PM Scalper Pro EA V2 V3.10 MT4

Introduction

PM Scalper Pro EA V2 V3.10 MT4 is an automated Expert Advisor designed for the MetaTrader 4 (MT4) platform. The system focuses on short-term trading opportunities by analyzing market movements and executing trades automatically according to predefined algorithm rules. By monitoring price changes and market momentum in real time, the EA attempts to capture small price movements without requiring constant manual supervision.

Key Features

• Fully automated trading system for MetaTrader 4.
• Scalping strategy designed to capture small and frequent price movements.
• Continuous market monitoring and signal detection.
• Automatic buy and sell trade execution.
• Built-in risk management including stop loss and take profit.
• Customizable trading parameters such as lot size and risk level.
• Automatic trade management after positions are opened.
• Designed to operate continuously while MT4 remains active.

Recommended Settings

• Recommended timeframe: M5 or M15 for short-term trading.
• Suitable for major forex pairs with low spreads.
• Use low to moderate risk settings depending on account size.
• Start with small lot sizes to manage trading exposure.
• Use brokers with fast execution and tight spreads.
• Running the EA on a VPS server is recommended for stable operation.

Backtest Result

Backtesting of PM Scalper Pro EA V2 V3.10 evaluates the EA using historical market data. Backtest reports typically demonstrate how the EA identifies short-term trading opportunities, opens trades automatically, and manages positions according to predefined risk parameters. Actual performance may vary depending on market conditions, broker execution, and EA configuration.

Advantages

• Automated trading reduces the need for constant chart monitoring.
• Fast trade execution allows quick response to short-term market movements.
• Built-in risk management helps control potential losses.
• Scalping strategy allows multiple trading opportunities during active sessions.
• Customizable settings allow traders to adjust risk levels and parameters.

Disadvantages

• Automated trading systems cannot guarantee profits.
• Scalping strategies are sensitive to spreads and broker execution speed.
• Requires MetaTrader 4 to remain active for continuous operation.
• Market volatility and sudden price movements may affect performance.
• Incorrect settings may increase trading risk.

Installation & Setup Guide

1. Download the EA file in .ex4 or .mq4 format.

2. Open MetaTrader 4 and select File → Open Data Folder.

3. Go to MQL4 → Experts folder.

4. Copy and paste the EA file into the Experts folder.

5. Restart MetaTrader 4 or refresh the Navigator panel.

6. Locate the EA under Navigator → Expert Advisors.

7. Open a chart for the desired trading pair.

8. Drag the EA onto the chart.

9. Adjust the EA settings according to your preferences.

10. Enable AutoTrading to activate the EA.

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.