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Wolf Scalper MT4

375 USD

Demo downloaded: 3 962

Published: 11 August 2022

Current version: 1.625

Wolf Scalper MT4

3.31

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.

MT5 version: https://www.mql5.com/en/market/product/83924

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

more...

Mr. Monty 2023.07.17 22:45 #

Okay. First let me say that I'm from the USA. I have used this EA on MT4 and MT5 as rentals. I have been with the broker "Tradersway" for years now. I must say that this EA works very well with the said broker. What I have noticed about the Author is that he's from Russia. Granted, I have learned by using Google and typing (GTM Now) and I found that Tradersway is in GTM +3 (Moscow) time zone. Moscow is in Russia. This includes Hugosway too. Now, the said brokers are not located in Russia, but they share the same GTM. Server time is important to keep in mind when choosing a broker. With this in mind I have been more profitable then I have loss with this EA with that in mind. So, try finding a broker that has GTM+3 server time. To find this, just open up your "Market Watch" list or Currency selector in the MT4 or MT5 terminal and you will see the server time above the currency list. Now, go to Google search engine and Type "GTM Now" and if the GTM time is s 8:00pm and your server time is 2300 or 11:00pm then you know your broker is GTM+3 based on the hourly difference. Hope this helps. Now, if you are reading this and you are from the US please note that Tradersway is no longer accepting Us residents unless you have a person already grand fathered in before their cut off. Hugosway should be ok until they are not. Back and forward test on a demo account with both brokers or one with GTM+3 and let me know what happened. Happy trading.

1286

Sathit Sukhirun 2023.03.02 16:18 #

perfect Ea

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firstside84 2022.12.13 10:51 #

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Filter:

Mr. Monty 2023.07.17 22:45 #

422

Mr Thithanan Sarojpaponpat 2023.07.02 09:14 #

Not worth any money. Extremely broker-dependent and that broker does not support this strategy so they prohibited withdrawal due to this EA. :(

Ardian Salihu 2023.03.31 14:53 #

Lost time, money and energy for nothing.

382

Евгения Тонких 2023.03.15 16:32 #

сливатор

1286

Sathit Sukhirun 2023.03.02 16:18 #

perfect Ea

492

Daniel Smith 2023.01.26 13:37 #

User didn't leave any comment to the rating

130

firstside84 2022.12.13 10:51 #

195

Chun Ming Cheng 2022.11.15 12:08 #

可以赚钱，但是会亏手续费，利润比手续费少

1000

Jackie Marie 2022.11.09 16:44 #

The result was okay if you use the same broker as author, low spread with no commission! usdjpy not perform well recently, eurusd was okey!

201

Binh Nam Tran 2022.11.08 09:37 #

Not that's good EA

Update 02.03

After using this ea for a while, I update the review again.

This is good EA but not perfect.

You must follow the instructions of the author. Test on brokers to find a real broker that makes a profit before trading on a real account.

Low spreads and no commissions.

It really brings you money, but be patient.

Hi Dmitry, You work well, hope you can improve EA even better. Wishing you good health and success.

599

trdrkai 2022.10.26 07:19 #

If you are in the US, save your money and stay away. There isn't a broker that accepts US clients that would let you replicate this expert's results, even among the really shady ones. This is because they are mostly too greedy, but it doesn't make much difference, you'd be wasting $500, as I have done. The author didn't really care, offered a few names, which didn't work, and then ghosted me when I asked for money back since the expert is unusable.

280

shahvez 2022.10.22 19:39 #

Ok will be working with the author to see how we can find a better broker, faster execution and overall an honest broker, will update my review in a month, looking at things now i think it will be a positive experience now thanks.

869

Trung John 2022.10.21 06:22 #

User didn't leave any comment to the rating

173

Functional Forex 2022.10.20 09:20 #

On demo and back test the EA works very well but with standard settings on Live account commision outweighs profits due to large lot sizing. If the author could contact me some how with some optimal settings and use of this EA as after spending $500 I am very disappointed.

843

Andy L 2022.09.14 11:39 #

Fantastic EA. Highly recommended.

237

请加qq2117721312 琮hui 2022.09.06 09:40 #

User didn't leave any comment to the rating

Version 1.625 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.
Const depo load lot calculation.

Version 1.520 2022.08.24

Trading engine modification. Parameters averaging for most brokers.

Version 1.510 2022.08.15

Minor improvements.

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