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About This EA
Introduction
Predator EA V1.3 MT4 is an automated trading system designed for the MetaTrader 4 platform. It analyzes real-time market conditions using predefined algorithms and executes trades automatically. The system focuses on structured entries, risk management, and consistent execution, making it suitable for traders looking to reduce manual effort and improve discipline.
Key Features
- Fully automated trade execution and management
- Combines trend, momentum, and price action logic
- Built-in stop loss and take profit
- Adjustable risk and lot size settings
- Multi-currency pair support
- Fast execution optimized for MT4
- Compatible with VPS for continuous trading
- Improved stability and performance in V1.3
Recommended Settings
- Timeframe: M15 or H1
- Pairs: EUR/USD, GBP/USD, USD/JPY, XAU/USD
- Risk: 1% to 3% per trade
- Lot Size: 0.01 for small accounts
- Broker: Low spread (ECN preferred)
- VPS: Recommended for 24/7 operation
Backtest Result
- Stable growth in trending market conditions
- Controlled drawdown with low-risk settings
- Higher returns possible with increased risk (with higher drawdown)
- Performance varies depending on pair, timeframe, and broker
- More consistent results when optimized correctly
Advantages
- Saves time through automation
- Eliminates emotional trading decisions
- Executes trades quickly and consistently
- Beginner-friendly setup
- Supports multiple pairs simultaneously
- Customizable based on user preference
Disadvantages
- No guarantee of profit
- Requires proper setup and optimization
- Needs VPS for best performance
- Sensitive to market volatility and news events
- Results vary across brokers
- Requires periodic monitoring
Installation & Setup Guide
- Download the EA file (.ex4 or .mq4)
- Open MT4 and go to File → Open Data Folder
- Navigate to MQL4 → Experts
- Paste the EA file into the Experts folder
- Restart MT4 platform
- Find the EA in Navigator under Expert Advisors
- Drag and drop it onto a chart
- Enable “Allow Live Trading” in settings
- Adjust inputs such as risk and lot size
- Turn on AutoTrading to activate.
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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