Forex Robots HF Scalping EURUSD, AUDUSD
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Forex Robots HF Scalping EURUSD, AUDUSD. Judging by its name, it is built around short scalping trades. In the code it works with moving averages. It places pending orders, moves the stop behind price and can size trades from your risk. It has 15 settings, for example Stop Loss (default 20.0), ped Scalping Limit (default 39.0) and pes Order Comment (default HF Scalp). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Forex Robots HF Scalping EURUSD, AUDUSD
Forex Robots HF Scalping EURUSD, AUDUSD is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 15 settings, such as Stop loss, Ped scalping limit and Pes order comment. MQL source code included.
It also has a news filter and is built for short scalping trades.
Files in the download: HF-Scalp-fast-8.0.mq4, KeltnerChannel_v1.mq4, readme.pdf.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Stop loss | 20.0 | Stop loss distance |
| Ped scalping limit | 39.0 | |
| Pes order comment | HF Scalp | Comment written on the orders |
| Indicator | ---------------- KeltnerChannel params-- | |
| Ma period | 3 | Period or timeframe used by the calculation |
| Ma mode | 3 | |
| Price mode | 3 | |
| Atr period | 10 | Period or timeframe used by the calculation |
| K | 1.0 | |
| Atr mode | FALSE | |
| Gd volume | 0.1 | |
| Gb money management | FALSE | |
| Ped min lot | 0.01 | |
| Ped max lot | 10.0 | |
| Ped risk | 10.0 | Risk per trade (percent of balance) |
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 · EURUSD · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · News Trading · Moving Average · MT4 Indicator · MQL4 Source Code