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About This EA
Introduction
PREDATOR EA V1.0 is an automated trading system developed for the MetaTrader 4 (MT4) platform. It is designed to execute trades automatically based on built-in trading logic, focusing on short-term market opportunities. The EA aims to reduce manual effort while maintaining disciplined and consistent trade execution.
Key Features
- Fully automated trading system
- Designed for short-term (scalping/intraday) trading
- Built-in stop loss and take profit
- Fast trade execution
- Works on small accounts
- Preset (.set) file support for easy setup
- Customizable risk and lot size
- Continuous market monitoring
Recommended Settings
- Timeframe: M5 or M15
- Pairs: XAUUSD or major forex pairs
- Lot size: 0.01 per $100 (low risk)
- Risk mode: Conservative for beginners
- Use preset file for optimal performance
- Run on VPS for stable execution
Backtest Result
- Shows strong short-term growth in optimized conditions
- Performance depends on:
- data quality
- spread and execution
- Backtest may show high returns with moderate to high drawdown
- Real results may vary in live trading
Advantages
- Easy to use and install
- Saves time with automation
- Emotion-free trading
- Fast execution for scalping
- Suitable for beginners
- Works with low capital
Disadvantages
- High-risk if used with aggressive settings
- Performance depends on market conditions
- Requires stable internet or VPS
- Not fully transparent strategy
- Possible drawdowns during volatility
- Broker conditions affect results
Installation & Setup Guide
- Download EA (.ex4) and preset (.set) files
- Open MT4 → File → Open Data Folder
- Go to MQL4 → Experts → paste EA file
- Paste preset file in Presets/Files folder
- Restart MT4
- Open chart (recommended pair & timeframe)
- Drag EA onto chart
- Enable AutoTrading
- Load preset in Inputs tab
- Adjust lot size if needed
- Allow DLL imports (if required)
- Start and monitor.
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.
Risk Warning
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