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Golden Scalper EA

From the Old Kings archive: Golden Scalper EA, an expert advisor (trading robot) for MetaTrader 4. Judging by its name, it is built around short scalping trades. It has a news filter. It has 23 settings, for example Important1 (default Use default setting with), Important2 (default Use on any time frame. B) and Demo Info (default To use it in demo make s). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 Golden Scalper EA

Golden Scalper EA is an expert advisor (trading robot) for MetaTrader 4. It has a news filter. It has 23 settings, such as Important1, Important2 and Demo info. MQL source code included.

Files in the download: GOLDEN SCALPER EA.mq4.

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

Settings

SettingDefaultWhat it does
Important1Use default setting with leverage 1:500!
Important2Use on any time frame. But do NOT move b
Demo infoTo use it in demo make sure you open a d
CurrencyGold and Any Currency Pairs
Ea setting------ EA Setting ------
Max spreads points1000Maximum spread allowed to trade
Automatic calculate magicTRUEMagic number that tells this EA's orders apart
Enabel ecn brokerTRUE
Enable 5 digit brokerTRUE
Keep tradingTRUE
Hidden pending setting------ Hidden Pending Setting ------
Hidden pending distane pips10
Close pending if not in tradeTRUE
Close pending after minutes0.3
Profit settings ----- Trarget Profit and S
Total profit target0.01
Total profit step target0.01Distance between orders
Keep trade open0
Lot settings ----- Lots size & Auto Lot
Lot size0.1Trade size in lots
Max lot90.0
Auto lotFALSE
Amount per base lot15.0

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: Scalping · News Trading · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria