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5 Minute Scalper Metatrader 4 Forex Robot

    The 5 Minute Scalper Metatrader 4 Forex Robot utilizes a retracement strategy as a means of triggering buy/sell market autopilot market signals.

    The 5 Minute Scalper forex robot works best on the 5-minute time frame and any low spread currency pair to maximize performance.

    Therefore, the EA is best suited for trading the EUR/USD pair, asides other major currency pairs like GBP/USD, USD/CAD, USD/JPY and USD/CHF.

    Fast and slow moving averages have also been integrated into the code of the expert advisor.

    Modifying the values of the inputs variables, irrespective of the selected broker, implies greater flexibility.

    Free Download

    Download the “5MIN SCALPING.mq4” MT4 robot

    Strategy Tester Report

    Find below the 5 Minute Scalper forex robot strategy tester report for the EUR/USD forex pair on the 5-Minute chart.

    Overall Performance

    The EA made a total profit of $2858.19 from a total of 119 trades. The largest winning trade generated $222.51 in profits, while the largest losing trade generated a loss of-$315.78.


    Bars in test: 32533 ticks modelled

    Initial deposit: $10000.00

    Total net profit: $2858.10

    Total trades: 119

    Largest profit trade: $221.51

    Largest loss trade: -$315.78

    Consecutive wins: 4

    Consecutive losses: 2


    Download the “5MIN SCALPING.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, MaximumRisk, DecreaseFactor, TrailingStop, Stop Loss, MagicNumber, Fast MA, Slow MA, TakeProfit

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

    Type: MA


    Copy and paste the 5MIN SCALPING.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)

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