AI Scalper V1.1 2 2
AI Scalper V1.1 2 2 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around short scalping trades. This copy is version 1.1.2. Its source code uses RSI and Bollinger Bands. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 21 settings, for example _ (default ===== Volume ===========), Lots Size (default 0.0) and __ (default ------------------------). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.1 · Free
About AI Scalper V1.1 2 2
AI Scalper V1.1 2 2 is an expert advisor (trading robot) for MetaTrader 4 based on RSI and Bollinger Bands. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 21 settings, such as _, Lots size and __. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: AI SCALPER v1 (1) (1).1.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| _ | ===== Volume =========================== | |
| Lots size | 0.0 | |
| __ | ---------------------------------------- | |
| Lots per1000 | 0.3 | |
| Min lots | 0.01 | |
| Max lots | 60.0 | |
| ___ | ===== Protection ======================= | |
| Def max spread | 1.3 | Maximum spread |
| _____ | ===== Confirmation ===================== | |
| Filter | 185 | Candle Filter in Point |
| Bb param | 23 | BB settings |
| Rsi param | 18 | RSI settings |
| Rsi buy level | 50.0 | RSI Buy Level |
| Rsi sell level | 50.0 | RSI Sell Level |
| Def sl | 3.0 | Stop loss in pips |
| Distance trailing | 2.1 | Trailing stop distance in pips |
| Start trailing | 3.0 | Trailing stop start in pips |
| Slippage | 3 | Maximum Price Slippage |
| ______ | ===== More ============================= | |
| My magic number | 68000 | Magic number that tells this EA's orders apart |
| Author | https://aiscalper.com |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Scalping · AI & Neural Network · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · RSI · Bollinger Bands · MT4 Expert Advisor · MQL4 Source Code