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Fap Turbo V47

From the Old Kings archive: Fap Turbo V47, an expert advisor (trading robot) for MetaTrader 4. The file name marks it as version 47. In the code it works with RSI and moving averages. It moves the stop behind price, can size trades from your risk and is set up for scalping. It has 40 settings, for example Scalper (default --- Scalper EURCHF, EURG), Use Scalper Strategy (default TRUE) and Scalper Lots (default 0.1). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 2 EA files 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 · v47 · Free

About Fap Turbo V47

Fap Turbo V47 is an expert advisor (trading robot) for MetaTrader 4 based on RSI and Moving Average. It moves the stop loss behind price (trailing stop / break-even), can size trades from your balance and risk percent and is built for short scalping trades. It has 40 settings, such as Scalper, Use scalper strategy and Scalper lots. MQL source code included.

It also works on several symbols at once.

Files in the download: fapturbo3.dll, FapTurbo47.ex4, FapTurbo47.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Scalper--- Scalper EURCHF, EURGPB, GBPCHF or US
Use scalper strategyTRUE
Scalper lots0.1
Scalper use mmTRUE
Scalper lots risk reductor5.0Risk per trade (percent of balance)
Scalper max lots10.0
Scalper use auto gm toffsetTRUE
Scalper manual gm toffset1
Scalper start work time hour21
Scalper start session minute0
Scalper end work time hour1
Scalper end session minute0
Scalper eurgbp take profit6Take profit distance
Scalper eurgbp stop loss36Stop loss distance
Scalper eurchf take profit5Take profit distance
Scalper eurchf stop loss53Stop loss distance
Scalper gbpchf take profit10Take profit distance
Scalper gbpchf stop loss75Stop loss distance
Scalper usdcad take profit10Take profit distance
Scalper usdcad stop loss58Stop loss distance
Scalper stealth modeTRUE
Scalper profit limit0.0
Scalper loss limit0.0
Scalper use custom levelsTRUE
Scalper relax hours0
Scalper simple height filterTRUE
Scalper trend filterTRUE
Scalper trade mondayTRUE
Scalper trade fridayFALSE
Scalper one trade0
Scalper one open tradeFALSE
Scalper reverse trade0
Scalper use filter maFALSE
Scalper period filter ma100Number of bars in the calculation
Scalper price filter ma0
Scalper method filter ma0
Scalper max spread5.0Maximum spread allowed to trade
Scalper slippage6Maximum slippage allowed when opening a trade
Scalper expert commentFapTurboScalperComment written on the orders
Scalper magic number12464336Magic number that tells this EA's orders apart

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Trailing Stop & Break-even · Risk & Lot Size · Scalping · Multi-Currency · RSI · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria