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Elite Tactics is an MT4 expert advisor that works from key price levels and places pending orders, each with a stop loss. It includes spread and slippage filters and its defaults are tuned for EURUSD on H1.
Get one message the moment it launches, with its price.
Elite Tactics is a fully automated expert advisor for MetaTrader 4. It looks at important price levels on the chart and places pending orders around them, attaching a stop loss to every position it opens.
Instead of entering at market, the EA waits for price to reach areas it has marked as significant and uses pending orders to take part in a move. Pending orders can be filled quickly when price reaches the level, which is why the developer chose this approach. Every order carries a stop loss, so there is a defined exit if the market moves against it.
The EA also has filters intended to keep it out of poor conditions. These include protection against wide spreads and against excessive slippage, plus additional filtering functions that you can adjust. The developer states that it does not use martingale position sizing. Even so, you should confirm in the strategy tester how many orders can be open at once with your chosen inputs, so there are no surprises on a live account.
The default inputs are tuned for EURUSD on the H1 chart, and this is the combination the developer recommends starting with. The EA is not locked to one symbol or timeframe, so you can try others, but then you should test and optimise on good quality tick data and not assume the default values will suit them.
The EA is highly customisable. Exact parameter names and ranges can differ, so read the input descriptions inside the EA after you attach it. In general, check the following groups before trading:
Trading carries risk, and you can lose part or all of your capital. Back-tests and past results do not predict future ones, and a stop loss does not remove the risk of slippage or gaps. Test on a demo account first and only risk money you can afford to lose.
Always back-test with the highest quality tick data your broker offers, and compare the tester results with demo trading under the same conditions.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (fully automated) |
| Trade style | Pending orders at key price levels, stop loss on each order |
| Default pair and timeframe | EURUSD, H1 |
| Other markets | Not restricted by the developer; test before using |
| Broker type | Low-spread ECN account suggested by the developer |
| Hosting | VPS with low latency suggested |
| Account size | Developer suggests 100 USD on a micro lot account as a minimum; check your broker |
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This listing is for the MetaTrader 4 build only. An MT5 expert advisor will not load in MT4 and the reverse is also true, so make sure your terminal is MT4 before buying.
The default inputs are set for EURUSD on the H1 chart. The developer says the EA is not limited to one pair or timeframe, but other symbols will need their own testing and probably their own settings.
The developer recommends a true ECN account with low spreads and a VPS with small delays. Because the EA uses pending orders and has spread and slippage filters, wide spreads or slow execution can reduce how often it trades or change its results.
The developer states that it does not use martingale-style position sizing. It places pending orders at price levels, each with a stop loss. Before running it live, check in the strategy tester how many orders can be open at the same time with your settings.
The defaults are built for EURUSD H1, but you should set risk to suit your account equity and run a back-test first. Check the input descriptions inside the EA for the exact parameters available.
No. Trading carries risk, and back-tests or past results do not predict future ones. You can lose some or all of your deposit.
Elite Tactics
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