Scalp Exp03 All Ver24
Scalp Exp03 All Ver24 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. As the name suggests, the idea behind it is short scalping trades. This copy is version 24. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 13 settings, for example Take Profit (default 15), Stop Loss (default 100) and Lots (default 1.0). 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 Scalp Exp03 All Ver24
Scalp Exp03 All Ver24 is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 13 settings, such as Take profit, Stop loss and Lots. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: ScalpExp03All_ver24.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 |
|---|---|---|
| Take profit | 15 | Take profit distance |
| Stop loss | 100 | Stop loss distance |
| Lots | 1.0 | Trade size in lots |
| Trailing stop | 10 | Trailing stop distance or switch |
| Per | 14 | |
| Mgod | 2005 | |
| Ttime | 60 | |
| M1 | 0 | |
| Zap | 15 | |
| Msec | 45 | |
| Pause | 450 | |
| Mlot | 1.0 | |
| Use mg | true |
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 · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code