
Pegasus Pro is an MT4 expert advisor that scalps major forex pairs with short trades and a small fixed stop loss. It is built for ECN accounts with tight spreads and a low-latency VPS.
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Pegasus Pro is an automated scalping expert advisor for MetaTrader 4. It opens and closes short-term trades on major currency pairs without manual input, using a small fixed stop loss on each position.
The expert follows a high-frequency style of scalping. It looks for short-lived price moves, enters with a tight protective stop, and aims to leave the market quickly. Because the stop is very small, results depend heavily on the spread, commission and execution speed you get from your broker.
The listing describes the approach as a scalper with a stop loss on every trade rather than a recovery method. Strategy labels vary, so confirm how orders are opened and sized by watching a demo account and the Strategy Tester before you commit funds.
Default input values may not suit every pair or broker, so load a recommended set file for the symbol before testing. The exact input names and values can differ between releases, so open the inputs tab and read each one before you start.
| Area | What to check |
|---|---|
| Lot size | Fixed or risk-based sizing, matched to your balance |
| Stop loss | The small per-trade stop, in pips or points |
| Spread filter | Maximum spread allowed before opening a trade |
| Magic number | Use a different one for each chart or pair |
| Trading hours | Avoid rollover and news periods with wide spreads |
Test with the lowest spread your broker offers on each pair, since a wide spread can remove the edge of a scalping system. Use good-quality tick data and compare tester results with a demo forward run. For live use, run the expert on a VPS with very low latency and place it in the same region as your broker's server.
Trading carries risk, and you can lose some or all of your capital. Past results, including any backtest or signal history, do not predict future ones. Scalping systems are especially exposed to spread widening, slippage and requotes. Start on a demo account and use only money you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | Scalping, Signals, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (EA) |
| Trade style | High-frequency scalping, automated |
| Suggested pairs | EURUSD, GBPUSD, USDJPY, NZDUSD, USDCAD |
| Timeframes | Not tied to one chart timeframe |
| Account type | ECN or similar low-spread account |
| Hosting | VPS with very low latency to the broker |
| Settings | Set files recommended before testing |
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No. This listing is for MetaTrader 4 only. An MT4 expert advisor cannot be loaded into MetaTrader 5, so check that your broker offers an MT4 account before buying.
Scalping logic like this depends on tight spreads and fast execution, so an ECN-style account with low commissions and spreads is the usual choice. Compare your broker's typical spread on the pairs you intend to trade, and test on a demo account first.
A VPS is strongly advised. Short-term trades are sensitive to latency, so pick a VPS located near your broker's trading server and check the ping before running the expert on a live account.
The default inputs may not be suitable for every pair or broker. Load the recommended set file for the symbol you trade, confirm the stop loss and lot settings, and run a backtest and a demo forward test before using real funds.
The product is described as a scalper with a small stop loss on each trade, not a recovery system. Because strategy labels can differ, watch how orders open and close in the Strategy Tester and on demo, and confirm the lot sizing behaviour before going live.
The expert is described as working on any chart timeframe, since it is not built around candle patterns. Check the instructions or set files for the timeframe the settings were prepared on, and keep it consistent with your tests.
Pegasus Pro
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