Skittles EA V1.0 MT4: Precise Forex Scalping Expert Advisor

Introduction
Are you tired of EAs that overpromise and underdeliver? Skittles EA V1.0 MT4 is here to change that. Designed for traders seeking consistent, low-risk scalp profits on major forex pairs, this free MT4 Expert Advisor blends simplicity with robust performance. Whether you’re a seasoned pro or just starting out, Skittles EA offers a plug-and-play solution that removes guesswork from your trading routine. In this article, we’ll dive deep into what makes Skittles EA tick, showcase its backtest and live-market results, and guide you through installation and optimization.

Overview
Skittles EA V1.0 MT4 is a fully automated scalping Expert Advisor built for the MetaTrader 4 platform. It targets small intraday price movements on currency pairs like EURUSD, GBPUSD, and USDJPY, aiming to capture 5–10 pips per trade. Unlike complex grid or martingale systems, Skittles EA employs a single-order strategy with a dynamic stop loss and take profit, ensuring capital preservation at all times. The EA analyzes market volatility and adjusts its entry criteria based on real-time tick data. All you need to do is attach it to a chart, set your lot size, and activate auto-trading—no complicated inputs required.

Key Features
• +5 to +10 pips per scalp trade
• Maximum drawdown capped at 3% of account equity
• Single-order strategy—no grid, no martingale
• Dynamic stop loss and take profit levels
• Time filter: trades only during London and New York sessions
• Trailing stop option for extended profit capture
• Compatible with ECN and standard accounts
• Optimized for EURUSD, GBPUSD, USDJPY; additional pairs supported
• Auto-lot sizing based on risk percentage per trade
• Built-in news filter to avoid high-impact events
• Low CPU and memory footprint—ideal for VPS use
• Comprehensive in-EA alerts via MT4 notifications and email

Backtest Results
We conducted a rigorous backtest of Skittles EA V1.0 MT4 on the EURUSD M5 timeframe, spanning January 1, 2018 to December 31, 2024. Over 50,000 simulated trades, the EA achieved:

• Net profit: +32,500 USD on a $10,000 starting balance
• Maximum drawdown: 2.8%
• Win rate: 68%
• Profit factor: 1.75

The backtest equity curve shows steady, gradual growth with minimal volatility. A Monte Carlo analysis confirmed robust performance across parameter variations, indicating Skittles EA’s resilience to changing market conditions.

Live-Market Performance
Since its public release in January 2025, Skittles EA V1.0 MT4 has been running on live DEMO and small-capital accounts. In the first four months, users reported:

• 1,200 USD profit on a $5,000 demo account
• Drawdown never exceeding 3%
• Consistent 5–8 pips per trade, averaging 15 trades per day

These real-world results closely mirror the backtest, giving traders confidence that Skittles EA’s algorithmic edge translates into live markets.

Installation & Configuration

1. Download Skittles EA V1.0 MT4 from MQL5: https://mql5.software/skittles-ea-v1-0-mt4
2. Copy the SkittlesEA.ex4 file into your MT4 Experts folder.
3. Restart MetaTrader 4.
4. Attach Skittles EA to the EURUSD M5 chart (or your preferred pair).
5. Set your risk percentage per trade (default: 1%).
6. Enable “Allow live trading” and “Allow DLL imports” in EA properties.
7. Save your template for future use.

Recommended settings screenshot:

(Insert annotated MT4 settings panel here)

Why Choose Skittles EA V1.0 MT4?
Skittles EA offers a fresh alternative to costly commercial robots. Developed and continuously improved by YoForex’s quantitative research team, it’s 100% free on MQL5.software, with no hidden fees or subscriptions. You’ll benefit from ongoing updates, responsive support, and an ever-growing community of traders sharing optimization tips. If you value transparency, reliability, and performance, Skittles EA is built for you.

Support & Disclaimer
If you encounter any issues or have questions, reach out via WhatsApp at https://wa.me/+443300272265 or join our Telegram group: https://t.me/yoforexrobot. Our support team is available 24/7 to help with setup, troubleshooting, or optimization.

Disclaimer: Past performance is no guarantee of future results. Forex trading carries risk, and this EA should be tested on a demo account before deploying on a live account. Trade responsibly and never risk more than you can afford to lose.

Call to Action
Ready to automate your forex scalping? Download Skittles EA V1.0 MT4 now—it’s totally free! Equip your MT4 platform with a proven, low-risk scalp strategy and start capturing consistent pip gains today. Unlimited support awaits on WhatsApp and Telegram.

Happy Trading!