ScalperXIV EA V1.0 MT4 | Scalping EA Download - MetaTrader 4 Resources

introduce

ScalperXIV EA V1.0 for MetaTrader 4 is an automated trading system designed to perform high-frequency scalping on shorter time frames. It focuses on capturing tiny price movements using algorithm-based decision-making, allowing traders to execute trades without human intervention. The system is designed to operate continuously, applying predefined entry, exit and risk management rules.

Main features

• Fully automated trade execution
• Scalping strategy optimized for M1 and M5 time frames
• Multi-indicator confirmation of entry signals
• Built-in stop loss and take profit system
• Adjustable lot size and risk percentage
• Spread and volatility filtering
• Trailing stop for profit protection
• Optional news filter to avoid high impact events
• Backtesting Compatibility in MT4
• Time-based transaction control

Recommended settings

Conservative settings

• Risk per trade: 1%
• Time frame: M5
• Currency pairs: EUR/USD, GBP/USD
• Small batch size
• News filter: enabled

Balance settings

• Risk per trade: 2–3%
• Time frame: M1 or M5
• Moderate batch sizes
• News filter: enabled
• Default stop loss and take profit

positive setting

• Risk per trade: 5% or higher
• Time frame: M1
• larger batch size
• News filter: optional
• Only suitable for high risk tolerance

Backtest results

• Show consistent small profits over time under stable conditions
• Since the take-profit target is smaller, the winning rate is higher
• Retracements occur when:
  • high volatility spikes
  • Sideways or choppy markets
• The result depends largely on:
  • broker spread
  • Execution speed
  • Quality of data used in testing

NOTE: Due to slippage and actual market conditions, backtest results may differ significantly from live trading.

advantage

• Save time with automation
• Eliminate emotional trading decisions
• Fast execution suitable for scalping
• Customizable risk management
• Beginner-friendly setup
• Works with multiple currency pairs
• Can run continuously without supervision

shortcoming

• Highly dependent on broker conditions
• Performance varies with market conditions
• No guaranteed profit
• Requires stable internet or VPS
• High transaction frequency increases costs
• Backtest results may not match live performance
• Sensitive to major news events

Installation and Setup Guide

1. Download EA file (.ex4 or .mq4)
2. Open MT4 and go to File → Open Data Folder
3. Put files into MQL4 → Expert
4. Restart the MT4 platform
5. Drag and drop the EA onto the chart
6. Enable automated trading
7. Adjust input settings (risk, lot size, stop loss/take profit)
8. Make sure live trading is allowed
9. Test on a demo account before going live.

Product screenshots