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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Jesko EA –  Jesko é um Expert Advisor (EA) especial , construído sobre uma estratégia comprovada que foi otimizada e testada ao longo de muitos anos. Ele já foi testado em contas reais e demonstrou consistentemente um desempenho lucrativo e de baixo risco . Agora decidimos disponibilizá-lo ao público. Signal live     Quatro meses de conta real A versão MetaTrader 5 está disponível aqui . Após a compra, as versões MetaTrader 4 e MetaTrader 5 estarão disponíveis para você.  Instalação fácil  Funci
AI Prop Firms MT4
MQL TOOLS SL
5 (3)
AI Prop Firms - Intelligent Automation Built for   Prop Trading Firms . AI Prop Firms is an advanced fully automated Forex trading system powered by   Artificial Intelligence , developed specifically to operate within the strict rules and evaluation models of prop trading firms. The system is designed to trade under controlled risk conditions while   maintaining consistency , stability, and compliance with prop firm requirements. AI Prop Firms uses intelligent market analysis logic that continu
Quantum King MT4
Bogdan Ion Puscasu
5 (2)
Quantum King EA — Poder Inteligente, Refinado para Cada Trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Preço especial de lançamento Sinal ao vivo:       CLIQUE AQUI Versão MT5:   CLIQUE AQUI Canal Quantum King:       Clique aqui ***Compre Quantum King MT4 e ganhe Quantum StarMan grátis!*** Pergunte no privado para mais detalhes! Regra       Suas negociações com precisão e disciplina. Quantum King EA
Crude Oil Robot MT4
MQL TOOLS SL
5 (1)
The Best Oil Trading Robot in the World.   Crude Oil Robot   is the undisputed, top-tier trading robot designed for the   XTIUSD or any crude instrument   offered by your broker. This is not a generic algorithm, but it's a   highly specialized system   built exclusively for the crude oil market,   utilizing unique technologies   not available in any other trading bot. Crude Oil Robot is equipped with   exclusive features tailored specifically for the OIL market , such as: Volatility Anomaly Fil
Forex Diamond EA
Lachezar Krastev
5 (5)
WINTER SALE — LIMITED TIME! Get Forex Diamond EA with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Sale Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO  A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Forex Diamond EA – Rel
Daytrade Pro Algo
Profalgo Limited
5 (5)
Promoção de lançamento: Número limitado de cópias disponíveis no preço atual Preço final: 990$ 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 independente
Infinity Trader EA
Lachezar Krastev
5 (18)
WINTER SALE — LIMITED TIME! Get Infinity Trader EA with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Christmas Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Infinity Trader EA Live
Aura Neuron MT4
Stanislav Tomilov
4.58 (12)
Aura Neuron é um Expert Advisor distinto que continua a série Aura de sistemas de negociação. Ao alavancar Redes Neurais avançadas e estratégias de negociação clássicas de ponta, Aura Neuron oferece uma abordagem inovadora com excelente desempenho potencial. Totalmente automatizado, este Expert Advisor foi projetado para negociar pares de moedas como XAUUSD (GOLD). Ele demonstrou estabilidade consistente entre esses pares de 1999 a 2023. O sistema evita técnicas perigosas de gerenciamento de din
HFT Fast M1 Gold Scalper V8 EA
Martin Alejandro Bamonte
2.33 (3)
VERSÃO ULTRA OTIMIZADA – MT4 HFT FAST M1 GOLD SCALPER V8.2 , em sua versão para MT4, é o lançamento mais poderoso, estável e refinado até hoje. HFT é um scalper de alta frequência que opera exclusivamente em Ouro (XAUUSD) no TF: M1, executando um grande número de operações diariamente. Ele suporta alavancagem de até 1:500 e opera com tamanhos de lote muito razoáveis para uma verdadeira estratégia de scalping. Por isso, requer contas dedicadas para scalping (RAW ou ECN). ICMarkets é o corretor re
Omega Code
Nguyen Hang Hai Ha
Introduction EA Omega Code is a core strategy that has been distilled over many years of research and optimization for the Forex and Gold markets. The strategy combines Scalper and Trailing to optimize performance and reduce risk. Trading orders have Stop Loss, Trailing for customization, and provide many other parameters to optimize the system to suit each user's trading plan. Promotion: with the purchase of Omega Code, users can access the source-code. If you are really interested in the sour
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Eng Hoe Teh
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Eng Hoe Teh 2017.09.19 06:45 
 

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