Introduction

Marlin Scalp EA V1.7 MT4 is an automated trading system developed for the MetaTrader 4 platform. It is designed as a short-term scalping solution that aims to capture small, rapid price movements in the Forex market. The EA focuses on fast execution, tight risk management, and structured entry logic while eliminating emotional decision-making through automation.

Key Features

Fully automated scalping strategy
Optimized for lower timeframes such as M1 or M5
Fast trade execution
Tight stop-loss and take-profit settings
Adjustable lot sizing (fixed or percentage-based)
Spread filtering mechanism
Equity and drawdown protection options
Multi-pair compatibility (if configured)
VPS-compatible for stable 24/5 operation
Customizable input parameters

Recommended Settings

Recommended configuration may vary depending on broker conditions and account size, but general guidelines include:

Timeframe: M1 or M5
Preferred Pairs: Major pairs with low spreads (EURUSD, GBPUSD, USDJPY)
Risk Per Trade: 0.5%–1.5% for conservative scalping
Lot Mode: Auto lot based on risk percentage
Max Spread: Use a low-spread ECN broker
VPS: Strongly recommended for low-latency execution

Always forward test on a demo account before going live.

Backtest Result

Backtesting may typically indicate:

High trade frequency during active market sessions
Better performance in high-liquidity conditions
Moderate drawdown under conservative risk settings
Sensitivity to spread and slippage
Reduced efficiency during low-volatility or ranging periods

Live results depend heavily on broker execution and market conditions.

Advantages

Designed for short-term profit opportunities
Fully automated execution
Reduces emotional trading errors
Tight risk management structure
Adjustable parameters for flexibility
Suitable for traders preferring active strategies
Time-efficient for busy traders

Disadvantages

Highly dependent on spread and execution speed
Requires low-latency VPS for optimal results
Frequent trading increases transaction costs
May struggle during low-volatility conditions
Requires monitoring despite automation
No guaranteed profitability

Installation & Setup Guide

Download the Marlin Scalp EA V1.7 file (.ex4 or .mq4).
Open MetaTrader 4.
Click File → Open Data Folder.
Open the MQL4 folder and then the Experts folder.
Paste the EA file into the Experts folder.
Restart MT4.
Enable AutoTrading from the toolbar.
Open your preferred currency pair and set the recommended timeframe.
Drag the EA from the Navigator panel onto the chart.
Adjust input settings according to your risk preference and click OK.

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.