Market / MetaTrader 5 / Experts /

Wolf Scalper

375 USD

Demo downloaded: 8 751

Published: 13 July 2022

Current version: 1.625

Wolf Scalper

2.6

Experts
Dmitry Kondrashov
Version: 1.625
Updated: 1 September 2022
Activations: 10

Wolf Scalper is a fully automated scalping robot that uses a very efficient breakout strategy, advanced money management and probabilistic analysis. Most effective in the price consolidation stages that occupy the bulk of the market time. Proven itself on real accounts with an excellent risk-to-reward ratio. Does not need forced optimization, which is the main factor of its reliability and guarantee of stable profit in the future. Suitable for both beginners and experienced traders.

Monitoring:

https://www.mql5.com/en/signals/1433772

https://www.mql5.com/en/signals/1731210

Requirements

Trading pairs	EURUSD, USDJPY
Timeframe	H1
Minimum deposit	$100
Leverage	1:100
Brokers	Hedging ECN account. Low spreads and zero stops level

Features

- Fully automatic mode with adjustable inputs.
- Works by pending orders in different markets with all types of execution.
- Strict use of stop loss management, every trade is protected in advance.
- Advanced algorithm for tracking position, modification and exit.
- Filter for bad market conditions to avoid large spreads and heavy slippage.
- Does not use averaging, history reading, overoptimization and other pointless methods.
- Tested on 100% real Dukascopy ticks for the period 2011-2022.
- More than 5 years of research, observation and optimization.

Settings

1. Main parameters
1.1 Order comment
1.2 Unique magic number
1.3 Maximum allowed spread
1.4 Maximum allowed slippage
1.5 Extremum amplitude depth*
1.6 Buy stop shift from extremum
1.7 Sell stop shift from extremum
1.8 Open order only on new bar?
1.9 One cancels other order? (true - one order per each last high and low, false - many orders until executed/expired by time at 3.1 option)
2. Money management
2.1 Fixed lot or constant deposit load? (true - fixed lot size at 2.2 option, false - autolot based on constant deposit load in percents at 2.3 option)
2.2 Fixed lot size
2.3 Constant deposit load in percents
2.4 Stop loss in points*
2.5 Take profit in points*
2.6 Trailing stop in points*
3. Time limits
3.1 Order expiration time in hours
3.2 Limit trading time?
3.3 Trading start hour
3.4 Trading start minute
3.5 Trading end hour
3.6 Trading end minute
3.7 Friday close trades
3.8 Friday close time GMT
* common parameters to be optimized

Setup

- Open 1H timeframe charts for each pair EURUSD and USDJPY.
- Attach EA to each chart and sure that magic numbers are different (1.2).
- Set desirable lot size, fixed or dynamically calculated (2.1-2.3).
- For higher risk and more intensive trading disable OCO mode (1.9).

IMPORTANT!

The results of scalping trading directly depend on the quality of the brokerage conditions provided. Contact me for advice on choosing the right brokers. The default settings are optimal for both EURUSD and USDJPY trading currency pairs and for most brokers, no set files are needed. You can do more precise optimization for your broker by only three settings TP, SL and TS.

MT4 version: https://www.mql5.com/en/market/product/85076

Support group: https://www.mql5.com/en/messages/011CE1D34BA6D801

more...

1219

ow1977mt5 2023.07.22 16:04 #

I only use on EURUSD and it works very well so far. Low latency setup required.

jwfranklin82 2023.05.20 11:07 #

Really good EA. Been using this for a week now and have made some good profits. Pay attention to the amount of risk you're taking, especially if you are using this alongside other instruments. I like this because it trades infrequently and doesn't hold trades for too long. Start off with low risk: either a small lot size (2.2) or low constant deposit load (2.3). It's tempting to start off big, but I have found I get stopped out by the broker if I increases these too much. Do some back testing, make sure you understand the risk to reward to avoid loosing your account. Would be good to have an update, as this EA hasn't been updated for a few months.

