Punisher Scalper EA
An MT4 scalper EA that uses pending orders on local extrema with small stop loss and trailing stop; recommended on M30 for EURUSD, USDJPY, GBPUSD and XAUUSD.
Punisher Scalper EA automatically looks for local extrema, meaning recent swing highs and lows, and places pending orders to trade breakouts. Each trade uses a small fixed stop loss and a trailing stop. The EA targets a modest number of trades per day rather than stacking many entries.
The package includes an MT4 expert file (a free v8.00 build), set-files for EURUSD, GBPUSD, USDJPY and XAUUSD on M30, and PDF install guides. You can run the EA with fixed lot sizes or enable auto-lot so position size changes according to your settings. The EA does not use martingale, grid, or other averaging methods.
Run on demo first. Use the provided M30 set-files and test for at least one week before risking real money; keep auto-lot off until you understand trade frequency and drawdown.
លក្ខណៈបច្ចេកទេស
- Tool type
- Fully automated Expert Advisor trading breakouts of local extrema
- Platform
- MetaTrader 4
- Strategy
- Pending orders on swing highs/lows with small fixed SL and trailing stop
- Recommended pairs
- EURUSD, USDJPY, GBPUSD, XAUUSD (run these together)
- Recommended timeframe
- M30
- Minimum capital
- $100; use more if you run auto-lot
- Trade frequency
- About 2 to 6 trades per day
- Lot sizing
- Fixed lot or auto lot
- Original list price
- $125
- At AutoFXRebate
- Free MT4 download, set-files for four pairs, PDF install guides and Telegram support
How the EA trades
Punisher Scalper watches recent swing highs and lows and places pending orders to catch breakouts instead of chasing price. When an order executes, the EA uses a small fixed stop loss and a trailing stop so trades usually close quickly.
The EA is set up to avoid martingale, grid and high-frequency stacking. It looks for a limited number of clear setups each day.
Settings and what to watch
You can use a fixed lot or let the EA scale position size automatically. The AutoFXRebate package includes set-files tuned for EURUSD, GBPUSD, USDJPY and XAUUSD on M30. Start with those and keep auto-lot disabled while you monitor live trade behavior.
Because the strategy uses pending orders and tight stops, execution quality, spread and VPS latency matter. Use a low-spread account and a reliable VPS to reduce slippage and help the EA reach its pending entries.
Who this suits
This EA suits traders who want automated breakout scalping with defined per-trade protection and who will check demo performance before funding a live account.
It is not for traders seeking automatic compounding with aggressive scaling. If you rely on martingale or grid, do not enable those modes here.
មុខងារ
- Trades breakouts of recent swing highs and lows using pending orders
- Small fixed stop loss on every trade plus a trailing stop
- Fixed lot or automatic lot-sizing option
- Set-files provided for EURUSD, GBPUSD, USDJPY and XAUUSD on M30
- Targets 2 to 6 trades per day rather than high frequency
- PDF install guides included and Telegram support via AutoFXRebate
សមត្ថភាព
Run the EA on a demo account for several weeks. Record signal counts, average stop-to-target distances and the deepest drawdown you see; those numbers help size positions and decide if auto-lot is appropriate.
ចំណុចខ្លាំង
- Rule-based setup: trades breakouts of recent swing points
- Each trade has a stop loss and trailing stop, making risk explicit
- Low recommended entry capital and included set-files make demo testing quick
- Free at AutoFXRebate with PDFs and Telegram support
ចំណុចខ្សោយ
- The free MT4 file is an older build; AutoFXRebate does not provide automatic updates
- Breakout scalping is sensitive to spread and latency, so a VPS and low-spread account are recommended
- Auto-lot raises position-sizing risk if enabled too early
- Performance depends on execution quality and broker behavior
ការដំឡើង
- Download and unzip the Punisher Scalper EA package from AutoFXRebate; you will find a Punisher Scalper EA folder
- Copy the expert file into MQL4/Experts and place the provided set-files into the terminal's config or /profiles/sets folder
- Restart MT4 so the EA and set-files appear, then attach the EA to an M30 chart (use EURUSD, GBPUSD, USDJPY or XAUUSD)
- Start with the included set-file for the pair and keep auto-lot off; run the EA on a demo for at least one week while logging trades and drawdown
- If you move to live, choose a low-spread account and a reliable VPS to match demo execution as closely as possible
- If you need help, the package includes PDF guides and AutoFXRebate provides Telegram support
សេចក្តីសម្រេច
Punisher Scalper EA is a straightforward MT4 breakout scalper that gives pending-order entries, explicit stop loss and trailing stop per trade, and set-files to speed up demo testing. It fits traders who will verify execution and drawdown on demo first.
Begin on demo with the provided M30 set-files and auto-lot disabled. Follow the setup steps above and consider live only after demo drawdown matches your risk tolerance. Download the MT4 package free from AutoFXRebate and message the Telegram group if you need installation help.
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