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XMT SCALPER EA MT4 – Full Input Settings Analysis
XMT Scalper EA is a sophisticated Expert Advisor (EA) tailored for the MetaTrader 4 platform. Specializing in scalping strategies, this EA is designed to execute rapid and precise trades to exploit short-term market fluctuations. It capitalizes on sudden and significant price movements to enter trades, subsequently employing a trailing stop loss to secure substantial profits as the market retraces. The effectiveness of XMT Scalper EA has been validated through extensive testing, showcasing reliable and impressive performance across diverse market conditions.
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Configuration (General Settings)
- OrdCnt: 1 → Max 1 open order at a time
- ECN_Mode: False → ECN mode off (some brokers require TP/SL-free execution on entry)
- Debug / Verbose: False → No verbose logging (lighter performance)
- VirtualStops: True → SL/TP virtually managed (hidden from broker to avoid stop hunting)
- VirtualPendingOrders: False → Pending orders are not virtual
Trade Settings
- Max Spread: 30.0 → Will only trade if spread ≤ 30 points (≈3 pips on 5-digit broker)
- Max Execution Time: 5 seconds (order execution time limit)
- Take Profit: 10.0 points (≈1 pip)
- Stop Loss: 60.0 points (≈6 pips)
- Trailing Stop Activation: Starts at +6 points profit
- Commission: 0.0 (no commission added)
- Slippage: 3 points maximum allowed
- Dynamic Volatility Limit: On
- Volatility Multiplier: 125.0
- Volatility Limit: 180.0
- Volatility % Limit: 60% (EA skips trading if volatility is excessive)
- Bollinger Bands Filter: On
- Deviation: 1.5
- Order Expiry: 3600 seconds (1 hour for pending orders)
Money Management
- Auto Money Management: True
- Min Lot: 0.01
- Max Lot: 100.0
- Risk per Trade: 2.0%
- Manual Lot Size: 0.1 (used if auto MM is disabled)
Screen Capture (Monitoring)
- Screen Shooter: True (feature enabled)
- TakeShots: False (currently off)
- DelayTicks: 1
- ShotsPerBar: 1 (screenshot settings if enabled)