Talnerith 2023.03.02 22:18 #

I've been testing the EA for a while now and took me a long time do recreate exact results that is in Dmitry's signal. I would not recommend to use any EA during January and December months; as well, use a demo account to confirm when volatile-end of year trading has ended. I've tested a lot of EA's and this is best won by far. My months of testing lead to this: Use of Contabo VPS (London) server, with Fusion Markets broker zero account for best results. Everything default but 1.9 OCO mode - false and 2.6 trailing stop 20 points. Always use as recommended by author EURUSD and USDJPY 1HR timeframe.

UPDATE: after more testing on real account it's advised to have everything defaults but 2.6 trailing stop 20 points. Also using Hankotrade for real account cause Fusion Markets has higher commission.

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Reports V4 since 2010 | MT4 version | How to install? | FAQ !!! NEW VERSION V4 - ON 09/23/2023!!! Added a new more stable algorithm (see below for details). PLEASE SET UP CORRECTLY BEFORE TESTING It is important for the Expert Advisor to operate in the correct time zone, so before testing you should correctly set the GMT parameter. How to set the GMT parameter correctly? The setting should be made at the time when the market is open and ticks are received in the trading terminal. Op

493 USD

Entry Points Pro EA PM me immediately after purchase to getting guide, settings and very BIG bonus! The Entry Points Pro expert advisor was created on the basis of the legendary Entry Points Pro indicator , which received more than 450 positive reviews on the MQL5 exchange and was on the 1st position among thousands of other indicators for more than a year! https://youtu.be/yNIEDQJzGCw - EURUSD H1 Last year Here is a video on how the trading advisor works in MT4 and MT5 terminals, watch to th

555 USD

Wolf Scalper is a fully automated scalping robot that uses a very efficient breakout strategy, advanced money management and probabilistic analysis. Most effective in the price consolidation stages that occupy the bulk of the market time. Proven itself on real accounts with an excellent risk-to-reward ratio. Does not need forced optimization, which is the main factor of its reliability and guarantee of stable profit in the future. S uitable for both beginners and experienced traders. Monito

375 USD

Filter:

1219

ow1977mt5 2023.07.22 16:04 #

I only use on EURUSD and it works very well so far. Low latency setup required.

140

Shahbaz Abdul Karim Tamboli 2023.07.09 16:50 #

Worst EA on mql5 this was my 1st pruchace on MQL5 and on the first purchace i was scamed ABOUT THE EA:- this is one of the worst ea in the market please don't trust blindly this EA males big losses like $20 to $30 and the profit it makes was $0.01 to $0.05 i asked seller for the help he tole me to run on default setting but then to i am facing the same problem and now the seller has stop responding please dont waste your monry on this stupid EA

THE RESULT SHOWN ON SIGNAL:

the result shown on signal are totaly deffrent i am using the best broker low latency vps same fund but then to not able to achive the same trades as signals i think so he is yousing some of the diffrent ea for signal

dhirajmqlmt5 2023.05.24 05:25 #

Very bad EA. I purchased few months back but my account size is smaller than I had before. This ea gives good result with strategy tester. But in real conditions, the slippage comes into picture and the EA keeps losing.

jwfranklin82 2023.05.20 11:07 #

Light 2023.05.17 16:33 #

It seems the trailing stop function does not work on a real account, it keeps giving this message "request failed modify [Invalid stops] (bad stops)" and the author doesn't give any support he don't reply my messages on PM, i want a refund. I'm using Exness broker Raw Spread account. And so the trade gets unprotected and can go and on, until hits the initial 20 pips stop loss which i very dangerous. The EA would be great if the trailing stop works properly

404

Rinaldo Adi Sarosa 2023.05.04 16:25 #

very bad ea

401

Carlos Rodrigo Gonzalez Gavilan 2023.04.05 15:49 #

ya no funciona las perdidas superan las ganancias ya desde hace meses

943

Antonio Fluxa Vidal 2023.03.29 07:07 #

Universal Breakout EA do the same for free.

