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H4 GBPUSD Trend Scalper

H4 GBPUSD Trend Scalper is a trend signal scalper

The EA trades according to the trend strategy using original built-in indicator for opening and closing orders.

The external inputs for limiting trading on Fridays and Mondays are available.

The purpose of the strategy is to use the current trend with the most benefit.

According to the results of testing and working on demo and real accounts, the best results achieved by using the Н4 timeframe on the GBP/USD pair

Works on MetaTrader 4 Build 971+


Settings (parameters for 4 digit quotes, automated recalculation for 5 digit quotes)

  • NEW_TRADES = true - enable trading;
  • SELL = true - open short positions;
  • BUY = true - open long positions;
  • Lots = 0.01 - fixed lot size;
  • Risk_Percent = 0.0 - lot size based on balance (1% = 0.01 / 1000 usd);
  • USD_PROFIT = 9999 - account profit to close all orders;
  • Max_Loss_Pips = 9999 - maximal loss in pips when the order will be closed by a signal;
  • Take_Profit = 100 - fixed profit in pips;
  • No_Loss_Distance = 40 - when the order is in profit more than No_Loss_Distance (pips), it will be protected with a stoploss;
  • Friday_TimeOut = false - enable trading on Fridays;
  • Monday_TimeOut = true - disable trading on Mondays;
  • Max_Spread = 5 - maximum spread to open BUY order;
  • Slippage = 5 - allowed slippage when orders are opened;
  • Magic_Number = 0 - magic number;
  • UseSound = false - sound notification about opening orders.
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Ruben Octavio Gonzalez Aviles
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DESCRIPTION With the CHAOS ALGO TRADING EA, You dont need anymore to guess prices direction, You can profit when prices move either in mark up or in mark down from the moment You activate the EA in Your trading account. The ALGO TRADING EA was created to fully automate the TRADING STRATEGY OF CHAOS, leaving the single TRADE OPEN and TRADE CLOSE to the EA, and keeping for the TRADER only the decision when to activate it or close it. The EA is best used in loops; so if USER activate it, and then
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Versión 5.3 2020.12.22
New external parameter RISK_PERCENT - IF ZERO, START LOT IS CONSTANT, else 1 percent = 0.01 lot per 1000 depo
Versión 5.2 2020.12.19
EUR/GBP optimized code
Versión 5.1 2020.11.05
Optimized for EUR/GBP pair
Versión 4.5 2016.08.16
Code optimized
Versión 4.4 2016.08.03
New External settings:

Max_Loss_Pips = 9999 - maximal loss in pips when the order will be closed by a signal;
Take_Profit = 100 - fixed profit in pips;
No_Loss_Distance = 40 - when the order is in profit more than No_Loss_Distance (pips), it will be
protected with a stoploss.
Versión 4.3 2016.07.14
Code optimization