ScalpPrime MT4 v2.3 with SetFiles (Official version 1471+)

What is ScalpPrime MT4 ?

ScalpPrime MT4 is a high-performance Expert Advisor (EA) designed for precision gold trading (XAUUSD) on the MetaTrader 4 (MT4) platform. This EA utilizes a short-term, high-probability scalping strategy based on a disciplined, rule-based system. By integrating Fibonacci retracement zones with volume-based confirmations, ScalpPrime delivers accurate trade entries and exits without relying on martingale, grid, or arbitrage methods.
Perfect for traders seeking a reliable, non-martingale XAUUSD scalping solution, ScalpPrime EA offers a stable and professional-grade approach to automated gold trading.

• Vender Website

About the Developer

• Created by: Phathutshedzo Tshivhasa
• Developer of: BTC Spiral MT4, Spiral Ascend MT4, and others
• ScalpPrime MT4 is his top-performing product in 1 year

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Key Features of ScalpPrime

🔺 Optimized for XAUUSD Scalping

• Designed specifically for short-term trading on gold
• Operates efficiently in volatile yet structured market conditions

🔺 Dual Strategy Engine (Fibonacci + Volume Confirmation)

• Combines Fibonacci retracement zones with volume-based signals
• Filters out false signals and confirms high-probability trade setups

🔺 Bidirectional Trading Capability

• Automatically detects and executes both long and short trades
• Captures profit in both bullish and bearish market cycles

🔺 No-Martingale, No Grid, No Arbitrage

• Promotes sustainable and disciplined trading
• Avoids high-risk compounding strategies that breach prop firm rules

🔺 Linear 3-Step Recovery System

• Increases lot size by 0.01 only after each losing trade (up to 3 levels)
• Then resets—ensures risk stays controlled and drawdown is minimized

🔺 Highly Configurable Settings

• Includes time filters, news filters, and dynamic lot options
• Adjustable to fit various trading styles and account types

Why choose ScalpPrime MT4 ?

• High-Accuracy Gold Scalping Strategy

• No Martingale or Grid Risk – Prop-firm friendly

• Controlled Risk with Linear Recovery Mode

• Precision Entries via Fibonacci & Volume Confirmation

• Works With Any Account Size

• Custom Presets for Risk Profiles (Low to Very High)

• Perfect for Beginner & Pro Traders

ScalpPrime MT4 Performance Review

1. Live Trading Results (2025):

🔺Optimized for search terms like “ScalpPrime MT4 live trading”, “XAUUSD EA performance”

• Initial Deposit: $250
• Account Growth: +17%
• Win Rate: 80%
• Max Drawdown: 5.4%
• Live Trading Signal: View here

2. Backtest Results (2023):

🔺Useful for “backtest proof EA” searches:

• Initial Deposit: $10,000
• Net Profit: $38,600
• Win Rate: 82.09%
• Max Balance Drawdown: 6.20%
• Max Equity Drawdown: 7.04%

User Reviews and Feedback

🔺The ScalpPrime EA delivers outstanding trading performance, especially when optimized for the XAUUSD pair, demonstrating the potential for consistent profits. Highly rated and trusted by the MQL5 community. Here are the 5-star user reviews:

• Jyankatyu (2025.05.17): “I am using it on a real account and it is steadily increasing. I think it is a good EA. I hope it will achieve results close to those of the backtest.”
• Ahmed Khalid A Bahakem (2025.05.14): “I just bought it looks promising with the backtest I will come back in a month or two and let you know the results.”
• Pinhas18 (2025.05.14): “Good EA, very good back test and in Real account some profit trades for now. Comeback with more in 1 month.”

What’s Included in the ScalpPrime MT4 Package?

🔺EA File:

• ScalpPrime MT4 v2.3.ex4

🔺Preset Files:

• High risk mode.set
• Medium risk mode.set
• Low risk mode.set
• Very high risk mode.set
• Propfirm mode.set
• Recovery mode.set

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How To Set Up EA

🔺ScalpPrime MT4 v2.3 is a powerful scalping Expert Advisor for MetaTrader 4, optimized for fast execution, layered SL/TP logic, and adjustable risk modes. Built for traders who prefer structured, short-term trading strategies across low-spread forex pairs.

🟢 How to Install ScalpPrime MT4 v2.3 EA

• Download the EA file (e.g. ScalpPrime_v2.3.ex4).
• Open MT4 → File > Open Data Folder → Navigate to MQL4 > Experts.
• Paste the EA file → Restart MT4 or right-click Navigator > Refresh.
• Attach the EA to a chart (preferably EURUSD / GBPUSD on M5 or M15).
• Enable AutoTrading and allow DLL imports if prompted.

🟢 Recommended Settings Overview

🟢 Risk Control & Optimization Tips

• Reduce Risk: Set Risk Level to 1 or 2 for conservative accounts.
• Enable News Filter: Recommended for avoiding major losses during high-impact news events.
• Dynamic Lot Sizing: Currently not supported — adjust manually as your account grows.
• Backtest before Live: Especially with Level 4 risk and no recovery logic.

🟢 Best Trading Conditions

• Pairs: EURUSD, GBPUSD, USDJPY (tight-spread majors)
• Timeframes: M5 or M15
• Account Type: ECN / Raw spread broker
• Min. Balance: $500+ (for Level 4 risk, $1,000+ recommended)
• User: Experienced scalpers or active traders

🟢 Key Advantages of ScalpPrime MT4 EA

• Scalping-optimized SL/TP structure
• Multiple trade layers with consistent logic
• High-risk auto mode for aggressive strategies
• Friday time filter to prevent weekend exposure
• Modular settings for adjustable behavior

Conclusion

In summary, ScalpPrime MT4 is a professional and dependable Expert Advisor (EA) designed specifically for scalping gold (XAUUSD) on the MetaTrader 4 (MT4) platform. Combining Fibonacci retracement levels with volume-based confirmation signals, this EA provides a disciplined and smart trading strategy that avoids risky Martingale and Grid systems. Ideal for beginners who want controlled risk exposure and prop-firm traders requiring strict compliance, ScalpPrime MT4 ensures precise and consistent performance in volatile gold markets.

>>> Reviewed by Jason Stap <<<