Patriot EA MT4 v1.8 with SetFiles | Unbounded

What is Patriot EA MT4?

Patriot EA MT5 is a disciplined intraday automated trading system designed for stability, capital protection, and consistent performance. It trades based on structured price movements, uses strict stop loss, breakeven, and trailing-stop protection, and adapts to changing market conditions through intelligent spread and time filters. Built to reduce drawdowns and avoid aggressive strategies, Patriot EA focuses on sustainable growth and long-term reliability rather than risky rapid gains.

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Main Features of Patriot EA MT4

• Conservative Risk Control: Uses low per-trade risk settings to protect capital and limit drawdowns
• Advanced Trade Protection: Fixed stop loss, breakeven logic, and dynamic trailing stop for every position
• Intraday Trend Capture: Targets structured price movements on medium-term timeframes
• Smart Execution Filters: Avoids trading during high spreads and low-liquidity market periods
• High Risk-to-Reward Logic: Tight protective stops combined with extended profit objectives
• Time-Based Trading Windows: Operates primarily during active market sessions for better trade quality
• Broker-Adaptive Design: Automatically adjusts to different price digits and execution modes

Additional Features

• Noise Reduction: Avoids high-risk methods like grid systems, martingale, or averaging to minimize overtrading
• Confirmed-Candle Entries: Opens trades only after new candle confirmation to reduce false signals
• Drawdown Defense Layers: Multiple protection mechanisms help mitigate losing streaks
• Stable Growth Focus: Designed for consistency instead of aggressive balance acceleration
• Clear & Transparent Logic: No hidden tactics—rules and risk systems are fully visible and structured
• Marketplace-Ready Design: Built for long-term usability and real trading environments
• Easy Setup: Straightforward configuration suitable for both beginners and experienced traders

Why Choose Patriot EA MT4?

• Prioritizes safety, controlled risk, and disciplined intraday trading
• No martingale, no grid, and no risky position-scaling techniques
• Consistent performance approach designed to reduce psychological stress for traders
• Adapts automatically to market conditions with spread and time filters
• Strong capital-preservation focus with strict stop-loss protection on every trade
• Suitable for prop-firm style trading thanks to conservative risk architecture
• Ideal for traders seeking steady growth rather than speculative high-risk systems

Patriot EA MT4 Performance Review

🟢Myfxbook Results

Patriot EA MT4 Myfxbook

🟢Backtest Results

🔺GBPUSD pair – 5 years 

• Initial Deposit: $500
• Total Net Profit: $1.93 billion
• Win Rate (% of total): 69.75%
• Maximum Drawdown: 7.40%

Patriot EA MT4 Backtest

What’s Included in the Download Package?

• Experts:
  • Patriot EA v1.8_fix.ex4
• SetFiles:
  • Patriot_VeryLowrisk.set
  • Patriot_Lowrisk.set
  • Patriot_Lowrisk_$500.set
  • Patriot_Mediumrisk_$500.set
  • Patriot_Highrisk_$500.set

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How To Set Up EA

🔺 Patriot EA MT4 is an automated Forex trading robot designed for MetaTrader 4. It uses price signals, time filters, break-even logic, and automatic stop-loss management to execute automated trades with controlled risk.
Below is an explanation of how to properly install and configure Patriot EA MT4 to achieve optimal trading performance.

1. Open MetaTrader 4
2. Go to File → Open Data Folder
3. Navigate to MQL4 → Experts
4. Copy Patriot EA v1.8_fix.ex4 into the Experts folder
5. Restart MT4
6. Attach Patriot EA to your desired chart
7. Enable AutoTrading
8. Allow Live Trading and DLL imports

Setting

1. Order Execution Settings

• TypeOrderExecution: Market Execution
• NewBar: true
• AutoDigits: true

🔺These settings ensure the EA opens trades correctly according to broker specifications.

2. Risk Management Settings

• BalanceRisk: 0.5
• Lots: 0.1

💡 Tip:

• Use BalanceRisk for automatic lot sizing
• Use Lots for fixed lot trading

3. Take Profit & Stop Loss

• TakeProfit: 300
• StopLoss: 35

🔺These values help balance profit targets and risk protection.

4. Spread & Slippage Control

• MaxSpread: 50
• Slippage: 3

🔺Prevents trading during high spread or unstable market conditions.

5. Anti-Requote Settings

• MaxAttempts: 3
• DelaySeconds: 3

🔺Ensures order retries if the broker returns requotes.

6. Signal Settings

• PriceStep: 10
• Timer: 15
• iPeriod: 14
• TimeFrame: 30 Minutes
• iPrice: Close price

🔺These parameters control how Patriot EA detects trade signals.

7. Break Even Settings

• Breakeven: true
• StartBreakeven_1: 10
• StepBreakeven_1: 2
• StartBreakeven_2: 15
• StepBreakeven_2: 5

🔺Automatically protects trades by moving Stop Loss to profit.

8. Trailing Stop Settings

• Trailing: true
• TrailingStart: 30
• TrailingStop: 25
• TrailingStep: 5

🔺Helps lock in profits as the market moves in your favor.

9. Trading Time Filter

• StartHours: 0
• StartMinutes: 10
• EndHours: 22
• EndMinutes: 50

🔺Limits trading to stable market hours and avoids low-liquidity periods.

10. Visual & Info Settings

• ShowInfo: false
• BuyColor: Red
• SellColor: Blue
• UpColor: LawnGreen
• DnColor: OrangeRed

🔺Purely visual settings, do not affect trading logic.

➡️Best Timeframe & Currency Pairs

• Recommended Timeframe: M30
• Best Pairs: EURUSD, GBPUSD, USDJPY
• Broker Type: ECN / Low spread broker

➡️Final Tips for Best Performance

✔ Use a VPS for 24/7 trading
✔ Avoid high-impact news events
✔ Backtest before using real funds
✔ Start with a demo account

Conclusion

In summary, Patriot EA MT4 delivers a disciplined, intraday trading approach focused on capital protection, controlled risk, and steady account growth. With strict stop-loss, breakeven, and trailing-stop systems on every trade, along with intelligent time and spread filters, it avoids aggressive methods such as martingale or grid while adapting to real market conditions. Designed for long-term stability and prop-firm style trading, Patriot EA MT4 is an excellent choice for traders seeking consistent performance, reduced drawdown, and stress-free automated trading.

>>> Reviewed by Jason Stap <<<