About the Luxor Expert Advisor
The Luxor Forex Scalping robot for Metatrader 4 is a fully automated trading robot optimized for M5 and M15 charts that profited +359.76% in 7 months.
The expert advisor is based on a mix of technical indicators, and it opens multiple buy/sell orders in the direction of the shorter-term trend.
Every trade is secured by a stop loss and take profit order, and you can customize the EA to suit your preferences.
For instance, you can customize profit management, order management, and advanced order management (EA inputs).
It’s recommended to deploy this scalper EA on the lower spread currency pairs for full profit potential.
As always, please test the Luxor EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Free Download
Download the “Luxor Robot trading scalping.ex4” expert advisor
Key Features
Ultra-Fast Scalping Logic
Executes quick market entries using precise price-action triggers designed for tight timeframes with minimal slippage.
Adaptive Lot Sizing
Dynamically adjusts trade volume based on account balance and volatility to manage exposure and optimize return.
Spread & Slippage Filtering
Blocks trades when spreads exceed thresholds or slippage conditions are unfavorable, improving execution quality.
Smart Exit Strategy
Uses optimized stop-loss and take-profit levels, with optional trailing logic, to close trades swiftly at favorable prices.
Time-Based Control
Restricts trading to high-liquidity sessions, helping avoid low-volume hours and volatile news-release periods.
MyFXBook Trading Results
Find below the detailed Luxor Forex Scalping EA track record for 7 months of trading activity (click on the picture for full-size view).
Key Points
- Gain: +359.76%
- Daily gain: 0.83%
- Monthly gain: 28.29%
- Drawdown: 22.88%
Demo and live MyFXBook reports demonstrate consistent gains with short-term scalping discipline.
In a recent 60-day demo test, the account achieved roughly 6–8% profit with minimal drawdown (~1–2%).
These figures illustrate Luxor’s ability to generate steady scalping returns; however, demo testing remains essential before deploying live.
Trading Chart
The picture below shows the Luxor Forex Scalping expert advisor attached to the EUR/USD 5-minute trading chart.
How the EA Works
- Monitors configured pairs on low timeframes (e.g., M1, M5) for high-probability scalping patterns.
- Verifies that spread and slippage conditions meet execution criteria before entry.
- Calculates lots dynamically based on volatility, account size, and risk framework.
- Places orders with optimized stop and take-profit points; trailing logic optionally protects profits.
- Shuts trading outside permitted hours or during volatile market conditions.
Download Now
Download the “Luxor Robot trading scalping.ex4” EA
Parameters & Settings
- MaxSpread (max spread filter in pips)
- SlippageLimit (maximum allowed slippage)
- RiskPercentPerTrade (percentage of account equity)
- LotMode (fixed or dynamic)
- StopLoss_pips
- TakeProfit_pips
- UseTrailing (true/false)
- TrailingStart (pips)
- TrailingStep (pips)
- TradingStartHour / TradingEndHour
Recommended Trading Setup
- Focus on major currency pairs (e.g., EURUSD, GBPUSD) on M1–M5 charts.
- Use ultra-low-spread accounts and fast execution—VPS recommended.
- Begin with a demo balance and test performance under live ticking conditions.
- Limit account risk to under 1% per trade during initial tests.
- Avoid trading during major economic data releases or low-liquidity timeframes.
FAQ
Is Luxor suitable for ultra-short-term scalping?
Yes—Luxor is specifically engineered for rapid, low-latency scalping on M1 and M5 timeframes.
Can it run on all forex pairs?
Primarily major pairs with tight spreads. Exotic currencies may be less optimal due to higher slippage and spread.
Do I need a VPS?
A VPS with low latency is highly recommended for consistent order execution and to minimize slippage in fast markets.
Summary
The Luxor Forex Scalping Robot MT4 is a high-speed scalping EA built for traders who want swift, efficient trade execution.
Offering adaptive lot sizing, spread filters, and robust exit logic, it aims to capture quick market moves with minimal risk.
Download the free version, test it rigorously on a demo, and adjust settings to match your account, strategy, and risk tolerance.
