Day Scalp 1.0 (Lot Koef)
Day Scalp 1.0 (Lot Koef) is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is short scalping trades. It places pending orders, can size trades from your risk and is set up for scalping. It has 39 settings, for example Lots (default 0.2), Lot koef (default 1.7) and Max Lots (default 3.2). 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 · v1.0 · Free
About Day Scalp 1.0 (Lot Koef)
Day Scalp 1.0 (Lot Koef) is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, can size trades from your balance and risk percent and is built for short scalping trades. It has 39 settings, such as Lots, Lot koef and Max lots. MQL source code included.
Files in the download: DayScalp 1.0 (Lot_koef).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 |
|---|---|---|
| Lots | 0.2 | Trade size in lots |
| Lot koef | 1.7 | |
| Max lots | 3.2 | |
| Timestart1 | 0.0 | |
| Timestop1 | 24.0 | |
| Timestart2 | 0.0 | |
| Timestop2 | 24.0 | |
| Profit | 35.0 | |
| Stop los | 1000.0 | |
| Closeorders | FALSE | |
| Closeprocent | 10.0 | |
| Sunday | TRUE | |
| Monday | TRUE | |
| Tuesday | TRUE | |
| Wednesday | TRUE | |
| Thursday | TRUE | |
| Friday | TRUE | |
| Saturday | TRUE | |
| Magic | 7043 | Magic number that tells this EA's orders apart |
| Level2 | 22.0 | |
| Profit2 | 20.0 | |
| Level3 | 22.0 | |
| Profit3 | 20.0 | |
| Level4 | 22.0 | |
| Profit4 | 20.0 | |
| Level5 | 22.0 | |
| Profit5 | 20.0 | |
| Level6 | 22.0 | |
| Profit6 | 20.0 | |
| Level7 | 22.0 | |
| Profit7 | 20.0 | |
| Level8 | 22.0 | |
| Profit8 | 20.0 | |
| Level9 | 22.0 | |
| Profit9 | 20.0 | |
| Level10 | 22.0 | |
| Profit10 | 20.0 | |
| Level11 | 22.0 | |
| Profit11 | 22.0 |
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 · Pending Orders · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code