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MonScalper v4.2 fix

MonScalper v4.2 fix

September 14, 202628 downloads
File name
MonScalper_v4.2_fix.ex5
Size
183.41 KB
File type
ex5

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What you need to run it

  • A broker account. We test every expert advisor in our monitoring on RoboForex — you can start with a free demo account. Open a RoboForex account. RoboForex also gives a free VPS with a balance from $300 and 3 lots traded per month.
  • A VPS for the terminal. An expert advisor only trades while MetaTrader is open: with your computer off, trades are neither opened nor managed. A Forex VPS to keep the terminal running 24/7

These are partner links: if you open an account or order a VPS through them, we earn a commission.

Description from the Telegram post

Text by the author of the post where we found the file. Profit figures and promises in it are the words of the seller or the channel; we have not verified them.

🌐 Mon Scalper MT5 Expert Advisor 👑

👉 More about this EA: https://www.mql5.com/ru/market/product/153935

📊 Live monitoring: https://www.mql5.com/en/signals/2361936

⭐️ Mon Scalper is a dedicated expert advisor built exclusively for gold (XAUUSD) trading. It uses a unique dual trendline strategy to identify strong trends and breakout points, opening trades automatically based on current market conditions.

💎 Key Features:

✅ Gold-optimized: parameters are tuned specifically for XAUUSD trading

✅ Trendline-based analysis: combines short-term and long-term trend perspectives to improve accuracy

✅ Breakout strategy: capitalizes on strong momentum when trendlines align

✅ Every trade is protected by a stop loss (SL)

✅ Easy setup — default settings are optimized for most brokers

✅ No grid, no martingale, no other high-risk strategies

✅ Compatible with any broker

🛡 Safe Trading Approach:

✅ No dangerous methods: no grid, no martingale, and no other aggressive money management strategies

✅ Transparent and honest: no history reading, trade filtering, or over-optimization that produce unrealistic backtests

✅ Trendline scalping: trades are opened only when short-term and long-term trendlines align to confirm breakout momentum

⚙️ Recommended Settings:

➡️ Symbol: XAUUSD (gold)

➡️ Timeframe: M15

➡️ Minimum deposit: $450 (recommended: $600) for 0.01 lot

Where this file comes from

We are not the developers of this expert advisor. The file was found in open access — in public Telegram channels where it was shared for free — and added to the catalog together with its description. All rights to the program belong to its author; if the expert advisor has a page in the MQL5 Market, the link is in the description — support the developer by buying the official version.

Are you the copyright holder and want the file removed? Contact us — we remove it on the first request.

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Sign in to download

One-tap sign-in with Telegram, no email or password. After signing in we bring you back to this page.

Sign in with Telegram and download

What you need to run it

  • A broker account. We test every expert advisor in our monitoring on RoboForex — you can start with a free demo account. Open a RoboForex account. RoboForex also gives a free VPS with a balance from $300 and 3 lots traded per month.
  • A VPS for the terminal. An expert advisor only trades while MetaTrader is open: with your computer off, trades are neither opened nor managed. A Forex VPS to keep the terminal running 24/7

These are partner links: if you open an account or order a VPS through them, we earn a commission.

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How to use

1.Download the file

2.Open MetaTrader 4 or MetaTrader 5

3.Put .ex4/.ex5 files into the MQL4/Experts or MQL5/Experts

4.Restart the terminal and the file will appear in the Navigator

Frequently asked questions

How do I install an expert advisor in MetaTrader?

1. Download the expert advisor file (.ex4 or .ex5)

2. Open MetaTrader and go to File → Open Data Folder

3. Go to MQL4/Experts (for MT4) or MQL5/Experts (for MT5)

4. Copy the expert advisor file into that folder

5. Restart MetaTrader

6. The expert advisor will appear in Navigator → Expert Advisors

Why is the expert advisor not trading?

Check the following:

• The "Algo Trading" button is enabled (green)

• Trading is allowed in the expert advisor settings

• The terminal is connected to the broker server

• There are enough funds on the account

• The right symbol and timeframe are selected

Can I use it on a live account?

We recommend testing the expert advisor first:

1. In the strategy tester on historical data

2. On a demo account in real time for at least 1–2 weeks

3. Move to a live account only after successful tests

⚠️ Forex trading involves a risk of losing capital

The file does not open or shows an error

Possible reasons:

• .ex4 files are for MT4 only, .ex5 files are for MT5 only

• The file was damaged while downloading — try downloading it again

• MetaTrader is outdated — update the terminal

• If the file is in an archive (.zip, .rar), unpack it first

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