🚀 Slogan

"AI Scalper R KH – Precision Scalping Backed by Smart Confirmation Filters!"

📌 Overview

AI Scalper R KH is an automated trading system (Expert Advisor) designed for the MetaTrader 4 (MT4) platform. It specializes in scalping—executing multiple small trades to accumulate profits from small market movements. The EA employs technical indicators like Bollinger Bands and RSI, coupled with risk control and spread filtering, to make informed trading decisions.

🧠 Key Features

✅ Strategy Logic

Uses a combination of:

Bollinger Bands (BB) for volatility.

Relative Strength Index (RSI) for momentum.

Has candle filtering logic to assess valid entries.

Entry confirmation based on both indicator signals and market condition filters.

✅ Risk Management

Stop Loss (SL) and Trailing Stop (TS) to secure profits and manage risk.

Dynamic lot sizing based on account equity (LotsPer1000).

Spread protection to avoid trades during high-cost conditions.

✅ Scalping Nature

Designed for fast trades with small SL (3 pips) and dynamic trailing.

✅ Licensing & Time Lock

Includes a license code check and expiry date for demo usage.

Example: licenseCode = "1234-ABCD-9876-ZXYW"

Demo expiry hardcoded to: 2020.12.12

⚙️ Settings Breakdown

SettingDescription

LotsSizeFixed lot size (set 0 for auto sizing)

LotsPer1000Used if LotsSize is 0. Example: 0.3 lots per $1000

MinLots / MaxLotsMinimum and maximum allowed lot sizes

def_MaxSpreadMax spread allowed for order execution

FilterCandle filter value in points

BB_PARAMBollinger Bands period

RSI_PARAMRSI period

RSIBuyLevel / RSISellLevelRSI thresholds for signals

def_SLStop loss in pips

Distance_trailingDistance for trailing stop (pips)

Start_trailingStart point for trailing stop (pips)

SlippageMaximum allowed price slippage

MyMagicNumberUnique ID to track EA's trades

🕒 Time Filter

You can limit trading hours using:

StartHour, StartMinute

EndHour, EndMinute

📂 How to Run

Install on MT4:

Place AI Scalper R KH.mq4 in your Experts folder.

Compile via MetaEditor.

Attach to Chart:

Use low spread pairs (e.g., EURUSD) on a 1M or 5M chart.

Apply only to brokers with fast execution.

Configure Inputs:

Adjust the parameters above depending on account size and broker conditions.

Enable AutoTrading:

Turn on "AutoTrading" in MT4.

Ensure trading is permitted in account settings.

🔐 Notes on License and Expiry

Includes a hardcoded license key and demo expiration:

mql4

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Edit

string licenseCode = "1234-ABCD-9876-ZXYW";

datetime demoExpiry = D'2020.12.12 00:00';

For full functionality, licensing may need to be disabled or updated.

👨‍💻 Developer & Source

Developer: R.KH 1001

Official Source: www.robomql.com

File Name: AI Scalper R KH.mq4