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Expert: AlgoScalpPro v2.6_nodll.ex4 (Unlocked MT4 Build 1420+), NO MANUAL.
Advanced Scalper Expert Advisor with Loss Recovery System
This Expert Advisor is designed as a precision scalper equipped with a smart loss recovery system. It has been rigorously tested on real market data from 2010 to the present, covering a variety of market conditions and periods. (Earlier periods are less relevant due to historically large spreads and high volatility.)
Realistic Testing Environment
Using professional simulation software, the EA accounts for:
Realistic spreads including extensions
Market delays simulating actual trade execution and stop orders
True slippage based on delays: 100–150 ms for pending orders, 200–300 ms for market orders
These factors help ensure test results closely mirror live trading performance.
Key Features
Always uses stop loss on every trade
Does not use Martingale, grid, or hedging strategies
Loss recovery increases lot size only once per recovery cycle
Fully compliant with FIFO rules
Recommended for EURUSD pair on H1 timeframe
Risk Recommendations by Leverage (Recovery Mode)
Leverage | Max Risk Setting |
---|---|
1:500 | 25 |
1:200 | 10 |
1:100 | 5 |
1:50 | 2.5 |
1:30 | 1.5 |
Important Notes
When using Recovery mode, the EA writes data to a file named
"Name of the file recovery"
.If you restart the EA as a first launch or switch accounts, change this file name to avoid data conflicts.
If you need assistance with this, feel free to contact me via private message.
Broker and Setup Recommendations
Use an ECN/STP broker
Minimum stop loss level: 0–1 pips
Spread: 0–5 pips (5-digit pricing recommended)
Run the EA on a reliable VPS server for optimal performance