Apex Scalper V2.2 EA MT4 Review and Guide

Introduction

Are you tired of manual scalping and endless chart-watching? The Forex market moves fast, and missing entry or exit points can mean lost pips or blown-up accounts. That’s where Apex Scalper V2.2 EA MT4 comes in. Apex Scalper is a free expert advisor designed to automate high-frequency, low-risk scalp trades on your MetaTrader 4 platform. In this post, we’ll dive into why traders love Apex Scalper, how it works, and how you can get up and running in minutes. Whether you’re a beginner looking to add a reliable EA to your toolkit, or a pro trader seeking additional automated edge, Apex Scalper V2.2 EA has something for you. Let’s jump right in!

Overview

Apex Scalper V2.2 EA MT4 is built for one simple purpose: scalp small but consistent profits in volatile currency pairs. It uses a combination of dynamic indicators, price-action triggers, and strict money-management rules to find short-term opportunities. Some of the key design points include:

No Martingale: The strategy avoids dangerous lot multipliers, opting instead for fixed or low-risk position sizing.

Adaptive Filters: It scans for trends and consolidations to determine optimal entry and exit zones.

Minimal Drawdown Focus: Targeting 5–10 pips per scalp, it closes positions quickly to reduce market exposure.

User-Friendly Inputs: You don’t need to decode dozens of parameters; the default settings are already optimized for the popular EURUSD 5-minute and 1-minute charts.

Behind the scenes, Apex Scalper uses a blend of technical indicators (e.g., EMA crossovers, RSI thresholds, and custom volatility filters) to catch micro-trends. It was stress-tested on years of tick data and has been running on live demo accounts since mid-2023. Many traders report a consistent 1–2% daily return when run on a low-spread broker, tho of course past performance is no guarantee of future results. The most appealing part? It’s completely free—no paywalls or hidden upsells—hosted on fxcracked.org.

Key Features

Below are some of the standout features that make Apex Scalper V2.2 EA MT4 a top choice for scalp traders:

1–2% Daily Profit Target on average, depending on market conditions.

Max Drawdown 5% (configurable by the user) to preserve your capital.

No Martingale: Maintains fixed lot sizing and risk per trade.

Multiple Timeframe Support: Optimized for M1, M5, and M15 charts.

Low-Spread Compatible: Works best with ECN/PRO accounts offering spreads from 0.1 pips.

Auto-Breakeven & Trailing Stop: Locks in profits on winning trades.

Dynamic News Filter: Pauses EA during major economic releases to avoid volatility spikes.

SL/TP Break-Even Lock: Automatically moves the stop-loss to breakeven once a small profit is reached.

Drawdown Protection: If equity drops by a preset percentage, the EA suspends trading for the day.

Compact Parameter List: Only 12 essential inputs—just tweak risk and timeframe, and you’re ready.

Backtested & Verified: Equity curves and detailed stats available for 2018–2024 tick data.

Fully Compatible with most popular brokers: RoboForex, IC Markets, XM, and others.

These core benefits ensure that whether you’re running the EA on a $500 or $50,000 account, you’ll have a sensible risk-management framework to protect your equity. Plus, because it’s free, you can test it on a demo forever before committing real funds.

Backtest Results & Proof

One of the first questions traders ask is: “Does it actually work?” Apex Scalper V2.2 has been backtested extensively on EURUSD M5 from January 1, 2018, through December 31, 2023, using real tick data and realistic spread/slippage assumptions. Here’s a summary of the results:

Initial Balance: $10,000

Backtest Period: 01/01/2018 – 12/31/2023 (6 years)

Net Profit: $48,750 (487.5% gain)

Total Trades: 12,432

Winning Trades: 68.4%

Max Drawdown: 4.8%

Profit Factor: 2.15

Average Profit Trade: $12.05

Average Loss Trade: $8.98

The equity curve (see Image #1) shows relatively steady growth with only minor retracements—exactly what scalpers want: many small wins, few outsized losses. The drawdown never breaches 5%, thanks to the EA’s built-in protections.

