MasterScalper PRO EA
An automated MT4 scalper aimed at low-spread ECN accounts; includes FTMO presets, news filter, daily caps and an optional martingale module.
MasterScalper PRO is a fully automated MT4 expert advisor built for short-term scalping. Controls are suited to challenge-style trading: take profit and stop loss in points, a news filter, daily loss and profit caps, trailing stop and an optional martingale/averaging block.
The package includes preset set files for FTMO-style challenges plus a PDF manual and install instructions. It is intended to run 24/5 on a low-spread ECN account and a VPS. At AutoFXRebate you can download the package for free and find the PDF install guide and Telegram support to help with setup.
Martingale is optional. Keep UseMarti off on small accounts and during initial demo testing. Enable averaging only after long, controlled demo runs and when your capital comfortably covers observed drawdowns.
Specifications
- Tool type
- Fully automated Expert Advisor (scalper)
- Platform
- MetaTrader 4
- Strategy
- Quick in, quick out scalping with optional averaging (martingale) and trend-dependent activation
- Recommended pairs
- EURUSD, GBPUSD, EURJPY, GBPJPY (works on other pairs)
- Timeframe
- H1 recommended (works on other timeframes)
- Minimum capital
- $100 recommended; larger if averaging is used
- Risk controls
- Risk percent or fixed lot sizing, MaxDailyLossAmount, MaxDailyProfitAmount, news filter, trailing stop, Friday auto-exit
- FTMO support
- Includes FTMO preset set files (FTMO 50K, 100K, 200K)
- Original list price
- $599
- At AutoFXRebate
- Free download, PDF manual and Telegram support
How the EA runs trades
The EA opens short-term scalps intended for low-spread accounts. Each main trade uses a set take profit and stop loss in points. An optional trailing stop can move stops as profit develops. Built-in account protection lets the EA stop trading or close positions when daily loss or profit thresholds are hit.
Martingale and averaging controls
The martingale block is optional and controlled by inputs such as UseMarti, PriceGap, LotMultiplier and MaxMartiOpen. When enabled, the system can add scaled trades after a price gap and the inputs cap the count and scale. Use the martingale controls only after you understand how sequences affect drawdown.
- UseMarti: enables averaging/martingale sequences
- PriceGap: distance before the next averaging trade is placed
- LotMultiplier and MaxMartiOpen: control size scaling and maximum averaging trades
- MartiExitStrategy: can close averaging trades once floating P/L turns positive
Who this suits
This is for traders who want an automated scalper with challenge-friendly presets and many risk toggles. It is not suitable for traders who cannot tolerate drawdown sequences from averaging.
We recommend running a demo and using a VPS, and loading FTMO preset files on a demo challenge account to see how the EA behaves before risking live capital.
Features
- Fully automated MT4 scalper with point-based TP and SL
- Optional martingale/averaging block with configurable gap, multiplier and max opens
- Account protection: daily loss and profit caps and AutoExitOnFriday
- Built-in news filter with configurable pre and post pause times
- Trailing stop and MartiExitStrategy to close averaging trades on profit
- Includes FTMO preset set files and PDF install manual
Performance
There is no guaranteed result. Run the EA on demo for several weeks, record trade frequency, the deepest drawdown and how averaging sequences behaved. Use those figures to set MaxDailyLossAmount and lot sizing before considering live use.
Pros
- Clear risk controls: daily caps, news filter and trailing stop
- FTMO preset files make challenge-style setup straightforward
- Configurable martingale allows conservative or aggressive modes
- Free at AutoFXRebate with a PDF manual and Telegram support
Cons
- Optional martingale/averaging can materially increase drawdown when enabled
- No automatic update channel
- Designed for ECN-style accounts and VPS operation to match demo behaviour
Setup
- Unzip the package and copy files into your MT4 folders; the EA file is in the top folder of the package
- Place the provided set files (FTMO 50K.set, FTMO 100K.set, FTMO 200K.set) into MQL4/Presets or the EA's appropriate folder
- Restart MetaTrader 4 so the Expert appears, open an H1 chart for your chosen pair and attach the EA
- Start with default inputs and leave UseMarti off while you run a demo for at least one week; log drawdown and trades per day
- For live use, run the EA on a low-spread ECN account and a reliable VPS so demo and live conditions are similar
- Use the PDF manual included in the download for detailed input descriptions and load the FTMO preset matching your challenge size
Verdict
MasterScalper PRO suits traders who need a fast scalper with challenge-oriented presets and many risk options. The inputs let you control averaging, news filtering and account protections, but the martingale option requires disciplined testing.
Run it on demo with martingale disabled, follow the setup steps, and consider live trading only when demo drawdowns and trade cadence match your risk appetite. Download the package free from AutoFXRebate and ask the Telegram group if you need help installing the set files or loading the FTMO presets.
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 MasterScalper PRO EA free
The file lives in our Telegram channel, together with the setup guide. Nothing to fill in.
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