Introduction

Tired of missing out on razor-thin profit windows… or worse, overpaying for a scalping robot that bails you out just when the market turns? You’re not alone. Many traders jump into scalping EAs expecting lightning-fast entries and exits, only to find slippage, curve-fitting, or hidden drawdowns eating away at their gains. Well, here’s a free solution that packs a punch: ScalpMancer EA V1.0 MT4. Brought to you by YoForex, this Expert Advisor is built for speed, precision, and rock-solid risk management—no martingale, no surprises. Whether you’re new to automated scalping or a seasoned pro looking for a no-cost edge, ScalpMancer EA delivers a streamlined approach to capturing those small but consistent ticks in the market.

Overview

ScalpMancer EA V1.0 MT4 is a fully back-tested, live-market-verified scalping Expert Advisor designed specifically for MetaTrader 4. Its core purpose? To identify fleeting price imbalances on major currency pairs—think EURUSD, GBPUSD, USDJPY—and execute sub-minute trades with surgical precision. Unlike many free EAs you’ll stumble upon on MQL5 that claim perfect backtests but flop live, ScalpMancer combines robust entry filters, dynamic stop-loss logic, and adaptive lot sizing to ensure you ride only the cleanest momentum moves.

Built by the YoForex development team—renowned for tools like AutoX EA V4.1 MT4 and Range Breakout EA V1.41 MT5—ScalpMancer leverages proven algorithms tested across multiple market regimes. You’ll find it’s surprisingly user-friendly: load it onto your chart, tweak a couple of inputs, and let it scan for scalp-worthy setups around the clock (or during your preferred trading sessions). Best of all, it’s 100% free on MQL5.software, so you can start scaling your scalps without touching your wallet.

 

ScalpMancer EA V1.0

 

Key Features

Feature Highlights

• 1–2% Daily Profit Targets
Aims for modest yet consistent gains each trading day, avoiding aggressive overtrading.
• Max Drawdown Capped at 5%
Conservative risk settings keep your account intact during sudden spikes or whipsaws.
• No Martingale Strategy
Relies on fixed or adaptive lot sizing—never doubling down on losing trades.
• Ultra-Low Spread Filter
Trades only when spreads are within your broker’s sweet spot, reducing slippage.
• Dynamic Stop-Loss & Take-Profit
Automatically adjusts based on recent volatility and ATR readings.
• Time-Based Exit Logic
If a trade hasn’t triggered profit or stopped out within a set minute window, it closes automatically.
• Session-Based Trading
Limit trading to London or New York sessions—or both—for optimal liquidity.
• Multi-Symbol Support
Run ScalpMancer on up to five pairs simultaneously to diversify scalp opportunities.
• One-Click Parameter Presets
Quickly switch between conservative, balanced, and aggressive modes.
• Live-Market Verification
Regular demo-account updates published on MQL5.software confirm real-time performance.

Each of these features works together so you can scalp smart, not hard. There’s no guesswork: ScalpMancer’s logic is transparent, tweakable, and built around solid risk-first principles.

Backtest Results & Proof

Over a large sample size of tick data spanning January 2020 to December 2024 on EURUSD M1, ScalpMancer EA V1.0 MT4 delivered an impressive equity curve—steady growth with minimal equity dips. Across 150,000 simulated trades, the system averaged +1.5% daily returns with a maximum drawdown of just 4.8%. The Sharpe ratio exceeded 1.9, and the win rate hovered around 68%, underscoring a high-frequency, high-probability approach that scales nicely even on modest accounts.

But backtests only tell part of the story. In a 30-day live-demo trial on a $1,000 account, ScalpMancer posted +23% net profits, maintained a 3.2% max drawdown, and executed over 1,200 trades—all without a single martingale recovery. These results have been logged and updated weekly on the MQL5.software product page so you can verify the numbers yourself.

 

ScalpMancer EA V1.0

 

How to Install & Configure

Follow these simple steps and you’ll be up and running in under five minutes:

1. Download the EA

Grab your free copy from the official MQL5.software page:

Download ScalpMancer EA V1.0 MT4
https://mql5.software/scalpmancer-ea-v1-0-mt4

2. Copy to MT4

– Open your MetaTrader 4 platform
– Go to File → Open Data Folder → MQL4 → Experts
– Paste ScalpMancer_EA.ex4 into the Experts folder

3. Refresh & Attach

– Restart MT4 or right-click Experts in the Navigator and select Refresh
– Drag ScalpMancer EA V1.0 MT4 onto any M1 chart of your preferred pair

4. Recommended Settings

– LotSizeMode: “Fixed”
– FixedLots: 0.01 (adjust per account size)
– MaxDrawdownPct: 5
– TradingSessions: London and New York

Feel free to experiment with presets—one-click conservative, balanced, or aggressive modes let you switch strategies on the fly.

Why Choose YoForex-Powered Tools?

At YoForex, we’re traders first, coders second… and we know what it’s like to lose hard-earned capital on under-tested robots. That’s why every tool—ScalpMancer included—undergoes both rigorous backtests and live-demo trials before release. Our team publishes regular performance snapshots, invites community feedback, and rolls out free updates whenever markets evolve. Best part is, you get premium-grade EAs without forking out subscription fees—so you can focus on trading, not licensing.

Support & Disclaimer

If you hit any bug or need a hand with settings, ping us on WhatsApp or join our Telegram group:

Disclaimer: Past performance is not a guarantee of future results. Automated trading carries inherent risk, including slippage, requotes, and broker downtime. Always test on a demo account before deploying live capital. Trade responsibly and adjust risk parameters to suit your experience level.

Call to Action

Ready to scalp smarter? Download ScalpMancer EA V1.0 MT4 now on MQL5.software and start capturing those fleeting price moves—totally free, no strings attached. Got questions? Our community’s got your back on WhatsApp and Telegram 24/7.

⚡️Upgrade: Pro version coming soon with multi-timeframe analysis, customizable indicators, and advanced trailing stops. Stay tuned!

 

Happy Trading!