Hammond MT4 Scalping Robot is a fully automated EA with no use of martingale. It’s a night scalping strategy. The RSI indicator and an ATR-based filter are used for entries.

MT4 Scalping Forex Robot doesn’t use Martingale, no hedging, no network. Every trade opened by this EA has a TP/SL and Almost always uses a really small stop loss to guard your money.

The product works both on 4 and 5-digit quotes. Specify values in points like for 5 decimal places in the input parameters, and it will automatically recalculate everything for 4 decimal places.

Please test in a demo account first for at least a week. Also, Make yourself familiar and understand how the Hammond MT4 Scalping EA works, then only use it in a real account.

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Recommendations for this MT4 Scalping Robot

  • Minimum account balance of 100$.
  • Work Only on EURUSD. (Work on Any Pair)
  • Work Best on M5. (Work on all TimeFrames, Recommend experimenting with different timeframes.)
  • To reach stable results, This MT4 Scalping Robot should work on VPS without any interruption with Very low latency. So we Highly Recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
  • Low Spread account is also Highly Recommended (Find the Perfect Broker For You Here)

This EA comes with a News filter So you need to turn on “Allow WebRequest for listed URL” and add the following link.

To do this, open Tools > Options > Expert Advisors. Check the option “Allow WebRequests for listed URL:”. Add the following: “http://ec.forexprostools.com”, “http://www.worldtimeserver.com” and press “OK”.

Hammond scalping Forex Robot FREE Download FXCracked.com
  • Period indicator1 – the period of the first indicator;
  • Up-level – the upper level of the first indicator, above which the EA will open Sell;
  • Down Level – the lower level of the first indicator, below which the EA will open Buy;
  • Period indicator2 – the period of the second indicator;
  • From – the lower borders of the range of second indicator values, in which the EA is allowed to open positions;
  • To – the upper borders of the range of second indicator values, in which the EA is allowed to open positions;
  • Initial lot – an initial lot.
  • Autolot – enable/disable auto lot calculation.
  • Auto lot size – the amount of the deposit, on which Lot is to be used when Auto lot is enabled.
  • Max Lot – maximum lot size for the EA operation.
  • Take Profit, points – real take profit in points.
  • Stop Loss, points – real stop loss.
  • Virtual Take Profit – virtual take profit.
  • Option Take Profit – select the take profit operation based on the bar Open / the current price.
  • Level of Taking Profit – select the take profit calculation based on the breakeven/the last order.
  • Virtual Stop Loss – virtual stop loss.
  • Options Stop Loss – select the stop loss operation based on the bar Open / the current price.
  • Max Orders – the maximum number of open orders.
  • Star Hour – the EA operation start hour.
  • End Hour – the EA operation end hour.
  • Use Wednesday Logics – if true, the EA will not work on Wednesday at night, if false it will work in the normal mode;
  • End Time Friday – time to stop trading on Friday;
  • Max Spread – maximum spread, at which the EA is allowed to open and close positions;
  • Show Statistics – show/hide statistics;
  • Show Button Close – enable/disable the button for closing orders.
  • Magic EA – the magic number for the Expert Advisor to identify its positions;
  • Take Profit, points – physical take profit;
  • Stop Loss, points – physical stop-loss;
  • FontSize – setting the font size in the panel;
  • Close all orders at taking or stop – on/off closing both directions simultaneously;
  • Imp1DRAW, Imp2DRAW, Imp3DRAW – display news on the chart (enable/disable).
  • Pause before (after) high importance news – the number of minutes to suspend the EA operation before (after) high-impact news.
  • Pause before (after) medium importance news – the number of minutes to suspend the EA operation before (after) medium-impact news.
  • Pause before (after) low importance news – the number of minutes to suspend the EA operation before (after) low-impact news.
  • Pause after low importance news – the number of minutes to suspend the EA operation before low-impact news.
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