Tick Scalper V3.44
Tick Scalper V3.44 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is short scalping trades. This copy is version 3.44. Its source code uses RSI. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 40 settings, for example Expert Name (default TickScalper_v3.44), Magic (default 642342) and Slippage (default 3). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 3 EA files with source code (.mq4) you can open and edit in MetaEditor and 5 settings files (.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 · v3.44 · Free
About Tick Scalper V3.44
Tick Scalper V3.44 is an expert advisor (trading robot) for MetaTrader 4 based on RSI. 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 40 settings, such as Expert name, Magic and Slippage. MQL source code included.
It also can size trades from your balance and risk percent and is built for short scalping trades.
Files in the download: DetailedStatement TickScalper_v3.44 EU M1 moremoresafe.gif, DetailedStatement TickScalper_v3.44 EU M1 moresafe.gif, DetailedStatement TickScalper_v3.44 EU M1 risky.gif, DetailedStatement TickScalper_v3.44 EU M1 safe.gif, DetailedStatement TickScalper_v3.44 EU M1 supermoresafe.gif, SpreadoMeter_v1.ex4, TickSmoother_v2.1.ex4, moremoresafe.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 |
|---|---|---|
| Expert name | TickScalper_v3.44 | |
| Magic | 642342 | Magic number that tells this EA's orders apart |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Main data | Trade Volume & Trade Method | |
| Lots | 0.1 | Trade size in lots |
| Max orders | 10 | Maximum number of open trades |
| Take profit | 0.0 | Take profit distance |
| Profit target | 0.0 | |
| Min profit | 1.0 | |
| Profit mode | 0.0 | |
| Stop loss | 100.0 | Stop loss distance |
| Trailing mode | 2 | Trailing stop distance or switch |
| Trailing stop | 0.0 | Trailing stop distance or switch |
| Stop deviation | 1.0 | |
| Break even | 0.0 | Move the stop to break-even |
| Pips lock | 0.0 | |
| Exit mode | 10 | |
| Max spread | 0.0 | Maximum spread allowed to trade |
| Ecn mode | 1 | |
| Reverse logic | 0 | |
| Time inputs | Timing parameters | |
| Main time frame | -1 | Period or timeframe used by the calculation |
| Start hour | 6 | Hour when trading starts (server time) |
| Start minute | 0 | |
| End hour | 22 | Hour when trading stops (server time) |
| End minute | 0 | |
| Mon start hour | 8 | Hour when trading starts (server time) |
| Mon start minute | 0 | |
| Fri end hour | 18 | Hour when trading stops (server time) |
| Fri end minute | 0 | |
| Non trade day | 0 | |
| Close time mode | 0 | |
| Close hour | 24 | |
| Close minute | 0 | |
| Fri close hour | 20 | |
| Fri close minute | 55 | |
| Process time | 3.0 | |
| Ts inputs | TickSmoother parameters: | |
| Ts time frame | -1 | Period or timeframe used by the calculation |
| Ts price | 0 |
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 · RSI · MT4 Expert Advisor · MQL4 Source Code