Bull V4 Guide – Buying and selling Methods – 9 September 2025

Bull Scalper v4.01 Consumer Guide

Scalping skilled advisor system

Introduction

The Bull Scalper v4.01 is a complicated Knowledgeable Advisor (EA) for MetaTrader 4/5, designed by Ofer Dvir, accessible at MQL5 Market. This EA employs a dynamic trailing cease mechanism and an optionally available AI-driven strategy to handle purchase or promote positions in a scalping technique. It’s tailor-made for merchants searching for automated buying and selling with customizable danger administration, place sizing, and visible suggestions on the chart.

This guide offers a complete information for putting in, configuring, and understanding the Bull Scalper v4.01 EA.

We’ll covers every setting as described within the EA’s enter parameters, explains their performance, and provides sensible suggestions for optimization. 

Visible references to the EA’s on-chart parts (e.g., place depend, revenue/loss labels, and subsequent place/trailing cease strains) are included to help understanding.

• Purchase the Bull Scalper v4.01 from MQL5 Market.

• Obtain the .ex4 or .ex5 file to your laptop.

• Open MetaTrader 4 or 5.

• Navigate to File > Open Information Folder > MQL4/MQL5 > Specialists.

• Copy the Bull Scalper v4.01 file into the Specialists folder.

• refresh the Navigator panel.

• Open a chart to your desired buying and selling instrument (e.g., EURUSD).

• Drag the Bull Scalper v4.01 EA from the Navigator panel onto the chart.

• Within the settings window, configure the enter parameters (see Enter Parameters (#input-parameters)).

• Guarantee “Permit Algo Buying and selling” is enabled in MetaTrader’s settings.

• Click on the AutoTrading button in MetaTrader (it ought to flip inexperienced).

• Confirm that the EA’s educational hat is blue or smiley face on MT4 seems within the top-right nook of the chart, indicating it’s energetic.

Observe: Guarantee your account has ample margin and is linked to a dependable knowledge feed. Take a look at the EA on a demo account earlier than utilizing it on a reside account.

Enter Parameters

The Bull Scalper v4.01 provides a variety of settings grouped into 5 classes. Under, every parameter is defined primarily based on its description within the code, with steerage on learn how to configure it and its impression on buying and selling conduct. The settings are offered as they seem within the EA’s enter dialog.

Basic Settings

These settings management the core conduct of the EA, together with commerce identification and place administration.

1. Magic quantity for commerce identification (Default: 123)

• Goal: Assigns a novel identifier to trades opened by this EA, permitting it to differentiate its positions from others.

• Utilization: Enter a novel quantity (e.g., 123456) to keep away from conflicts with different EAs or guide trades on the identical chart.

• Tip: Make sure the magic quantity is exclusive for every occasion of the EA if operating on a number of charts.

• Goal: Determines whether or not the EA opens an preliminary purchase place when no positions are open.

• Utilization: Set to true to permit computerized opening of a purchase place when no positions exist. Set to false to disable this conduct.and place first place on you personal selecting

• Tip: Allow this for absolutely automated scalping; disable it if you need guide management over preliminary positions.do word that with out first place EA is not going to open any positions

• Goal: Limits the variety of simultaneous purchase positions the EA can open.

• Utilization: Set a worth (e.g., 10–50) primarily based in your danger tolerance and account dimension. Greater values improve publicity.

• Tip: Begin with 2–5 positions on smaller accounts to restrict danger. Alter primarily based on backtesting outcomes.

• Goal: Defines the bottom lot dimension for every commerce.

• Utilization: Enter a worth inside your dealer’s minimal and most lot dimension limits (e.g., 0.01–10.0). The EA adjusts this if it exceeds dealer limits.

• Tip: Use a small lot dimension (e.g., 0.01) for testing. Improve cautiously primarily based on account steadiness and danger administration.

• Goal: Units a minimal time delay between opening new positions to stop over-trading.

• Utilization: Enter a worth in seconds (e.g., 60–300). Greater values cut back commerce frequency.

• Tip: Improve this worth in low-volatility markets to keep away from fast place openings.

