Trade Vantage v4 EA V5.0 MT4

Introduction

Trade Vantage v4 EA V5.0 MT4 is an automated trading Expert Advisor for MetaTrader 4 designed to execute trades based on pre-built algorithmic rules. It aims to remove emotional decisions by handling entries, exits, and basic risk controls automatically, making it useful for traders who want a more systematic approach.

Key Features

• Fully automated trade execution on MT4
• Built-in risk management options (lot sizing modes)
• Trade filters (spread/time/news filter depending on build)
• Works with multiple currency pairs (commonly majors)
• Adjustable Stop Loss / Take Profit settings
• Drawdown control features (daily/overall limits if supported)

Recommended Settings

• Account type: Low spread / ECN preferred
• Leverage: 1:200 or higher (lower can work depending on lot sizing)
• Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD (only if your broker supports tight spreads)
• Timeframes: M15 or H1 (start with H1 for stability)
• Risk: 0.5% to 1% per trade (conservative)
• Max spread: Set a strict limit (example: 20 points on 5-digit brokers)
• VPS: Recommended for stable execution (24/5 uptime)

Backtest Result

• Results depend heavily on broker spread, slippage, timeframe, and settings.
• A typical “good” backtest profile looks like: steady equity curve, controlled drawdown, and consistent month-to-month performance rather than one-time spikes.
• If you run a test, compare at least 3–5 years of data and test on multiple pairs with realistic spread.

Advantages

• Saves time (no manual monitoring needed all day)
• Reduces emotional trading mistakes
• Can run systematically across multiple pairs
• Settings can be tuned for conservative or aggressive style

Disadvantages

• Performance varies across brokers (spread/slippage can ruin results)
• Needs optimization + forward testing (not plug-and-play forever)
• Can face losses during ranging/choppy markets (depending on strategy logic)
• VPS cost may be needed for best execution

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.