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About This EA
Introduction
Nsiri Scalping EA V5.0 MT4 is an automated trading system designed for traders who prefer short-term, high-frequency trading. Built for the MetaTrader 4 platform, it focuses on capturing small price movements in the market using a scalping approach. The system aims to provide fast and consistent trade execution while minimizing emotional decision-making.
Key Features
- Fully automated scalping system
- Designed for low timeframe trading (M1, M5)
- Fast execution for quick market entries
- Built-in stop loss and take profit
- Adjustable lot size and risk settings
- Works best with low spread brokers
- Supports backtesting and optimization
Recommended Settings
- Timeframe: M1 or M5
- Currency Pairs: Major pairs or gold (XAUUSD)
- Risk Level: 1–2% per trade
- Lot Size: Fixed or auto based on balance
- Broker: ECN broker with low spreads
- VPS: Recommended for stable performance
Backtest Result (Overview)
- Shows consistent small gains over time
- Best performance during high liquidity sessions
- Moderate drawdowns during volatile spikes
- Results vary based on spread and execution speed
- More stable when conservative risk settings are used
Advantages
- High-frequency trading opportunities
- Fully automated and time-saving
- Eliminates emotional trading
- Fast execution improves entry accuracy
- Suitable for short-term trading strategies
Disadvantages
- Sensitive to spreads and slippage
- Requires fast execution environment
- Not effective in low volatility markets
- Risk of overtrading
- VPS often required for best results
Installation & Setup Guide
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Download the EA file (.ex4)
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Open MT4 → File → Open Data Folder
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Go to MQL4 → Experts
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Paste the EA file into Experts folder
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Restart MT4 platform
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Open M1 or M5 chart (preferred pair)
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Drag and drop EA onto chart
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Enable AutoTrading
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Adjust settings (lot size, risk, SL, TP)
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Allow automated trading permissions.
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.
Risk Warning
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