Leopard Scalper EA V1.4 MT4

The Leopard Scalper EA V1.4 for MetaTrader 4 is a sophisticated trading robot designed to optimize trading performance, particularly for the GOLD (XAUUSD) pair on the M5 timeframe.

Key Features:

Minimum Deposit:

• Recommended Starting Capital: $100
• Note: While the EA can operate with as little as $15, starting with $100 or more is advised for optimal performance due to broker constraints on minimum lot sizes.

Time Frame:

• Optimized Time Frame: M5 (5-minute chart)
• Trading Sessions: Configurable with up to 5 custom time intervals, allowing traders to define preferred trading hours.

Currency Pair:

• Primary Instrument: GOLD (XAUUSD)
• Additional Compatibility: While primarily designed for GOLD, the EA has also shown good performance on ETHUSD. However, thorough backtesting is recommended before applying it to other instruments.

Trading Strategy:

• Core Strategy: Utilizes Bollinger Bands to identify key price entry points.
• Supporting Indicators: Incorporates Stochastic, RSI, ADX, and custom-calculated Supply and Demand zones for trade confirmation.
• Trade Execution:
  • Buy and Sell Signals: Generated based on the confluence of the above indicators, aiming to capitalize on short-term market inefficiencies.
  • Risk Management: Features dynamic lot sizing based on account equity, automated stop-loss, trailing stop mechanisms, and a breakeven feature to secure profits.
  • News Trading Feature: If activated, the EA opens both buy and sell positions 10 seconds before major news events to leverage market volatility.
• Manual Trading Integration: Equipped with Buy and Sell buttons for manual trading, along with options to close winning, losing, or all positions directly from the chart.
• Automated Buy/Sell Control: Allows users to enable or disable automated buy and/or sell trades, providing flexibility in trend-following strategies.

Additional Features:

• User-Friendly Interface: Displays real-time trade statistics, market volatility, trading time, and spread information on the chart.
• Trading Conditions Monitoring: Built-in protections prevent trading under unfavorable conditions, such as high spreads or low volatility.
• Hedge Function: If activated, the EA automatically opens a hedge position in the opposite direction in case of a stop loss to recover losses more effectively.
• Real-Time Alerts: Notifies users each time a trade is placed, facilitating active monitoring.