Probe Scalper Robot
A free MT4 EA that places pending orders based on short-term volatility, with a fixed stop-to-take ratio and a recovery module; test on demo and small cent accounts first.
Probe Scalper Robot is a free MetaTrader 4 expert advisor that places pending orders in the direction of short-term volatility and uses a fixed stop loss to take profit ratio. It also has a recovery routine that increases exposure after losses. The package includes the EA install folder, a .set file and PDF install guides.
The EA has a news filter to avoid major slippage around high-impact releases. Recommended setup: a cent account with a low-spread ECN broker and a VPS for continuous operation. AutoFXRebate provides the free download, the PDF install guide and Telegram support.
Risk and recovery logic. The EA reads account history and applies a loss-recovery routine that opens additional exposure after losing trades. Run on demo first, keep recovery features off or limited on small accounts, and set a hard equity stop you can tolerate.
Specifications
- Tool type
- Fully automated Expert Advisor with volatility pending orders
- Platform
- MetaTrader 4
- Strategy
- Pending orders placed by volatility strength with a fixed SL to TP ratio
- Recommended pairs
- EURUSD, GBPUSD, USDCHF (also runs on other pairs)
- Timeframes
- H1 and M1 recommended
- Risk model
- Loss recovery routine that adds exposure after losing trades
- News filter
- Yes; avoids NFP/FOMC slippage
- Bundle contents
- EA file, .set file, PDF install guides
- At AutoFXRebate
- Free download, PDF install guide and Telegram support
How entries are placed
The EA measures short-term market volatility and drops pending orders around the current price so the side that runs with the move gets triggered. This is a breakout-style approach rather than an indicator crossover or mean-reversion entry.
Inputs such as PendingDistance set how far orders sit from price. When volatility rises the EA favors orders aligned with the near-term push.
What the recovery routine does
Probe Scalper Robot can read your account history and apply a recovery sequence after losing trades. The routine increases lot exposure relative to previous losses to attempt to recover deficits instead of pausing trading.
That behaviour increases tail risk. A string of losses can expand exposure quickly, so keep recovery settings conservative on small accounts and watch equity closely.
- Requires full trade history visible to calculate recovery steps
- Adds exposure after losses rather than pausing trading
- Cent account recommended because losses can stack
What to weigh before you run it
The EA includes a news filter, but you should test on the same broker and account type you plan to use live so demo behaviour matches execution conditions.
Because the system relies on recovery logic, decide your maximum permitted drawdown and test the EA long enough on demo to observe multi-week losing runs before risking real capital.
Features
- Volatility-based pending orders that follow short-term market pushes
- Fixed stop loss to take profit ratio on each trade
- Loss recovery module that reads account history and increases exposure after losses
- News filter to avoid execution during major releases
- Includes a ready set file and PDF install instructions
- Designed for continuous 24/5 running; VPS and ECN accounts recommended
Performance
Results are not independently verified. Use a demo account for several weeks on your chosen broker, log peak drawdown, trade frequency and how recovery sequences behave, then use those demo figures to size live positions and to decide whether to enable recovery features.
Pros
- Free to download and easy to attach to MT4 charts
- Built-in news filter helps avoid the worst slippage around high-impact events
- Pending order breakout style can capture clear directional bursts
- Package includes a set file and PDF install guide; AutoFXRebate offers Telegram support
Cons
- Recovery routine can produce deep drawdowns if a bad run occurs
- Designed for MT4 only; no MT5 build in the bundle
- Cent account and 24/5 VPS recommendations point to a fragile margin profile
- Requires familiarity with EA inputs to manage recovery and risk
Setup
- Unzip the download and copy the EA folder contents into your MQL4/Experts folder and the .set into MQL4/Files or keep it with the EA files
- Restart MetaTrader 4 so the expert and set file appear in Navigator
- Attach the EA to a chart on H1 or M1 and load the included .set file to apply the default settings
- Enable AutoTrading and, if you run continuously, use a reliable VPS so the EA stays online 24/5
- Start on a demo account for at least a few weeks and, if you test live, prefer a cent account with small lot sizing while you learn the recovery behaviour
- Keep the news filter enabled and set a hard equity stop you are willing to lose before enabling any aggressive recovery settings
Verdict
Probe Scalper Robot fits traders who want a free MT4 breakout-style EA and who are prepared to manage recovery logic actively. The built-in news filter and ready set file make it straightforward to start, but the recovery routine requires disciplined risk limits.
Begin on demo with the supplied set file and recovery features conservative, record drawdowns and trade cadence, and only move to a live account when the demo behaviour fits your risk plan. Download the package free from AutoFXRebate and message our Telegram group if you need help installing or tuning the inputs.
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 Probe Scalper Robot free
The file lives in our Telegram channel, together with the setup guide. Nothing to fill in.
Open TelegramRelated tools
Fantastic Scalper MT4 Bot
An MT4 expert advisor that opens a single breakout trade at a time on H1 (EURUSD recommended). Tight stop loss and stepwise take profit, no martingale or grid.
FREE
Price Action Scalper (v1.68)
An MT4 high-frequency scalping EA that places pending orders on price-action setups for M1 and M5. Execution speed and spread determine its live viability.
$3,000FREE
Evening Scalper Algo Trader EA
A mean-reversion night scalper trading a basket of cross pairs on M5; get the MT4 build and a PDF install guide here.
$1,980FREE
Breakout Scalping Robot MT4
An MT4 expert advisor that trades breakouts from recent highs and lows with stop orders, fixed SL/TP and a configurable trailing stop.
$197FREE