Logic Scalper EA V1.0 MT4

Introduction

Logic Scalper EA V1.0 MT4 is an automated trading system designed for the MetaTrader 4 platform. It focuses on scalping by capturing small price movements through fast and precise trade execution.

Key Features

• Fully automated scalping strategy
• High-speed trade execution
• Built-in stop-loss and take-profit
• Customizable lot size and risk settings
• Works on multiple currency pairs
• Continuous market monitoring
• Backtesting and optimization support

Recommended Settings

• Timeframe: M1 or M5
• Currency Pairs: Major pairs (EURUSD, GBPUSD, USDJPY)
• Risk Level: 1% to 2% per trade
• Lot Size:
  • Small accounts: 0.01 fixed
  • Larger accounts: balance-based sizing
• Broker: Low spread and fast execution required
• VPS: Recommended for stable performance

Backtest Result

• High number of trades with small profit targets
• Moderate to high win rate depending on settings
• Drawdown varies based on risk configuration
• Performs best under low spread and stable market conditions

Advantages

• Fast and efficient trade execution
• Removes emotional decision-making
• Generates frequent trading opportunities
• Suitable for scalping strategies
• Customizable and flexible settings

Disadvantages

• No guaranteed profits
• Highly dependent on broker conditions
• Sensitive to spread and slippage
• Requires monitoring and proper setup
• Can face losses during high volatility

Installation & Setup Guide

1. Download the EA file (.ex4)
2. Open MetaTrader 4
3. Go to File → Open Data Folder
4. Navigate to MQL4 → Experts
5. Paste the EA file into the Experts folder
6. Restart MT4
7. Drag the EA onto a chart
8. Enable AutoTrading
9. Adjust input settings (risk, lot size, etc.)
10. Test on a demo account before live use.

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.