🔢 Bitcoin Scalping MT4 Settings Guide – Full EA Configuration Explained
Bitcoin Scalping MT4 is an automated cryptocurrency trading Expert Advisor (EA) designed specifically for high-speed Bitcoin scalping strategies on the MetaTrader 4 platform.
The EA combines advanced money management, multi-trade scaling, drawdown protection, and flexible trading session filters to optimize short-term BTC/USD trading opportunities.
With built-in Prop Firm settings, break-even functions, and auto volume scaling, Bitcoin Scalping MT4 provides traders with a complete solution for automated crypto trading.

🔢 Complete Bitcoin Scalping MT4 Settings Explained
Below are the details of the parameters in the advisor’s trading system settings table:
🔶 EA Name Settings
🔹 EANAME = Bitcoin Algo Trading: Displays the internal EA identification name as Bitcoin Algo Trading.
🔶 Orders & Money Management Settings
🔹 MoneyManagement = UsePercentageOfAccountBalance: Enables lot sizing based on account balance percentage instead of fixed lots.
🔹 FixedLotSize = 0.01: Sets the default fixed lot size to 0.01 when fixed lot mode is used.
🔹 RiskPercentage = 0.5: Defines account risk exposure at 0.5% per trade cycle.
🔹 MagicNumberBuy = 20241115: Assigns the unique buy trade identifier 20241115.
🔹 MagicNumberSell = 20241115: Assigns the unique sell trade identifier 20241115.
🔹 CommentBuy = BTC-ALGO-TRADING: Adds the comment BTC-ALGO-TRADING to all buy orders.
🔹 CommentSell = BTC-ALGO-TRADING: Adds the comment BTC-ALGO-TRADING to all sell orders.
🔹 Open buy trade (true/false) = true: Enables automatic buy trading operations.
🔹 Open sell trade (true/false) = false: Disables automatic sell trading operations.
🔶 Trade Setting Parameters
🔹 Setting SL By Momentum Yesterday, Default SL = 1.3 Original SL = 1.3: Uses yesterday’s momentum calculation to dynamically set Stop Loss at 1.3.
🔹 Setting TP Trade1 = 0.2222: Sets Take Profit level for Trade 1 at 0.2222.
🔹 Setting TP Trade2 = 0.2857: Sets Take Profit level for Trade 2 at 0.2857.
🔹 Setting TP Trade3 = 0.3333: Sets Take Profit level for Trade 3 at 0.3333.
🔹 Enable trade 1 = true: Activates the first trade layer.
🔹 Enable trade 2 = true: Activates the second trade layer.
🔹 Enable trade 3 = true: Activates the third trade layer.
🔹 Set break even trade 2 = true: Enables break-even protection for Trade 2.
🔹 Set break even trade 3 = true: Enables break-even protection for Trade 3.
🔹 Auto Scale Volume = true: Automatically scales trading volume according to EA logic and account conditions.
🔹 Close pending orders while positions are running = true: Automatically removes pending orders while active positions are open.
🔶 Prop Firm Protection Settings
🔹 Check prop drawdown (true/false) = false: Disables automatic prop firm drawdown monitoring.
🔹 Setting max overall drawdown (8% = 0.08) = 0.08: Sets maximum total account drawdown limit at 8%.
🔹 Setting max daily drawdown (5% = 0.05) = 0.05: Sets maximum daily drawdown limit at 5%.
🔶 Time Filter Settings (GMT +0)
🔹 StartHour = 1: Trading starts at hour 1.
🔹 StartMinute = 15: Trading begins at minute 15.
🔹 FinishHour = 21: Trading stops at hour 21.
🔹 FinishMinute = 55: Trading ends at minute 55.
🔹 TradeOnMonday = true: Enables trading on Monday.
🔹 TradeOnTuesday = true: Enables trading on Tuesday.
🔹 TradeOnWednesday = true: Enables trading on Wednesday.
🔹 TradeOnThursday = true: Enables trading on Thursday.
🔹 TradeOnFriday = true: Enables trading on Friday.
🔹 TradeOnSaturday = false: Disables trading on Saturday.
🔹 TradeOnSunday = true: Enables trading on Sunday.
🔢 Conclusion
Bitcoin Scalping MT4 is a professional cryptocurrency trading EA designed for aggressive Bitcoin scalping and automated multi-trade execution. The EA includes advanced money management, break-even protection, prop firm drawdown settings, volume scaling, and precise trading session filters. With support for multiple take-profit levels and automatic risk management, Bitcoin Scalping MT4 offers traders a flexible and optimized solution for BTC trading automation on MetaTrader 4.
🔢 FAQs
❓ What is Bitcoin Scalping MT4?
Bitcoin Scalping MT4 is an automated Bitcoin trading Expert Advisor designed for fast scalping strategies on the MT4 platform.
❓ Does Bitcoin Scalping MT4 support money management?
Yes, the EA uses UsePercentageOfAccountBalance money management with configurable risk settings.
❓ Can Bitcoin Scalping MT4 trade both buy and sell positions?
Yes, although in the current setup buy trading is enabled while sell trading is disabled.
❓ What are the maximum drawdown limits in Bitcoin Scalping MT4?
The EA uses 8% maximum overall drawdown and 5% daily drawdown protection settings.
❓ Does Bitcoin Scalping MT4 include break-even protection?
Yes, break-even protection is enabled for both Trade 2 and Trade 3 positions.