214

Mr James Daniel Coe 2023.03.22 16:13 #

Use real ticks and input commission into backtester - I don't get results anywhere near backtests above, have running at low risk for now to see if gains resume live but 2022 seems to have been a lucky year

Jo Jo 2023.03.05 00:43 #

The EA too much broker depended, with some broker performance is just enough to go break even and others end up in loss, more than that the EA TSL is not working correctly, mentioned this 2 times with proof to the author but his response was, "it's the settings with broker nothing to do with EA". The EA SL is not working correctly as per the TSL we input this in settings, its changing in random irrespective of 5, 10 or 20, i input in TSL setting, most of the time TSL modification is done for as little as 1 or 2 points. I don't believe the EA will make any money in long run after considering the commission and big SL which hits frequently.

201

Luca 2023.03.04 08:23 #

Doesn't work with IC Markets Demo account. Lost about 50% in 2 months. Default settings with OCO disabled and trailing stop 20 instead of 5.

ntnll 2023.03.02 23:06 #

After a decent start, I experienced severe drawdowns, it wiped 10% of the account in few weeks, beside following the developer best practices. Developer is responsive, but doesn't provide any valuable feedback. I don't recommend the purchase.

Talnerith 2023.03.02 22:18 #

UPDATE: after more testing on real account it's advised to have everything defaults but 2.6 trailing stop 20 points. Also using Hankotrade for real account cause Fusion Markets has higher commission.

372

abdulla akeel 2023.03.01 10:05 #

Bad does not work as well as the results show in the Strategy Tester

421

Maksim Bezriadin 2023.02.28 10:50 #

Полный шлак! Красивая обёртка, а внутри какаха )

265

wcruzmorey 2023.02.21 07:56 #

Bad results with this EA during 2 months. All optimisations are wonderfull, but when you use Real ticks, it's impossible to get profit. The code is wrong : TP move far from the price so it's impossible to get it. I wrote to Dimitry, he answers me that he works on, but nothing happens. REALLY NOT RECOMMENDED,

101

Peter Melissant 2023.02.18 14:53 #

Tested it now for two months but the loss is far to high. If I continue I'll blow up my account. Wast of money...

494

Laurentiu Cirlan 2023.02.14 20:11 #

Pretty much losing scalper so far, not seen any profit, just lost -30% right away since i've add the EA to my trading account. I will leave it for now with 1 star, unfortunately i spent 375$ on EA and lost double then that. That is how 1k is gone fast in a week.

301

Tanawut Srisuwan 2023.02.14 19:11 #

Always referes to an ideal broker with low spread and low commission but practically risky in real account and led to big losses during the last 3 months rent. Do not think about even trying and stop paying to this EA.

440

UlrichG 2023.02.03 21:55 #

I rented this EA for three months at end of November. I tried with different setups and optimizations to get a profit from this EA, but I just got hope that vanishes every time. With small TS the commissions eat up the profits and with higher or the recommended TS of 20 you have too much losses. Sometimes the slippage is enormous (especially on news, broker dependent). The forum is overcrowded with 800+ people asking "Hey bro tell me best broker". The author has not enough time to answer. The Author recommends an account with commission but he himself uses one without commission. The EA forces you to switch on "Algo Trading" before placing it on the chart and you immediately get pending orders, so this EA is nearly unusable on a MQL5 VPS. The Author refuses to test it on MQL5 VPS. Perhaps there were profitable times for some users, but as you can see on the signal: They seem to be gone.

Positive: There is a signal where you can see the performance. For me it matches my experience. There is no fake as far as I can see and the author is honest.

1 2 3 4

Version 1.625 2022.09.01

Minor changes.

Version 1.620 2022.09.01

Major update. Many changes.

Fixed some brokers issues.
Optimized some parameters.
Indicator included as resource.
Modified trailing stop function.
Time limits section integrated.
Constant depo load lot calculation.

Version 1.530 2022.08.24

Minor changes.

Version 1.525 2022.08.24

Minor changes.

Version 1.520 2022.08.24

New trading engine. Optimal settings for most brokers.

Version 1.250 2022.07.23

Major update. Removed moving average filter. Improved trade entry mechanism. Increased optimization speed.

Version 1.202 2022.07.14

Fixed stop and freeze levels

Description quality and completeness		5
Reliability and usability		5
User support		5