Panther EA MT4 + SetFiles (Official version)

What is Panther EA MT4?

Panther EA MT4 is an advanced scalping Expert Advisor designed for Forex traders seeking precise, short-term trading opportunities. This EA analyzes technical patterns on higher timeframes (H1) and executes trades on the 5-minute (M5) chart. By combining classical chart patterns with the Relative Vigor Index (RVI) indicator, Panther EA identifies bullish and bearish trends accurately before opening positions.
The EA is optimized for fast scalping strategies, using tight stop loss, take profit, and trailing stops, without relying on averaging or martingale methods.

Vendor website 

About the Developer

• Author: Evgeniy Zhdan
• Experience: Over 12 years of experience on MQL5.
• Notable Products: Panther EA MT4, RegressionExpert EA MT4,BlackFractals MT4, EA Tiamat MT4, Stream Z50 EA, IncaGold EA, Prey EA, PGold Standard, Plodder EA MT4, Conductor EA MT4, MagicBands EA MT4, Tug EA, PinTrade MT4 and other advisors.
• Flagship Product: Panther EA MT4 is rated as the best performing product of the year.

>>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

OPanther EA MT4 Overview

Main Features of Panther EA MT4

• Advanced Pattern Recognition: Detects classic technical patterns such as double top/double bottom, head & shoulders, flags, and expanding/narrowing triangles.
• Relative Vigor Index Filter: Uses the RVI indicator to confirm market trends, ensuring trades align with bullish or bearish momentum.
• Scalping Strategy: Optimized for quick, short-term trades with tight stop loss and take profit levels.
• Trailing Stop Management: Each trade can be managed with a configurable trailing stop for enhanced profit protection.
• Safe Trading Parameters: Does not use risky averaging or martingale methods, prioritizing account safety.

Additional Features

• Customizable Risk Management: Set maximum risk per trade using the MaxRisk parameter.
• Flexible Trade Settings: Adjustable take profit, stop loss, spread limits, and slippage for precise trade execution.
• Magic Number Assignment: Ensures organized trade management by uniquely identifying each order.
• User-Friendly Parameters: Easily configure RVI period, trailing stop activation, and step levels for personal trading preferences.

Why Choose Panther EA MT4?

• Precision Trading: Executes trades based on proven technical patterns and trend confirmation.
• Safety First: Tight risk management ensures minimal exposure while maximizing short-term profits.
• Automated Scalping: Designed for M5 charts, allowing traders to capture quick market movements efficiently.
• No Complex Strategies Needed: Ready-to-use with pre-configured settings, suitable for both beginners and experienced traders.

Panther EA MT4 Backtest Results

🔺EURUSD – 25 Months

• Initial Deposit: $1.000
• Total Net Profit: $12.848.41
• Win Rate (% of total): 92.27%
• Maximum Drawdown: 36.47%

Panther EA MT4 Backtest

🔺GBPUSD – 25 Months

• Initial Deposit: $1.000
• Total Net Profit: $3.707 Million
• Win Rate (% of total): 93.68%
• Maximum Drawdown: 25.48%

Panther EA Backtests

🔺USDJPY – 25 Months

• Initial Deposit: $1.000
• Total Net Profit: $643.656.87
• Win Rate (% of total): 94.59%
• Maximum Drawdown: 24.68%

Panther EA MT4 Backtests

What’s Included in the Download Package?

• Experts: Panther EA_fix.ex4

>>> Join VIP Membership Now <<<

Conclusion

In summary, Panther EA MT4 is a highly effective Expert Advisor (EA) designed for traders looking for precise short-term Forex opportunities. By combining advanced technical pattern recognition technology with the Relative Strength Index (RVI) filter, this EA accurately identifies bullish and bearish trends before executing trades on M5 charts. Its strategy is optimized for fast scalping, with tight stop-loss, take-profit and stop-loss levels, while avoiding risk averaging or martingale techniques, ensuring disciplined and safe trading. With customizable risk management, flexible trading parameters and easy setup, this EA is suitable for both beginners and experienced traders. Panther EA MT4 provides a reliable, hands-free solution to effectively capture fast market movements, combining high accuracy, safety and stable profits for modern Forex traders.

>>> Reviewed by Jason Stap <<<