Scalper 2011 2
From the Old Kings archive: Scalper 2011 2, an expert advisor (trading robot) for MetaTrader 4. Its name points to short scalping trades. It places pending orders and can size trades from your risk. It has 4 settings, for example Take Profit (default 3), Lotos (default 0.01) and Risk (default 0.01). 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 Scalper 2011 2
Scalper 2011 2 is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders and can size trades from your balance and risk percent. It has 4 settings, such as Take profit, Lotos and Risk. MQL source code included.
Files in the download: Scalper 2011.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 | 3 | Take profit distance |
| Lotos | 0.01 | 0.05; |
| Risk | 0.01 | Risk per trade (percent of balance) |
| Market watch | 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 · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code