Marlin Scalp EA v1.7 MT4 (Works on Build 1443+) | Forex Robot | MT4 Expert Advisor

Marlin Scalp EA v1.7 MT4 is an automated trading robot specifically designed for XAU/USD (Gold) trading on the MT4 platform. It uses an adaptive strategy that combines technical indicators and Price Action analysis to maximize profits and minimize risks, while featuring a crucial maximum drawdown control system to protect invested capital.

About the Author

This product is compiled by Dmitriq Evgenoeviz Ko. This author has more than +5 years of experience working on MQL5 with many famous products such as Merlin Scalp EA MT4, Golden Harmony MT4, Infinity Gold Impulse MT4, Pharaoh Gold MT4, Apex Gold MT4 and other advisors. Among them, Merlin Scalp MT4 is his best performing product.

Key Features of Merlin Scalp for MT4

XAU/USD Specialization: Designed to account for the unique features of gold price behavior, including high volatility and global event sensitivity.
Adaptive Strategy: Uses a combination of technical indicators and Price Action algorithms to determine optimal entries and exits.
Drawdown Control System: Includes a maximum drawdown control system alongside SL/TP to reliably protect invested capital.
Built-in Risk Management: Sets Stop Loss (SL) and Take Profit (TP) for each operation to define boundaries and prevent unexpected losses.
Customizable Parameters: Allows users to adjust lot size, SL/TP, and indicator parameters for personalization and risk alignment.

What is the Merlin Scalp EA Trading Strategy?

The core strategy is a flexible, adaptive model that continuously monitors the volatile Gold market. By combining technical analysis with Price Action, the EA aims to identify high-probability entry and exit points quickly, ensuring stability and a disciplined approach that flexibly responds to market changes.

Combined Analysis: The strategy combines technical indicators and Price Action to determine optimal trading conditions and execution points.
Flexible Market Response: Flexibly responds to changes in market conditions to ensure stable results and continued efficiency.
Disciplined Execution: Automatically executes trades faster and more accurately than a human, based on pre-set parameters.

Why Choose and Use Merlin Scalp EA?

24/5 Automated Trading: Operates around the clock, capturing market opportunities at any time without requiring constant trader monitoring.
Enhanced Safety: Maximum drawdown control adds an extra layer of security for capital protection in highly volatile markets.
Elimination of Emotion: Eliminates the influence of emotions on decision-making, providing a more disciplined and consistent trading approach.
Increased Efficiency: Analyzes the market and opens trades faster and more accurately than manual trading, potentially increasing profitability.
Ease of Use: Features an intuitive interface that makes it easy for even novice traders to install and configure.

Recommended Settings

• Trading platform : MetaTrader 4 (MT4)
• Time frames : M5 (5 minute chart)
• Currency pairs : XAUUSD (Gold)
• Minimum / Recommended deposit : $100
• Minimum / Recommended leverage : Any
• Account types : Any
• Product type : NoDLL / Unlimited / Unlocked

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

Important information!

For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)

Install a trading advisor on a VPS

Real Account Profit Recorded every Friday (end of the trading week)

What’s in the package?

Experts:

• Marlin Scalp EA v1.7 MT4.ex4

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

No Refund

Instant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.