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An MT4 expert advisor that scalps the NAS100 index on the 1-minute chart, aiming at momentum around the New York open. It limits itself to two trades a day and moves its stop loss in stages as a trade gains.
Get one message the moment it launches, with its price.
Nas100 Scalping EA is an automated expert advisor for MetaTrader 4 that trades short-term moves in the NAS100 index. It focuses on the burst of momentum that often follows the New York stock market open and keeps its activity deliberately limited.
The EA watches the NAS100 chart on the 1-minute timeframe and looks for momentum setups around the US cash session open. When it finds one it opens a trade and aims to capture a small move over a few minutes. According to the seller, it places no more than two trades per day, which keeps exposure and trading costs contained.
Once a trade is open, the stop loss is adjusted in stages as the position gains. The seller describes these steps as follows:
The idea is to reduce the chance that a trade which has moved in your favour turns into a full loss. It does not remove the possibility of losing trades, slippage or gaps.
The EA is built for NAS100 only and runs on the M1 chart only. Attaching it to other symbols or timeframes is not the intended use. Index symbol names vary by broker, so confirm the exact name and the trading hours your broker uses, including how server time relates to the New York open.
Set files are said to be provided with the product. The exact input names and defaults can differ, so open the inputs tab and read each one before going live. The seller states the following design parameters:
| Item | Stated behaviour |
|---|---|
| Risk per trade | 1% of the account |
| Trades per day | Maximum of two |
| Timeframe | M1 |
| Lot size | Can be scaled up or down; check the input options |
If you backtest in the Strategy Tester, use the mode based on real ticks, since scalping results are sensitive to tick quality and spread. Then run a demo account for a period that includes several New York opens before you consider a live account.
Trading leveraged index products carries a high level of risk. Past results, including backtests and any trade history shown by the seller, do not predict future ones. Only trade with money you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor) |
| Strategy focus | Scalping, Momentum |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Market | NAS100 (Nasdaq 100 index CFD) |
| Timeframe | M1 only |
| Trade style | Scalping, momentum at the New York open |
| Account type | Hedging account required |
| Stated deposit | Check the seller's minimum and recommended figures |
| Other requirements | Low-spread broker; VPS optional |
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This listing is the MT4 build and will only run in MetaTrader 4. An MT5 edition of the product exists separately, so make sure you buy the one that matches your terminal.
It is designed for the NAS100 index on the 1-minute chart only. Symbol names differ between brokers (for example NAS100, US100 or USTEC), so check how your broker names the index and that it is available on your account.
A broker with low spreads on the index and a hedging account type. Leverage and the minimum deposit depend on your broker and your own risk tolerance, so check the figures the seller states and test on a demo account before using real money.
Download and unzip the package, then in MT4 choose File, Open Data Folder and copy the EA file into MQL4/Experts. Restart MT4 or refresh the Navigator, open an NAS100 M1 chart, drag the EA onto it and enable Algo Trading.
A VPS is optional. It is useful because the EA depends on a stable connection around the New York open, and a home computer going offline at that time would cause missed trades.
No result can be promised. Trading carries risk, and past results, including backtests, do not predict future ones. Test on a demo account first and only risk money you can afford to lose.
Nas100 Scalping EA
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