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Leopard Scalper EA is an MT4 expert advisor for short-term trading, first built for XAUUSD on M5 and now aimed mainly at EURUSD on M1 to M5. It includes trailing stops, margin alerts, trading-hour filters and Telegram messages.
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Leopard Scalper EA is an automated scalping tool for MetaTrader 4. It opens and manages short-term positions on a chart, with built-in margin monitoring, trading-hour filters and optional Telegram messages. It was first designed for gold (XAUUSD) on the M5 timeframe and is now mainly aimed at EURUSD.
The expert advisor trades short moves around nearby support and resistance areas, opening buy or sell positions and managing them with a stop loss and a trailing stop. Position count is capped by separate maximum buy and maximum sell settings. A reversal adjustment setting lets it react when price turns, using a distance you define.
The EA watches free margin and shows its status on the chart. When usage reaches the threshold you set, the display changes colour and the EA enters a recovery mode that can place counter positions. A sound alarm tells you when this level is reached. Recovery-style logic can raise exposure when the market keeps moving against the account, so decide in advance how much margin you are willing to commit.
You can switch off automatic buy orders, automatic sell orders, or both, and manage trades yourself while the panel and statistics stay active.
Spreads, swap and execution speed differ a lot between brokers and symbols, and scalping is sensitive to all three. Test on the broker and account type you plan to use.
Exact default values are not listed here, so read the input tab after attaching the EA and test every value yourself. The main groups are:
| Setting | Purpose | What to check |
|---|---|---|
| Risk in % of free margin | Sets the share of free margin used per trade | Start low and compare against your lot step |
| Max buy and max sell orders | Limits open positions per side | Keep totals small on small accounts |
| Stop loss and trailing stop | Defines protective distances in points | Adjust for your broker's point size and spread |
| Reversal adjustment | Reacts to trend reversals using a set distance | Test with different values |
| News time filter | Adjusts trading around major releases | Confirm the time zone used |
| Trading periods and days | Up to five local-time windows and chosen weekdays | Match them to your liquid sessions |
| Free margin threshold | Triggers the alert and recovery mode | Pick a level you can tolerate |
| Telegram options | Messages on open, close or both | Requires your own bot setup |
The EA also includes a simulation display and daily, weekly, monthly and yearly statistics. The simulation is an illustration based on your inputs and should not be read as a forecast.
Trading carries risk, and you can lose some or all of your capital. Past results, including back tests, do not predict future ones. Recovery orders and scalping strategies can magnify losses in fast markets. Begin on a demo account, use only money you can afford to lose and keep watching open positions.
A VPS can help keep the terminal connected during the hours you choose to trade. Do not change positions by hand more than needed, since the EA manages its own orders and extra interference may change how it behaves.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor, .ex4) |
| Strategy focus | Gold or XAUUSD, Scalping, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Trade style | Scalping with stop loss, trailing stop and recovery orders |
| Main market | EURUSD; originally designed for gold (XAUUSD) |
| Other markets | Crypto, oil and indices possible, but need your own testing |
| Timeframes | M1 to M5 are the intended range |
| Alerts | Sound alarm for margin level, optional Telegram messages |
| Requirements | MT4 terminal with Algo Trading enabled; VPS suggested |
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No. This listing is for MetaTrader 4 only. It will not load in MetaTrader 5, so check which platform your broker account uses before buying.
The tool was first designed for gold (XAUUSD) on M5 and is now aimed mainly at EURUSD on M1 to M5 charts. It can be attached to other symbols such as indices, oil or crypto, but those need your own back testing and parameter changes first.
Yes. When free margin reaches the level you set, it can enter a recovery mode and open counter positions. Methods like this can increase exposure during adverse moves, so test the behaviour on a demo account and keep the margin threshold conservative.
Extract the downloaded archive, copy the .ex4 file into the MQL4/Experts folder through File, Open Data Folder in MT4, then restart the terminal or refresh the Navigator. Drag the expert onto a chart and allow automated trading.
The developer suggests a starting balance of about 1,000 USD, or about 10 USD on a cent account. Treat that as a minimum rather than a safe level, and check lot sizes, leverage and spreads with your own broker.
Updates are handled through the store download area. Check your account for the latest file, and re-test settings on a demo account after replacing the file.
Leopard Scalper EA
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