Description
<h3>Introduction</h3>
<p><strong>Trade Vantage v4 EA V5.0 MT4</strong> is an automated trading Expert Advisor for MetaTrader 4 designed to execute trades based on pre-built algorithmic rules. It aims to remove emotional decisions by handling entries, exits, and basic risk controls automatically, making it useful for traders who want a more systematic approach.</p>
<h3>Key Features</h3>
<ul>
<li>Fully automated trade execution on MT4</li>
<li>Built-in risk management options (lot sizing modes)</li>
<li>Trade filters (spread/time/news filter depending on build)</li>
<li>Works with multiple currency pairs (commonly majors)</li>
<li>Adjustable Stop Loss / Take Profit settings</li>
<li>Drawdown control features (daily/overall limits if supported)</li>
</ul>
<h3>Recommended Settings</h3>
<ul>
<li><strong>Account type:</strong> Low spread / ECN preferred</li>
<li><strong>Leverage:</strong> 1:200 or higher (lower can work depending on lot sizing)</li>
<li><strong>Pairs:</strong> EURUSD, GBPUSD, USDJPY, XAUUSD (only if your broker supports tight spreads)</li>
<li><strong>Timeframes:</strong> M15 or H1 (start with <strong>H1</strong> for stability)</li>
<li><strong>Risk:</strong> 0.5% to 1% per trade (conservative)</li>
<li><strong>Max spread:</strong> Set a strict limit (example: 20 points on 5-digit brokers)</li>
<li><strong>VPS:</strong> Recommended for stable execution (24/5 uptime)</li>
</ul>
<h3>Backtest Result</h3>
<ul>
<li>Results depend heavily on <strong>broker spread, slippage, timeframe, and settings</strong>.</li>
<li>A typical “good” backtest profile looks like: steady equity curve, controlled drawdown, and consistent month-to-month performance rather than one-time spikes.</li>
<li>If you run a test, compare at least <strong>3–5 years</strong> of data and test on <strong>multiple pairs</strong> with realistic spread.</li>
</ul>
<h3>Advantages</h3>
<ul>
<li>Saves time (no manual monitoring needed all day)</li>
<li>Reduces emotional trading mistakes</li>
<li>Can run systematically across multiple pairs</li>
<li>Settings can be tuned for conservative or aggressive style</li>
</ul>
<h3>Disadvantages</h3>
<ul>
<li>Performance varies across brokers (spread/slippage can ruin results)</li>
<li>Needs optimization + forward testing (not plug-and-play forever)</li>
<li>Can face losses during ranging/choppy markets (depending on strategy logic)</li>
<li>VPS cost may be needed for best execution</li>
</ul>
<h3>Installation Steps</h3>
<ol>
<li>
<p>Download the Trade Vantage v4 EA V5.0 file (.ex4 or .mq4).</p>
</li>
<li>
<p>Open MetaTrader 4.</p>
</li>
<li>
<p>Click <strong>File → Open Data Folder</strong>.</p>
</li>
<li>
<p>Open the <strong>MQL4</strong> folder.</p>
</li>
<li>
<p>Open the <strong>Experts</strong> folder.</p>
</li>
<li>
<p>Paste the EA file into the Experts folder.</p>
</li>
<li>
<p>Close the folder and <strong>restart MetaTrader 4</strong>.</p>
</li>
</ol>
<h3>Setup Steps</h3>
<ol>
<li>
<p>Enable <strong>AutoTrading</strong> from the MT4 toolbar.</p>
</li>
<li>
<p>Open the recommended currency pair chart (as specified by the developer).</p>
</li>
<li>
<p>Select the recommended timeframe (often M15, H1, or as directed).</p>
</li>
<li>
<p>Open the <strong>Navigator</strong> panel (Ctrl + N).</p>
</li>
<li>
<p>Drag <strong>Trade Vantage v4 EA V5.0</strong> from Expert Advisors onto the chart.</p>
</li>
<li>
<p>In the <strong>Common</strong> tab, enable <strong>Allow Live Trading</strong>.</p>
</li>
<li>
<p>In the <strong>Inputs</strong> tab, configure:</p>
</li>
</ol>
<ul>
<li>
<p>Risk percentage (typical 1%–2%)</p>
</li>
<li>
<p>Lot size (fixed or auto lot mode)</p>
</li>
<li>
<p>Max spread filter</p>
</li>
<li>
<p>Drawdown or equity protection settings</p>
</li>
</ul>
<ol>
<li>
<p>Click <strong>OK</strong> to activate the EA.</p>
</li>
</ol>
<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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