
🧩 What is Bitcoin Scalp Pro MT4?
Bitcoin Scalp Pro is a specialized MetaTrader 4 Expert Advisor (EA) built specifically for the high-volatility environment of Bitcoin (BTCUSD) and Ethereum (ETHUSD). Unlike typical grid or martingale bots that carry high risk, this EA utilizes a disciplined pending order breakout system, designed to capture sudden institutional moves with precision risk controls.
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🧩 Interface & Information Panel Settings
🔹 ShowInfoPanel = true
- Enables the on-chart information panel
- Useful for monitoring trades, spread, and EA status in real time
🔹 Adjustment for Infopanel size = 1.0
- Default UI scale
- No performance impact
🔹 Update infopanel during testing = false
- Reduces CPU load during backtests
- Recommended for faster strategy testing
✅ Conclusion: Optimized for performance rather than visuals during testing.
🧩 Spread & Slippage Control (Disabled)
🔹 Enable Spread Filter = false
🔹 Maximum Spread = 9999999
🔹 Distance to pending order for spread filter = 4000
🔹 Max slippage before slippage control = 100.0
📌 Analysis:
- Spread protection is completely disabled
- EA will trade regardless of spread conditions
- High risk during:
- News volatility
- Low liquidity periods
- Weekend gaps
⚠️ Recommendation: Enable spread filter on real accounts to protect against extreme BTC spread spikes.
🧩 Weekend & Trading Session Filters
🔹 Friday Stop Hour = 18
- EA stops opening trades after 18:00 broker time on Friday
- Helps avoid weekend gaps
🔹 Trading Time Zones = disabled
- EA trades 24/7, except Friday evening
- No session-based restriction (Asia/London/NY)
✅ Conclusion: Safe weekend handling, but no intraday session optimization.
🧩 Order & Risk Management Settings
🔹 Set SL and TP after entry = false
- SL/TP likely placed at order execution
- Reduces execution delay risk
🔹 Use Virtual SL / Expiration = false
- All risk controls are server-side
- More reliable for VPS trading
🔹 Check Margin = true
- Prevents over-leveraging
- Protects against margin call
🔹 Maximum Pending Orders = 5
- Limits over-exposure
- Good for scalping control
🔹 Magic Number = 666
- Unique trade identifier
- Allows multi-EA usage safely
🔹 Comment = BTC_Scalp_Pro
- Clear trade labeling in MT4 history
✅ Conclusion: Strong trade safety logic with conservative exposure limits.
🧩 Trade Exit Logic (Base Value System)
🔹 Base Value = 0.0
- EA uses default internal values
- Default references:
- BTC Base:
30000 - ETH Base:
1500
- BTC Base:
🔹 SL / TP / Trailing Stop = 0.0
- All exit parameters are auto-calculated
- Dynamic adaptation to price scale
📌 Interpretation:
- EA is designed to auto-scale SL/TP according to BTC price
- User optimization not applied
⚠️ Advanced traders may improve performance by customizing these values.
🧩 Breakeven Settings (Disabled)
🔹 Start of Breakeven = 0.0
🔹 Extra pips for Breakeven = 0.0
📌 No breakeven protection is active.
⚠️ This increases drawdown risk during reversals.
🧩 Lot Size & Money Management
🔹 Start Lots = 0.01
- Minimum lot size
- Suitable for small accounts
🔹 Lotsize Calculation Method = Manual Lotsize
🔹 Manual Risk per Trade = 0.0
- Fixed lot trading
- No percentage risk management
🔹 Use Equity Instead of Balance = false
🔹 Only Buy (OnlyUp) = false
- Both Buy & Sell allowed
📌 Analysis:
- EA trades with fixed micro-lot size
- Very conservative, but not scalable
⚠️ For growth, risk-based lot sizing is recommended.
🧩 Trading Days & Hours Configuration
🔹 All Days: Start 0 – Stop 24
- EA trades all day, every day
- Includes:
- Sunday
- Saturday
- Weekdays
⚠️ Crypto markets are volatile on weekends → higher spread risk.
🧩 Final Verdict – Bitcoin Scalp Pro MT4 Settings Review
✅ Strengths
✔ Very conservative risk exposure.
✔ Suitable for beginners.
✔ Safe margin and order control.
✔ Dynamic SL/TP logic for BTC price scale.
✔ VPS-friendly (no virtual stops).
❌ Weaknesses
✖ Spread filter disabled.
✖ No breakeven protection.
✖ Fixed lot size (no money management).
✖ Trades during high-risk sessions (weekends/news).
🔍 Conclusion
Bitcoin Scalp Pro EA MT4, with these default settings, is configured as a low-risk, stability-focused crypto scalping robot. It prioritizes execution simplicity over aggressive profit optimization. While suitable for small accounts and beginners, advanced traders should optimize spread filters, breakeven logic, and dynamic lot sizing to improve long-term profitability and drawdown control.
