Pati EA V3.01 MT4

Introduction

Pati EA V3.01 MT4 for MT4 is best described as a trading assistant for the PATI workflow rather than a fully autonomous signal robot. The public documentation I could verify describes the PATI Trading Assistant for MetaTrader 4 as a tool that automates routine trading tasks such as trade management, pending-order handling, and breakout workflow support. I could not verify a clearly official public product page specifically for version 3.01, so the summary below is based on the publicly documented MT4 PATI assistant.

Key Features

• Works as an MT4 trade-management assistant for PATI-style trading workflows.
• Uses two components: NewTradeIndicator and PATI Trading Assistant.
• Can automatically apply stop loss and take profit settings.
• Supports pending-order management and adjustment features.
• Includes range breakout tools such as daily high/low range lines.
• Supports the Two Minute Rule for late-candle pending-order cancellation.
• Can detect closed-back-inside-range conditions and auto-close or alert.
• Can take automatic screenshots for trade review and journaling.
• Supports multiple orders per pair in later documented releases.

Recommended Settings

Because the public documentation is for the PATI Trading Assistant rather than a verified V3.01 standalone product page, there is no single official “recommended settings” sheet I could confirm. The safest general setup is:

• Platform: MetaTrader 4
• Use NewTradeIndicator on one chart only
• Use PATI Trading Assistant on each pair/chart you want managed

• Enable Allow Live Trading and MT4 AutoTrading

• Start with conservative settings for:

  • stop loss / take profit handling

  • pending-order features

  • range breakout tools

  • screenshot logging

  • auto-close rules

• Test on a demo account first before live use.

Backtest Result

I could not verify a public official audited backtest report for a product specifically labeled Pati EA V3.01 MT4. Also, because the documented PATI tool is primarily a trade-management assistant, traditional backtest expectations are less clear than they would be for a pure signal-generating EA. The safer conclusion is that traders should evaluate it through demo testing and live workflow testing in MT4, rather than relying on unverified backtest claims.

Advantages

• Helps automate routine trade-management tasks.
• Can improve consistency in stop loss, take profit, and pending-order handling.
• Useful for semi-manual traders who still want control over entries.
• Strong support for breakout-style workflows.
• Screenshot features help with trade review and journaling.
• Highly configurable for different MT4 workflows.

Disadvantages

• I could not verify a public official page specifically for V3.01.
• It appears to be more of a trade assistant than a fully autonomous strategy robot.
• Setup is more complex because it uses two components.
• Requires careful configuration and ongoing monitoring.
• Broker behavior and timing differences may affect how some features work.

Installation & Setup Guide

1. Open MetaTrader 4.

2. Click File > Open Data Folder.

3. Copy NewTradeIndicator.ex4 to MQL4/Indicators.

4. Copy PATITradingAssistant.ex4 to MQL4/Experts.

5. Restart MT4.

6. Attach NewTradeIndicator to one chart only.

7. Attach PATI Trading Assistant to each chart/pair you want managed.

8. Enable Allow Live Trading in the EA settings.

9. Turn on AutoTrading in MT4.

10. Configure stop loss, take profit, pending-order, range, and screenshot settings as needed.

11. Test on demo before using it live.

Support & Disclaimer

Support

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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.