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1 Minute Scalper Metatrader 4 Forex Robot

    The 1 Minute Scalper Metatrader 4 Forex Robot is an automated forex trading software that takes advantage of 13 moving averages.

    Essentially, its use of multiple moving averages in formulating a logic that scans the market for buy/sell trade signals ensures that such alerts are increasingly accurate.

    Just as the name suggests, it is a scalping algorithm that works finest on the 1-minute time frame on major forex pairs like the GBP/USD, EUR/USD, USD/CHF, USD/CAD, etc. as well as stocks listed on NASDAQ.

    The risk involved with trading this automated trading system is the spread.

    Therefore, the 1-minute Scalper expert advisor should be deployed only on forex pairs that have relatively tight spreads, for instance EUR/USD, USD/JPY and GBP/USD.

    Free Download

    Download the “1 MINUTE SCALPER.mq4” MT4 robot

    Strategy Tester Report

    Find below the 1 Minute Scalper forex robot strategy tester report for the GBP/USD forex pair on the 1-Minute chart.

    Overall Performance

    The EA made a total profit of $605.44 from a total of 13 trades. The largest winning trade generated $357.27 in profits, while the largest losing trade generated a loss of-$0.00.

    Statistics:

    Bars in test: 8519 ticks modelled

    Initial deposit: $10000.00

    Total net profit: $605.44

    Total trades: 13

    Largest profit trade: $357.27

    Largest loss trade: -$0.00

    Consecutive wins: 13

    Consecutive losses: 0

    Download

    Download the “1 MINUTE SCALPER.ex4” Metatrader 4 robot

    MT4 Forex Robot Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: Expert advisor

    Input Parameters: Enable “no loss,” When to move break even, How much pips to move sl, Lots size, MaimumRisk, DecreaseFactor, TrailingStop, Stop Loss, MagicNumber, TakeProfit

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

    Type: MA

    Installation

    Copy and paste the 1 MINUTE SCALPER.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.

    You can access this folder from the top menu as follows:

    File > Open Data Folder > MQL4 > Experts (paste here)

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