Lucre Reborn Scalping Robot
An MT4-only EA that scalps by session and has an optional martingale layer. Start on demo and keep martingale off until you understand drawdowns.
Lucre Reborn Scalping Robot is an MT4 expert advisor that looks for quick scalp trades during active sessions and includes an optional martingale recovery layer. The download includes the expert advisor and a PDF install guide.
The EA has inputs such as lot size, stop loss, take profit, session hours, and the martingale distance and multiplier. Treat the EA as high risk until you test it thoroughly on demo.
Martingale warning. The EA can increase lot sizes after losing trades. Keep martingale off on small accounts and during initial demo runs. Only use aggressive recovery settings after extended, controlled testing, and when your capital can cover the drawdowns you observed.
Specifications
- Tool type
- Fully automated Expert Advisor (scalping)
- Platform
- MetaTrader 4 (MT4 only)
- Strategy
- Session scalping with optional martingale recovery
- Recommended pairs
- EURUSD, GBPUSD, EURGBP, AUDNZD (runs on other pairs too)
- Timeframes
- M5 and H1 recommended
- Minimum capital
- $200 recommended
- Risk controls
- Inputs for lot, stop loss, take profit, distance and multiplier; martingale can be disabled
- At AutoFXRebate
- Free download, PDF install guide and Telegram support
How the EA trades
Lucre Reborn scans the session hours you set and opens short scalp trades during active periods. When a scalp moves against an open position, the optional martingale layer can add trades at larger sizes to try to recover the basket.
Because martingale raises exposure after losses, drawdown can stay low for long periods and then widen quickly if the market trends against the positions.
Which settings matter most
Begin with sensible lot, stop loss and take profit values and set session hours that match the market activity you prefer. The martingale multiplier, number of recovery steps and distance between levels determine how fast exposure grows.
If you want a plain scalper, disable martingale and use fixed lot sizing. That lowers the chance of sudden large drawdowns but will change how the system recovers from losing sequences.
Who this suits
This EA is for traders who understand scalping and the extra risk martingale adds, and who will test the EA on their broker and account type before going live.
If you prefer conservative money management, look at other entries in the AutoFXRebate library.
Features
- Fast session scalping logic for active market periods
- Optional martingale recovery layer adjustable by multiplier and steps
- Inputs for lot, stop loss, take profit and trading session hours
- Runs on any pair but recommended on EURUSD, GBPUSD, EURGBP and AUDNZD
- Recommended timeframes M5 and H1
- Includes PDF install guide in the download package
- Free download with Telegram support at AutoFXRebate
Performance
Results are not independently verified; test on a demo account first. Run the EA on demo for several weeks, record the deepest drawdown, trade frequency and how often the martingale layer triggers. Use those figures to decide position size and whether to enable or limit martingale parameters.
Pros
- Simple to install and exposes key inputs for risk control
- Can run as a plain scalper with martingale disabled
- Works on common pairs and typical scalping timeframes
- Available free at AutoFXRebate with a PDF guide and Telegram help
Cons
- Optional martingale can produce rapid, large drawdowns when active
- MT4 only; no MT5 build included
- Requires careful tuning and continuous monitoring on live accounts
Setup
- Unzip the download, then open the included PDF guide for the full walkthrough.
- Copy the expert advisor into MQL4/Experts inside your MT4 data folder.
- Restart MetaTrader 4 so the EA shows up under Experts.
- Attach it to an M5 or H1 chart, set session hours and basic risk inputs, and leave martingale disabled for the first tests.
- Run it on a demo account for one to two weeks and log drawdown, trades per day, and how often recovery steps trigger.
- Before going live, pick a low-spread ECN account and a reliable VPS to cut slippage and disconnections. Opening the live account through AutoFXRebate adds backcom on every lot.
Verdict
Lucre Reborn is a straightforward MT4 scalper with a martingale option that can raise risk quickly once enabled. It suits traders who know scalping and will test settings on demo before risking real money.
Start with the PDF install guide, run the EA on demo with martingale off, and change recovery settings only after you have reliable demo figures for drawdown and trade frequency. Download the package free from AutoFXRebate and contact Telegram support for installation help.
Risk disclaimer
Forex and CFD trading involves significant risk and may not be suitable for all investors. Indicators, EAs and trading tools do not guarantee profits. Always apply proper risk management. AutoFXRebate did not build these tools and does not endorse any result they claim; test on demo before risking money.
Get Lucre Reborn Scalping Robot free
The file lives in our Telegram channel, together with the setup guide. Nothing to fill in.
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