Momods Night Scalper V3.02 Basic
From the Old Kings archive: Momods Night Scalper V3.02 Basic, an expert advisor (trading robot) for MetaTrader 4. Its name points to short scalping trades. The file name marks it as version 3.02. In the code it works with RSI and moving averages. It has a trading-hours filter, can size trades from your risk and is set up for scalping. It has 27 settings, for example EA Name (default Momods_Night_Scalper_v3.), C 1 (default Please Enter your own EA) and EA Comment. 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 · v3.02 · Free
About Momods Night Scalper V3.02 Basic
Momods Night Scalper V3.02 Basic is an expert advisor (trading robot) for MetaTrader 4 based on RSI and Moving Average. It trades only in the hours you set (time filter), can size trades from your balance and risk percent and is built for short scalping trades. It has 27 settings, such as Ea name, C 1 and Ea comment. MQL source code included.
It also works on several symbols at once.
Files in the download: Momods_Night_Scalper_V3.02_Basic.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 |
|---|---|---|
| Ea name | Momods_Night_Scalper_v3.02_Basic | |
| C 1 | Please Enter your own EA Comment below | |
| Ea comment | Comment written on the orders | |
| S 1 | If MAGIC=0, a unique value will be gener | |
| MAGIC | 0 | Magic number that tells this EA's orders apart |
| New trade | True | |
| S0 | ---------------------- | |
| Lot | 0 | Trade size in lots |
| Risk | 7.5 | Risk per trade (percent of balance) |
| Hide sl tp | False | |
| C0 | If Max_Spread = 0, EA will use internal | |
| Max spread | 0.0 | Maximum spread allowed to trade |
| S1 | ---------------------- | |
| Use auto time | True | |
| Gmt offset | 0 | |
| Use dst | FALSE | |
| S2 | ---------------------- | |
| Trade pause on loss | false | |
| P | Puase type: 1= Use Minutes, 2= Use Pips | |
| Pause type | 1 | |
| Trade pause minutes | 60 | |
| Trade pause pips | 20 | |
| S3 | ---------------------- | |
| Allow second open trade | false | |
| Distance | 12 | Distance between orders |
| Lot factor | 0.5 | |
| Show fractal levels | False |
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 · Time Filter · Risk & Lot Size · Multi-Currency · RSI · Moving Average · MT4 Expert Advisor · MQL4 Source Code