Scalp Net V1 1 .3 Tf
From the Old Kings archive: Scalp Net V1 1 .3 Tf, an expert advisor (trading robot) for MetaTrader 4. As the name suggests, the idea behind it is short scalping trades. The file name marks it as version 1.1. In the code it works with MACD and moving averages. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 16 settings, for example Magic Number (default 0), Each Tick Mode (default False) and Lots (default 0.1). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 2 EA files with source code (.mq4) you can open and edit in MetaEditor and 1 settings file (.set). 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 · Free
About Scalp Net V1 1 .3 Tf
Scalp Net V1 1 .3 Tf is an expert advisor (trading robot) for MetaTrader 4 based on MACD and Moving Average. 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 16 settings, such as Magic number, Each tick mode and Lots. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: Scalp_net_v1.3.2_tf.mq4, Scalp_net_v1.3_tf.mq4, scalp_net3.set.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Magic number | 0 | Magic number that tells this EA's orders apart |
| Each tick mode | False | |
| Lots | 0.1 | Trade size in lots |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Stop loss mode | True | Stop loss distance |
| Stop loss | 100 | Stop loss distance |
| Take profit mode | True | Take profit distance |
| Take profit | 100 | Take profit distance |
| Trailing stop mode | True | Trailing stop distance or switch |
| Trailing stop | 30 | Trailing stop distance or switch |
| Maximum risk | 0.15 | Risk per trade (percent of balance) |
| Decrease factor | 3 | |
| Max orders | 3 | Maximum number of open trades |
| From hour trade | 8 | |
| To hour trade | 18 | |
| Use hour trade | 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 · MACD · Moving Average · MT4 Expert Advisor · MQL4 Source Code