Wolf Scalper EA MT4 V1.625 with Setfiles

What is Wolf Scalper EA MT4?

Wolf Scalper EA MT4 is a fully automated Expert Advisor that specializes in breakout trading from sideways market consolidation phases, claiming over 90% win rates with every trade protected by strict stop-loss orders. Live account verification shows 756% growth over 143 weeks with 91.9% profitable trades on Myfxbook-verified real accounts.

• Vendor website: Click here

About the Wolf Scalper MT4’s Author

Created by Dmitry Kondrashov, a Russian developer with 2 years of experience on the MQL5 platform, who has also developed other automated trading solutions including MetaScalper MT5.

Key Takeaway

• Breakout Strategy: Identifies price extremums during sideways market phases and places buy/sell stop orders to capture breakout movements using One Cancels Other (OCO) logic

• Technical Components: Uses extremum amplitude detection, probability analysis for trade evaluation, and Bad Market Condition Filter while explicitly avoiding averaging or martingale methods

• Risk Management: Every trade protected by mandatory stop loss, advanced position tracking algorithm, configurable trailing stops, and choice between fixed lot or percentage-based dynamic sizing

• Verified Results: Live performance shows 756% growth over 143 weeks with 91.9% win rate, but maximum drawdown reached 42.3% with 125.9% deposit load on high-risk settings

• Market Dependency: Optimized for sideways price phases where markets spend most time, but may underperform significantly during strong trending periods

• Critical Limitations: Highly sensitive to broker conditions (spreads, execution speed), server time requirements (GMT+3 recommended), and vulnerable to false breakout scenarios

Recommendations for Wolf Scalper MT4

• Trading Platform: MetaTrader 4 (MT4) only

• Pairs: EURUSD, USDJPY, GBPUSD – specifically optimized for these major currency pairs

• Supported Accounts: ECN accounts preferred for lower spreads and faster execution essential for scalping success

• Timeframe: H1 (1-hour) timeframe exclusively

• Trading Time: GMT+3 server time strongly recommended – test broker compatibility on demo account first

• Leverage: 1:500 demonstrated in live signals – higher leverage increases both profit potential and loss risk exponentially

• Minimum Deposit: $1,000 minimum suggested, though higher balances recommended for safer risk management given drawdown potential

Quick-Start Parameter Guide

Risk Control
• Fixed lot or constant deposit load: False = percentage-based (riskier), True = fixed lot (safer)
• Constant deposit load in percents: 5% default – reduce for lower risk exposure
• Stop loss in points: 200 default – mandatory protection for every position
• Maximum allowed spread: 12 default – prevents trading in poor conditions

Entry Logic
• Extremum amplitude depth: 12 default – controls sensitivity to price extremums
• One cancels other order: True recommended – cancels opposite pending when one executes
• Open order only on new bar: True – prevents multiple entries per bar

Profit Management
• Take profit in points: 200 default – matches stop loss for 1:1 risk-reward
• Trailing stop in points: 5 default – secures profits as trade progresses
• Order expiration time: 72 hours – removes stale pending orders

Wolf Scalper MT4 Review

Wolf Scalper MT4 provides systematic breakout trading with verified 91.9% win rates, but requires disciplined risk management and careful broker selection due to scalping sensitivity and drawdown potential reaching 42%. Most suitable for intermediate traders experienced with automated scalping systems.

Live Account Performance:
• Primary signal: 756% growth over 143 weeks with 91.9% win rate, but 20.8% maximum drawdown

• Secondary signal: 5001% growth with 93% win rate, but concerning 42.3% maximum drawdown and 125.9% deposit load

Backtest Validation:
• EURUSD and USDJPY both achieved >90% win rates with 1:10 risk-reward ratios during 2019-2022 period

• Combined portfolio generated $11,625 net profit with 4.36% drawdown across 4,044 trades

Why Choose Wolf Scalper MT4

• Proven Strategy: Targets sideways market consolidation phases where most trading opportunities occur, but performance may decline during strong trending market conditions

• Real Account Verification: Myfxbook-verified live results with high win rates over multiple years, though users must accept potential for significant drawdowns as demonstrated

• Full Automation: 100% algorithmic execution eliminates emotional trading decisions, but requires proper parameter optimization and broker compatibility verification

• Comprehensive Risk Management: Mandatory stop losses with advanced position tracking, though aggressive lot sizing options can create dangerous exposure if misconfigured

• Multi-Year Track Record: Extensive backtesting and live performance across major currency pairs, but strategy’s broker and timing sensitivity requires thorough testing before deployment

Conclusion

Wolf Scalper MT4 delivers a focused breakout strategy with verified high win rates but requires careful risk management due to potential for substantial drawdowns. Best suited for intermediate traders capable of proper parameter configuration and broker testing, while beginners should approach cautiously given the aggressive sizing options.

Ready to Use Wolf Scalper EA MT4?

• Telegram Support: https://t.me/+E2r7ipeuS6BjNzFl
• Email Contact: [email protected]
• Website: eafxway.com

Wolf Scalper EA MT4 Download Packages:

• Link download experts:
  • Wolf Scalper EA MT4.ex4
• Presets:
  • EURUSD_Autolot.set
  • GBPUSD_Autolot.set
  • USDJPY_Autolot.set

FAQs