Elite Forex Scalper EA – Verified 6.5-Year Live Scalping Record on MT4

Elite Forex Scalper is an automated RSI-based scalping EA for MetaTrader 4, with a verified real-account signal running continuously from May 2018 to January 2025.

The primary signal recorded +16,693% total gain over 6.5 years on a real USD account with PU Prime — evidence that the system survived multiple market cycles, not just a favorable window.

Key Highlights

• ✅ Six-and-a-half years of verified real-account history — rare longevity in a market of short-run screenshots
• ✅ Three separate live signals verified on Myfxbook across PU Prime and FBS — not a single cherry-picked result
• ✅ RSI-based entry (period 14, buy below 20, sell above 80) with automated lot scaling on MT4
• ✅ Configurable equity-stop at 50% loss threshold — hard circuit breaker prevents account wipeout
• ✅ Unlike EAs with locked or demo-only track records, all three signals show verified trading privileges on real accounts
• ✅ $2.18M in withdrawals confirmed across the primary signal — real capital extracted, not just equity on paper

Performance Results

The primary PU Prime signal ran from May 2018 to January 2025 — 6.5 years on a verified real USD account. It recorded +16,693% total gain, a 6.53% average monthly return, and $2.18M in confirmed withdrawals against $251,500 in deposits. That withdrawal figure matters: it confirms real capital left the account, not just a growing equity curve with no exits.

A second verified real-account signal on FBS ran from May 2020 to February 2023, recording +1,265% total gain and a 1.61% maximum drawdown over nearly three years. The ultra-low drawdown on this signal — against a very different broker and leverage profile — shows the equity-stop and RSI filter working as designed under controlled settings.

A third signal on FBS ran from December 2019 to March 2022, recording +340% total gain with a 37.42% drawdown — balance details locked. The elevated drawdown on this signal reflects aggressive lot scaling via the LotMultiplier of 1.15 combined with 1:500 leverage. Control drawdown by reducing LotMultiplier below 1.10, capping leverage at 1:100–1:200, and setting EquityLossPercent no higher than 20–30% for conservative operation. At the documented settings, expect drawdown episodes in the 30–40% range during adverse sequences, with recovery spanning weeks to months depending on trade frequency.

All three signals reflect historical live performance from periods ending between 2022 and 2025. Market conditions evolve. Run a minimum 90-day demo before live deployment to validate current behavior.

How It Works

Strategy: RSI-filtered scalping on MT4 — exploits short-term mean-reversion at RSI extremes (overbought/oversold) with automated lot compounding.

Entry: RSI(14) drops below 20 triggers buy; RSI(14) rises above 80 triggers sell.

Exit: Take profit at 100 points; equity-loss circuit breaker closes all trades at threshold.

Risk Control: Fixed 0.01 base lot, 1.15 multiplier per sequence, hard equity-stop at 50% EquityLossPercent — lower this first.

✅ Best conditions: Ranging markets with clear RSI extremes • Brokers with spreads under 1.5 pips • Leverage 1:100–1:200 with conservative lot multiplier

⚠️ Caution: Strong trending markets where RSI stays extreme for extended periods • High-spread brokers eating into 100-point TP targets

Technical Specifications

This EA runs on MT4 only. Browse MT5 alternatives if your broker is MT5-only.

Who Should Use This EA

✅ Ideal for:

• Experienced MT4 traders who understand martingale-style lot compounding and its drawdown profile
• Traders comfortable with 30–40% drawdown episodes in exchange for high long-run return potential
• Accounts with $5,000+ where reduced lot sizing keeps individual sequence risk proportional
• Traders prepared to demo test 90+ days and tune EquityLossPercent before committing live capital

✅ Best results when:

• Running on a low-spread ECN broker with execution under 50ms
• LotMultiplier is reduced from default 1.15 to match your personal drawdown tolerance

Download Package Included

• ✅ Experts:
  • MT5: Elise-EA.ex5
  • MT4: Elise-Gold-EA.ex4
  • MT4: Elite Forex Scalper v6.20_fix.ex4
• ✅ Presets:
  • Elise-Gold-EA_MT4_Cent_4k~20k_M1_BTC
  • Elise-Gold-EA_MT4_Cent_4k~20k_M1_XAU
  • Elise-Gold-EA_MT4_Cent_100k_M1_BTC
  • Elise-Gold-EA_MT4_Cent_100k_M1_XAU
  • Elise-Gold-EA_MT4_Cent_300k_M1_BTC
  • Elise-Gold-EA_MT4_Cent_300k_M1_XAU
  • elise-gold-ea_mt5_cent_4k~20k_m1_btc
  • elise-gold-ea_mt5_cent_4k~20k_m1_xau
  • elise-gold-ea_mt5_cent_100k_m1_btc
  • elise-gold-ea_mt5_cent_100k_m1_xau
  • elise-gold-ea_mt5_cent_300k_m1_btc
  • elise-gold-ea_mt5_cent_300k_m1_xau
  • elise-gold-ea_mt5_cent_300k~_m1_btc

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Frequently Asked Questions