Introduction

This MT4-based automated trading system is designed for scalping, focusing on capturing small price movements in short timeframes. It operates using predefined algorithms to analyze market conditions, execute trades quickly, and manage risk efficiently. The system is suitable for traders seeking a fast, disciplined, and automated approach to short-term forex trading.

Key Features

Fully automated trading with no manual intervention required
High-speed execution optimized for scalping strategies
Precision-based entry logic using short-term trends and momentum
Built-in risk management with stop loss and take profit
Spread and execution filters for better trade conditions
Trade management features such as trailing stop and break-even
Session-based trading (London and New York sessions)
VPS compatible for continuous operation
Supports backtesting and optimization on MT4

Recommended Settings

Timeframe: M1 or M5
Use on major currency pairs with low spreads
Risk per trade: 1% to 2% of account balance
Use ECN or raw spread broker
Enable spread filter to avoid high-cost trades
Use VPS for stable and uninterrupted performance
Start with conservative lot size for safety

Backtest Result

Shows consistent performance under optimized historical conditions
Typically demonstrates controlled drawdown with proper settings
High trade frequency with small profit targets
Results depend on broker data quality and spread conditions
Past performance does not guarantee future results

Advantages

Fast execution ideal for scalping
Eliminates emotional trading decisions
Consistent rule-based trading approach
Saves time by automating analysis and execution
Works well in high-liquidity sessions
Built-in risk management helps protect capital

Disadvantages

Highly dependent on broker conditions (spread, slippage, execution)
Performance may decline in low volatility markets
Requires VPS for optimal performance
Frequent trading increases transaction costs
No guarantee of profits; losses are possible
Requires proper setup and monitoring

Installation & Setup Guide

Install MetaTrader 4 and log in to your account
Go to File → Open Data Folder
Navigate to MQL4 → Experts
Copy the EA file into the Experts folder
Restart MT4
Open chart (M1 or M5 timeframe)
Attach the EA to the chart
Configure settings (risk, lot size, SL/TP)
Enable AutoTrading
Monitor performance on demo 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.