Fed up with slow-moving indicators and missing out on quick intraday moves? The Saiteja Scalper EA V1.0 MT4 is engineered to spot and capture micro-trends on low-timeframe charts, so you can rack up pips with minimal drawdown. Designed for MetaTrader 4, this free Expert Advisor leverages custom momentum filters and adaptive stop-loss management to enter and exit trades in seconds. Whether you’re a newbie looking for an automated edge or a veteran wanting more precision, Saiteja Scalper has you covered—coz in fast markets, every millisecond counts.


Overview


The Saiteja Scalper EA V1.0 MT4 automates a multi-layered scalping strategy built around:



  • Momentum Detection: Monitors short-term RSI and ATR bands to gauge volatility spikes.

  • Trend Alignment: Filters trades only in the direction of a higher-TF moving average.

  • Adaptive Risk Control: Uses dynamic stop-loss based on recent ATR values to minimize whipsaw losses.


This EA works best on M1–M5 charts for major FX pairs (EURUSD, GBPUSD, USDJPY). It’s fully back-tested across multiple brokers, and its code is optimized to keep your MT4 platform running smoothly, even with multiple instances.


Key Features



  • Ultra-Fast Execution: Executes market entries within milliseconds of signal confirmation.

  • Multi-Indicator Confirmation: Combines RSI, ATR, and EMA filters for high-probability setups.

  • Dynamic Stop-Loss & Take-Profit: Auto-calculates SL/TP from ATR to adapt to current volatility.

  • Broker-Agnostic: Works on any broker with standard 5-digit or 4-digit pricing.

  • Non-Repainting Signals: All entries are based on closed candles, enabling honest backtests.

  • Trail-Stop Option: Lock in profits as price moves in your favor.

  • Risk Management Module: Cap per-trade risk percentage (default 1% of account equity).

  • Visual Dashboard: On-screen panel shows current trades, win rate, and daily P/L.

  • Alert Notifications: Popup and email alerts when positions open or close.

  • Lightweight Code: Minimal CPU usage even when running on multiple charts.


Saiteja Scalper EA


How Saiteja Scalper EA Works



  1. Trend Filter (EMA):

  2. A 50-period EMA on the M5 chart defines the primary trend. Trades only go long above the EMA and short below.

  3. Momentum Trigger (RSI + ATR):

  4. On the M1 chart, RSI (14) must cross above/below preset thresholds (e.g., 70 for shorts, 30 for longs).

  5. ATR (14) confirms volatility: signals activate only when ATR > 0.0008 (for EURUSD).

  6. Order Execution:

  7. EA sends a market order when both filters align. Entry price is the current bid/ask.

  8. Adaptive Exits:

  9. Initial SL/TP are set at 1× ATR distance.

  10. If enabled, the Trail-Stop activates at 0.5× ATR profit, following price in 0.2× ATR steps.


Installation & Configuration



  1. Download:

  2. Grab the EA for free:
    https://fxcracked.org/saiteja-scalper-ea-v1-0-mt4

  3. Install:

  4. In MT4: File → Open Data Folder → MQL4 → Experts

  5. Paste SaitejaScalper.ex4 into the folder.

  6. Restart MetaTrader 4.

  7. Attach to Chart:

  8. Under Navigator → Expert Advisors, drag Saiteja Scalper EA onto your M1 or M5 EURUSD chart.


Recommended Settings:



  • Magic Number: 2025

  • Risk per Trade: 1%

  • EMA Period: 50 (trend)

  • RSI Period: 14; BuyAbove=30; SellBelow=70

  • ATR Period: 14; Volatility Threshold=0.0008

  • Trail-Stop Enabled: True; Start=0.5×ATR; Step=0.2×ATR


Backtest Results & Live Performance



  • Total Trades: 8,450

  • Win Rate: 64%

  • Average Profit per Trade: 4.2 pips

  • Max Drawdown: 3.8%

  • Net Gain: +35,500 pips


Saiteja Scalper EA


Why Choose Saiteja Scalper EA?



  • Designed for Speed: Perfect for catching rapid intraday moves.

  • Adaptive Risk Controls: ATR-based SL/TP adapts to varying volatility—no static stops.

  • Transparent Logic: Non-repainting signals mean you trust your backtests.

  • Free & Continuously Updated: Benefit from community-driven improvements.

  • Trusted by YoForex: Our in-house devs rigorously QA every release.


Support & Disclaimer


Need assistance or spotted a bug? Reach out any time:




Disclaimer: Trading involves risk. Past results do not guarantee future profits. Always demo-test before going live and trade responsibly.



Call to Action


Ready to supercharge your scalping? Download Saiteja Scalper EA V1.0 MT4 now—100% free—and start capturing those quick pips with confidence. Unlimited updates and dedicated support await on WhatsApp and Telegram!