Technical Indicators for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
MT4 Version: https://www.mql5.com/en/market/product/141828
MT5 Version: https://www.mql5.com/en/market/product/141829
"Lightning Scalper" is a breakout Expert Advisor designed for fast entries, controlled risk, and simple setup. It works by placing virtual pending levels above and below the current price, then executing a market order when the level is touched.
Key Features
Breakout Engine: Executes BUY/SELL when the price crosses the PO Distance.
Auto Lot (MM): Optional automatic lot sizing based on account balance.
Spread Filter: Blocks entries if spread exceeds MaxSpread.
Trailing System: Dynamic trailing stop with adjustable start and step.
Time Filter: Trade only within your preferred sessions.
Magic Number & Comment: Safe for multi-symbol and multi-chart trading.
Recommended Use
Timeframe: M1–M5 (scalping).
Symbols: Major FX pairs, XAUUSD.
Brokers: ECN/low spread accounts with fast execution.
Inputs
Lots / UseMM / Ketahanan – order sizing.
MaxSpread – maximum allowed spread.
TP / SL – target profit and risk protection.
PO Distance (JarakPO) – breakout buffer.
TrailingStart / TrailingStep – trailing stop control.
Time Filter – trading schedule.
Note: Results depend on broker conditions (spread, execution, volatility). Please test in Strategy Tester and demo before going live.
This EA does not use martingale, grid, or arbitrage.
