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Hi Tech Scalper V2.mq4 2

From the Old Kings archive: Hi Tech Scalper V2.mq4 2, an expert advisor (trading robot) for MetaTrader 4. Its name points to short scalping trades. The file name marks it as version 2. In the code it works with RSI. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 21 settings, for example _ (default ===== Volume ===========), Lots Size (default 0.0) and __ (default ------------------------). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 · v2 · Free

About Hi Tech Scalper V2.mq4 2

Hi Tech Scalper V2.mq4 2 is an expert advisor (trading robot) for MetaTrader 4 based on RSI. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 21 settings, such as _, Lots size and __. MQL source code included.

It also can size trades from your balance and risk percent and is built for short scalping trades.

Files in the download: HiTechScalper V2.mq4.

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

Settings

SettingDefaultWhat it does
_===== Volume ===========================
Lots size0.0
__----------------------------------------
Lots per10000.3
Min lots0.01
Max lots60.0
___===== Protection =======================
Def max spread1.3Maximum spread
_____===== Confirmation =====================
Filter185Candle Filter in Point
Bb param23BB settings
Rsi param18RSI settings
Rsi buy level50.0RSI Buy Level
Rsi sell level50.0RSI Sell Level
Def sl3.0Stop loss in pips
Distance trailing2.1Trailing stop distance in pips
Start trailing3.0Trailing stop start in pips
Slippage3Maximum Price Slippage
______===== More =============================
My magic number68000Magic number that tells this EA's orders apart
AuthorHi-Tech Scalper

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 · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · RSI · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria