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Name: Thor Scalper
Version: Latest Version
Developer by: Will Ng
The Right Platform: Meta Trader 4 (MT4)
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Thor Scalper EA MT4 – Night Trading Bot with Low Drawdown & Capital Preservation
In my 20 years of trading, I’ve learned that night scalping is one of the safest and most efficient strategies when properly optimized: taking advantage of low spreads, avoiding high volatility, and preserving capital. Thor Scalper EA MT4 was built exactly for that purpose — a specialized Expert Advisor designed for night trading (night scalping) with a strong focus on capital protection, low drawdowns, and a selective trade entry algorithm.
This EA doesn’t just seek profitable opportunities — it also exits trades early when conditions turn unfavorable, minimizing losses and safeguarding profits.
1. Optimized Night Scalping
Best performance on the M1 timeframe.
Designed for EURUSD, EURCHF, USDCAD, CHFJPY.
2. Advanced Risk & Money Management
UseMM & RiskPercent: Automatically adjusts lot sizes based on account balance.
MaxLots: Sets a maximum lot size limit for safety.
Stop Loss & Take Profit: Built-in SL/TP for every trade.
3. Flexible Trading Options
BuyOnly / SellOnly: Restrict trades to a single direction.
CloseAll Algorithm: Closes all open trades if protection is required.
Magic Number: Unique ID for orders to prevent conflicts with other EAs.
4. Smart Trade Control
Trailing Stops & Silent TP: Dynamically lock profits and hide TP from brokers.
MaxSpread Filter: Only trades when spreads are favorable.
Slippage Control: Minimizes risk from price slippage during volatile conditions.
5. Time & News Management
GMT Offset & Time Window: Customize exact trading hours.
Monday Spike Protection: Filters out early Monday volatility, especially during unusual market events (e.g., COVID-19 spikes).
Holiday Control: Toggle trading on/off during the first and last weeks of the year.
6. Backtest & Usability
Fast BackTest Mode: Speeds up strategy testing.
Information Panel: Displays real-time trade and risk info on-screen.
Easy Setup: Default settings are pre-optimized; simply adjust RiskPercent according to your balance and leverage.
Capital Safety: Every trade comes with SL/TP and smart money management to keep drawdowns low.
Optimized for Night Sessions: Takes advantage of quiet hours and low spreads for consistent profitability.
Flexible & Customizable: Multiple options for strategy direction, trailing stops, silent TP, and risk models.
Works on Any ECN Broker: Compatible with all ECN accounts when paired with a low-latency VPS.
Beginner-Friendly but Pro-Grade: Ready-to-use default setup with flexibility for advanced users.
The Thor Scalper EA showcases remarkable profitability and disciplined performance in a long-term backtest, confirming its ability to deliver steady growth with well-controlled risk. Running on the EURCHF pair (M1 timeframe), this EA maintained a consistently rising equity curve from 2003 to 2020, demonstrating both robustness and long-term reliability.
The Thor Scalper EA demonstrates solid profitability and disciplined execution in a long-term backtest, confirming its capability to achieve consistent growth while managing risk effectively. Running on the USDCAD pair (M1 timeframe), this EA delivered a smooth equity curve from 2003 to 2020, showcasing strong robustness and long-term stability.
The Thor Scalper EA demonstrates strong profitability and disciplined execution over a long-term backtest, reflecting its ability to balance steady growth with controlled risk. Running on the CHFJPY pair (M1 timeframe), this EA maintained a smooth upward equity curve from 2003 to 2020, confirming its robustness and reliability in varying market conditions.
The Thor Scalper EA showcases remarkable profitability and disciplined performance in a long-term backtest, confirming its ability to deliver steady growth with well-controlled risk. Running on the EURCHF pair (M1 timeframe), this EA maintained a consistently rising equity curve from 2003 to 2020, demonstrating both robustness and long-term reliability.
Name | Fit |
---|---|
Trading platform | Meta Trader 4 (MT4) |
Time frames | M1 |
Currency pairs | EURUSD, EURCHF, USDCAD, CHFJPY |
Min / Recommended deposit | $100 |
Min / Recommended leverage | 1:100 |
VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