Osa Scalper Pips EA V1.0 MT4

Introduction

Osa Scalper Pips EA V1.0 for MetaTrader 4 is an automated forex trading system designed to perform high-frequency scalping. It focuses on capturing small price movements in short timeframes, executing trades quickly and efficiently without manual intervention. The system is suitable for traders who want a disciplined, rule-based approach to trading while minimizing emotional decision-making.

Key Features

• Automated scalping strategy

  • Executes multiple short-term trades within minutes

  • Targets small but frequent profits

• Multi-indicator confirmation

  • Uses technical indicators to validate trade entries

  • Reduces false signals and improves accuracy

• Fast execution engine

  • Opens and closes trades quickly

  • Optimized for low-latency environments

• Built-in risk management

  • Includes stop-loss and take-profit

  • Helps control losses and secure profits

• Customizable parameters

  • Adjustable lot size, risk level, and trading filters

  • Suitable for different trading styles

• Low timeframe compatibility

  • Works best on M1 and M5 charts

  • Designed for fast-paced market conditions

Recommended Settings

• Timeframe

  • M1 or M5 for best scalping performance

• Currency pairs

  • EURUSD, GBPUSD, USDJPY (low spread pairs recommended)

• Lot size

  • Fixed small lot or risk-based (1–2% per trade recommended)

• Broker type

  • ECN or Raw spread broker

• VPS usage

  • Strongly recommended for 24/7 stable trading

• Trading sessions

  • London and early New York session preferred

Backtest Result

• Shows consistent small gains over time under ideal conditions
• Performs best in low-spread and stable market environments
• Drawdowns may occur during high volatility or news events
• Results depend heavily on broker quality and settings
• Backtests are generally optimized for specific pairs and timeframes, so live results may vary

Advantages

• Fully automated trading reduces manual effort
• Eliminates emotional decision-making
• High trade frequency increases opportunities
• Easy to install and configure
• Works well in stable, low-spread conditions
• Suitable for beginners and passive traders

Disadvantages

• Sensitive to spread and broker execution speed
• Performance can drop during news or high volatility
• Risk of drawdowns in unfavorable conditions
• Requires VPS for best performance
• Not a guaranteed profit system

Installation & Setup Guide

1. Download the EA file (.ex4 or .mq4)

2. Open MetaTrader 4

3. Go to File → Open Data Folder → MQL4 → Experts

4. Paste the EA file into the Experts folder

5. Restart MT4

6. Enable AutoTrading

7. Drag and drop the EA onto a chart

8. Adjust input settings (lot size, risk, SL/TP)

9. Enable “Allow Live Trading”

10. Test on 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.