Oracle EA V4.3 MT5

Introduction

Oracle EA V4.3 is an automated trading Expert Advisor for MetaTrader 5 (MT5) designed to execute trades based on pre-defined logic, aiming to reduce emotional decision-making and keep execution consistent. It’s typically used by traders who want a hands-free / semi-hands-free trading workflow with controlled risk settings.

Key Features

• Fully automated trade execution on MT5
• Risk management options (fixed lot or risk-based lot, depending on build/settings)
• Built-in Stop Loss & Take Profit support (recommended to keep enabled)
• Spread & slippage protection (helps avoid bad entries during volatile moments)
• Session/time filter (trade only during selected market hours if enabled)
• News / high-volatility filter (if available in your version)
• Pair/timeframe flexibility (works best when matched with the intended setup)

Recommended Settings

• Account type: Hedging (preferred if EA opens multiple positions)
• Leverage: 1:100 or higher (depends on broker rules)
• Risk per trade: 0.5% – 1% (conservative)
• Max spread: Keep tight (especially on Gold/volatile pairs)
• Timeframe: Use the EA’s recommended TF (common: M15 / M30 / H1)
• Pairs: Major pairs only to start (EURUSD, GBPUSD, USDJPY) unless your version is gold-focused
• VPS: Strongly recommended for stability + low latency

Backtest Result

• Backtests usually show better performance on trending + clean volatility conditions, and weaker performance during choppy/ranging markets.
• Realistic expectations: look for stable equity curve, controlled drawdown, and consistent trade frequency rather than only high profit.

Advantages

• Removes emotional trading, keeps execution consistent
• Can run 24/5 without manual monitoring
• Useful for traders who want structured risk rules
• Works well when paired with a low-spread broker + VPS

Disadvantages

• Performance depends heavily on broker spread, slippage, and execution speed
• Not all market conditions suit one strategy (ranges/news spikes can hurt)
• Wrong settings = high drawdown (especially if lot size is aggressive)
• Backtests can look good but still fail live without proper conditions

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

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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.