Prado EA MT4 is a smart forex robot for MetaTrader 4, offering multi-strategy trading, risk control, and automation for consistent long-term profits.
Original price was: $500.00.$50.00Current price is: $50.00.
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Prado EA MT4 is an advanced forex Expert advisor software designed for the MetaTrader 4 platform, providing automated trading with advanced strategies and effective risk management. This EA helps traders maximize profits while minimizing losses through intelligent market analysis and accurate trade execution.
Types of strategies used (trend-following, scalping, or hybrid)
How strategy adapts to different market conditions
Stop-loss and take-profit mechanisms integrated
Customizable risk parameters to suit trader preferences
Adjustable settings for risk tolerance and trading style
Support for multiple currency pairs and timeframes
EA Prado Myfxbook
Prado EA MT4 Backtest
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🔻Prado EA MT4 is a reliable, multi-strategy Expert Advisor designed for year-round trading with stable, non-optimized conditions. It’s best suited for traders seeking long-term consistency, low slippage execution, and full control over trading schedules and strategies.
Prado EA v8.2 MT4 SETTING
🔵 Step 1: Installation
File > Open Data Folder > MQL4 > Experts.Experts folder.🔵 Step 2: Apply EA to Chart
Navigator > Expert Advisors onto the chart.🔵 Step 3: Core Settings Configuration
| Parameter | Recommended Setting | Description |
|---|---|---|
| Quick Testing | false |
Use full simulation mode for accurate trading performance. |
| Optimization | false |
Disables test optimizations, focusing on stable trading logic. |
| Year / Month / WeekOfYear | 0 / 0 / 0 |
Allows trading across all dates for maximum exposure. |
| DayOfWeek | 7 |
Enables trading every day of the week. |
| Strategy 1 to 4 | true |
Activates all four built-in trading strategies for diversification. |
| TimeBroker (UTC+) | 3 |
Set to match broker time (UTC+3) for accurate trading sessions. |
| Sleep (ms) | 100 |
Adds a short delay for processing efficiency. |
| SpreadMax | 30.0 |
Avoids trading when spread exceeds 30 pips to reduce slippage. |
| Slippage | 30 |
Maximum allowed slippage in points. |
| Delete Objects from Chart | false |
Keeps chart objects visible for visual analysis. |
| DeviationCoefSL | 2.0 |
Adjusts Stop Loss deviation for flexible SL placement. |
🔵 Step 4: Enable Year-Round Trading
true to trade throughout the year.In summary, Prado EA MT4 is a powerful and intelligently designed forex trading robot built for the MetaTrader 4 platform. Equipped with multiple built-in strategies and comprehensive risk management tools, this EA offers traders an advanced solution for automating trades with high precision and adaptability. Whether the market is trending, ranging, or highly volatile, Prado EA MT4 adjusts its strategy to capitalize on opportunities while safeguarding capital with integrated stop-loss and customizable risk settings.
>>> Reviewed by Jason Stap <<<
1. What is Prado EA MT4 and how does it work?
Prado EA MT4 is a fully automated forex trading robot designed for the MetaTrader 4 platform. It uses advanced multi-strategy algorithms—including trend-following and scalping methods—to analyze the market, execute trades, and manage risk with minimal manual input.
2. Which trading strategies are used by Prado EA MT4?
Prado EA MT4 combines multiple strategies (up to four active at once) that adapt to various market conditions. These include trend-following, scalping, and hybrid methods, enabling it to operate effectively in both volatile and ranging markets.
3. How does Prado EA MT4 manage trading risk?
Prado EA MT4 includes built-in stop-loss and take-profit mechanisms, customizable drawdown limits, and risk parameters like maximum spread and slippage controls. These tools help limit losses while optimizing trading performance.
4. Is Prado EA MT4 suitable for all experience levels?
Yes. Prado EA MT4 is designed for both beginners and professional traders. It offers preset configurations, high customization options, and fully automated trading, making it easy to use while still powerful for advanced users.
5. What is the performance history of Prado EA MT4?
Live Myfxbook results show a gain of +1306.69% with an average monthly return of 11.72% and a maximum drawdown of 80.74%. Backtest results also show strong profitability with a max drawdown of 30.47% from a $1,000 starting balance.
6. What’s included in the Prado EA MT4 package?
The package includes the expert advisor file Prado EA V8.2_1420+.ex4 and preset files such as USDJPY 100$ H4_DD30%.set, allowing users to quickly apply optimized settings for specific trading scenarios.
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