Introduction

Ever felt like your manual trading is just too slow to keep up with gold spikes or sudden EURUSD swings? Scalping the forex market demands lightning-fast execution and discipline, but most retail traders can’t click fast enough—or keep emotions out of the game. That’s where Monster Code EA V1.1 MT4 comes in.

This Expert Advisor is built to scalp aggressively on both major forex pairs and gold (XAUUSD). With the right broker conditions—tight spreads, ECN/Razor accounts, and a VPS running under 20ms—you can unleash this “monster” to capture profits where most humans hesitate.

Let’s dive into what makes this EA special, how it works, and why YoForex has put their stamp on it.

Overview

The Monster Code EA V1.1 MT4 is a fully automated scalper that thrives on speed and precision. Unlike bots that restrict you to one pair, this EA is flexible—it can run on any major currency pair plus gold (XAUUSD).

Here’s the quick profile:

  • Timeframe: M5 recommended (but supports any TF)
  • Pairs: Major forex pairs & gold (XAUUSD)
  • Minimum Balance: $300
  • Broker Type: ECN or Raw Spread accounts
  • Spread Requirement: Less than 20 points
  • Execution Speed: Best with VPS <20ms latency

It’s designed to filter trades for optimal entries during market volatility while cutting losers fast. For scalpers, that’s the golden formula: quick in, quick out, minimal exposure.

Key Features

Here’s what the Monster Code EA V1.1 MT4 brings to the table:

•  Aggressive scalping strategy on majors and gold
•  Works best on M5 timeframe but adaptable to others
•  Designed for ECN/Raw spread accounts
•  Spread filter: won’t trade beyond 20 points spread
•  VPS-optimized – runs best with <20ms latency
•  Risk settings adjustable for account size
•  Minimum $300 balance to start
•  Compatible with all major MT4 brokers
•  Handles volatility spikes on XAUUSD
•  Exit logic built to minimize drawdown
•  Backtested under real broker conditions
•  Plug-and-play with default settings

Backtest & Live Results

So, what happens when you actually run this beast?

  • Gold (XAUUSD M5): Backtests show the EA thrives during London and New York sessions, with multiple profitable trades per day.
  • Majors (EURUSD, GBPUSD, USDJPY): The EA executed frequent short scalps with high win rates, even in ranging conditions.
  • Equity Curve: A steady climb without extreme drawdowns—no martingale involved.
  • Risk Control: Trades are filtered by spread, meaning it avoids costly executions during news spikes.

Live performance mirrored backtests closely when run on an ECN broker with a VPS under 20ms. Traders using retail accounts with wider spreads reported fewer trades, but still profitable consistency.

Installation & Setup

Here’s how to get the Monster Code EA V1.1 MT4 running:

  1. Download the EA from MQL5.software.
  2. Copy it into your MT4/Experts folder.
  3. Restart MT4, then drag the EA onto a M5 chart (EURUSD, GBPUSD, USDJPY, or XAUUSD).
  4. Make sure your broker account is ECN or Raw spread, with spread <20 points.
  5. Deposit at least $300 to run with recommended risk.
  6. Host it on a VPS with latency below 20ms for best results.

That’s it—you’re live and scalping with monster speed.

Why YoForex & Monster Code EA?

YoForex isn’t just tossing random bots on the market. Their approach is simple—release tools that are backtested, verified, and supported by a trader community. Instead of $1,000 price tags, they focus on accessibility and trust.

By choosing the Monster Code EA V1.1 MT4, you’re not only getting a scalper optimized for today’s markets, but you’re also joining a network that believes in sharing, improving, and trading smarter together.

Check out more EAs at MQL5.software or dive into our Beginner’s Guide if you’re new to automation.

Support 

If you need help with installation or optimization, we’ve got you covered:

Call to Action

Want to trade like a pro without staring at charts all day? The Monster Code EA V1.1 MT4 is your next step. With just $300 and the right broker, you can start scalping gold and major pairs automatically.

Don’t miss out—grab it today, set it up on your VPS, and let the monster hunt pips for you.YoForex – empowering traders worldwide, one free tool at a time.

Join our Telegram for the latest updates and support

Happy Trading