Fx Chaos Scalp EA
From the Old Kings archive: Fx Chaos Scalp EA, an expert advisor (trading robot) for MetaTrader 4. Its name points to short scalping trades. In the code it works with moving averages, fractals and ZigZag. It moves the stop behind price and has a trading-hours filter. It has 2 settings, for example Take Profit (default 13) and d Lots (default 0.01). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 4 indicator 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 · v1.0 · Free
About Fx Chaos Scalp EA
Fx Chaos Scalp EA is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average, Fractals and ZigZag. It moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 2 settings, such as Take profit and D lots. MQL source code included.
Files in the download: FX-AO.mq4, FX-CHAOS_SCALP.mq4, lookme.jpg, ZIGZAG-FRACTALS.mq4, zzf.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 |
|---|---|---|
| Take profit | 13 | Take profit distance |
| D lots | 0.01 |
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 · Trailing Stop & Break-even · Time Filter · Moving Average · Fractals · ZigZag · MT4 Indicator · MQL4 Source Code