Description
<h3>Introduction</h3>
<p>Patriot EA V1.8 MT4 is an automated trading system developed for the MetaTrader 4 platform. It is designed to analyze market trends, momentum strength, and volatility conditions before executing trades automatically. The system focuses on structured, rule-based trading with integrated risk management tools to promote disciplined execution and capital protection.</p>
<h3>Key Features</h3>
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<p>Fully Automated Execution<br>Automatically scans the market and executes trades based on predefined technical logic.</p>
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<p>Trend-Following Strategy<br>Aligns trades with the prevailing market direction to improve probability.</p>
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<p>Momentum Confirmation<br>Uses additional filters to avoid weak or ranging market conditions.</p>
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<p>Built-In Stop Loss and Take Profit<br>Every trade includes predefined protective exit levels.</p>
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<p>Adjustable Risk Management<br>Supports fixed lot sizing or percentage-based risk control.</p>
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<p>Equity Protection<br>Allows setting maximum drawdown or equity stop limits.</p>
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<p>Dynamic Trade Management<br>May include breakeven and trailing stop functionality.</p>
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<p>MT4 Strategy Tester Compatibility<br>Supports historical backtesting for performance evaluation.</p>
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<h3>Recommended Conservative Settings</h3>
<p>For stable performance:</p>
<ul>
<li>Risk per trade: 1–2% of account balance</li>
<li>Lot size: 0.01 per $1,000 as a conservative guideline</li>
<li>Maximum open trades: 1–2</li>
<li>Equity stop: 20–30%</li>
<li>Moderate stop loss and take profit levels</li>
<li>Leverage: 1:100 or lower</li>
</ul>
<p>Conservative settings help reduce drawdown risk and improve long-term stability.</p>
<h3>Backtest Result</h3>
<p>Backtest performance depends on:</p>
<ul>
<li>Currency pair selection</li>
<li>Market conditions</li>
<li>Broker spread and execution</li>
<li>Risk configuration</li>
</ul>
<p>In trending markets, historical testing may show consistent growth with manageable drawdowns under conservative settings. During ranging or highly volatile phases, drawdowns may increase. Independent backtesting in MT4 Strategy Tester is recommended before live deployment.</p>
<h3>Advantages</h3>
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<p>Eliminates Emotional Trading<br>Executes trades mechanically without fear or greed.</p>
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<p>Structured Risk Control<br>Integrates stop loss, take profit, and equity protection.</p>
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<p>Consistent Rule Application<br>Applies identical logic across every trade.</p>
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<p>Time Efficient<br>Reduces need for constant chart monitoring.</p>
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<p>Flexible Configuration<br>Adjustable settings allow adaptation to different account sizes and risk levels.</p>
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<h3>Disadvantages</h3>
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<p>Market Condition Sensitivity<br>Performance may vary between trending and ranging markets.</p>
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<p>Drawdowns Are Inevitable<br>Losing streaks are part of automated trading systems.</p>
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<p>Broker Dependency<br>Spread and slippage can affect results.</p>
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<p>Not Risk-Free<br>No automated system guarantees profits.</p>
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<h3>Installation & Setup Guide</h3>
<p>Step 1: Download the EA file (.ex4 or .mq4).<br>Step 2: Open MetaTrader 4 and click File → Open Data Folder.<br>Step 3: Navigate to MQL4 → Experts.<br>Step 4: Paste the EA file into the Experts folder.<br>Step 5: Restart MetaTrader 4.<br>Step 6: Open your preferred currency pair and timeframe (commonly M15 or H1).<br>Step 7: Drag the EA from Navigator → Expert Advisors onto the chart.<br>Step 8: Adjust input parameters according to your risk tolerance.<br>Step 9: Enable AutoTrading.<br>Step 10: Test on a demo account before live trading.</p>
<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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