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Stochastic & Parabolic Scalper Metatrader 4 Forex Robot

The Stochastic & Parabolic Scalper Metatrader 4 Forex robot is also known as the 15 minute scalper forex robot.

It is an expert advisor that deploys the Stochastic & Parabolic indicators in delivering buy/sell market entry and exit signals.

As a scalping forex indicator, the Stochastic & Parabolic Scalper forex expert advisor is designed to make incremental profits over a short time period.

Over time, these little profits can add up to significant amounts and can prove to be quite money-spinning for currency traders.

You may choose to use this EA on any currency pair but its preferred time frame is the 15 Minutes chart.

Although as a scalping auto trading strategy, the 1-minute and 5-minute chart can also be adopted.

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Strategy Tester Report

Find below the Stochastic & Parabolic Scalper forex robot strategy tester report for the EUR/USD forex pair on the 15-Minute chart.

Overall Performance

The EA made a total profit of $2168.85 from a total of 183 trades. The largest winning trade generated $325.50 in profits, while the largest losing trade generated a loss of-$110.65.


Bars in test: 26808 ticks modelled

Initial deposit: $10000.00

Total net profit: $2168.85

Total trades: 183

Largest profit trade: $325.50

Largest loss trade: -$110.65

Consecutive wins: 4

Consecutive losses: 1


Download the “STOCHASTIC&PARABOLIC 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: Stochastic | Parabolic


Copy and paste the STOCHASTIC&PARABOLIC 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)