclusively in live mode.
Does this EA use martingale?
No. FRZ Altcoin Scalper does not use aggressive martingale lot doubling. It utilizes volatility-based ATR spacing and a structured Drawdown Recovery module designed to safely recover open floating drawdowns.
Licensing & Usage Policy
Our software is licensed based on your trading account number.
Each license is linked to one trading account at a time.
✔ One-time payment = This is a one-time payment. Not a subscriptions.
✔ One license = Unlimited non-simultaneous accounts
✔ Free license transfer to new accounts online
✔ Only simultaneous usage requires multiple licenses
This means even with a single license, you can use the software on unlimited accounts (one at a time) without extra cost.
Initial licensing is handled manually. All future transfers are done via our self-service portal.
You may check out our full License Policy for more details.
Support & Updates
All paid customers receive:
✔ Free lifetime updates
✔ Access to detailed user manuals
✔ Free remote installation support for first installation
✔ AI-based technical support
✔ General live chat and email ticket support
✔ Discord user forum support
You may check out our full Support Policy for more details.
Refund Policy
We offer refunds in accordance with our refund policy. You may check out our refund conditions before purchasing.
Risk Disclaimer
Trading in financial markets involves substantial risk and may not be suitable for all investors. Our software is provided “as is” without any guarantee of profit. You are advised to test thoroughly on demo accounts before trading live. Please review our full terms and conditions before purchasing.
Amaranat L –
Working well so far. works only on M15. it is bit slow EA but accuracy seems good.
Jaganesh Karthik –
Working for a month. Currently up by 8%
Brany K –
Up by 5% last month on low risk settings. thank you