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Jabrix Scalper For Insta 3

From the Old Kings archive: Jabrix Scalper For Insta 3, an expert advisor (trading robot) for MetaTrader 4. Judging by its name, it is built around short scalping trades. It moves the stop behind price and can size trades from your risk. It has 11 settings, for example Stop Loss (default 3), trailling (default 4) and timediffer (default 7.0). 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 Jabrix Scalper For Insta 3

Jabrix Scalper For Insta 3 is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 11 settings, such as Stop loss, Trailling and Timediffer. MQL source code included.

Files in the download: JabrixScalperForInsta(1).mq4.

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

Settings

SettingDefaultWhat it does
Stop loss3Stop loss distance
Trailling4Trailing stop distance or switch
Timediffer7.0
Max spread4.0Maximum spread allowed to trade
Manual lotsize0.1
Insta ruletrue
Close after3
Money managementfalse
Risk5Risk per trade (percent of balance)
Safety modeFALSE
Magic06101987Magic number that tells this EA's orders apart

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 · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria