
Type
EA
Platform
MT4
Version
1.0
Category
Expert Advisor type
Date
4/21/2026
Pricing
Free
Description
Introduction
ARSHAKA Scalper EA V1.0 MT4 is an automated trading system designed for MetaTrader 4, focused on scalping strategies. It aims to capture small and frequent price movements in the market using fast execution and tight risk management.
Key Features
- Scalping-based trading strategy
- Fully automated trade execution
- Works on low timeframes (M1, M5)
- Tight stop loss and take profit levels
- Spread and execution filter
- Customizable lot size and risk settings
- Fast trade execution
- Backtesting and optimization support
Recommended Settings
- Risk Level: 0.5%–1% per trade
- Timeframe: M1 or M5
- Currency Pairs: EUR/USD, GBP/USD (low spread pairs)
- Lot Size: Small fixed lot
- Broker: Low spread ECN broker
- VPS: Highly recommended
Backtest Result
- High trade frequency with small profits
- Stable performance in low-spread conditions
- Sensitive to spread and execution speed
- Drawdowns possible during volatile spikes
Advantages
- High-frequency trading opportunities
- Fast profit capture from small movements
- Fully automated and time-saving
- Emotion-free trading execution
- Tight risk control per trade
Disadvantages
- Highly dependent on low spreads
- Requires fast execution and VPS
- Higher trading costs due to frequent trades
- Sensitive to market noise and spikes
- Not suitable for all brokers
Installation & Setup Guide
- Download EA file (.ex4 format)
- Open MT4 → File → Open Data Folder
- Go to MQL4 → Experts folder
- Paste EA file into folder
- Restart MT4 platform
- Attach EA to chart (M1/M5)
- Enable AutoTrading
- Configure risk and spread settings
- Monitor performance regularly.
Support & Disclaimer
Support
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
WhatsApp: Click here
Telegram Group: Join our community
Disclaimer:
Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.
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