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MT4 indicatorfree on MQL5by Pieter Gerhardus Van Zyl
Quoted from the listing. We have not tested these claims.
Compiled from its public MQL5 listing. FxRobotEasy has not traded Cosmic Scalper Mt4; what these notes say about how it works comes from that listing.
The indicator combines ATR-adaptive trend lines with Fibonacci-based price zones to build three independent layers of market bias. That combination yields structured entries and exits on the chart and helps traders see short-term, mid-term, and extended trend behavior simultaneously.
What makes Cosmic Scalper Mt4 unique is its multi-layer architecture and volatility-aware thresholds, which allow the indicator to adapt to sudden changes in market noise while keeping scalping signals tight. The algorithm works by measuring ATR to scale trend lines and then mapping price zones with Fibonacci ratios to mark dynamic support and resistance. Trade triggers are issued when price interacts with those zones in alignment across layers, and users can adjust sensitivity to increase or decrease signal frequency. This analysis highlights tradeable setups and realistic expected results rather than theoretical maxima.
Pieter Gerhardus Van Zyl designed the indicator specifically for MT4 users who require on-chart clarity and backtestable logic. Risk controls include ATR-based stop suggestions and scaled position sizing. In practical terms, expected performance is moderate to high frequency with win rates that depend on settings and market conditions. The review balances features, limitations, and recommended uses for traders who want transparent, data-driven tools.
Cosmic Scalper Mt4 presents a moderate risk profile when used with recommended money management. Stop loss strategy is dynamic and ATR-based, meaning stops expand and contract with volatility rather than using fixed pip distances. Position sizing is intended to be scaled by ATR or set as a percentage of equity to limit exposure per trade. The indicator is vulnerable during low liquidity sessions and major news spikes where ATR-based measures can widen dramatically. Adjust settings to match your risk tolerance and broker spreads.
Listed strengths
Worth checking
Install the Cosmic Scalper Mt4 indicator file into the MT4 Experts or Indicators folder and restart the platform. Key parameters to configure include ATR period, sensitivity threshold, Fibonacci zone depth, and stop sizing percentage. Recommended brokers are low-spread ECN or STP accounts with reliable execution. Optimal chart timeframes are M1 to M15 for entries with H1 used for higher timeframe bias. Begin with backtesting, then forward-test on a demo account and verify with MQL5 signals before using significant capital.
Free to try · from FxRobotEasy
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Scalperology AIby FxRobotEasy
Our multi-pair AI scalper — majors, gold and crypto
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The team's notes, every day
| Cosmic Scalper Mt4 | Scalperology AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Pieter Gerhardus Van Zyl | FxRobotEasy |
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.