Introduction

Gecko EA V1.2 MT4 is an automated trading system designed for the MetaTrader 4 platform. It uses algorithm-based logic to analyze market conditions, identify trading opportunities, and execute trades automatically. The system aims to simplify trading by reducing manual effort while maintaining consistency and structured risk management.

Key Features

Fully automated trading on MT4
Algorithm-based entry and exit logic
Trend and momentum-based strategy
Dynamic trade management
Built-in risk management controls
Adjustable lot size and trading parameters
Continuous market monitoring (24/5)
Supports backtesting and optimization

Recommended Settings

Timeframe: M5, M15, or H1
Lot Size: 0.01 per $100–$200 balance
Risk Level: Low to moderate for stability
Stop Loss / Take Profit: Use default or optimized values
VPS: Recommended for uninterrupted operation
Broker: Low spread and fast execution preferred

Backtest Result

Backtest performance depends on broker data and settings used. General observations include:

Consistent execution based on predefined strategy
Stable performance under optimized conditions
Drawdown may occur during high volatility or trend reversals
Better results when risk is controlled and settings are optimized

It is recommended to perform personal backtesting before live trading.

Advantages

Saves time through automation
Eliminates emotional trading decisions
Provides consistent execution
Easy to use for beginners
Customizable risk settings
Continuous trading without manual monitoring

Disadvantages

No guarantee of profit
Performance depends on market conditions
Risk of drawdown
Requires VPS for best performance
Broker conditions affect results
Needs monitoring despite automation

Installation & Setup Guide

Download the EA file (.ex4)
Open MT4 → File → Open Data Folder
Go to MQL4 → Experts
Paste the EA file into Experts folder
Restart MT4 platform
Open chart (symbol and timeframe)
Drag and drop EA onto chart
Adjust input settings (lot size, risk, etc.)
Enable AutoTrading
Allow required permissions.

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.