Scalper MA Exp
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Scalper MA Exp. Judging by its name, it is built around moving averages and short scalping trades. It places pending orders, has a trading-hours filter and is set up for scalping. It has 13 settings, for example Ma Metod (default 3), Ma Period (default 80) and Signal (default FALSE). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 2 EA files 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 MA Exp
Scalper MA Exp is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, trades only in the hours you set (time filter) and is built for short scalping trades. It has 13 settings, such as Ma metod, Ma period and Signal. MQL source code included.
Files in the download: Scalper_MA_Exp.ex4, Scalper_MA_Exp.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 |
|---|---|---|
| Ma metod | 3 | |
| Ma period | 80 | Period or timeframe used by the calculation |
| Signal | FALSE | |
| FALSE | ||
| Step | 5 | Distance between orders |
| Bars color up | Red | Colour on the chart |
| Bars color down | MediumBlue | Colour on the chart |
| Magic | 123 | Magic number that tells this EA's orders apart |
| Lot | 0.1 | Trade size in lots |
| Take profit | 40 | Take profit distance |
| Stop loss | 20 | Stop loss distance |
| Hour open | 0 | |
| Hour close | 24 |
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 · Moving Average · Pending Orders · Time Filter · MT4 Expert Advisor · MQL4 Source Code