The Advanced Scalper EA V1.58 for MetaTrader 4 (MT4) is an automated trading system designed to execute short-term trades, commonly known as scalping. The primary goal of this EA is to take advantage of small price movements within short periods, typically using tight stop-loss and take-profit levels. Scalping can be an attractive strategy because of its potential to generate frequent, small profits. The version you’re referring to (V1.58) likely includes various enhancements and tweaks, and the inclusion of SetFiles typically refers to pre-configured settings tailored for particular market conditions or currency pairs.