GhostScalper EA V9.0 MT4 | Scalping EA Download - MetaTrader 4 Resources

introduce

GhostScalper EA V9.0 is an automated foreign exchange trading tool suitable for the MetaTrader 4 platform, mainly designed for scalping strategies. Its purpose is to capture small but frequent price movements in the market and automatically execute trades based on technical indicators and price action patterns. EAs are suitable for both beginners and experienced traders looking for a time-efficient and efficient way to trade while minimizing emotional bias.

Main features

• Automatic scalping strategy for short-term trading.
• A proprietary algorithm using technical indicators such as EMA, RSI, and entry and exit points.
• Customizable trading parameters including lot size, stop loss, take profit and trading time.
• Built-in risk management: daily drawdown limits, maximum risk per trade.
• Optional news filter to avoid high volatility events.
• Compatible with most MT4 brokers offering tight spreads.
• Can run on VPS for uninterrupted 24/7 trading.
• Backtesting capabilities evaluate performance on historical data.

Recommended settings

• Time frame: M1, M5 or M15 chart.
• Currency pairs: EUR/USD, GBP/USD, USD/JPY.
• Lot size: adjusted based on account balance; use small batches for testing.
• Stop Loss/Take Profit: Configurable; medium values ​​recommended for first time use.
• Risk per trade: 1-3% of account balance.
• Trading Hours: Active during London/New York trading hours for best spreads.
• News Filter: Ability to avoid trading during major economic events.

Backtest results

• Currency pair: EUR/USD, timeframe: M5
• Period: Past 6 months
• Profit coefficient: ~1.8
• Maximum drawdown: ~12%
• Total Transactions: 450
• Win rate: ~68%

advantage

• Automate trading and eliminate emotional decision-making.
• Continue to implement scalping strategies.
• Time Saving: Continuous transactions without manual monitoring.
• Built-in risk management tools protect account capital.
• Beginner-friendly setup with customizable parameters.
• Can run on VPS for uninterrupted performance.

shortcoming

• Sensitive to broker spreads and slippage.
• If market conditions change, high-frequency trading may result in the withdrawal of funds.
• Requires monitoring and occasional parameter adjustments.
• Over-optimization risk: Past performance may not guarantee future results.
• It is less effective when the market fluctuates violently.

Installation and Setup Guide

1. Download EA files ( .ex4 or .mq4 ) from trusted sources.
2. Open MT4, go to File → Open Data Folder → MQL4 → Expert .
3. Copy the EA file to the expert folder.
4. Restart MT4 or refresh the Navigator panel.
5. Open the chart of your preferred currency pair.
6. Drag and drop the EA onto the chart.
7. Configuration settings: lot size, stop loss, take profit, risk per trade, trading hours.
8. Enables automated trading and allows real-time trading in EA settings.
9. Before using a real account, start with a demo account to monitor performance.

Product screenshots