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Pulse Scalper is an MT4 expert advisor for EURCHF on the M1 chart. It looks for strong price impulses on closed bars and trades against them with fixed stops, without grids or martingale.
Get one message the moment it launches, with its price.
Pulse Scalper is an expert advisor for MetaTrader 4 that trades the EURCHF pair on the one-minute chart. It watches for sharp price impulses and takes positions in the opposite direction, aiming to catch a short pullback after the move.
The advisor evaluates closed bars only. It does not depend on tick-by-tick history, which means signals are not rebuilt while a candle is still forming. Once an impulse meets the sensitivity set in the inputs, the EA can open a trade against it.
Each position has a fixed stop loss and take profit. A separate tracking routine also watches open trades and can close them near local highs or lows. Normally only one position is open at a time. A second one may be added when the price has moved by the configured step.
The strategy is designed for EURCHF on M1. Other pairs or periods are not what it was built for, so if you try them, test thoroughly on a demo account first. Because EURCHF scalping is sensitive to spread and execution, a broker with tight, stable spreads on this pair is important.
The inputs are listed below. Default values are not reproduced here except where known, so review them in the input tab after attaching the EA.
| Input | Purpose |
|---|---|
| Magic | Magic number used to identify the EA's orders |
| Lots | Fixed lot size when money management is off |
| MM | Money management multiplier; 0 turns it off and uses the fixed lot |
| Volatility | Sensitivity for detecting price impulses |
| Stop | Stop loss distance |
| Take | Take profit distance |
| Step | Distance before another order may be opened on a new signal |
| GMTOffset | Trade server time shift from GMT (default +2) |
| SpreadLimit | Maximum allowed spread in points; 0 disables the filter |
With MM enabled, lot size grows in proportion to the account balance. At MM = 1 the lot is 0.1 for each 1,000 of deposit, and higher values scale it up accordingly. Higher multipliers increase both position size and potential drawdown, so choose a level you can tolerate and confirm it in your own tests.
Trading carries risk, including the loss of your deposit, and past results do not predict future ones. Scalping strategies are sensitive to spreads, slippage and execution speed. Test on a demo account before using real funds.
Before going live, confirm your broker's server time zone, typical EURCHF spread and minimum lot size so the settings suit your account.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | Scalping, Signals, Momentum |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Markets | EURCHF |
| Timeframe | M1 |
| Trade style | Scalping, counter-momentum, closed-bar signals |
| Position handling | Usually one open trade, occasionally a second after a set step |
| Risk controls | Fixed stop loss, take profit, spread limit, lot or MM sizing |
| Requirements | Algo trading enabled, broker with low EURCHF spreads |
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It is built for MetaTrader 4 and will not load in MetaTrader 5. If you use MT5, you need a product made for that platform.
Attach it to a EURCHF chart set to M1. It is designed around that pair and timeframe, so using other symbols or periods is outside its intended use and should be tested first.
Copy the expert file into the MQL4/Experts folder through File > Open Data Folder in MT4, restart the terminal or refresh the Navigator, then drag it onto a EURCHF M1 chart. Make sure algorithmic trading is switched on in the toolbar and in the EA properties.
GMTOffset should match the time zone of your broker's trade server relative to GMT. The default is +2. Servers west of GMT use a negative number, for example -5. Check your broker's server time before going live.
According to its description, it does not use grids, martingale or locking, and each trade has a fixed stop. Still, losing trades and drawdowns can happen, so test it on a demo account and size your lots carefully.
The logic uses closed bars only, so the Strategy Tester with the open prices model is suitable. Tick data quality, spread and broker conditions still affect results, and past results do not predict future ones.
Pulse Scalper MT4
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