Leopard Scalper EA is designed for scalping, utilizing ICT (Inner Circle Trader) concepts to identify short-term trade opportunities. The ICT EA has been optimized to handle market volatility effectively and maximize trading opportunities. A feature described as “counter-loss” is included in order to limit financial risks and potentially reduce negative outcomes, providing recovery opportunities from unfavorable market movements.
This ICT EA primarily operates on the M1 timeframe, focusing on short-term price movements. It was initially developed for GOLD (XAUUSD) on M5, but it has performed better on EURUSD after further testing. While it supports other instruments like BTC, ETH, XRP, GAS, OIL (XTI), US30, and US100, users are advised to backtest and adjust parameters carefully when using the EA on assets apart from EURUSD.
Key Features of Leopard Scalper EA
- Counter Loss Mechanism – Leopard Scalper EA this feature attempts to enhance trade recovery and equity stability by taking counter positions when markets move unfavorably. This is essentially hedging your position. The hedge option is optional but enabled by default.
- Manual Trading Control – Traders may manually activate or deactivate automatic entry in buy or sell directions as desired.
- Margin Status Display – A margin monitoring function indicates the used margin thresholds through color-based visuals. Green shows normal margin usage, while red indicates higher risk, prompting a recovery mode action with counter trades.
- Margin Alert System – A built-in alarm sound notifies users when the margin reaches preset critical levels.
- Advanced Trade Management Tools – Additional trade management tools include customizable stop-loss and trailing stop settings for capital management.
- Multi-Timeframe Tracking – Users have access to performance data on daily, weekly, monthly, and annual time scales, assisting in evaluation and decision-making.
- Flexible Trading Times – Settings allow users to define preferred trading hours and days up to five time periods in local time.
- Enhanced Margin Controls – Margin protection mechanisms force-stop trading activity once set margin thresholds are breached.
Please test in a demo account for at least a week first. Then, please familiarize yourself with and understand how this Inner Circle Trader EA works, before using it in a real account.
Recommendations for ICT EA
- Minimum cent account balance of 100$ or equivalent standard account. (The developer states that it can function with a standard account of $1,000.)
- Works best on EURUSD, and XAUUSD. (Work on any Pair)
- It works best on M1. (Work on any TimeFrame)
- ICT EA should work on VPS continuously to reach stable results. So we recommend running this Leopard Scalper EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread, Slippage, and quick execution account is Recommended, especially during rollover time (Find the Perfect Broker For You Here)
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Conclusion
In summary, Leopard Scalper EA presents users with automated trading functions based on ICT concepts, featuring enhanced risk management, trade recovery elements, and flexible user controls. However, each trader should independently assess the suitability of this tool for personal use, ensuring adequate testing and risk management prior to deployment on live accounts.
back test on Gold on 2023 to actual day with file set is terrible , it destroied the account , but in general is interesting , found the right settings.
Nope, Account wiped out today as default settings.
See my comment below!
This EA is not suitable for all brokers. Low spread is required!
nice, nice, bot
does it work for you ?
would you mind sharing a setup
or settings
what pair are you running it on
thank you
See my comment below!
it worked great for couple days on the gold pair but then it stopped opening trades completely nothing for like 4 days now
See my comment below!
For those who are having problems with this EA, visit the EA page on mql5, in the reviews section. The author himself has provided some .sets and suggested adjustments to solve them. My own suggestion: decrease the lot risk size for your safety and enjoy! Here it is working fine!
hello
sorry but are you able to attach a link to this mql5 web page that you are mentioning ?
cannot find it on mql5
much appreciated
https://www.mql5.com/en/market/product/123623?source=External#!tab=comments
thank you for the link
will it works in live account sir? good comments will try in my vps
I am testing the EA only on EURUSD on a live DEMO account. I don’t have an opinion on its performance yet. I also don’t know how the EA reacts to a strong rally up or down, or to a low liquidity or sideways market. As I said in my first comment on this topic, my impression is that the EA depends on the conditions of each broker and I am testing it here at my broker to see how it behaves. In any case, it is working fully for me after some little adjustments I made to the settings. Good luck in your trades!
I tried this for a week with the set file provided, in m5 on gold, started with 1400$ demo account, it raised to 11k in 3days, and lost everything n left the balance on yesterday all time high..
Thank god I tired in demo account first.. bcoz of its 9% risk, its reward n risk both r high.. if anyone wants to try keep the risk to 3% or 1% per trade..
Settings please this ea safe trade