Connect EA Source Code V3.4.2 + Setfiles

Connect EA v3.4.2 – MT4 Asian Session Scalper for GBPUSD, USDJPY, USDCHF, USDCAD

Connect EA v3.4.2 is an MT4 Expert Advisor built for Asian session scalping on GBPUSD, USDJPY, USDCHF, and USDCAD using M5 charts during the 22:00–01:00 GMT window. Available performance data comes from MT4 Strategy Tester backtests covering February to April 2025. Public live verification through Myfxbook, FXBlue, or MQL5 Signals is not included on this page at this time.

Key Highlights

• ✅ Runs on MT4 (Build 1422+) across four pairs: GBPUSD, USDJPY, USDCHF, USDCAD on M5
• ✅ Trades only during the 22:00–01:00 GMT Asian session window
• ✅ Built-in spread filter (max 5 pips) and slippage filter (max 1 pip) documented in EA parameters
• ✅ Presets available at 2%, 5%, and 10% risk levels for all four pairs — 12 preset files included
• ✅ Minimum deposit $100; $500 or higher recommended for stable risk management at the 2% preset

Performance Results

All available figures come from MT4 Strategy Tester runs on GBPUSD M5, covering February to April 2025 across four deposit configurations ($100, $500, $1,000, and $2,000). Results are consistent across runs: win rates of 79–81%, profit factors of 6.70–7.72, and maximal drawdown between 23.93% and 27.48%. The consistency across deposit sizes reflects the proportional scaling of the percentage-based risk presets.

These backtests use MT4’s control-point modeling method. MT4 itself labels this approach “a very crude method” and states “the results must not be considered” as definitive. Control-point testing does not simulate real tick behavior, spread variation, or execution slippage — all of which affect a night scalper directly. These figures provide a behavioral reference for how the EA structures trades and manages exits, not a projection of live returns.

Maximal drawdown across all runs sits in the 24–27% range. On a $100 account at higher risk settings, a drawdown event of that magnitude can be account-threatening. Start at the 2% risk preset, use a low-spread ECN MT4 broker, and run on a demo account for at least 90 days before committing live capital. Do not size lots beyond what your balance can absorb through a 27%+ equity dip without triggering a margin call.

The proof shown here should be treated as backtest/screenshot evidence, not public live verification. We recommend demo validation before live use.

How It Works

Strategy: Asian session night scalping on GBPUSD, USDJPY, USDCHF, and USDCAD. The EA trades M5 charts exclusively during the 22:00–01:00 GMT window, targeting the lower-spread, lower-volatility overnight period when price tends to range within tighter boundaries.

Entry: Entry logic is not explicitly documented in the available setup materials. The EA places orders from M5 chart signals within the defined session window, subject to spread and slippage filters clearing before any order is placed.

Exit: Fixed take profit of 20 pips and fixed stop loss of 65 pips per trade. The asymmetric TP/SL ratio means the EA relies on win rate rather than reward-to-risk ratio to generate positive expectancy — validate this behavior closely during demo testing.

Risk Control: Percentage-based risk with presets at 2%, 5%, and 10%. Default RISK setting is 2.0% per trade. Max spread of 5 pips and max slippage of 1 pip are enforced as entry filters. Whether the EA uses any position-stacking or martingale recovery is not confirmed in the available materials — monitor open trade behavior during demo testing carefully.

✅ Best conditions: Low-spread MT4 broker • Stable VPS with reliable GMT timing • Asian session with spread below 5 pips on all active pairs

⚠️ Caution: High-spread brokers during news events • Sessions with spread spikes above the 5-pip filter threshold • Brokers with variable spreads during Asian session rollover

Technical Specifications

Who Should Use This EA

✅ Ideal for:

• MT4 traders who want a session-specific, hands-off overnight EA running on a VPS during the Asian window
• Traders already using a low-spread ECN broker on GBPUSD, USDJPY, USDCHF, or USDCAD
• Traders comfortable starting conservatively at the 2% risk preset and scaling only after demo validation

✅ Best results when:

• Running on a broker with consistent sub-5-pip spreads on all four pairs during Asian session hours
• Demo-tested for at least 90 days before switching to a live account
• Account balance is $500 or higher to provide cushion against the documented drawdown range

This EA is not suited for traders who require publicly verified live performance before purchasing, or who cannot maintain a VPS during the 22:00–01:00 GMT window. Browse our full MT4 Expert Advisor catalog or explore other Forex EA options if your setup differs.

Download Package Included

• ✅ Experts:
  • CONNECT EA v3.4.2.ex4 and CONNECT EA v3.4.2.mq4 (MT4)
• ✅ Presets:
  • 12 preset files covering all four pairs (GBPUSD, USDJPY, USDCHF, USDCAD) at 2%, 5%, and 10% risk levels
  • GBPUSD_Mindep$100_Risk2%.set
  • GBPUSD_Mindep$100_Risk5%.set
  • GBPUSD_Mindep$100_Risk10%.set
  • USDJPY_Mindep$100_Risk2%.set
  • USDJPY_Mindep$100_Risk5%.set
  • USDJPY_Mindep$100_Risk10%.set
  • USDCHF_Mindep$100_Risk2%.set
  • USDCHF_Mindep$100_Risk5%.set
  • USDCHF_Mindep$100_Risk10%.set
  • USDCAD_Mindep$100_Risk2%.set
  • USDCAD_Mindep$100_Risk5%.set
  • USDCAD_Mindep$100_Risk10%.set

Product download link is sent immediately via email after purchase.