XMT Scalper Collection: Free MT4 Expert Advisor

Overview

The software implements a tick-scalping strategy that identifies reversals from channel breakouts using indicators such as Bollinger Bands and Moving Averages. It includes risk management features including automated lot sizing based on account risk percentages, hard stop losses, and trailing stops. The EA manages execution risks through maximum spread filters and volatility limits. While the README is minimal, the code includes detailed settings for ECN compatibility and slippage control.

Tick-based channel breakout strategy

Dynamic volatility and spread filters

Automated risk-based position sizing

Multi-indicator entry logic

Trailing stop and ECN mode support

Details

Input Parameters

Read from XMT-Scalper_v2.5.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`Configuration`	`string`	`==== Configura��o ====`
`ReverseTrade`	`bool`	`FALSE`	Se for verdade, ent�o o com�rcio na dire��o oposta
`Magic`	`int`	`-1`	Se definido para um n�mero menor do que 0 ele ir� calcular automaticamente Magic Number
`OrderCmt`	`string`	`XMT-Scalper 2.5`	coment�rios comerciais que aparece na guia Com�rcio e Conta Hist�ria
`ECN_Mode`	`bool`	`FALSE`	Verdade para os corretores que n�o aceitam SL e TP a ser enviada ao mesmo tempo que a ordem
`Debug`	`bool`	`FALSE`	Imprimir arquivos de log enormes com informa��es, apenas para fins de depura��o
`Verbose`	`bool`	`FALSE`	Additional information printed in the chart
`TradingSettings`	`string`	`==== configura��es comerciais ====`
`TimeFrame`	`ENUM_TIMEFRAMES`	`PERIOD_M1`	Negocia��o per�odo deve coincidir com o per�odo de tempo do gr�fico
`MaxSpread`	`double`	`30.0`	M�ximo permitido espalhados em pontos (1 / 10 pip)
`MaxExecution`	`int`	`0`	Max de tempo m�dio de execu��o em ms (0 means no restrictions)
`MaxExecutionMinutes`	`int`	`5`	Quantas vezes em minutos deve ordens falsas ser enviado para medir a velocidade de execu��o

Show all 40 inputs

Name	Type	Default	Description
`StopLoss`	`double`	`60`	Stop Loss de tantos pontos. padr�o 60(= 6 pips)
`TakeProfit`	`double`	`100`	Take Profit do maior n�mero de pontos. padr�o 100 (= 10 pip)
`AddPriceGap`	`double`	`0`	diferen�a de pre�o adicional em pontos adicionados ao SL e TP, a fim de evitar o erro 130
`TrailingStart`	`double`	`20`	Comece arrastando lucro a partir de tantos pontos.
`Commission`	`double`	`0`	Alguns corretor de contas da Comiss�o respons�vel em USD por 1,0 lote. Comiss�o no d�lar
`Slippage`	`int`	`3`	Desvio m�ximo permitido em pontos
`MinimumUseStopLevel`	`double`	`0`	n�vel m�nimo de paragem. Stoplevel usar ser� o valor m�ximo de qualquer esse n�vel de paragem corretor de valor ou
`VolatilitySettings`	`string`	`==== Configura��es de volatilidade ====`
`UseDynamicVolatilityLimit`	`bool`	`TRUE`	Calcule limitar a volatilidade baseada em INT (spread * Volatilidade Multiplicador)
`VolatilityMultiplier`	`double`	`125`	valor din�mico, usado somente se UseDynamicVolatilityLimit � definido como TRUE
`VolatilityLimit`	`double`	`180`	valor fixo, utilizado somente se UseDynamicVolatilityLimit est� definido para FALSE
`UseVolatilityPercentage`	`bool`	`TRUE`	Se for verdade, ent�o o pre�o deve sair mais de uma porcentagem espec�fica
`VolatilityPercentageLimit`	`double`	`0`	Percentagem de quanta diferen�a IHIGH-ILOW deve diferir limitar a volatilidade. 0 � arriscado, 60 significa um valor seg
`UseIndicatorSet`	`string`	`=== Indicators: 1 = Moving Average, 2 = BollingerBand, 3 = E`
`UseIndicatorSwitch`	`int`	`1`	Switch User indicators.
`Indicatorperiod`	`int`	`3`	Period in bars for indicators
`BBDeviation`	`double`	`2.0`	Deviation for the iBands indicator
`EnvelopesDeviation`	`double`	`0.07`	Deviation for the iEnvelopes indicator
`OrderExpireSeconds`	`int`	`3600`	Orders are deleted after so many seconds
`Money_Management`	`string`	`==== Money Management ====`
`MoneyManagement`	`bool`	`TRUE`	Se TRUE, ent�o, calcular Tamanho de lote automaticamente com base no risco, se False, em seguida, usar ManualLotsize aba
`MinLots`	`double`	`0.01`	Minimum lot-size to trade with
`MaxLots`	`double`	`100.0`	Maximum allowed lot-size to trade with
`Risk`	`double`	`2.0`	Risk setting in percentage, For 10.000 in Equity 10% Risk and 60 StopLoss lotsize = 16.66
`ManualLotsize`	`double`	`0.1`	Manual lotsize to trade with if MoneyManagement above is set to FALSE
`MinMarginLevel`	`double`	`100`	Lowest allowed Margin level for new positions to be opened.
`Screen_Shooter`	`string`	`==== Screen Shooter ====`
`TakeShots`	`bool`	`FALSE`	Save screen shots on STOP orders?

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone windli93/MQL4 from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.

3Copy the filesCopy the .mq4 file into Experts, and any .mqh files into the Include folder the code expects.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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XMT Scalper Collection

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