The MACD 1 Min Scalper Metatrader 4 Forex Robot is an automated trading software that utilizes two moving averages and the MACD technical indicator on a 1-minute time frame.
The main idea behind this scalper forex robot is to scalp the market for small successive profits that can cumulate into big profits via the use of its algorithm.
The expert advisor has a logic that triggers a large number of trades per day, with marginal loss-making.
Remarkably, the EA is a self-learning and self-updating forex robot that adjusts itself to current market conditions.
To add to this, the MACD 1 Min Scalper robot can also be adopted on medium terms trends.
Feel free to experiment with the EA’s input values.
Strategy Tester Report
Find below the MACD 1 Min Scalper forex robot strategy tester report for the EUR/USD forex pair on the 1-Minute chart.
The EA made a total profit of $946.11 from a total of 32 trades. The largest winning trade generated $96.33 in profits, while the largest losing trade generated a loss of-$4.00.
Bars in test: 9542 ticks modelled
Initial deposit: $10000.00
Total net profit: $946.11
Total trades: 32
Largest profit trade: $96.33
Largest loss trade: -$4.00
Consecutive wins: 31
Consecutive losses: 1
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, Fast MA, Slow MA, TakeProfit
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Copy and paste the MACD 1 MIN 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)