Free Momods Night Scalper
Free Momods Night Scalper is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its name points to short scalping trades. Its source code uses RSI and moving averages. It can size trades from your risk, has a news filter and is set up for scalping. It has 40 settings, for example EA Configuration (default ==== EA Configuration ==), EA Comment and Magic (default 0). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 12 EA 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 Free Momods Night Scalper
Free Momods Night Scalper is an expert advisor (trading robot) for MetaTrader 4 based on RSI and Moving Average. It can size trades from your balance and risk percent, has a news filter and is built for short scalping trades. It has 40 settings, such as Ea configuration, Ea comment and Magic. MQL source code included.
It also works on several symbols at once.
Files in the download: FMNS Manual.pdf, Free_Momods_Night_Scalper_v0.9.2_(v3.02).mq4, Free_Momods_Night_Scalper_v0.9.4_(v3.02).mq4, Free_Momods_Night_Scalper_v0.9.5_(v3.02).mq4, Free_Momods_Night_Scalper_v0.9.6_(v3.02).mq4, Free_Momods_Night_Scalper_v0.9.7_(v3.02).mq4, Free_Momods_Night_Scalper_v0.9.8_(v3.02).mq4, Free_Momods_Night_Scalper_v0.9.9b_(v3.02).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 |
|---|---|---|
| Ea configuration | ==== EA Configuration ==== | |
| Ea comment | Comment written on the orders | |
| Magic | 0 | Magic number that tells this EA's orders apart |
| Magic key | Magic number that tells this EA's orders apart | |
| Time settings | ==== Time settings ==== | |
| Auto gmt | true | |
| Gmt offset | 0 | |
| History uses dst | false | |
| Trade on friday | false | |
| Money management | ==== Money Management ==== | |
| Lot size | 0.0 | Trade size in lots |
| Risk | 0.0 | Risk per trade (percent of balance) |
| Trade settings | ==== Trade settings ==== | |
| New trade | true | |
| Max spread | 0.0 | Maximum spread allowed to trade |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Hide sl tp | false | |
| Allow second open trade | false | |
| Distance | 12.0 | Distance between orders |
| Lot factor | 0.5 | |
| Trade pause on loss | false | |
| Pause comment | Pause type: 1= Use Minutes, 2= Use Pips | Comment written on the orders |
| Pause type | 1 | |
| Trade pause minutes | 60 | |
| Trade pause pips | 20.0 | |
| Eye candy | ==== Eye Candy ==== | |
| Show fractal levels | false | |
| Pro settings | ==== PRO Settings ==== | |
| Auto config | true | |
| STPSL | ---------------------- | |
| Take profit | 60.0 | Take profit distance |
| Stop loss | 50.0 | Stop loss distance |
| SHRS | ---------------------- | |
| Gmt open hour | 20 | |
| Gmt close hour | 23 | |
| Gmt friday hour | 15 | |
| SCCI | ---------------------- | |
| Use cci | false | |
| Cci period | 10 | Period or timeframe used by the calculation |
| Cci entry | 200 |
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 · Risk & Lot Size · News Trading · Multi-Currency · RSI · Moving Average · MT4 Expert Advisor · MQL4 Source Code