Risk Manager EA v1.0 Source Code MQ4 for MetaTrader 4 (MT4) is likely an Expert Advisor (EA) designed to help traders manage risk effectively while using other EAs or manual trading strategies. It’s crucial to control risk in trading, and a Risk Manager EA is typically built to automate and optimize this process. The exact details of this EA may vary depending on its creator, but I will explain the general functions and how a Risk Manager EA usually works.

Scalper EMA EA v1.01 Source Code MQ4 for MetaTrader 4 (MT4) is likely an Expert Advisor (EA) designed to implement a scalping strategy using Exponential Moving Averages (EMA) to identify short-term trade opportunities in the market. Scalping typically involves making numerous small trades with the goal of capturing small price movements. The Scalper EMA EA v1.01 likely uses the EMA indicator to determine the market trend and execute quick trades based on changes in that trend.

Swing Trader EA v1.0 Source Code MQ4 for MetaTrader 4 (MT4) is likely an Expert Advisor (EA) designed to automate swing trading strategies. Swing trading involves taking advantage of price "swings" or trends in the market, typically over a period of several days or weeks. The goal is to enter trades at the beginning of a price move (swing) and exit once the price has moved sufficiently in the desired direction.