Dynamic and AI Settings

These settings allow the EA’s AI-driven calculations for dynamic trailing stops and place spacing.

1. Use AI module for dynamic calculations (true) or guide (Default: true)

• Goal: Permits or disables the AI module, which calculates trailing cease and place spacing primarily based on historic candle knowledge.

• Utilization: Set to true for AI-driven dynamic values or false to make use of guide settings (e.g., Worth lower factors, Trailing cease begin).

• Tip: Allow AI mode for adaptive conduct in unstable markets. Use guide mode for upfront set of controls.

• Goal: Specifies the timeframe for the AI module to research candle knowledge (e.g., M15 = 15-minute chart).

• Utilization: Select a timeframe (e.g., PERIOD_M5, PERIOD_M15, PERIOD_H1) that matches your buying and selling model. Shorter timeframes are extra delicate to cost adjustments.

• Tip: M15 is an effective steadiness for scalping. Take a look at M5 for quicker markets or H1 for slower, trend-based buying and selling.

• Goal: Adjusts the aggressiveness of AI-calculated trailing stops and place spacing.

• Utilization: Enter a worth (e.g., 0.5–2.0). Greater values make trailing stops tighter and place spacing wider.

• Tip: Begin with 0.5 and alter primarily based on backtesting to steadiness revenue seize and danger.

• Goal: Aligns new purchase positions to the closest low worth throughout the AI lookback timeframe, enhancing entry factors.

• Utilization: Set to true to allow magnetizer logic or false to make use of commonplace spacing.

• Tip: Allow in trending markets to optimize entries. Disable in uneven markets to keep away from untimely entries.

• Goal: Multiplies the AI-calculated place spacing to manage the gap between new positions.

• Utilization: Enter a worth (e.g., 1.0–5.0). Greater values improve spacing, lowering place frequency.

• Tip: Use 0.5–2.0 for average spacing. Improve in unstable markets to keep away from over-trading.

• Goal: Units the worth drop (in factors) required to open a brand new place in guide mode.

• Utilization: Enter a worth (e.g., 500–5000). Used solely when AI module is disabled.

• Tip: Alter primarily based on the instrument’s volatility (e.g., 1000 for EURUSD, 3000 for XAUUSD,9000 for nasdaq100).

Trailing Cease Settings

These settings configure the trailing cease mechanism, which protects income by adjusting stop-loss ranges as costs transfer favorably.

1. Trailing cease begin in factors (Default: 1000)

• Goal: Units the revenue threshold (in factors) at which the trailing cease prompts.

• Utilization: Enter a worth (e.g., 500–2000). Greater values delay trailing cease activation.

• Tip: Use smaller values (e.g., 500) for scalping; bigger values for swing buying and selling. By switching forwards and backwards to revenue in factors on the mt5 Commerce tab you’ll be able to have an understanding of the factors to revenue in forex 

• Goal: Defines the gap (in factors) between the present worth and the trailing cease stage.

• Utilization: Enter a worth (e.g., 400–1500). Smaller values create tighter stops, rising danger of early exit.

• Tip: Alter primarily based on market volatility. Use 500–800 for foreign exchange pairs like EURUSD.

• Goal: Permits inactive trailing stops to regularly loosen if the worth stagnates.

• Utilization: Set to true to allow fallback or false to maintain trailing stops mounted.

• Tip: Allow to keep away from untimely stop-outs in ranging markets. Disable for strict cease administration.

• Goal: Units the time delay earlier than the fallback mechanism adjusts inactive trailing stops.

• Utilization: Enter a worth in seconds (e.g., 60–300). Longer delays protect tighter stops.

• Tip: Use 120–180 seconds for scalping to steadiness flexibility and safety.

• Goal: Defines the speed at which inactive trailing stops loosen (as a proportion per second).

• Utilization: Enter a worth (e.g., 0.5–2.0). Greater values loosen stops quicker.

• Tip: Maintain at 1.0 for average changes. Improve for extremely unstable markets.

• Goal: Ensures a minimal distance between open positions to stop clustering.

• Utilization: Enter a worth (e.g., 50–200). Greater values cut back place frequency.

