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Scalping Enslaver EA MT4 – Full Input Settings Analysis
Scalping Enslaver EA is a professional-grade trading robot for the MT4 platform, specializing in scalping strategies, particularly with XAUUSD and other major currency pairs. Its Setfile feature contains customized settings to optimize performance in various market conditions. Operating on autopilot, it suits traders of all levels and can be used for private trading or within Prop Firms.
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General Settings
- Magic Number: 2206555 – Magic number to distinguish EA trades from manual or other EA trades.
- Comments: “Scalping Enslaver” – Order comment for identification.
- Initial Lot: 0.01 – Initial lot size of the first trade in a cycle.
- Max Trades (Cycle): 13 – Maximum trades per cycle.
- Min Profit: 0.002 – Minimum profit to close all trades in a cycle.
- Distance: 20 – Order spacing (in pips or points as per EA settings).
- Max Steps: 20 – Grid/martingale sequence maximum steps.
- Lot Exponent: 1.2x – Lot size multiplier for each next trade in the martingale sequence.
- Max Spread: 200 – Maximum allowed spread (which is equal to 2.0 pips if 1 pip = 100 points).
- Break Time (Minute): 0 – No delay between opening trades.
Money Management Settings
- Use AutoLot: true – Auto calculate lot size based on account balance.
- Balance Per Initial Lot: 10,000 USD / 0.01 lot.
- Balance Per Cycle: 200 USD – Minimum capital for one trading cycle.
- Maximum Lot (AutoLot): 10.25 – Maximum lot size limit for using AutoLot.
- SetMM Plus: false – No additional increment of lot size beyond AutoLot calculation.
- % Target Day: 50% – Daily profit target as a percentage of the account balance.
- SetMM Risk Loss: false – Percentage risk limit is turned off.
- % Risk Loss: 50% – Maximum drawdown permitted when risk limit is turned on.
Strategy Settings
- Strategies: Buy & Sell Rotating – Rotate buy and sell positions to offset exposure.
- Use Average Bar: true – Use average candle price to calculate trade signals.
- How Bar: 100 – Candles to use for averaging.
- Eng Bar: 1.0 – Minimum candle size to produce a trade signal.
- Use EMA: false – EMA filter is disabled.
- EMA Fast / Medium / Low: 5 / 8 / 13 – EMA settings (if enabled).
News Filter Settings
- News Filter: true – Enable news filter to avoid trading during high-impact news.
- Filter News By Currencies: Apply only to USD (current trading symbol).
- Filter By Volatility: Do not trade news events with a 2-star rating and higher.
- Update Interval: 60 minutes – Refresh news data every 60 minutes.
- Hours Stop Trading Before & After News: 2 hours – Pause trading 2 hours before and after major news.
- Server Time Offset: UTC – No time offset.
- Allow Panel At Chart Right: false – Do not display the control panel on the chart right.