The Especulador EA Scalper for Metatrader 4 is a proprietary Forex scalping robot that’s well optimized for the EUR/USD currency pair.
The expert advisor takes advantages of rapid changes identified in the shorter-term trends.
By default, the open trades are protected by a stop loss and take profit.
From our back test, the EA made $8783 in one year on the EUR/USD 15-minute chart ($500 initial deposit).
The Especulador EA can be used with any Forex broker and should perform the best when attached to the M15 chart.
As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Free Download
Download the “Especulador Scalper.ex4” expert advisor
Strategy Tester Report
Find below the Especulador EA Scalper track record for the EUR/USD M15 chart (click on the picture for full size view).
- Total profit: $8783.96
- Profit factor: +1.32
- Profit in pips: 1671
- Drawdown: 29.87%
Download This Expert Advisor
Download the “Especulador Scalper.ex4” EA
Recommendations & Specifications
- Trading instruments: Any currency pair (preferred EUR/USD)
- Time frames: Any (preferred M5 and M15 chart)
- Minimum account balance: $150
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
Chart Example
The picture below shows the Especulador EA expert advisor attached to the EUR/USD 15-minute chart.
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Magic, balance lot, risk, stop pips, target pips, close day, slippage, trade buy, trade sell
How to install and run the Especulador EA Scalper?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the Especulador Scalper.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the Especulador EA!