Jesko EA V1.5 MT4

Introduction

Jesko EA V1.5 is an automated Expert Advisor for the MetaTrader 4 platform. It uses a combination of price action, trend analysis, volatility filters, and momentum logic to identify and execute trades automatically. The EA is designed for consistent, low-risk performance with built-in risk controls. This bot works in EUR/USD and the recommended timeframe is M15.

Key Features

• Fully automated trade entry, exit, and management
• Adjustable risk modes (Low, Medium, High) or fixed lot size
• Spread and slippage filters for better execution quality
• Pending order placement based on candle high/low confirmation
• Daily trade limits and daily profit target controls
• Stop loss, take profit, and trailing stop options
• Compatible with most MT4 brokers (ECN preferred)
• Simple installation with customizable input parameters

Recommended Settings

• Currency pair: EUR/USD
• Timeframe: M15
• Lot size: Start with 0.01 per $1,000 of capital (or use Low risk mode)
• Risk mode: Low to Medium for controlled exposure
• Max spread: Keep tight (around 2.0 pips or lower depending on broker)
• Trailing stop: Enabled
• Daily profit limit and max trades: Set according to account size and risk tolerance
• Account type: ECN recommended
• Minimum deposit: Around $100–$200 (higher for safer risk settings)
• Always backtest and run on a demo account first before live use

Advantages

• Removes emotional decision-making through full automation
• Flexible risk controls suitable for different account sizes
• Works on liquid major pairs with relatively tight spreads
• Includes filters to avoid poor market conditions
• Easy to set up and run 24/5 with a VPS

Disadvantages

• Performance depends heavily on broker spreads, slippage, and execution quality
• Like all EAs, past results do not guarantee future profits
• May underperform in strong ranging or high-impact news conditions if filters are not properly set
• Requires monitoring and occasional parameter adjustments for changing market conditions

Conclusion

Jesko EA V1.5 MT4 offers a straightforward automated approach focused on EUR/USD on the M15 timeframe. With proper risk settings, demo testing, and a reliable ECN broker, it can serve as a useful tool for traders seeking hands-off execution. Always apply strict risk management and never risk more capital than you can afford to lose.

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.