• Tip: Use 100–150 for foreign exchange pairs to keep up manageable spacing.

Danger Administration Settings

These settings defend your account by limiting losses and managing margin utilization.

1. Allow danger restrict for positions (Default: true)

• Goal: Closes positions that exceed a specified loss threshold.

• Utilization: Set to true to allow loss limits or false to disable.

• Tip: Disable for buying and selling.

• Goal: Units the utmost loss (in factors) allowed per place earlier than it’s closed.

• Utilization: Enter a worth (e.g., 1000–10000). Greater values permit bigger losses.

• Tip: Set primarily based in your danger tolerance (e.g., 2000 for conservative buying and selling).

• Goal: Delays closing positions that exceed the loss restrict, permitting potential restoration.

• Utilization: Set to true to allow the delay or false for rapid closure.

• Tip: Allow to keep away from untimely exits in unstable markets.

• Goal: Units the delay earlier than closing a place that exceeds the loss restrict.

• Utilization: Enter a worth in seconds (e.g., 60–600). Longer delays improve danger.

• Tip: Use 180–300 seconds for a steadiness between security and adaptability.

• Goal: Prevents opening new positions if margin ranges are inadequate.

• Utilization: Set to true to implement margin checks or false to bypass them.

• Tip: Maintain enabled to guard in opposition to margin calls, particularly on leveraged accounts.

• Goal: Units the utmost account drawdown proportion earlier than buying and selling halts or positions shut.

• Utilization: Enter a worth (e.g., 1.0–10.0). Decrease values are extra conservative.

• Tip: Set to 2–5% for conservative buying and selling; alter greater for aggressive methods.

• Goal: Closes all open positions if the utmost drawdown is reached.

• Utilization: Set to true to shut all positions or false to halt buying and selling with out closing.

• Tip: Allow for strict danger management; disable to permit guide intervention.

• Goal: Triggers a purchase order when a specified variety of promote positions cluster at a worth stage.

• Utilization: Enter a worth (e.g., 2–5). Greater values require extra promote positions to set off a purchase.

• Tip: Use 2–3 for quicker response to promote clusters; improve for affirmation in robust tendencies.

• Goal: Prevents opening new positions if the worth reaches a current excessive, avoiding overbought situations.

• Utilization: Set to true to allow the filter or false to disable.

• Tip: Allow in trending markets to keep away from shopping for at peaks.

• Goal: Units the lookback interval (in hours) for detecting current worth highs.

• Utilization: Enter a worth (e.g., 1–24). Longer durations take into account older highs.

• Tip: Use 4–8 hours for scalping to steadiness sensitivity and reliability.

• Goal: Pauses buying and selling after an error (e.g., inadequate margin) to stop fast retries.

• Utilization: Enter a worth in seconds (e.g., 5–30). Longer delays cut back retry frequency.

• Tip: Maintain at 10–15 seconds to permit restoration from short-term points.

Lot Dimension Adjustment Settings

These settings management how the EA adjusts lot sizes for brand spanking new positions.

1. Use incremental lot dimension for trailing cease positions (Default: false)

• Goal: Will increase lot sizes for positions opened attributable to trailing cease triggers.

• Utilization: Set to true to allow incremental lot sizes or false to make use of the bottom lot dimension.

• Tip: Allow for aggressive methods; disable for constant place sizing.

• Goal: Doubles the lot dimension of the final closed place for trailing cease positions.

• Utilization: Set to true for aggressive sizing or false for traditional increments.

• Tip: Use cautiously, as this will considerably improve danger.

• Goal: Will increase lot sizes for positions opened primarily based on worth drops (DCA).

• Utilization: Set to true to allow incremental lot sizes or false to make use of the bottom lot dimension.

• Tip: Allow to scale into positions throughout pullbacks; disable for conservative buying and selling.

• Goal: Doubles the lot dimension of the final closed place for price-based positions.

• Utilization: Set to true for aggressive sizing or false for traditional increments.

• Tip: Use with warning attributable to elevated danger publicity.

Show Settings

These settings management the visible suggestions displayed on the chart.

