TheBestScalp is an automated trading bot designed for the US100 (Nasdaq 100) index, operating on a 15-minute timeframe. It employs a momentum-driven strategy combining dual Exponential Moving Average (EMA) crossovers (11-period fast and 42-period slow) with candlestick direction confirmation to identify trends. A 9-period Relative Strength Index (RSI) filter ensures trades are executed only during optimal momentum zones: buy orders trigger with RSI between 50 and 70, sell orders between 30 and 50.
The bot features advanced risk management tailored for proprietary trading firm evaluations. It uses a fixed lot size of 1.85, targeting a $535 take profit and enforcing a strict $100 stop loss per trade. A hard daily drawdown limit of 2.3% triggers automatic liquidation of all positions and suspends trading until the next server day to protect capital during volatile market conditions.
Trading is confined to defined intraday sessions to avoid low liquidity and overnight risks. All positions are closed at 21:59 server time, and trading is suspended between 22:00 and 02:00. TheBestScalp supports market orders and is optimized for trend-following scalping with medium trade frequency, suitable for accounts with a recommended minimum balance of $3,000 and leverage up to 1:100.