EURO Scalper EA V1.0 MQ4

Ever wanted to build your own forex bot but didn’t know where to start? Well, here’s your golden entry point—the EURO Scalper EA V1.0 Source Code for MT4 is now available 100% free, with editable MQ4 format.

Designed specifically for EURUSD scalping on M1 and M5, this EA comes packed with a clean strategy logic that’s easy to understand, customize, and improve. Whether you’re just getting into MQL4 development or a seasoned EA tweaker, this code offers the perfect base for your own high-frequency bot.

What Is EURO Scalper EA V1.0?

• No martingale
• No grid
• No excessive drawdown
• Just pure scalping logic built for tight spreads

Key Features of EURO Scalper Source Code

• MQ4 Format – Fully editable and clean code
• Optimized for EURUSD – Best performance on M1 and M5 timeframes
• Non-Martingale Strategy – Zero risky multipliers
• Includes TP, SL, and Trailing Logic – With adjustable inputs
• Session Filter Option – Time-based filter available for low-spread sessions
• No Third-Party Indicators – All logic coded internally
• Low Spread-Friendly – Ideal for ECN/STP brokers
• Built for High-Frequency Scalping – Quick profit exits
• Customizable Risk Settings – Percentage-based or fixed lot
• Perfect for Coders and Manual Tweakers – Add filters, indicators, or custom logic
• Prop Firm Ready – With proper tuning, can fit FTMO/MFF rules
• Free for Life – No license, no expiration

Inside the Code: Strategy Overview

• Entry:
  → Trend confirmation using fast/slow EMA crossover
  → Optional RSI overbought/oversold condition
  → Volatility filter to avoid flat markets

• Exit:
  → Fixed TP and SL
  → Optional trailing stop for runners
  → Emergency close if spread exceeds threshold

• Risk:
  → Fixed lots or dynamic risk % based on balance
  → Built-in spread protection and time filter

The code is modular, so developers can plug in new logic like:

• Indicator buffers
• Custom candle patterns
• ATR-based stop loss
• News filter integrations

Performance Snapshot (Default Logic)

• Pair: EURUSD
• Timeframe: M5
• Period: Jan 2022 – Jan 2024
• Initial Deposit: $1,000
• Net Profit: ~$1,480
• Drawdown: ~5.8%
• Win Rate: ~72%
• Profit Factor: 1.6

How to Use the Source Code

Step 1: Download the EA

???? Download EURO Scalper EA V1.0 MQ4

Step 2: Open in MetaEditor

• Launch MetaTrader 4
• Go to Tools → MetaQuotes Language Editor
• Open the downloaded .mq4 file

Step 3: Compile the Code

• Click “Compile”
• The .ex4 file will generate automatically
• Fix any warnings if needed (minimal in this code)

Step 4: Attach EA to EURUSD Chart

• Open EURUSD on M1 or M5
• Enable AutoTrading
• Set your preferred risk, TP/SL, and filters

Step 5: Customize (Optional)

• Add your own logic: indicators, custom filters, news handling, etc.
• Re-compile the EA after each change

What Can You Build With This?

???? Add Moving Average Filter – Only trade above or below 200 EMA
???? Insert MACD or CCI Confirmation – Prevents bad entries
???? Add Prop-Firm Drawdown Guard – Equity-based stop-outs
???? Link with Telegram Alerts – For manual confirmation
???? Turn into a Gold/Indices Bot – Change logic for XAUUSD or NAS100

Why Trust YoForex Shared Source Codes?

• ✅ Backtested
• ✅ Community-verified
• ✅ Easy to modify
• ✅ No locks, no DLLs, no cracked junk

Support & Disclaimer

• ???? Join our Telegram group
• ???? Contact us on WhatsApp

Disclaimer:
This EA is for educational use. Modify and demo test before using live. YoForex is not liable for any losses from edited versions.

Ready to Code Your Own Scalping Bot?

Get your hands on a working MQ4 EA and start customizing today.

???? Click to download EURO Scalper EA V1.0 MQ4
???? 100% free. Unlimited use. Ideal for developers and trading educators.

YoForex – empowering traders worldwide, one free tool at a time.