Jabrix Scalper 1.2.mq4
Jabrix Scalper 1.2.mq4 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around short scalping trades. It moves the stop behind price, can size trades from your risk and is set up for scalping. It has 12 settings, for example Configuration (default ==== Configuration ====), Magic (default 20102002) and Stop Loss (default 3). 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 Jabrix Scalper 1.2.mq4
Jabrix Scalper 1.2.mq4 is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even), can size trades from your balance and risk percent and is built for short scalping trades. It has 12 settings, such as Configuration, Magic and Stop loss. MQL source code included.
Files in the download: JabrixScalper_1.2.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 |
|---|---|---|
| Configuration | ==== Configuration ==== | |
| Magic | 20102002 | Magic number that tells this EA's orders apart |
| Stop loss | 3 | Stop loss distance |
| Trailing | 2 | Trailing stop distance or switch |
| Max spread | 2.0 | Maximum spread allowed to trade |
| Manual lotsize | 0.1 | |
| Money management | ==== Money Management ==== | |
| Money management | TRUE | |
| Risk | 5 | Risk per trade (percent of balance) |
| Jabrix performance | ==== Jabrix Performance Setting ==== | |
| Scalp factor | 8 | |
| Snipper factor | 3.0 |
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 · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code