1. Show open place depend on chart (Default: true)

• Goal: Reveals the variety of open positions and most allowed positions on the chart.

• Utilization: Set to true to show the depend or false to cover it.

• Tip: Allow for real-time monitoring of place limits.

• Goal: Shows revenue/loss labels for closed positions at their closing worth and time.

• Utilization: Set to true to point out labels or false to disable.

• Tip: Allow to trace commerce efficiency visually. (See On-Chart Visuals (#on-chart-visuals) for examples.)

• Goal: Units the colour for constructive revenue/loss labels.

• Utilization: Select from Inexperienced, Lime, Blue, Yellow, White, or Gold.

• Tip: Choose a colour that contrasts along with your chart background (e.g., Inexperienced on darkish backgrounds).

• Goal: Units the colour for the horizontal line indicating the following purchase place stage.

• Utilization: Select from Inexperienced, Lime, Blue, Yellow, White, or Gold.

• Tip: Use a definite colour (e.g., Yellow) to distinguish from different chart strains.

On-Chart Visuals

The Bull Scalper v4.01 enhances usability with visible parts displayed on the chart. Under are descriptions of those parts.

1. Open Place Depend:

• Description: A label on the prime heart of the chart displaying the present variety of open purchase positions and the utmost allowed (e.g., “Purchase Positions: 2/5”).

• Goal: Helps monitor place limits in real-time.

2. Revenue/Loss Labels:

• Description: Textual content labels seem on the closing worth and time of every closed place, displaying the revenue/loss (e.g., “+25.50$” or “-10.75$”).

• Goal: Supplies a visible historical past of commerce outcomes.

  
  

3. Subsequent Place Degree Line:

• Description: A horizontal Inexperienced line indicating the worth stage the place the following purchase place will open.

• Look: Strong line within the chosen Subsequent place line colour (e.g., Inexperienced)

• Goal: Visualizes the entry level for the following place, aiding in technique planning.

  
  

4. Trailing Cease Degree Line:

• Description: A horizontal line displaying the theoretical trailing cease entry stage for the bottom open place, calculated because the open worth plus the trailing cease begin.

• Look: Dashed line in BurlyWood, with a tooltip (e.g., “Theoretical Trailing Cease (Visible Solely): 1.12400”).

• Goal: Helps visualize the trailing cease set off level for the bottom place.this can change with the delicate settings 

Observe: Guarantee Show open place depend on chart and Present Revenue/Loss labels on chart are enabled to view these parts. Alter chart colours to make sure visibility in opposition to your chart background.

Utilization Suggestions

• Take a look at on Demo First: All the time backtest and forward-test the EA on a demo account to know its conduct along with your chosen settings and instrument.

• Optimize for Instrument: Alter settings like Worth lower factors to subsequent place and Trailing cease begin primarily based on the volatility of the traded instrument (e.g., decrease for foreign exchange, greater for commodities like XAUUSD).

• Monitor Margin: Allow Use margin limitation to stop over-leveraging, particularly on small accounts.

• Use AI Mode Correctly: The AI module (Use AI module for dynamic calculations) adapts to market situations however might require tweaking the Sensitivity issue for optimum efficiency.

• Test Visuals: Use the on-chart visuals to observe the EA’s actions in real-time. Guarantee Show Settings are enabled for full transparency.

• Backtest Settings: Use MetaTrader’s Technique Tester to experiment with settings like Most variety of EA positions and Most allowed drawdown to discover a steadiness between danger and reward.

• Timeframe Choice: The AI lookback timeframe ought to align along with your buying and selling model (e.g., M5 for aggressive scalping, M15 for balanced buying and selling).

Troubleshooting

For persistent points, seek the advice of the MQL5 group or contact the developer (see Contact and Help (#contact-and-support)).

Contact and Help

This guide offers a complete information to utilizing the Bull Scalper v4.01 EA. By fastidiously configuring the settings and monitoring the on-chart visuals, you’ll be able to tailor the EA to your buying and selling model and danger preferences. For additional help, check with the troubleshooting part or contact me by way of MQL5.

Comfortable Buying and selling!