My4xScalper Gold
From the Old Kings archive: My4xScalper Gold, an expert advisor (trading robot) for MetaTrader 4. Its name points to gold (XAUUSD). In the code it works with RSI, moving averages, Momentum and an oscillator. It is set up for scalping. It has 23 settings, for example _______________ (default -------------- My4xScalp), ID STRATEGY (default 24816) and MIN PROFIT (default 2.0). 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 · v1.0 · Free
About My4xScalper Gold
My4xScalper Gold is an expert advisor (trading robot) for MetaTrader 4 based on RSI, Moving Average, Momentum and Oscillator. It is built for short scalping trades. It has 23 settings, such as _______________, Id strategy and Min profit. MQL source code included.
Files in the download: My4xScalper_GOLD~.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 |
|---|---|---|
| _______________ | -------------- My4xScalper EUR/USD M5 ve | |
| Id strategy | 24816 | |
| Min profit | 2.0 | |
| Def lots | 0.01 | |
| Max num buy | 2 | |
| Max num sell | 2 | |
| Expert level | 1 | |
| Additional position | TRUE | |
| Add position profit | 5 | |
| Add position sl | 0 | |
| Begin break hour | 6 | Hour when trading starts (server time) |
| End break hour | 9 | |
| Begin break hour 2 | 16 | Hour when trading starts (server time) |
| End break hour 2 | 18 | |
| Stop loss buy def | 0 | Stop loss distance |
| Stop profit buy def | 3.0 | |
| Stop loss sell def | 0 | Stop loss distance |
| Stop profit sell def | 3.0 | |
| Monday | TRUE | |
| Tuesday | TRUE | |
| Wednesday | TRUE | |
| Thursday | TRUE | |
| Friday | 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: Gold (XAUUSD) · Scalping · RSI · Moving Average · Momentum · Oscillator · MT4 Expert Advisor · MQL4 Source Code