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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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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
US30 Scalper EA MT4
Lo Thi Mai Loan
5 (2)
Launch promo! Only a few copies left at 399$! Next price: 499$ Final price: 999$ MT5:   https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news O US30 Scalper EA é um robô de scalping de última geração desenvolvido por uma equipe altamente experiente em negociação e program
Daytrade Pro Algo
Profalgo Limited
5 (5)
Promoção de lançamento: Número limitado de cópias disponíveis no preço atual Preço final: 990$ NOVO: ganhe 1 EA grátis!   (para 2 contas comerciais) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bem-vindo ao DayTrade Pro Algo!   Depois de anos estudando os mercados e programando diferentes estratégias, encontrei um algoritmo que tem tudo o que um bom sistema de negociação precisa: É corretor independen
SSX Titan TT MT4
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
ET9 for MT4
Hui Qiu
5 (4)
ET9 New on the Market, Launch promo! Only a few copies left at: $599 Next price: $799 Final price: $1599 The Best  Expert Advisor  on   XAUUSD   any timeframes , It can also be used on GBPUSD at the same time! ET9  for MT4 Updated 4.00 !!   Important update:    Enable automatic closing of profits,  Various parameters of the ET1 strategy can be modified,   Optimized the stability of ET1 strategy Include Free  ET1 for MT4:  https://www.mql5.com/en/market/product/113219 Descriptions ET9 for MT4
Dark Algo
Marco Solito
4.77 (53)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Você já se perguntou por que a maioria dos consultores especializados não é eficaz nas negociações ao vivo, apesar de seu desempenho perfeito nos testes retrospectivos? A resposta mais provável é over-fitting. Muitos EAs são criados para 'aprender' e se adaptar perfeitamente aos dados históricos disponíveis, mas falham em prever o futuro devido à falta de generalização no modelo construído. Alguns desenvolvedores simplesmente não sabem da existência do over-fitting, ou sabem, mas não têm uma m
Bitcoin Scalp Pro
Profalgo Limited
5 (2)
Promoção atual: Apenas 1 restante a 349 $ Preço final: 999$ Certifique-se de verificar nosso "   Pacote combo Ultimate EA   " em nosso   blog promocional   !   NOVO:   Agora também suporta Ethereum! O Bitcoin Scalp Pro é um sistema de negociação único no mercado.  Ele está totalmente focado em explorar a volatilidade do mercado de Bitcoin, negociando os rompimentos dos níveis de suporte e resistência. O foco do EA está na segurança, o que se traduz em rebaixamentos extremamente baixos e uma
Forex Workstation is a powerful and efficient bot for trading on the Forex market. It is designed to use patterns, price delay levels, volatility analysis and market scaling. This bot provides unique opportunities for automated trading and optimization of strategies on various currency pairs. Let's look at the features and settings of Forex Workstation: Peculiarities: Multi-currency : Forex Workstation supports a wide range of currency pairs for trading, which allows you to diversify your por
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Eng Hoe Teh
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Eng Hoe Teh 2017.09.19 06:45 
 

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[Excluído] 2017.06.21 16:17 
 

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Versão 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.