๐ถ What is Noirtier Scalper EA MT4?
Noirtier Scalper EA is a precision-focused automated trading system designed for low-spread scalping strategies on short-term market movements. This Expert Advisorย (EA) emphasizes tight stop loss, small take profit targets, and strict spread filtering, making it ideal for traders who want high-frequency trading with controlled risk exposure.
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With features like time-based trading sessions, retry execution logic, and strict spread conditions, Noirtier Scalper EA is optimized for stable market environments such as major forex pairs during active sessions.
๐ถ Lot Size & Risk Management
| Parameter | Value | Description |
|---|---|---|
| Lot Size | 0.01 | Fixed lot size. |
| Risk | 10.0 | Risk level per trade. |
โก๏ธ Analysis
- Fixed lot ensures consistent trade size
- Risk level 10 โ relatively aggressive for scalping
๐ Recommendation: Reduce to 1โ3% for safer trading
๐ถ Stop Loss & Take Profit
| Parameter | Value | Description |
|---|---|---|
| Stop Loss | 40 pips | Maximum loss per trade. |
| Take Profit | 20 pips | Profit target. |
| Timeout Loss | 20 | Trade closure after time limit. |
โก๏ธ Analysis
- Risk/Reward ratio = 1:0.5 (SL > TP)
- Designed for high win-rate scalping strategy
- Timeout feature prevents trades from lingering
๐ถ Trading Time Settings
| Parameter | Value | Description |
|---|---|---|
| Start Hour | 23 | Trading begins late session. |
| Stop Hour | 1 | Trading ends early session. |
| Stop Hour Friday | 16 | Stops trading before weekend. |
โก๏ธ Analysis
- Targets low volatility / rollover period
- Avoids weekend risk
- Suitable for Asian or quiet sessions
๐ถ Spread & Execution Control
| Parameter | Value | Description |
|---|---|---|
| Max Spread | 3.0 | Strict spread filter. |
| Slippage | 10 | Execution tolerance. |
| Max Attempts | 7 | Retry attempts for orders. |
โก๏ธ Analysis
- Very tight spread requirement โ high precision entries
- Retry mechanism ensures order execution reliability
๐ถ Trade Identification & Interface
| Parameter | Value | Description |
|---|---|---|
| Magic Number | 515 | Unique trade ID. |
| Info Panel | true | Displays EA info on chart. |
๐ถ Key Characteristics of This Configuration
Noirtier Scalper EA is configured as:
- Scalping strategy with small TP (20 pips)
- Tight spread filter (3.0)
- Fixed lot trading (0.01)
- Time-restricted trading (23:00โ01:00)
- Timeout-based trade closure
- High execution precision
๐ถ Advantages of the Current Setup
๐งฉ High Precision Scalping
Strict spread filter ensures quality entries.
๐งฉ Controlled Trade Duration
Timeout prevents long exposure.
๐งฉ Stable Execution Logic
Retry attempts improve order reliability.
๐งฉ Simple Configuration
Easy to manage and optimize.
๐ถ Risks to Consider
๐งฉ Low Risk/Reward Ratio
Requires high win rate to remain profitable.
๐งฉ Limited Trading Hours
Fewer trading opportunities.
๐งฉ High Risk Setting (10%)
Can increase drawdown.
๐งฉ Sensitive to Spread Conditions
Requires a low-spread broker (ECN recommended)
๐ถ Optimization Recommendations
To improve performance:
- Reduce Risk to 1โ3%
- Adjust TP to 25โ30 pips for better R:R
- Fine-tune trading hours for London open
- Ensure broker spread < 1.5 pips for best results
๐ถ Conclusion
The Noirtier Scalper EA MT4 settings represent a high-precision scalping system, designed for low-spread environments and short-term trading opportunities.
Key highlights include:
- Take Profit: 20 pips, Stop Loss: 40 pips
- Strict spread filter (3.0)
- Trading session: 23:00 โ 01:00
- Timeout-based trade closure
- Retry execution system (7 attempts)
Overall, Noirtier Scalper EA MT4 is ideal for traders who:
- Prefer scalping strategies
- Use low-spread ECN brokers
- Want fast and controlled trading systems
๐ With proper optimization and broker selection, this EA can deliver consistent short-term profits, especially in stable and low-volatility market conditions.
