Alright, in this article I will talk about the Adenan Scalping EA. This may still sound like a strange EA and perhaps a less popular name of an Expert Advisor.
However, this Adenan Scalping EA is widely shared in the forex community in forums that discuss Expert Advisors. In the forex forum, this EA is quite popular and many traders are interested and try to use this EA Adenan scalping.
One of the reasons that make it interesting is that this EA offers 10% daily profit. A target too good to be true it seems.
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EA Adenan Scalping explained
I didn’t find a clear description of this Adenan Scalping EA, but looking at the standard property settings, this is a scalping EA that uses a combination of Martingale.
Where this EA can be set to work as martingale, or can also turn off martingale through property settings.
It is not known who created this scalping EA, but the ex.4 file of the scalping EA has been spread on several forex forums for free.
This EA also has no expiration date, so it can be used forever as long as there are no changes to MT4 because maybe an EA can only run on certain versions of the MT4 platform.
We found this EA Adenan scalping was first shared in 2015 on the Sohoe.id forum by a person with the nickname Wisnu. However, the thread is still under discussion until 2021. So this can be said as one of the EA Scalping that is more than five years old.
How EA Adenan Scalping work?
As an Expert Advisor in general, the Adenan Scalping EA can work automatically without intervention from the trader. All a trader needs is to install it on the MT4 platform and run it. Or better use a VPS so that it doesn’t burden your computer if you run the EA all day long.
The Ea will work according to the parameters defined in the settings, which can be adjusted to find the best setting. It is not necessary for the trader to drive the EA but it becomes optional. Because if the EA does not work properly and is dangerous you may want to close it manually.
EA Adenan Scalping download
You can download directly from the source on the Soehoe forum, to download it you must register to become a member of the forum.
Even if you are an expert in creating trading robots, this is a forum crowd with members from different countries.
But if you don’t want to go to the Soehoe forum, here I have downloaded the EA Adenan scalping ex.4 and the following set of files that I have made into a zip file.
Install EA to MT4 trading platform
To install the scalping Adenan EA, if you successfully download the ZIP file then extract it to get the ex.4 file and the Set file.
- The first step you need to run your MT4 trading platform, you are free to use any broker.
- In the second step, click the “File” menu in the upper left corner of your MT4 platform.
- In the third step, scroll down your mouse and click “Open Data Folder.
- Step four, after a new explorer window, appears, then open the “MQL4” folder, you can use double click to open the folder.
- Step five, open the “Experts” folder by double-clicking the folder.
- Copy the extracted scalping Adenan ex.4 file and paste it in the “Experts” folder.
- Pointing your cursor to the Marketwatch window, right-click on the expert advisor window, then after the option box appears, click refresh.
- The Adenan Scalping EA will appear in the MarketWatch window in the Expert Advisors column.
EA Adenan Scalping set file
Pre-set-file, or better known as a Set file, is the setup file for a trading robot. You will find the file with the extension.SET File. So when you save the settings, it will be a file with the extension.SET File.
The ZIP file download package that we have shared above, includes a set of files from the person who shared it.
You’ll also need to extract the set of files and then copy and paste them into the “Presets” folder which is part of the “MQL4” folder.
How to use the Set file?
When attached to the EA, the ea property settings will appear. All you need to do is click “Load” and call the Set file that you extracted.
If you create a new setting parameter and want to save the setting, use the “Save” button.
That you may need someday because the EA settings also have an impact on trading results. When you make a new and possibly unsatisfactory setting and want to go back to using the old setting, only then click the “Load” button and highlight the set file, and press Open.
Where to use EA Adenan scalping?
According to the trader who shared this EA it can be used on all brokers that support 5 digit brokers. 5 digit broker means the quote behind the decimal has 5 digits.
So for example EURUSD 1.17255, is using a 5-digit price quote, if a 4-digit broker uses only 4-digit numbers behind the dot, for example, EURUSD 1.1725.
While the recommended pair is EURUSD, users can also experiment on other pairs to test it out. For example GBPUSD, USDJPY, etc.
How to backtest EA Adenan Scalping
To try to find out the robot’s performance, it is recommended to use a demo account. It is better to run the EA using a VPS service. So it will run all day long.
You will need to rent a VPS, and to install this requires special knowledge, connecting a computer with a VPS.
Is EA Adenan scalping profitable?
Referring to the experience of several traders who have used the Adenan scalping EA, this trading robot gives different results between traders.
One of the traders shared the experience of using 1000 cents or 10 USD of capital to experience a margin call.
Someone else shared the experience that it is still safe and gives daily profit. Because this EA has a way of working as a martingale, large funds are better than using small funds.
Scalping EAs may be reliable as a substitute for manual trading. One of the advantages of using an EA is that it is free of emotions.
If manual trading with scalping style, often emotional problems that are not controlled properly, can backfire for the trader.
But that doesn’t mean that using an EA will definitely make a profit, you have to find the best settings so that the EA is profitable all the time.
Note: This article is for informational purposes only and does not constitute investment advice, forex trading, crypto, and CFD trading is risk trading. Each investor is responsible for their own investment.
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