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Euro Scalper EA Source Code mq4 + Setfiles

SKU: Euro-Scalper-EA-Source-Code-mq4

Euro Scalper EA achieves 54-158% over 4-6 months via M1 grid scalping – live-verified on EURUSD with 14-21% drawdown on MT4

Original price was: $999.00.Current price is: $49.00.

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Description

Table of Contents

    Euro Scalper EA – High-Frequency EURUSD Scalping System

    Euro Scalper Pro EA is a grid-based automated scalping system designed exclusively for EURUSD trading on M1 timeframes using MT4 platform.

    Historical live tracking shows 54-158% gains over 4-6 month periods across multiple accounts, validated through MyFxBook monitoring with 14-21% maximum drawdown ranges.


    Key Highlights

    • High-frequency scalping: Targets 3-5 pip profits per trade with rapid position cycling on EURUSD M1 charts exclusively
    • Live verified performance: Multiple MyFxBook accounts demonstrate 54-158% gains over 4-6 months with 14-21% drawdown ranges
    • Grid + averaging strategy: Opens positions at breakout levels, uses grid system with lot multiplication to recover adverse moves
    • Configurable risk tiers: Adjustable lot sizes (0.01-0.10), position limits (MaxTrades: 31), and equity stops (TotalEquityRisk: 20%) let you control exposure
    • Copy trading integration: Built-in signal service allows automated trade replication from master accounts to your MT4 terminal

    Performance Results

    MetricValue
    Starting Capital€1,000.00
    Ending Balance€1,547.11
    Total Return+54.71%
    Trading PeriodFeb 5 – Jun 12, 2024 (4.2 months)
    Maximum Drawdown21.27%
    Euro Scalper Pro EA M1 M03 MyFxBook live signal showing 54.71% gain with 21.27% drawdown over 4 months February to June 2024
    Primary signal (Feb-Jun 2024) – 4.2 months tracking. View signal

    The 21% drawdown reflects the grid-averaging strategy holding multiple positions during adverse price moves. This occurs when EURUSD trends strongly against the initial entry direction, triggering sequential grid levels with increasing lot sizes via the 1.21 multiplier.

    Control exposure by starting with $500-1,000 capital per 0.01 lot, limiting MaxTrades to 15-20 positions (vs default 31), and setting TotalEquityRisk to 10-15% for earlier forced closures. Expect 15-25% typical drawdown with conservative settings and 3-6 week recovery periods during ranging conditions.

    Past performance does not guarantee future results. Grid strategies face account risk during sustained directional moves exceeding position limits.

    Euro Scalper EA MyFxBook signal showing 157.84% gain with 14.77% drawdown but account blown to $0.60 after withdrawals
    ⚠️ Historical signal (2020-2021) – Account depleted after $27,973 withdrawals despite 158% peak gains. View signal
    Euro Scalper Lite MyFxBook signal showing 423.52% gain with 21.01% drawdown but account reduced to $0.21 after withdrawals
    ⚠️ Historical signal (2020-2021) – Account depleted after withdrawals. Demo test 90+ days mandatory before live use. View signal

    How It Works

    Strategy: Grid-based scalping on EURUSD M1 timeframe targeting 3-5 pip profits, exploiting intraday breakout volatility with position averaging during retracements

    Entry: Opens positions at potential breakout levels using 1-pip range triggers, filtered by daily range limits and news event avoidance

    Exit: Closes individual positions at 34-pip take profit or exits entire grid when Hidden_TP (500-pip cumulative target) or Daily_Target ($100 default) reached

    Risk Control: Fixed or multiplied lot sizing (1.21 factor), maximum 31 concurrent positions, optional 20% equity stop, adjustable step distance (21 pips between grid levels)

    ✅ Best conditions: Ranging EURUSD markets • Low spread ECN brokers (<1 pip) • Stable execution speeds • Asian/London overlap sessions

    ⚠️ Caution: Strong trending moves beyond grid capacity • High spread periods (>2 pips) • Major news events • Friday close with open positions

    Euro Scalper EA MT4 input parameters showing lot 0.01, multiplier 1.21, take profit 34, step 21, max trades 31 settings
    Standard setup – $200 minimum / moderate risk profile
    Euro Scalper EA MT4 settings showing lot 0.10, multiplier 1.21, take profit 34, equity stop enabled parameters
    Aggressive setup – $1,000+ capital / higher exposure tolerance

    Technical Specifications

    SpecificationRequirement
    PlatformMT4 build 1380+ (MT5 version available)
    Currency PairsEURUSD only
    TimeframeM1 (1-minute chart mandatory)
    Minimum Deposit$200 cent account / $500 standard (high risk)
    Recommended Deposit$1,000-2,000 (safer grid tolerance)
    Leverage1:200 minimum, 1:500 preferred
    Broker TypeECN/NDD required, raw spread <1 pip average
    VPSHighly recommended (24/5 uptime critical)

    This EA is MT4 focused. Need MT5 platform? Browse MT5 alternatives


    Who Should Use This EA

    ✅ Ideal for:

    • Active scalpers with $1,000-2,000 capital comfortable monitoring positions during grid drawdowns
    • Traders experienced with grid/averaging strategies who understand lot multiplication risks and position management
    • VPS users able to maintain 24/5 operation with ECN broker accounts offering <1 pip raw spreads

    ✅ Best results when:

    • Demo testing 60-90 days first to verify broker compatibility and observe maximum concurrent positions during adverse moves
    • Using Conservative setup (0.01 lot per $1,000, MaxTrades limited to 15-20) for smaller accounts under $2,000

    Download Package Includes

    ✅ Euro Scalper Pro EA file (.mq4 for MT4 – source code)
    ✅ Preset setfiles: Conservative.set (0.01 lot), Aggressive.set (0.10 lot) for 4-digit and 5-digit broker compatibility
    ✅ Installation guide covering broker requirements, VPS setup, and parameter optimization

    Product download link sent immediately via email after purchase


    Frequently Asked Questions

    >>> Curated/Reviewed by Steven Cohen (Founder).

    ⚠️Risk Disclaimer:

    Forex trading and EAs carry high risk of loss. Only invest what you can afford to lose. Past performance does not guarantee future results. 70-90% of retail traders lose money.

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