Fxscalper Ecn
Fxscalper Ecn — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses Bollinger Bands. It moves the stop behind price and is set up for scalping. It has 6 settings, for example Speed (default 5), MM (default 1) and Take Profit (default 150). Watch it on a demo account for a while — robots can behave differently with each broker. 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 Fxscalper Ecn
Fxscalper Ecn is an expert advisor (trading robot) for MetaTrader 4 based on Bollinger Bands. It moves the stop loss behind price (trailing stop / break-even) and is built for short scalping trades. It has 6 settings, such as Speed, MM and Take profit. MQL source code included.
Files in the download: fxscalper_ecn.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 |
|---|---|---|
| Speed | 5 | BB periods |
| MM | 1 | ?? nobiide grafikam no aktuaalaas cenas (vizuaali) |
| Take profit | 150 | Take profit distance |
| Stop loss | 200 | Stop loss distance |
| Trailing stop | 0 | Trailing stop distance or switch |
| Lots | 0.1 | Trade size in lots |
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 · Bollinger Bands · MT4 Expert Advisor · MQL4 Source Code