BEARS EA V1.0 MT4

Introduction

BEARS EA V1.0 MT4 is an automated trading system developed for the MetaTrader 4 platform. It is designed to analyze market conditions and execute trades based on predefined algorithms, focusing on structured and rule-based trading without manual intervention.

Key Features

• Fully automated trade execution
• Built-in stop-loss and take-profit system
• Customizable risk and lot size settings
• Compatible with multiple currency pairs
• Continuous market monitoring during trading hours
• Backtesting and optimization support
• Simple integration with MT4 platform

Recommended Settings

• Timeframe: M15 or H1
• Currency Pairs: Major pairs such as EURUSD, GBPUSD, USDJPY
• Risk Level: 1% to 3% per trade
• Lot Size:
  • Small accounts: 0.01 fixed
  • Larger accounts: balance-based lot sizing
• Broker: Low spread and fast execution recommended
• VPS: Recommended for uninterrupted operation

Backtest Result

• Shows steady growth under optimized conditions
• Win rate varies depending on settings and market conditions
• Drawdown depends on risk configuration
• Performs better in trending or moderately volatile markets

Advantages

• Automates trading بالكامل
• Removes emotional decision-making
• Ensures consistent execution
• Customizable for different trading styles
• Suitable for beginners and intermediate traders

Disadvantages

• No guarantee of profit
• Performance depends on market conditions
• Requires proper setup and monitoring
• Can experience drawdowns during unfavorable conditions

Installation & Setup Guide

1. Download the EA file (.ex4)
2. Open MetaTrader 4
3. Go to File → Open Data Folder
4. Navigate to MQL4 → Experts
5. Paste the EA file into the Experts folder
6. Restart MT4
7. Drag the EA onto a chart
8. Enable AutoTrading
9. Adjust input settings (risk, lot size, etc.)
10. Test on a demo account before live use.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer: 

Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.