Tired of overpriced robots that promise the moon but ghost you when the trend flips? Same. That’s exactly why we’re releasing Euro Scalper EA V1.17 MT4 for free—so you can try a clean, fast-entry scalper without burning your budget. Built by the YoForex team, this EA focuses on quick decision-making, razor-thin spreads, and disciplined risk. No nonsense, no shady tricks, and no martingale (coz we’d rather sleep at night). You’ll get a consistently engineered scalper that handles volatile hours, pulls small bites from the market, and gets out fast.


In this post, I’ll walk you through what Euro Scalper EA is, how it works, the features we packed in, how to install it on MT4 in minutes, and how to reach us if you need help. Plus, we’ll share recommended setups and a high-level view of backtest/livedata so you can judge the fit for your own strategy. Let’s dive!


Overview


Euro Scalper EA V1.17 MT4 is a lightweight, free MetaTrader 4 expert advisor designed to capture micro-moves on major pairs (with a bias toward EUR majors) using spread-aware entries, session filters, and volatility thresholds. The EA emphasizes precision scalps rather than long hold-times; think quick in–quick out, with strict SL/TP logic to avoid the “one bad candle” wipeout. It shines during active sessions (London/New York overlap), and it’s extremely picky about spread conditions—if execution isn’t tight, it’ll simply stand down. That’s by design.



  • Directional bias from short-term momentum/structure checks,

  • Volatility gates that skip dead markets or crazy spikes,

  • News-aware timing (optional), to chill during dangerous prints, and

  • Broker-agnostic rules that don’t rely on martingale or grid averaging.


This EA is fully back-tested on tick-quality data and live-market-verified in internal YoForex demo/real accounts. We built it for traders who want a free, transparent scalper to test on demo, tweak risk per pair, and deploy with confidence when ready. You get ongoing improvements, coz we actually use it ourselves.



Key Features



  • Fast-entry logic tuned for EUR majors (EURUSD primary), adaptable to other low-spread majors

  • No martingale, no grid—fixed logic with smart scaling options only if you enable them

  • Tight SL/TP framework optimized for scalp-style trade durations

  • Spread filter & slippage guard—sits out when conditions suck

  • Session filter (e.g., London, NY, overlap) to target the most liquid windows

  • Volatility gates—avoids chop and extreme spikes

  • Risk-based position sizing—set your % risk per trade; EA handles lot calc

  • Partial close & break-even options (optional) for adaptive exits

  • News-pause switch (optional) to reduce exposure around major events

  • One-chart multi-pair friendly—light CPU footprint lets you run multiple charts

  • Clean logs and labels for trade auditing and strategy tweaks

  • YoForex update channel—ongoing refinements with versioned changelogs


Backtest Results & Proof


We validated Euro Scalper EA V1.17 MT4 across multiple brokers using tick-based historical data (99%+ modeling quality) and realistic spread/slippage assumptions. The test focus was EURUSD M1–M5, expanding to other majors in the second pass.



Summary of internal backtest runs (example setup):



  • Timeframe: M1 & M5 (EURUSD focus)

  • Period: ~2–4 years of data (mixed volatility regimes)

  • Spread: Variable with a realistic floor (ECN-grade)

  • Risk per trade: 0.5%–1.0% (user-adjustable)

  • Exit logic: fixed TP/SL plus optional BE/partial close

  • Equity curve: Steady stair-step growth with normal scalper-style pullbacks

  • Drawdown profile: Controlled; spikes avoided when news-pause enabled

  • Win rate: Variable by broker/session; expect clusters during overlap hours


Live-market observation:
In demo/live shadow tests, the EA behaved consistently with backtests when spread and slippage were comparable. Asia session is quieter; London/NY overlap is where most of the action happens. When spreads widen or price is choppy, the EA simply slows down—no forced trades, which is exactly what you want.


How to Install & Configure



  1. Download the EA from MQL5.software:
    ???? Euro Scalper EA V1.17 MT4 – Free Download

  2. Copy to MT4: Open MT4 → File → Open Data Folder → MQL4/Experts/ → paste the .ex4 or source file.

  3. Restart MT4 and open EURUSD (M1 or M5 recommended).

  4. Enable Algo Trading (auto-trading button must be green).

  5. Attach EA to chart: Navigator → Experts → Euro Scalper EA V1.17 MT4 → drag onto chart.


Set risk & filters:



  • Risk per trade (0.5%–1.0% is a good starting point)

  • Session filter (enable London/NY overlap for max activity)

  • Spread filter (keep strict; < 10 points on EURUSD if possible)

  • News-pause (optional; recommended for new users)

  • Run on a VPS if possible for low latency and stable connectivity.


Why Choose YoForex-Powered Tools?


YoForex has been building and reviewing bots for years, with a simple promise: keep it transparent and keep it useful. We release free tools like Euro Scalper EA V1.17 MT4 so traders can experiment responsibly without getting locked behind paywalls. Our internal trading team uses these tools, shares updates, and listens when you say “this input needs a tweak.” That’s how we ship better versions… fast. And yep, you get those updates free, too.


Support & Disclaimer



We usually respond quickly during market hours; outside that, we still try to be humanly fast (tho timezones…). Your feedback helps shape the next minor/major release.


Disclaimer: Trading involves risk. Past performance is not a guarantee of future results. Use demos first. Only deploy live funds you can afford to risk. The Euro Scalper EA V1.17 MT4 is a tool—not a guarantee—so pair it with sound risk management and common sense.


Call to Action


Ready to try it? Grab your copy of Euro Scalper EA V1.17 MT4 now—it’s totally free. Install it in minutes, forward-test on demo, and ping us if you want help tuning spreads, sessions, or risk. Unlimited support via WhatsApp and Telegram; we’re here to help you trade smarter, not harder.


Download free on MQL5.software: Euro Scalper EA V1.17 MT4


Quick FAQs (great for FAQ Schema)



  • Q1: What pairs work best?
    EURUSD is primary; other low-spread majors are viable with proper spread filters.

  • Q2: What timeframe should I use?
    M1 or M5 for scalping. If your broker’s spreads are wider, use M5.

  • Q3: Is there martingale or grid?
    No. The EA does not rely on martingale or grid out of the box.

  • Q4: Can I use it on multiple charts?
    Yes. It’s light enough to run on several charts/pairs as long as your VPS/PC can handle it.

  • Q5: What’s the minimum deposit?
    There’s no hard minimum from the EA’s side; practically, start with capital that makes 0.5%–1.0% risk meaningful, and always demo first.


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Happy Trading