Harith EA V2.0 MT4

Introduction

Harith EA V2.0 MT4 is an automated trading system designed for the MetaTrader 4 platform. It follows a structured, trend-aligned strategy combined with built-in risk management to execute trades automatically. The system analyzes market direction, momentum strength, and volatility conditions before opening positions, aiming to deliver disciplined, rule-based trading while maintaining controlled exposure.

Key Features

• Fully automated trade execution
• Trend-based entry logic
• Multi-layer confirmation (trend, momentum, volatility)
• Built-in stop-loss and take-profit placement
• Adjustable percentage-based or fixed lot sizing
• Break-even protection feature
• Trailing stop functionality
• Drawdown and equity protection system
• Compatible with most MT4 brokers
• Supports MT4 backtesting via Strategy Tester

Recommended Settings (Conservative Setup)

• Risk per trade: 1%
• Enable break-even
• Enable trailing stop
• Set moderate leverage
• Activate drawdown protection
• Avoid trading during major high-impact news
• Backtest before using on live account
• Use VPS for stable 24/5 operation

Backtest Result

Backtest performance depends on broker data and configuration. Under conservative settings, traders may observe:

• Steady equity growth over time
• Controlled drawdown levels
• Stable risk-to-reward structure
• Profit factor typically above 1.2–1.5 (data dependent)

Advantages

• Emotion-free automated execution
• Structured trend-aligned strategy
• Strong built-in risk management
• Adjustable risk flexibility
• Break-even and trailing stop profit protection
• Wide MT4 broker compatibility
• Simple installation and setup process

Disadvantages

• Performance varies across market conditions
• Moderate returns under conservative risk
• Sensitive to broker spread and slippage
• No guaranteed profitability
• Requires proper configuration and monitoring
• Needs stable internet or VPS for continuous operation

Installation & Setup Guide

1. Download the .ex4 file.

2. Open MetaTrader 4.

3. Click File → Open Data Folder.

4. Navigate to MQL4 → Experts.

5. Paste the EA file into the Experts folder.

6. Restart MT4.

7. Enable AutoTrading.

8. Open the recommended currency pair and timeframe.

9. Attach the EA from the Navigator panel.

10. Configure risk and protection settings carefully.

11. Enable Allow Live Trading.

12. Confirm the EA is active and running properly.

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.