Mustang EURUSD H1 MT4 v4.0 (Official version 1441+)

What is Mustang EURUSD H1 MT4 ?

Mustang EURUSD H1 is a powerful, fully automated Expert Advisor (EA) developed for precision trading on the EUR/USD pair using the H1 (1-hour) timeframe. Engineered with an advanced breakout strategy, hedging logic, and probabilistic analysis, this EA delivers smart risk control and consistent performance for both novice and experienced traders.
Featuring bar-close entry and exit logic, Mustang EA minimizes market noise, avoids false signals, and protects against stop loss hunting—ensuring faster execution and greater trade accuracy. Its intelligent money management system adapts dynamically to market conditions, making it a top choice for traders seeking reliable, low-risk automation on MetaTrader 4 or MetaTrader 5.

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About the Developer

•  Author: Raphael Schwietering
•  Experience: Over 7 years of experience on MQL5.
•  Notable Products: Mustang EURUSD H1, Infinity Trader EA, GOLD Scalper PRO and other products.
•  Flagship Product: Mustang EURUSD H1 is the best performing product.

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Mustang EURUSD H1 MT4 Overview

Key Features of Mustang EURUSD H1 MT4

🔻 Automated Hedging Strategy on EURUSD H1

• Uses fully automated hedging to reduce risk and improve trade efficiency

🔻 Precision Breakout Entries with Bar-Close Logic

• Employs bar-close breakout method to avoid false signals, stop loss hunting, and market noise

🔻 Advanced Entry Algorithm with Probabilistic Analysis

• Multi-layer filtering and statistical analysis for high-probability trade setups

🔻 Live Account Tested with Reliable Performance

• Proven consistent live trading results without over-optimization or curve fitting

🔻 Hard Stop Loss (SL), Take Profit (TP), and Equity-Based Risk Control

• Fixed SL/TP levels combined with equity stop and drawdown limits to protect capital

🔻 Zero Optimization Needed — Plug & Play Setup

• Pre-configured settings tailored for EURUSD allow instant deployment with minimal setup

Why choose Mustang EURUSD H1 MT4?

• Realistic and stable EA performance without relying on unrealistic backtesting tricks

• Safe trading approach without Martingale or Grid strategies

• Beginner-friendly with robust customization for advanced users

• Forward-optimized with 99% modeling quality backtests aligned to real market data

• Optimized for low-spread brokers and VPS usage to minimize slippage

Mustang EURUSD H1 MT4 Backtest and Performance Review

Backtest Overview (2020 – 2024):

• Initial Deposit: $100,000
• Total Net Profit: $350,600
• Win Rate: 82.77%
• Maximum Drawdown: 2.85%
• Consistent profitability with minimal drawdown
• Effective use of hedging and breakout logic to maximize gains

Mustang EURUSD H1 Backtest Results

What does the Mustang EURUSD H1 MT4 package include?

🔻 Expert Advisor File: Mustang EURUSD H1.ex4

🔻 Preset Files:

• Mustang EURUSD H1_No Martingale.set
• Mustang EURUSD H1_Martingale.set

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How To Set Up EA

Mustang EA is a grid + Martingale Expert Advisor designed specifically for EUR/USD on the H1 timeframe. It uses progressive lot allocation and price retracement strategies to maximize profits during market corrections.

Mustang EURUSD H1 EA MT4 setting

🔵 Core Strategy Settings

• Martingale Mode: Enabled (MMType = 1)
• Lot Multiplier: 1.6
• Start Lot Size: 0.01
• Lot Size Mode: Fixed (LotConst_or_not = true)
• Risk Percent: 30.0 (inactive due to fixed mode)

🔻Martingale strategy starts at 0.01 lots and increases by 1.6x after each loss. Risk % setting is ignored when using fixed lots.

🔵 Grid & Take Profit Configuration

• Take Profit: 30.0 pips
• Step Between Orders: 70.0 pips
• Max Trades Allowed: 15

🔻Uses a wide grid with 70-pip spacing and aims for small 30-pip profits per cycle. Maximum 15 trades per sequence allow for deep retracement recovery.

🔵 Risk Management Settings

• Equity Stop Loss: Disabled (UseEquityStop = false)
• Total Equity Risk: 20.0 (inactive)
• Manual Stop Needed: Yes

🔻No built-in equity protection. Use an external equity protector or VPS monitoring to reduce drawdown risk.

🔵 Utility Parameters

• Magic Number: 1111111 (for multi-EA/multi-pair trading)
• Display Table: Enabled during backtesting (ShowTableOnTesting = true)

🔻 Prevents trade conflict and supports easy visual strategy testing in MT4.

Conclusion

In summary, Mustang EURUSD H1 EA is a next-generation automated trading solution built for both beginner and professional traders. Designed specifically for the EUR/USD pair on the H1 timeframe, this expert advisor combines a powerful hedging strategy, advanced breakout algorithms, and smart risk management—delivering consistent results without using high-risk tactics like Martingale or Grid.
With bar-close entry and exit logic, Mustang EA ensures accurate trade execution, filters out market noise, and avoids stop loss hunting. Backed by over 7 years of development and live account performance, it offers a stable, reliable system that dynamically adapts to evolving market conditions. Whether you’re new to automated trading or refining a pro-level strategy, Mustang EURUSD H1 EA delivers verified profitability, low drawdowns, and strict capital protection—making it an ideal choice for serious MetaTrader users.

>>> Reviewed by Jason Stap <<<