Hermes EA v1.4 MT4 (Official Version 1479+)

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Will it work for me?

Trading platform

MetaTrader 4 (MT4)

Currency pairs

EURUSD (Any pair)

Time frames

M15 (Any time frames)

Account type

Any

Minimum / Recommended deposit

$100

Product type

NoDLL / Fix

What you get

In the download

COMHermes EA MT4 by eaforexstore.com

Full review

What is Hermes EA?

Hermes EA is a professional Expert Advisor (EA) designed to trade the EURUSD currency pair. Tested from 2012 to 2024, this EA has proven its stable performance, avoiding risky methods like Martingale, and is fully compatible with the MetaTrader 4 (MT4) platform.

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Key Highlights

Combined Strategy: Utilizes both Breakout strategy and price level trading.
No Indicators Used: Relies on price movements and Support/Resistance levels.
Stable Performance: Proven over 20 years of testing.
Risk Management: Integrates Stop Loss (SL) and Take Profit (TP) to protect trades.
Easy to Use: Simple setup with minimal complex options.
Flexible: Optionally supports Hedging when necessary.

Hermes EA MT4 Features

Safety: Does not use Martingale or other risky methods.
Transparency: No application of artificial intelligence or complex neural networks.
Profit Potential: Combines two strategies to leverage different market opportunities.
Suitable for Beginners: Easy-to-use interface with minimal customization.
Highly Customizable: Features can be expanded according to individual preferences and strategies.

Hermes EA MT4 Review

Hermes EA has been performing well on tests from 1999 - 2024 and this performance is maintained impressively on real accounts and maintains a high level of security for trading accounts.

1. Hermes EA live results:

The trading results on the Real account of Hermes EA reached 78% in 9 weeks of continuous trading and from an initial deposit of $300. The performance parameters show the stability and potential of the advisor in real trading conditions, where the risk level is effectively optimized at Maximum drawdown: 28.5%.

2. Hermes EA backtest results:

In the backtest trading tests of Hermes EA achieved impressive performance, the trading timeframes were all advised to optimize profit performance and safe risk level.

Trading results from 1999 - 2024, with capital of $100 and total profit reached $61.55 billion and Drawdown: 0.10%.
Trading results from 2020 - 2024, with capital of $1,000 and total profit reached $3.53 million and Drawdown: 0.02%.

Hermes EA Download

The download package includes the official version of the advisor:

Experts:
- Hermes EA MT4 v1.4.ex4
- Hermes EA MT4 v1.1.ex4

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About the Author

This product is compiled by Aleksandr Chebotaev. This author has more than +2 years of experience working on MQL5 with many famous products such as Hermes EA MT4, Hercules AI MT4 and other products. Among them, Hermes EA MT4 is his best performing product in 2 years.

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Conclusion

In conclusion, Hermes EA is a powerful and reliable trading advisor that has proven its effectiveness for over two decades. It utilizes a unique combination of breakout and level strategies, operating without the need for complex indicators or risky techniques such as martingale.

By prioritizing risk management with stop-loss orders and optional hedging, Hermes EA provides a safe and profitable trading solution. Its user-friendly design and adaptability to different account types make it accessible to traders of all levels.

>>> Reviewed by Jason Stap

Questions about Hermes EA v1.4 MT4 (Official Version 1479+)

1. What is Hermes EA and how does it work?

Hermes EA is an automated trading system (Expert Advisor) designed for the EURUSD currency pair. It utilizes a combination of breakout and price level strategies to identify profitable trading opportunities.

2. Is Hermes EA suitable for beginners?

Yes, Hermes EA is designed to be user-friendly and suitable for both beginners and experienced traders. It has a simple setup process and requires minimal customization.

3. What is the risk involved in using Hermes EA?

While Hermes EA incorporates risk management techniques like stop-loss orders and optional hedging, trading always involves risk. It's important to understand that past performance is not indicative of future results.

4. Does Hermes EA use Martingale or other risky strategies?

No, Hermes EA does not employ Martingale or other risky strategies. It focuses on a stable and sustainable approach to trading.

5. What are the hardware and software requirements for using Hermes EA?

Hermes EA is designed to work with the MetaTrader 4 (MT4) platform. You'll need a MT4 trading account and a computer or mobile device that can run the MT4 platform.

6. How often does Hermes EA generate trading signals?

The frequency of trading signals can vary depending on market conditions. Hermes EA analyzes the market continuously and generates signals when suitable opportunities arise.

7. What is the minimum deposit required to use Hermes EA?

There is no specific minimum deposit requirement for using Hermes EA. However, it's recommended to have a sufficient balance to accommodate potential drawdowns and margin calls.