Description
<h3>Introduction</h3>
<p>Gecko EA V1.2 is an automated trading Expert Advisor for MetaTrader 4 designed to execute trades based on predefined market conditions. It’s built to reduce manual decision-making by handling entries, exits, and basic risk controls automatically, making it useful for traders who want a systematic approach on MT4.</p>
<h3>Key Features</h3>
<ul>
<li><strong>Fully automated trading</strong> (auto entry + auto exit)</li>
<li><strong>Risk management options</strong> (fixed lot or risk-based sizing, depending on settings)</li>
<li><strong>Built-in Stop Loss & Take Profit</strong> (helps control downside and lock targets)</li>
<li><strong>Works across multiple pairs</strong> (commonly used on major FX pairs; depends on broker conditions)</li>
<li><strong>Trade filters</strong> (spread/time filters to avoid bad execution periods)</li>
<li><strong>User-friendly inputs</strong> (easy to adjust lots, SL/TP, max trades, trading hours)</li>
</ul>
<h3>Recommended Settings</h3>
<ul>
<li><strong>Platform:</strong> MT4</li>
<li><strong>Account type:</strong> ECN / Raw spread preferred</li>
<li><strong>Timeframe:</strong> M15 or H1 (start with <strong>H1</strong> for cleaner signals)</li>
<li><strong>Pairs (suggested):</strong> EURUSD, GBPUSD, USDJPY (avoid very high-spread pairs)</li>
<li><strong>Risk:</strong> 0.5%–1% per trade (or small fixed lot on small accounts)</li>
<li><strong>Trading hours:</strong> London + New York sessions (avoid late low-liquidity hours)</li>
<li><strong>VPS:</strong> Recommended (stable execution + fewer disconnections)</li>
</ul>
<h3>Backtest Result</h3>
<ul>
<li>
<p>Backtest performance depends heavily on <strong>spread, commission, slippage, and data quality</strong>.</p>
</li>
<li>
<p>A typical “healthy” backtest profile would show:</p>
<ul>
<li>
<p>Controlled drawdown (not extreme spikes)</p>
</li>
<li>
<p>Stable equity curve (less “lot jumping”)</p>
</li>
<li>
<p>Consistent trade frequency (not overtrading)</p>
</li>
</ul>
</li>
<li>
<p>Best practice: test on your broker’s <strong>realistic spread</strong> and run a <strong>forward demo test for 1–2 weeks</strong> before live.</p>
</li>
</ul>
<h3>Advantages</h3>
<ul>
<li>Saves time by automating execution</li>
<li>Removes emotional trading (rule-based decisions)</li>
<li>Adjustable risk and trade filters</li>
<li>Can be used for structured testing (demo → small live → scale)</li>
</ul>
<h3>Disadvantages</h3>
<ul>
<li>Results vary by broker conditions (spread/slippage matters a lot)</li>
<li>Can underperform during high-volatility news</li>
<li>Needs optimization per pair/timeframe (not always “plug & play”)</li>
<li>Over-optimization risk if you tune too much to past data.</li>
</ul>
<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><span style="font-size: 12.0pt; line-height: 115%; font-family: 'Calibri',sans-serif; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-ansi-language: EN-IN; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">Disclaimer: </span></strong></h4>
<p><span style="font-size: 12.0pt; line-height: 115%; font-family: 'Calibri',sans-serif; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-ansi-language: EN-IN; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">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</span></p>
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