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The Stalker Elite

This is a simple but sophisticated scalper designed to grab the big, quick moves - always ready to pounce.

The STALKER ELITE works by waiting for when the market starts moving quickly and then pounces with quick acting trades. It does this by placing pending buy and sell stop orders above and below the current market price and regularly updates these orders regularly to ensure no false triggers. If the market has a sudden move in any direction, one of these trades will be triggered and the money management system kicks into place to complete the trade. It is ALWAYS stalking the market so we do not miss any unexpected moves.


Features

  • Operates on market action only - no complex indicators or theories. If the market is moving, this strategy will take advantage of it
  • Simple fast acting scalper probing for quick market movements
  • NEWS FILTER to keep out of messy times around big news events (optional)
  • TIME FILTER: Have EA running only in the times and markets you want
  • Tight stop losses to protect capital
  • Tight trailing stop to lock in quick profits
  • Best pairs are USDJPY, EURJPY, EURUSD and GBPUSD
  • Performs best in volatile or quick moving markets
  • Quick spread protection
  • Extremely low drawdown


Inputs

  • Money Management: You can choose to trade a percentage of your balance (e.g. 10%) or at fixed lots
  • Pending Distance: Distance (in pips) above and below the current price where it places pending stop orders
  • Pending Update (seconds): Time in seconds when it updates pending orders
  • Maximum Spread (pips): Upper limit of maximum spread before orders are deleted
  • Seconds to wait after maximum spread is reached: When spread protection is activated, it waits for a period of time before placing orders again
  • Stop Loss (pips): Initial hard stop loss that is placed with an order
  • Take Profit (pips): Initial take profit that is placed with an order
  • TRAILING MODE: You can toggle this field to choose either 'percentage of profit' or 'fixed pips'
  • Breakeven: Value in pips of where it will place a breakeven level to ensure trade is not a loser
  • TRADING TIMES (GMT): You can set the EA to start and stop at certain times of the day
  • NEWS FILTER: You can turn this on, so that it will close all orders before major news events. This is a great feature and we generally only use it for high impact news events
  • Currencies for news: Simply input the three-letter currency code in capital letters with a space in between for all news events that you want to stay out of
  • Show news on chart: By turning this on, you will have a list of all upcoming news events associated with your currency pairs
  • Minutes to close orders before news: Type in minutes before news to close all pending orders
  • Minutes to open orders after news: Type in minutes after news that you want pending orders to be placed again
  • Magic Number: This can be any number as long as it is unique for all EAs on one account. This helps manage multiple trades from different EAs without getting confused with each order
  • Order Comment: You can use this to help identify where the trades were initiated from
  • Points in 1 pip: If you like to use points instead of pips, you can change this value
  • Open Trade with SL and TP: This is for brokers accepting instant orders with complete SL and TP in original order. If your broker does not, set this to false and an initial order will be placed and then modified instantly.


Important requirements

To make the NEWS FILTER work

  • Since we cannot use DLLs in MQL5, we use a different method and you have to make an adjustment in MetaTrader 4...

In Tools->Options->'Expert Advisors' tab, there is "Allow WebRequest for listed URL:" list. Put http://www.forexfactory.com/ff_calendar_thisweek.xml in there to make it work.

As a scalper, it works best with an ECN broker with tight spreads, although settings can be adjusted to accommodate larger spreads with slightly reduced performance.

Use of quality VPS or VIRTUAL HOSTING is important to ensure EA is live 24/7 to catch the moves.

BackTesting: Please backtest with high quality tick data only and you will be in for a pleasant surprise. We have found that backtesting is very close to live results except for spread protection or being disabled at news events.

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Mansour Babasafary
4.58 (38)
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
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Artem Minchuk
2.55 (11)
Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
BBSO Revolution
Olivier Nomblot
5 (1)
A  Breakthrough!   Using the logic behind the Classic A Black Box EA, a total   self-optimizing , automatic and adaptive version has been developed. The optimizing feature is lightning fast giving you a clear indication of   expected pips   with current parameters right on your screen. Clearly   made for those who want more trading on lower timeframes . This EA is designed for use on all major pairs. It is best to be used on three timeframes or more. Higher timeframes catch trends and lower tim
Golden fractal mt4
Marina Arkhipova
"Golden fractal" est un conseiller intelligent et fiable spécialisé dans le trading de XAU/USD sur le marché Forex. Il est basé sur une stratégie fractale, qui lui permet d'identifier avec précision les points d'entrée et de sortie clés des transactions. N'utilise aucune méthode de trading dangereuse telle que (martingale, grille, etc.) "Golden fractal" est destiné aux comptes ECN, RAW, RAZOR. Il ne convient pas aux comptes standards avec des spreads importants ! Ne vous attendez pas à un grand
3 of 5 Units at 600 USD. Next price 900 USD This expert advisors search for perfect impulse setups. The approach is use a very few but high effectives rules / filters and an effective management of the opened position. Signal https://www.mql5.com/es/signals/2049326 Backtest The EA must be backtest in any timeframe, but for use in live, must be attached to a M5 chart. Live setup The EA is very easy to configure, and can be used with the default parameters. Only the parameters re
Luna AI PRO
Profalgo Limited
4.67 (3)
Promotion de lancement : Seulement 1 exemplaires disponibles à 399$ Prix ​​final : 2000$ Il n'y aura qu'un nombre limité d'exemplaires vendus de cet EA Libérez la puissance de l'intelligence artificielle et portez votre trading à des sommets sans précédent avec le   Luna AI Pro EA   , le robot de trading "mean reverse" le plus avancé du marché. Conçu pour répondre aux besoins des traders chevronnés et des débutants, ce système de pointe piloté par l'IA est équipé d'un large éventail de foncti
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Eng Hoe Teh
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Eng Hoe Teh 2017.09.19 06:45 
 

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[Supprimé] 2017.06.21 16:17 
 

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Répondre à l'avis
Version 3.8 2017.06.15
We have changed the timeframe on the news filter to 'open after news' to seconds rather than minutes.
This gives you the ability to try and get closer to the action after news events. Be careful though as this can be a busy time with widening spreads, so if you are new to this, we suggest using 60 seconds as a minimum. When you get more confident, you can try opening sooner.