True Scalper V11 Sergey
True Scalper V11 Sergey — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Judging by its name, it is built around short scalping trades. This copy is version 11. Its source code uses RSI and moving averages. It can size trades from your risk and handles several symbols. It has 8 settings, for example Lots (default 0.1), Sergey Force Profit (default 3) and Take Profit (default 44). Watch it on a demo account for a while — robots can behave differently with each broker. 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 · v11 · Free
About True Scalper V11 Sergey
True Scalper V11 Sergey is an expert advisor (trading robot) for MetaTrader 4 based on RSI and Moving Average. It can size trades from your balance and risk percent and works on several symbols at once. It has 8 settings, such as Lots, Sergey force profit and Take profit. MQL source code included.
Files in the download: True Scalper V11 Sergey.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 |
|---|---|---|
| Lots | 0.1 | Trade size in lots |
| Sergey force profit | 3 | |
| Take profit | 44 | Take profit distance |
| Stop loss | 90 | Stop loss distance |
| Rsi pos | 50 | |
| Rsi neg | 50 | |
| Slippage | 2 | Maximum slippage allowed when opening a trade |
| Abandon | 101 |
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 · Risk & Lot Size · Multi-Currency · RSI · Moving Average · MT4 Expert Advisor · MQL4 Source Code