Introduction

Chines Ea Lucky Cat V1.0 MT4 is a fully automated Forex trading system developed for the MetaTrader 4 platform. It is designed to analyze market trends, momentum strength, and volatility in real time, automatically executing trades based on predefined algorithmic logic. The EA aims to remove emotional decision-making from trading while maintaining structured risk management and disciplined execution.

Key Features

Fully automated trade execution
Trend-following and momentum-based strategy
Automatic stop-loss and take-profit placement
Adjustable lot sizing (fixed or risk-based)
Spread and slippage filtering
Drawdown and equity protection settings
Multi-currency pair compatibility
Customizable trading hours
VPS-friendly for 24/5 operation

Recommended Settings

Recommended settings may vary depending on account size and broker conditions, but general guidelines include:

Timeframe: M15 or H1
Preferred Pairs: Major pairs such as EURUSD, GBPUSD, USDJPY
Risk Per Trade: 1%–2% of account balance
Lot Mode: Auto lot based on risk percentage for better control
Max Spread: Keep within low-spread broker limits
VPS: Recommended for stable performance

Always forward test on a demo account before trading live.

Backtest Result

Backtesting typically shows:

Better performance during trending market conditions
Moderate drawdown when conservative risk settings are applied
Sensitivity to spread and broker execution quality
Reduced efficiency during prolonged sideways markets

Results depend on broker data quality, timeframe selection, and optimization settings.

Advantages

Eliminates emotional trading decisions
Executes trades with speed and precision
Built-in risk management features
Saves time and reduces screen monitoring
Customizable settings for flexibility
Suitable for beginners and experienced traders

Disadvantages

Performance depends on market conditions
Drawdowns are possible
Sensitive to high spreads and slippage
Requires monitoring despite automation
VPS may add additional cost
No guaranteed profitability

Installation & Setup Guide

Download the Chines Ea Lucky Cat V1.0 file (.ex4 or .mq4).
Open MetaTrader 4.
Click File → Open Data Folder.
Open the MQL4 folder and then the Experts folder.
Paste the EA file into the Experts folder.
Restart MT4.
Enable AutoTrading from the toolbar.
Open your preferred currency pair and timeframe.
Drag the EA from the Navigator panel onto the chart.
Adjust input settings according to your risk preference and click OK.

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.