On live market conditions (March 2023 onward), a monitored demo account using small lots produced roughly 1.3% net profit per day on average during calm markets, tapering to 0.8% during high volatility (e.g., around FED announcements). This performance aligns closely with the backtest stats, indicating robustness rather than an over-optimized “curve-fit.”

These visuals give confidence that the EA can perform well in varying market regimes. Of course, live performance can differ, so always demo-test before going live.

How to Install & Configure

Getting started with Apex Scalper V2.2 EA MT4 is straightforward. Just follow these steps:

Download the EA file

Visit the official download page: https://fxcracked.org/download/apex-scalper-v2-2-ea-mt4

Click “Download Now” and save the ApexScalper_v2.2.mq4 (or compiled .ex4) to your PC.

Copy to MT4

Open your MetaTrader 4 terminal.

Go to File → Open Data Folder → MQL4 → Experts.

Paste the EA file (ApexScalper_v2.2.ex4) into the Experts folder.

Refresh & Attach

In MT4, open the Navigator panel (Ctrl+N) and right-click on “Expert Advisors,” then choose Refresh.

Locate “Apex Scalper V2.2” under “Expert Advisors,” and drag it onto your chosen chart (e.g., EURUSD M5).

Configure Settings

In the EA’s “Inputs” tab, adjust only these essential parameters:

RiskPercent (default 1% per trade)

MaxDailyDrawdown (default 5%)

Timeframe (M5 is recommended)

MaxTradesPerDay (default 20)

UseNewsFilter (true to pause during high-impact releases)

All other inputs are pre-optimized; leave them at default unless you know what you’re doing.

Click OK to load the EA.

Activate Auto-Trading

Ensure “AutoTrading” is enabled in MT4 (green play button on the toolbar).

A small smiling face icon should appear on the chart, indicating the EA is active.

Monitor the first few trades to confirm proper operation.

Once configured, Apex Scalper will begin scanning for scalp opportunities. You can leave it running unattended, but it’s wise to check in periodically for updates or news-filter tweaks.

Why Choose Apex Scalper V2.2 EA

You might be wondering why Apex Scalper stands out among dozens of free scalping EAs out there. Here are a few reasons:

Proven Track Record: Backtests over six years and live-demo verification show consistent, low-drawdown performance.

No Hidden Costs: Completely free—no subscription, no forced upsells, no usage limitations.

Simplicity: Only 12 essential inputs—ideal for beginners who don’t want to tweak dozens of parameters.

Flexible Security: You control daily drawdown limits, lot sizes, and news filtering to match your risk profile.

Ongoing Updates: Developed and maintained by the YoForex team, you can expect periodic optimizations as market conditions evolve (learn more About Us).

Community Support: Join the Apex Scalper Telegram group to share ideas, ask questions, and download the latest builds.

Apex Scalper was designed by a group of professional quant traders and coders who’d grown frustrated with overcomplicated EAs requiring constant parameter adjustments. They wanted a “plug-and-play” solution that simply scalp a few pips every few minutes when conditions align. You’ll find that Apex Scalper ticks all those boxes.

Support & Disclaimer

Despite its strengths, no EA is perfect. Here’s what you need to know:

Support:

If you hit a bug or need assistance, reach out via WhatsApp at +44 330 027 2265 or join our Telegram group.

The YoForex development team is active in both channels to help with installation issues, parameter questions, or strategy clarifications.

Disclaimer:

Past Performance ≠ Future Results: Backtest and demo results aren’t guarantees of live profits.

Trade Responsibly: Always start on a demo before moving to a live account.

Risk Warning: Scalping strategies can expose you to sudden news spikes or liquidity gaps—especially around major news releases. Use the built-in news filter and never exceed your risk tolerance.

Broker Selection Matters: Apex Scalper performs best on low-spread ECN/PRO accounts (e.g., RoboForex, IC Markets). Avoid brokers with inconsistent spreads or high latency.

As with any trading tool, your results depend on market conditions, proper settings, and risk management. Remember that losses are a natural part of any trading approach.