The AW Advanced Scalping EA for MT4 is a semi-aggressive automated trading system that combines scalping, averaging (grid), dynamic lot sizing, and recovery algorithms. Based on the configuration shown in the image, this setup is designed for high-frequency trading with controlled risk expansion.
โก๏ธ Vender website: View here
Below is a section-by-section breakdown of all parameters.
๐งฉ Main Settings Analysis
| Parameter | Value | Analysis |
|---|---|---|
| Size of the first order | 0.01 | Very safe starting lot size, suitable for small to medium accounts |
| Enable Autolot calculation | true | EA automatically adjusts lot size based on account balance |
| Autolot deposit per 0.01 lots | 5000 | Conservative risk: 0.01 lot per $5,000 balance |
| Maximum size of order | 5.0 | Caps risk during recovery or averaging sequences |
Assessment:
This configuration prioritizes capital preservation. Autolot is enabled but heavily constrained, reducing the risk of over-exposure.
๐งฉ Take Profit & Recovery Settings
| Parameter | Value | Analysis |
|---|---|---|
| Take Profit | 100 | Relatively large TP for a scalping EA, improves recovery efficiency |
| Overlap Recovery Algorithm | true | Enables advanced trade overlap to reduce drawdown |
| Use Overlap Recovery after number of orders | 5 | Recovery logic activates only after market moves against positions |
Assessment:
The EA allows normal scalping behavior initially and activates recovery logic only after 5 orders, reducing unnecessary grid expansion.
๐งฉ Averaging (Grid) Settings
| Parameter | Value | Analysis |
|---|---|---|
| Multiplier for size of orders | 1.5 | Moderate martingale-style lot increase |
| Fixed Step | 200 | Large grid spacing (20 pips), avoids over-trading |
| Dynamic Step start after number of orders | 6 | Grid spacing becomes adaptive after deep drawdown |
| Multiplier for Dynamic Step | 1.2 | Gradually increases spacing to control risk |
Assessment:
This is a balanced grid strategy: not too tight, not overly aggressive. Dynamic step activation protects the account during strong trends.
๐งฉ Trading Signal Settings
| Parameter | Value | Analysis |
|---|---|---|
| Period A | 24 | Likely slow trend filter |
| Period B | 12 | Medium trend confirmation |
| Period C | 12 | Momentum or smoothing indicator |
| Up level | 80 | Overbought threshold |
| Low level | 20 | Oversold threshold |
Assessment:
This combination suggests a multi-indicator momentum + trend filter, avoiding random entries and improving signal quality.
๐งฉ Advisor (Trade Control) Settings
| Parameter | Value | Analysis |
|---|---|---|
| Allow OP_BUY orders | true | Buy trades enabled |
| Allow OP_SELL orders | true | Sell trades enabled |
| Allow new orders after close | true | Continuous trading cycle |
| Magic | 12345 | Unique identifier for trade management |
| Comment | AW Advanced Scalping EA | Trade labeling for tracking |
Assessment:
Fully automated bi-directional trading, suitable for ranging and volatile markets.
๐งฉ Protection & Risk Control Settings
| Parameter | Value | Analysis |
|---|---|---|
| Maximum slippage | 30 points | Acceptable for scalping during volatility |
| Maximum spread | 75 points | Prevents trading in poor market conditions |
| Maximum number of orders | 200 | High upper limit, but rarely reached due to step size |
Assessment:
Spread and slippage filters are essential for scalping. The high order cap acts as a failsafe, not a daily expectation.
๐งฉ Notifications Settings
All notifications are disabled:
- Push notifications: false
- Email notifications: false
- Alerts: false
Assessment:
Best for VPS usage and unattended trading.
๐งฉ Panel & Visual Settings
| Parameter | Value |
|---|---|
| Show advisor panel | true |
| Panel size | 1 |
| Font size | 5 |
| Buy color | DeepSkyBlue |
| Sell color | OrangeRed |
Assessment:
Clean, minimal UI focused on clarity without affecting performance.
๐งฉ Final Conclusion (Professional Verdict)
Based on the image, AW Advanced Scalping EA MT4 is configured as a:
โ
Low-risk to medium-risk scalping EA
โ
Grid + recovery system with intelligent activation thresholds
โ
Autolot-enabled but highly conservative
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Optimized for VPS, low spread brokers, and stable market conditions
โก๏ธ Strengths:
- Conservative initial exposure
- Smart recovery activation after drawdown
- Dynamic grid spacing to handle trends
- Strong protection filters (spread & slippage)
โก๏ธ Potential Risks:
- Like all grid EAs, prolonged strong trends may increase drawdown
- Requires a reliable ECN broker with low latency
โก๏ธ Best Use Case:
- Forex pairs with stable liquidity (EURUSD, GBPUSD, USDJPY)
- Timeframes M1โM5
- VPS hosting recommended
Overall Rating: โญโญโญโญโ (4.3 / 5)
This setup reflects a well-balanced, professionally tuned scalping EA, suitable for traders who want consistent automated trading with controlled risk rather than aggressive martingale behavior.
