Description
<h3>Introduction</h3>
<p>Chronos Algo EA V1.5 MT4 is an automated trading system developed for the MetaTrader 4 platform. It is designed to analyze market structure and execute trades automatically based on predefined algorithmic logic. The EA focuses on disciplined execution, structured risk management, and consistent trade application, aiming to reduce emotional decision-making and improve trading efficiency.</p>
<h3>Key Features</h3>
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<p>Fully automated trading execution</p>
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<p>Designed specifically for MT4</p>
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<p>Trend and momentum-based trading logic</p>
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<p>Automatic stop-loss and take-profit placement</p>
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<p>Adjustable lot sizing (fixed or percentage-based)</p>
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<p>Spread filtering for controlled entries</p>
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<p>Drawdown and equity protection settings</p>
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<p>Multi-pair compatibility</p>
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<p>VPS-ready for uninterrupted 24/5 operation</p>
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<p>Customizable input parameters for flexibility</p>
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<h3>Recommended Settings</h3>
<p>Settings may vary depending on broker and account size, but general guidelines include:</p>
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<p>Timeframe: M15, H1, or H4</p>
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<p>Preferred Pairs: Major pairs such as EURUSD, GBPUSD, USDJPY</p>
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<p>Risk Per Trade: 1%–2% of account balance</p>
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<p>Lot Mode: Auto lot based on risk percentage</p>
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<p>Max Spread: Use low-spread broker</p>
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<p>VPS: Recommended for stable execution</p>
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<p>Always forward test on a demo account before trading live.</p>
<h3>Backtest Result</h3>
<p>Backtesting typically shows:</p>
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<p>Stronger performance during trending market phases</p>
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<p>Moderate drawdown with conservative risk settings</p>
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<p>Reduced efficiency in prolonged sideways conditions</p>
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<p>Sensitivity to broker spread and slippage</p>
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<p>Live performance may vary depending on market volatility and broker execution quality.</p>
<h3>Advantages</h3>
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<p>Fully automated trade management</p>
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<p>Emotion-free execution</p>
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<p>Structured risk control</p>
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<p>Adjustable settings for different account sizes</p>
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<p>Suitable for medium-term traders</p>
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<p>Compatible with most MT4 brokers</p>
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<p>Time-efficient for traders with limited availability</p>
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<h3>Disadvantages</h3>
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<p>Performance depends on market conditions</p>
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<p>Drawdowns are possible</p>
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<p>Sensitive to high spreads and slippage</p>
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<p>Requires monitoring despite automation</p>
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<p>VPS hosting may add cost</p>
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<p>No guaranteed profitability</p>
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<h3>Installation & Setup Guide</h3>
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<p>Download the Chronos Algo EA V1.5 file (.ex4 or .mq4).</p>
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<p>Open MetaTrader 4.</p>
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<p>Click File → Open Data Folder.</p>
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<p>Open the MQL4 folder and then the Experts folder.</p>
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<p>Paste the EA file into the Experts folder.</p>
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<p>Restart MT4.</p>
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<p>Enable AutoTrading from the toolbar.</p>
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<p>Open your preferred currency pair and timeframe.</p>
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<p>Drag the EA from the Navigator panel onto the chart.</p>
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<p>Adjust input settings according to your risk preference and click OK.</p>
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<h3><strong>Support & Disclaimer</strong></h3>
<h4><strong>Support</strong></h4>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<h4><strong>Disclaimer: </strong></h4>
<p>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.</p>
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