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SCALPING ROBOT MT4 – Full Input Settings Analysis
Scalping Robot is a high-level automatic trading software developed for the M1 timeframe to maximize fast trades on five major currency pairs. It deploys controlled execution with integrated risk management, suitable for traders who want precision and efficiency.
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Trade Settings
- TradeDirection: BuyAndSell – Initiates buy and sell trades.
- SAR: true – Applies Parabolic SAR indicator as entry/exit trade criteria.
- Lots: 0.01 – Invariant lot value per trade.
- Magic: 888777 – EA trade number.
- TradeComment: “Scalp EA” – Label for comment on the trade.
- EntryDistance: 30 – Minimum value (in points or pips, depending on EA settings) to initiate a new trade.
- TakeProfit: Automatic – TP is automatically calculated by the EA algorithm.
- StopLoss: Automatic – SL is automatically calculated by the EA algorithm.
- TrailingStop: Automatic – Automatic trailing stop is applied.
- maxOrders: 5 – Maximum of simultaneously open trades.
- DailyProfit: 0.0 – No fixed daily profit target.
- MaxDD [%]: 0.0 – No fixed maximum drawdown limit.
- Total SL [points]: 0 – No global stop loss for all deals.
Time Settings
- Trading24h: true – 24-hour trading allowed (except with time restriction).
- Monday–Friday: true – Trading allowed Monday through Friday.
- Daily Trading Hours:
- Monday: 02:00 – 22:00
- Tuesday: 08:00 – 22:00
- Wednesday: 08:00 – 22:00
- Thursday: 08:00 – 22:00
- Friday: 08:00 – 20:00
- TradingNonFarmFriday: true – Trading on Non-Farm Payroll days is allowed.
- TradingDuringHolidays (Dec 12 – Jan 12): true – Trading during holidays is allowed.
News Filter
- NewsFilter: true – Does not allow the news filter to trade on high-impact events.
- doNotTradeBeforeInMinutes: 60 – Does not allow trading 60 minutes before news.
- doNotTradeAfterInMinutes: 60 – Does not allow trading 60 minutes after news.
- Report for USD: true – Filters USD.
- Report for EUR: true – Filters EUR.
- Report for GBP/JPY: false – Does not filter GBP or JPY.