Mon Scalper MT4 | Unbounded | Available

What is Mon Scalper MT4?

Mon Scalper MT4 is a specialized automated trading robot designed exclusively for gold (XAUUSD) trading. The EA uses a dual-trendline strategy to identify strong trends and breakout points, executing trades automatically when both short-term and long-term trendlines align. It focuses on safe, trend-following scalping without relying on risky strategies like Martingale or grid trading, making it a reliable tool for consistent profit opportunities in the gold market.

Vendor website 

About the Developer

• Author:  Xuan Bach Nguyen
• Experience: Over 1 years of experience on MQL5.
• Notable Products: Mon Scalper MT4, Mon Scalper MT5, The Gold Breaker MT5, Tom Scalper MT5 and others.
• Flagship Product: Mon Scalper MT4 is rated as the best performing product of the year.

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Mon Scalper MT4 Overview

Main Features of Mon Scalper MT4

• Dual-Trendline Strategy: Analyzes both short-term and long-term trendlines to confirm market momentum.
• Breakout Trading: Executes trades only when trendlines align, capturing strong price movements.
• Stop Loss Protection: Each trade is secured with a stop loss to manage risk effectively.
• Gold-Focused Optimization: Tailored specifically for XAUUSD to maximize accuracy and efficiency.

Additional Features

• Safe Trading Approach: No grid, martingale, or high-risk money management methods are used.
• Transparent and Honest: Does not use overfitting, history reading, or trade filtering to create unrealistic results.
• Easy Installation: Default settings optimized for most brokers for immediate trading.
• VPS Recommended: Ensures the EA runs 24/7 for uninterrupted market monitoring.

Why Choose Mon Scalper MT4?

• Reliable Gold Scalping: Trendline-based strategy captures high-probability breakout trades.
• Risk-Controlled Trading: Every trade comes with a stop loss, and high-risk methods are avoided.
• Optimized for M15 XAUUSD: Designed for short-term gold trading with maximum accuracy.
• User-Friendly: Simple installation and pre-configured settings make it suitable for both beginners and advanced traders.

Mon Scalper MT4 Performance Review

🟢Live Trading Results (43 weeks)

• Initial Deposit: $150
•  Growth Rate: +463.59%
• Win Rate (% of total): 88.50%
• Maximum Drawdown: 28.7%

Mon Scalper EA Signal Results

🟢Backtest Results

🔺XAU/USD –  2024 Year

• Initial Deposit: $10,000
• Total Net Profit: $72,908.36
• Win Rate (% of total): 87.95%
• Maximum Drawdown: 9.95%

Mon Scalper MT4 Backtests Results

🔺XAU/USD –  4 Year

• Initial Deposit: $10,000
• Total Net Profit: $293,900.66
• Win Rate (% of total): 86.68%
• Maximum Drawdown: 10.97%

Mon Scalper EA MT4 Backtest Trading Results

🔺XAU/USD –  4 Year

• Initial Deposit: $10,000
• Total Net Profit: $13.41 million
• Win Rate (% of total): 86.68%
• Maximum Drawdown: 18.44%

Mon Scalper EA MT4 Backtest Results

What’s Included in the Download Package?

• Experts: Mon Scalper MT4_fix.ex4

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Conclusion

In summary, Mon Scalper MT4 is a powerful automated trading robot specifically designed for gold (XAUUSD) scalping. Utilizing a dual-trendline strategy, it identifies strong trends and breakout points, executing trades only when both short-term and long-term trendlines align. Each trade is secured with a Stop Loss, while risky strategies like Martingale or grid trading are completely avoided, ensuring controlled risk and consistent profit opportunities. Optimized for M15 gold trading, Mon Scalper MT4 has demonstrated outstanding performance in both backtests and live results, boasting high win rates (up to 88.5%) and impressive net profits over extended periods.

>>> Reviewed by Jason Stap <<<