USDCAD Scalper EA MT4 with SetFiles (Official version 1441+)

What is USDCAD Scalper EA MT4?

USDCAD Scalper EA MT4 is a precision-engineered Expert Advisor (EA) optimized for 1-minute (M1) scalping on the USD/CAD pair. Built for high-frequency, low-risk trading, it features strict spread control and operates within specific trading hours to ensure accurate entries and stable performance.

Key Features of USDCAD Scalper EA

🔺M1 Scalping Strategy:

• Specifically optimized for the USD/CAD currency pair, exploiting short-term price movements on the 1-minute chart.

🔺Time-Restricted Trading Window:

• Trades only during high liquidity hours (e.g., London/New York overlap) for optimal performance.

🔺Spread Filter Protection:

• Avoids trade entries when spreads exceed defined limits, ensuring low-cost, precise executions.

🔺Fixed Lot Micro-Trading:

• Uses fixed low lot sizes, ideal for small accounts or prop firm evaluations.

🔺Fast Take Profit Execution:

• Tight TP settings to capture quick market moves and minimize market exposure.

🔺High-Frequency Trading Capability:

• Executes multiple trades per session with rapid order placement and minimal slippage.

Why choose USDCAD Scalper EA MT4?

• Optimized for USD/CAD: Capitalizes on low spread, stable volatility of this pair for efficient scalping.

• Ideal for Prop Firm Challenges: Compliant with low drawdown, fixed lot, and restricted risk parameters.

• Low Drawdown Strategy: Demonstrated ultra-low drawdown in both live and backtest performance.

• Beginner-Friendly Setup: Simple installation with ready-made SetFiles for fast deployment.

• Execution Speed Focused: Best suited for ECN, Pro, or Cent accounts for lightning-fast trade execution.

USDCAD Scalper EA MT4 Performance Overview

🔺Live Trading Results (4-Year Test):

• Initial Deposit: $5,000
• Total Net Profit: $19,236.95
• Max Drawdown: 4.04%
• Win Rate: 72.62%

USDCAD Scalper EA Backtest Results

🔺Backtest Results (10-Year):

• Initial Deposit: $5,000
• Total Net Profit: $4,122.32
• Max Drawdown: 0.81%
• Win Rate: 67.17%
• Profit Factor: 4.16

USDCAD Scalper EA MT4 Backtest Results

What does the transaction package include?

• Experts: USDCAD Scalper_EA.ex4
• Presets: USDCAD M1.set

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How To Set Up EA

USDCAD Scalper EA is a precision-driven Expert Advisor tailored for scalping the USD/CAD currency pair. Its design leverages the 1-minute timeframe to capitalize on micro market movements during specific trading hours. With tight spread tolerance and controlled lot sizing, this EA aims to deliver efficient, low-risk trades on STP/ECN accounts.

USDCAD Scalper EA setting

♦️Download & Extract:
Download the USDCAD_SCALPER_EA file and extract it to your device.

♦️Install on MetaTrader 4:
Open MT4 > Go to File > Open Data Folder > MQL4 > Experts
Paste the EA file into the Experts folder, then restart MT4.

♦️Attach to USDCAD Chart (M1):
Open a USD/CAD chart on the 1-minute timeframe (M1).
Drag the EA onto the chart.

♦️Input Key Settings:

• Lots: 0.01 (fixed, low-risk lot size)
• TakeProfit: 30 pips
• TimeStart / TimeEnd: 05:00 – 18:00 terminal time
• MaxSpread: 15.0 (trades only when spreads are tight)
• Magic Number: 2025.0 (for trade tracking)
• ControlChart_USDCAD_M1: true (ensures chart compatibility)

♦️Enable AutoTrading:
Activate AutoTrading in MT4 and allow DLL imports if prompted.

♦️Start Trading:
The EA will now scalp USDCAD during optimal hours, using a fast, low-risk strategy suited for STP/ECN accounts or prop firm challenges.

Conclusion

In summary, USDCAD Scalper EA MT4 is a finely tuned Expert Advisor designed exclusively for scalping the USD/CAD currency pair on the M1 (1-minute) timeframe. With an emphasis on precision, low drawdown, and efficient execution, this EA excels in capturing short-term market opportunities while maintaining strict control over risk. Its built-in spread filter, fixed lot sizing, and time-restricted trading window make it an ideal solution for both retail traders and those navigating prop firm challenges.
Backed by years of testing and proven live results, USDCAD Scalper EA has demonstrated exceptional performance—achieving over $19,000 profit with minimal drawdown, and delivering a win rate above 70%. These stats reflect its core strengths: high-frequency trade execution, tight risk management, and a profit-focused scalping strategy tailored to stable market conditions.

>>> Reviewed by Jason Stap <<<