Scrappy EA V1.3 MT4 – GBPUSD Scalping on M5


Introduction


Scalping forex successfully requires speed, discipline, and a strong edge. Many traders love GBPUSD because of its volatility and movement during London and New York sessions. To take advantage of this, the Scrappy EA V1.3 MT4 was designed — a scalping-focused expert advisor that specializes in GBPUSD on the M5 timeframe.


This EA executes trades quickly, with a high-frequency, low-pip target strategy, while managing risk through built-in controls. Perfect for traders who want steady gains without monitoring charts all day.


Overview of Scrappy EA V1.3 MT4


The Scrappy EA is a MetaTrader 4 expert advisor that trades GBPUSD exclusively. It’s optimized for the M5 (5-minute) timeframe, where it looks for short-term opportunities based on volatility and momentum filters.


Unlike risky martingale or grid-based bots, Scrappy EA uses precise entries and small profit targets for safer, consistent growth.


Highlights:



  • Optimized for GBPUSD.

  • Designed for M5 scalping.

  • No martingale, no grid.

  • Dynamic risk controls for safer trading.



Key Features



  • Pair-Specific Optimization – Tailored for GBPUSD behavior.

  • Scalping Logic – Small pip targets on M5 timeframe.

  • High-Frequency Trading – Multiple trades daily in active sessions.

  • Risk Management Tools – SL/TP, trailing stop, breakeven move.

  • Low Drawdown – Focuses on capital preservation.

  • No Martingale/Grid – Safer than compounding EAs.

  • Customizable Settings – Choose lot size, SL/TP, trailing distance.

  • Broker Friendly – Works with ECN/STP brokers with low spreads.

  • Beginner-Friendly Setup – Ready-to-use with default presets.

  • Lightweight Code – Runs smoothly even on VPS with multiple charts.


How Scrappy EA Works


Scrappy EA looks for short-term price momentum on the GBPUSD M5 chart.



  1. Market Scan: Analyzes volatility and micro-trends.

  2. Signal Confirmation: Filters signals with momentum and spread conditions.

  3. Execution: Opens trades with tight SL and small TP targets.

  4. Trade Management: Uses trailing stop and breakeven function to secure gains.

  5. Exit: Closes trades quickly — usually within minutes.


This approach makes it ideal for scalpers who prefer frequent trades with low risk.


Backtest & Performance Insights


In YoForex’s backtests using 3 years of GBPUSD M5 data:



  • Profit Factor: 1.92

  • Win Rate: ~74%

  • Max Drawdown: 8.6%

  • Monthly ROI: 7–12% (moderate risk)


Equity curves showed steady, upward growth with controlled drawdowns — exactly what scalpers need for consistency.


Best Settings & Usage Tips



  • Pair: GBPUSD only.

  • Timeframe: M5 (5-minute).

  • Deposit: $200 minimum; $500+ recommended.

  • Leverage: 1:100 or higher.

  • Broker Type: ECN/STP with spreads under 1 pip.

  • VPS Hosting: Recommended for 24/7 execution.

  • Risk Settings: Lot size 0.01 per $200 or balance-based % risk.



Installation Guide



  1. Download Scrappy EA V1.3 MT4 from FXCracked.org.

  2. Open MT4 → File → Open Data Folder → MQL4 → Experts.

  3. Paste the .ex4 file into the Experts folder.

  4. Restart MT4.

  5. Attach Scrappy EA to a GBPUSD M5 chart.

  6. Enable AutoTrading.

  7. Adjust lot size and risk preferences.


Why Choose YoForex & FXCracked Tools?


YoForex + FXCracked EAs are trusted because:



  • 100% free to download.

  • Backtested & live-tested before release.

  • Regularly updated for performance.

  • Support available via WhatsApp & Telegram.


Check our Beginner’s Guide if you’re new to installing EAs.


Support 



Call to Action – Download Now


If you love GBPUSD and want to scalp with precision, try the Scrappy EA V1.3 MT4 today. Trade on the M5 timeframe with confidence and consistency.


Download Free from FXCracked.org
Get unlimited trader support via WhatsApp & Telegram.


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Happy Trading