Leprechaun EA MT4 (Latest version) | Unbounded

What is Leprechaun EA MT4?

Leprechaun EA MT4 is a fully automated breakout trading system designed to capitalize on strong price impulses during key market level breakouts. The strategy is based on price levels formed by ZigZag and Fractals indicators, entering trades only when price decisively breaks these significant structures. Leprechaun EA focuses on quality setups rather than constant trading, making it a disciplined and selective Expert Advisor.

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About the Developer

• Author: Aleksandr Somov
• Experience: Over +3 years of experience on MQL5.
• Notable Products: Leprechaun EA, Trend Market EA and other advisors.
• Flagship Product:  Leprechaun EA MT4 is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

Leprechaun EA MT4 Overview

Main Features of Leprechaun EA MT4

• Breakout-Based Strategy: Trades only when price breaks key levels identified by ZigZag and Fractals.
• Impulse Following Logic: Uses trailing techniques to follow strong price movements after breakout confirmation.
• Selective Trade Frequency: Does not trade constantly, entering the market only during valid breakout moments.
• Fully Automated Operation: Executes, manages, and closes trades without manual intervention.
• Trend Momentum Capture: Designed to accompany impulsive price moves rather than range-bound noise.
• Low Drawdown Philosophy: Avoids aggressive strategies that artificially increase drawdown.
• Fixed Lot Support: Allows trading with a fixed lot size for controlled risk exposure.

Additional Features

• Optimized Currency Pairs: Best performance on GBPUSD, EURUSD, and USDJPY.
• H1 Timeframe Strategy: Specifically designed and optimized for the H1 timeframe.
• Low Capital Entry: Minimum recommended deposit starts from $100.
• Simple Installation Process: No additional settings files required for operation.
• Broker Symbol Compatibility: Works correctly with brokers using symbol prefixes or suffixes.
• Independent Chart Setup: Must be installed separately on each trading chart.
• Trailing Trade Management: Automatically manages open positions to maximize breakout profits.

Why Choose Leprechaun EA MT4?

• Clear Trading Logic: Breakout strategy based on well-known market structure concepts.
• No High-Risk Methods: Does not use martingale, grid, or averaging techniques.
• Best for ECN Brokers: Optimized for low-spread ECN environments such as Tickmill.
• Stable Long-Term Use: Trades depend on real market structure, not over-optimization.
• Beginner-Friendly Setup: Easy to install and operate with minimal configuration.
• VPS-Compatible Design: Recommended for uninterrupted performance and fast execution.
• Tested Trading Discipline: Encourages demo testing to ensure broker execution quality before live use.

Leprechaun EA MT4 Backtest Results

🔺USDJPY – 12 Year

• Initial Deposit: $100
• Total Net Profit: $91.692,29
• Win Rate (% of total): 69,69%
• Maximum Drawdown: 6,14%

Leprechaun EA MT4 Backtets

🔺EURUSD – 12 Year

• Initial Deposit: $100
• Total Net Profit: $767.664,54
• Win Rate (% of total): 70.94%
• Maximum Drawdown: 6,35%

Leprechaun MT4 Backtets

🔺GBPUSD – 12 Year

• Initial Deposit: $100
• Total Net Profit: $1.053 million
• Win Rate (% of total): 67.55%
• Maximum Drawdown: 4,95%

Leprechaun EA Backtets

What’s Included in the Download Package?

• Experts: Leprechaun EA_fix.ex4

>>> Join VIP Membership Now <<<

Conclusion

In summary, Leprechaun EA MT4 is a disciplined and structure-based breakout Expert Advisor designed for traders who value precision, clarity, and long-term stability. By focusing on confirmed breakouts from key price levels identified through ZigZag and Fractals, Leprechaun EA avoids overtrading and low-quality market noise. Its impulse-following logic, low drawdown philosophy, and strict avoidance of high-risk methods such as grid or martingale make it a reliable choice for conservative and professional traders alike. Supported by extensive 12-year backtests across major currency pairs, simple installation, and full automation, Leprechaun EA MT4 stands out as a robust MT4 trading system for capturing strong market movements with controlled risk and consistent performance.

>>> Reviewed by Jason Stap <<<