Tiger Fury Forex Scalping EA For Metatrader 4

The Tiger Fury Forex scalping robot is an RSI based Forex MT4 expert advisor, developed to scalp the currency market on the lower time frames.

  • If the Tiger Fury EA’s value is less than BuyOp and its most recent value is greater than the previous one, then a buy is triggered by the EA.
  • If the Tiger Fury EA’s value is greater than SellOp and its most recent value is less than its previous one, then a sell is triggered by the robot.

The ‘Test’ parameter within the expert advisor’s settings denotes the RSI’s period.

The EA made $254.46 profit on the EUR/JPY 1-minute chart from an initial deposit of $400.

The expert advisor can be deployed on any currency pair of your preference.

Default EA settings:

Take Profit: 50, lots: 0.1, risk percentage: 10, trailing stop: 50, max orders: 1, buyop: 29, sellop: 74, magic number: 777, test: 11, sethour: 0, set minute: 10

The default EA settings can be modified directly by editing the source code or changing the robot’s input values.

It’s highly recommended to test the expert advisor for MT4 on a demo account first before running it on a real Forex account.

Download This MT4 Forex Robot Free

Download the “RSI_Test.mq4” Metatrader 4 Robot

Strategy Tester Performance Report

Find below the strategy tester performance report for the Tiger Fury expert advisor attached to the EUR/JPY 1-minute trading chart.

Strategy Tester Performance Highlights

The MT4 expert advisor made a total profit of $254.46 ($400 initial deposit) from 5 trades during the initial testing period.

The largest winning trade generated $52.07 in profit, while the largest losing trade lost -$0.00.

See the test results report above for all details.

Download This Expert Advisor Now

Download the “RSI_Test.mq4” MT4 Expert Advisor

Adjustable Parameters

Take Profit, lots, risk percentage, trailing stop, max orders, buyop, sellop, magic number, test, set hour, set minute

More Info About This Expert Advisor

Recommended Currency pairs: Any currency pair

Trading Platform: MT4

Time frames: M1-M15

Expert Advisor Type: Scalping

Installation

Copy and paste the expert advisor in the MT4 experts data folder.

Then restart the MT4 terminal and attach it to any chart.

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