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Multi Lot Scalper 2 2

From the Old Kings archive: Multi Lot Scalper 2 2, an expert advisor (trading robot) for MetaTrader 4. As the name suggests, the idea behind it is short scalping trades. It moves the stop behind price, has a trading-hours filter and can size trades from your risk. It has 25 settings, for example EA NAME (default EA PRVJ), Email to buy (default Email fxbestea@gmail.com) and Hours Start (default 20). 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 Multi Lot Scalper 2 2

Multi Lot Scalper 2 2 is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even), trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 25 settings, such as Ea name, Email to buy and Hours start. MQL source code included.

Files in the download: Multi Lot Scalper (1).mq4.

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

Settings

SettingDefaultWhat it does
Ea nameEA PRVJ
Email to buyEmail fxbestea@gmail.comTurn this alert on or off
Hours start20
Hours end7
Lots0.1Trade size in lots
Max lots100
Max spread3Maximum spread allowed to trade
Stop loss100Stop loss distance
Take profit10.00Take profit distance
Trailing stop5.00Trailing stop distance or switch
Max trades5Maximum number of open trades
Pips5
Secure profit10
Account protection1
Ordersto protect3
Reverse condition0
Eurusd pip value10
Eurgbp pip value10
Gbpusd pip value10
Usdchf pip value7.94
Usdjpy pip value9.03
Mm0
Risk12Risk per trade (percent of balance)
Accountis normal0
Time zoneof data0

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 · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria