
Green Hawk MT4 is a short-term scalping expert advisor for MetaTrader 4 that places one protected trade at a time per symbol. It is built mainly for M5 charts on major forex pairs.
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Green Hawk MT4 is an automated scalping expert advisor for MetaTrader 4. It looks for short-lived price moves around recent support and resistance areas and opens trades that are meant to last only a short time, with the exit levels set when the order is placed.
The EA watches price on the M5 chart and waits for the market to return toward levels it has just left. When its conditions are met, it opens a single position with a stop loss and take profit attached from the start. It does not leave a trade without protection while it waits for a later decision.
The store tags for this product include grid, while the seller describes the position handling as one trade per symbol with no averaging. Look at how it behaves on a demo account and read the seller's own documentation, so you know exactly how it manages orders before you use real money.
The suggested timeframe is M5. The pairs usually mentioned are GBPUSD, EURUSD, USDCAD, EURGBP, EURCHF, USDCHF, AUDCAD, AUDUSD and CADCHF, with GBPUSD on M5 given as a reference setup. Other symbols can be tried, but because the method is sensitive to spread, test them carefully first.
The EA can trade several symbols from one chart. Switch on the multi-symbol option and list the symbols in the inputs. In that mode it is normally attached to a single chart, for example EURUSD on M5, rather than to every chart.
The exact input list can differ between builds, so open the input tab after loading the EA and read each parameter. The ones most buyers will want to look at are below.
| Input | Purpose |
|---|---|
| Act. Multi Symbol | Turns on trading of a list of symbols from one chart |
| Auto Lot Size | Chooses the lot size from account equity |
| Auto Lot Size Percent | Sets how large the automatic lot is relative to equity; adjust it if your leverage differs from the suggested level |
| News filter and time options | Controls when trading pauses; check how they relate to your broker's server time |
Default values are not listed here, so check them in the terminal and compare them with the seller's guidance before going live.
Trading carries risk, and past results do not predict future ones. A stop loss limits the loss on a single trade but does not remove the risk of slippage, wide spreads or gaps. Test on a demo account and only risk money you can afford to lose.
A VPS with a stable connection is a sensible choice for any EA that must run continuously. Pick a low-spread ECN or RAW broker, and confirm how its server time compares with the time the EA expects.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor, .ex4) |
| Strategy focus | Scalping, Grid, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, automated trading |
| Trade style | Short-term scalping, price-return and support/resistance logic |
| Suggested timeframe | M5 |
| Markets | Forex majors and crosses such as GBPUSD, EURUSD, USDCAD, EURGBP |
| Position handling | One trade per symbol at a time, fixed SL and TP |
| Account type | Low-spread ECN or RAW account suggested |
| Requirements | MT4 terminal, automated trading enabled, stable connection or VPS |
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No. This listing is the MetaTrader 4 build and will only load in an MT4 terminal. If you trade on MT5, you need a separate MT5 product, so check the platform before you buy.
The seller points to the M5 timeframe and to major forex pairs such as GBPUSD, EURUSD, USDCAD, EURGBP and a few others. Other pairs can be tested, but do that on a demo account first. In multi-symbol mode the EA is normally attached to one chart only.
Yes. Scalping systems react strongly to spread and execution speed, so a low-spread ECN or RAW account is usually advised. Server time also matters for the news filter and trading hours. If your broker does not use the server time the EA expects, check the time-related inputs before trading.
Copy the expert file into the MQL4/Experts folder through File, Open Data Folder in MT4, then restart the terminal or refresh the Navigator. Drag the EA onto a chart and make sure AutoTrading is switched on. DLL imports are not needed, so leave that option off.
The seller describes it as compatible with prop firm rules, but firms change their conditions. Read the current rules of your firm on news trading, lot sizes and drawdown, and test the settings on a demo account first.
The seller mentions a small minimum balance and a leverage of about 1:500, with lower leverage also workable. Treat these as starting points, not guarantees. Check lot size and drawdown on a demo account against your own balance and risk limit.
Green Hawk MT4
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