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Silver Scalper EA (MT4) — review, price and free alternatives
MT4 expert advisor$60 on MQL5by Josue Faron
Silver Scalper EA is a MetaTrader 4 expert advisor by Josue Faron, sold on the MQL5 Market for $60. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Silver Scalper EA — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Instrument named in the listing
- XAG/USD (silver)
- Developer
- Josue Faron
- Price
- $60
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Silver Scalper EA on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
About Silver Scalper EA Silver Scalper EA is an automated Expert Advisor developed for MetaTrader 4, designed specifically for trading XAGUSD (Silver).
Before you buy Silver Scalper EA
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 expert advisor in the Strategy Tester before you buy.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Silver Scalper EA
Compiled from its public MQL5 listing. FxRobotEasy has not traded Silver Scalper EA; what these notes say about how it works comes from that listing.
Overview
The author, Josue Faron, builds the EA for MetaTrader 4 with an emphasis on controlled execution and inactivity during unfavorable conditions.
What makes Silver Scalper EA unique is its explicit focus on silver (XAGUSD) and its combination of volatility filtering with multi-timeframe confirmation. The algorithm scans short-term charts, primarily M1 and M5, and requires ATR and trend alignment before opening positions. It applies fixed fractional position sizing by default, with hard stop loss levels and optional trailing stops to protect gains. Silver Scalper EA performs best in sessions with consistent intraday volatility, such as London and New York overlaps, and deliberately stays dormant during Asian low-volume periods to avoid slippage.
In practice, expected performance characteristics include a higher win rate on small profit targets, modest per-trade returns, and controlled maximum drawdowns when proper lot sizing and account sizing are observed. The EA is priced affordably and aims for steady, repeatable results rather than aggressive growth, aligning with the developer’s stated risk-first design principles.
Risk notes
Risk level for Silver Scalper EA is best described as moderate when users adhere to recommended sizing and risk parameters. The stop loss strategy is fixed per setup and tuned to typical XAGUSD intraday swings, with optional trailing stops to lock in profits. Position sizing uses fixed fractional rules by default, encouraging traders to risk a small percentage per trade rather than fixed lot sizes. Vulnerabilities include major news events, weekend gaps, and unusually low liquidity sessions that can widen spreads and increase slippage.
Listed strengths
- Specialized for XAGUSD trading on MT4
- Volatility-based filters reduce overtrading
- Affordable one-time price with frequent updates
- Configurable risk settings and trailing stop
- Low resource usage and simple installation
Worth checking
- Performance sensitive to broker spreads
- Requires ongoing monitoring during news events
- May be inactive during extended low volatility
Setup
Install Silver Scalper EA by placing the EA file into the MT4 Experts folder and restarting the platform. Attach the EA to an XAGUSD chart and enable automated trading in MT4. Key parameters to configure include risk percentage per trade, maximum concurrent trades, stop loss in pips, and trading hours to match London and New York sessions. Use brokers with low spreads and reliable execution, preferably ECN or raw spread accounts that support XAGUSD. Optimal chart timeframes are M1 for entries and M5 for confirmation. Backtest across at least two years of tick data and forward-test on a demo account for three months before funding live.
Free to try · from FxRobotEasy
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Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
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Silver Scalper EA or Scalperology AI?
| Silver Scalper EA | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($60) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Josue Faron | FxRobotEasy |
Silver Scalper EA — questions
What is Silver Scalper EA?
Silver Scalper EA is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Josue Faron, priced at $60 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
What strategy does Silver Scalper EA use?
What makes Silver Scalper EA unique is its explicit focus on silver (XAGUSD) and its combination of volatility filtering with multi-timeframe confirmation. The algorithm scans short-term charts, primarily M1 and M5, and requires ATR and trend alignment before opening positions. It applies fixed fractional position sizing by default, with hard stop loss levels and optional trailing stops to protect gains. The EA tends to generate moderate trade frequency—enough to capture intraday micro-moves but limited when volatility drops. Silver Scalper EA performs best in sessions with consistent intraday volatility, such as London and New York overlaps, and deliberately stays dormant during Asian low-volume periods to avoid slippage.
Does Silver Scalper EA work on MT4 or MT5?
Silver Scalper EA runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Silver Scalper EA cost?
Silver Scalper EA is a paid product listed at $60 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-01-18. It is sold and downloaded through the developer's (Josue Faron) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Silver Scalper EA?
FxRobotEasy has not traded Silver Scalper EA on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Silver Scalper EA elsewhere comes from its developer or from a third party.
How is Silver Scalper EA installed and set up?
Install Silver Scalper EA by placing the EA file into the MT4 Experts folder and restarting the platform. Attach the EA to an XAGUSD chart and enable automated trading in MT4. Key parameters to configure include risk percentage per trade, maximum concurrent trades, stop loss in pips, and trading hours to match London and New York sessions. Use brokers with low spreads and reliable execution, preferably ECN or raw spread accounts that support XAGUSD. Optimal chart timeframes are M1 for entries and M5 for confirmation. Backtest across at least two years of tick data and forward-test on a demo account for three months before funding live.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.