Pegasus Pro EA MT4 v1.2 + SetFiles (Official version)

What is Pegasus Pro EA MT4?

Pegasus Pro is a 100% automated Expert Advisor (EA) built on an advanced High Frequency Trading (HFT) algorithm, designed to scalp diverse market conditions with exceptional precision and speed. This EA focuses on safety by strictly avoiding risky grid and martingale strategies, utilizing very tight Stop Losses on every trade to minimize drawdowns and protect your capital. Optimized for ultra-low latency trading environments, Pegasus Pro excels on ECN brokers with tight spreads and fast VPS setups. It supports multiple major currency pairs including EURUSD, GBPUSD, USDJPY, NZDUSD, and USDCAD, making it a versatile and powerful solution for scalpers seeking consistent, low-risk profits in fast-moving markets.

Vendor website

About the Developer

•  Author: Armin Heshmat.
•  Experience: Over +6 years of experience on MQL5.
•  Notable Products: Golden Bulls GOLD, Bitcoin Machine, Gold Bullion EA and others. 
•  Flagship Product: Pegasus Pro EA MT4 is rated as the best performing product of the year.

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Core Features of Pegasus Pro EA MT4

🔻High-Frequency Trading Algorithm:

• Enables rapid order execution and scalping in all market conditions.

🔻Fully Automated Operation:

• Runs 100% automatically; minimal manual involvement.

🔻Safety-Oriented Strategy:

• No Grid or Martingale strategies to protect capital.
• Ultra-small fixed Stop Loss of 1.3 pips for tight risk control.

🔻Multi-Currency Compatibility:

• Supports trading on EURUSD, GBPUSD, USDJPY, NZDUSD, USDCAD.

🔻Ultra-Low Latency Optimization:

• Designed to work best with ECN brokers and high-speed VPS environments.

Why Choose Pegasus Pro EA MT4?

• Aggressive scalping combined with tight risk management.

• Significant capital protection due to no risky money management.

• Hands-free, fully automated system ideal for busy traders.

• Multi-currency trading provides diversified income streams.

• Best performance on low-latency ECN broker accounts.

Live Trading Results of Pegasus Pro EA MT4

• Initial deposit: $135
• Total Gain: +172% in 1 week
• Total Profit: $232
• Win Rate: 72.14%
• Maximum Drawdown: 6.1%
• Highlight impressive short-term returns with controlled risk.

Pegasus Pro EA Live Results

Pegasus Pro EA MT4 Backtest Results Overview

🟢Pair: EURJPY, Timeframe: M1, Period: Jan 2018 – July 2019

• Initial Deposit: $100
• Net Profit: $2,479,000
• Win Rate: 88.29%
• Max Drawdown: 6.60%

Pegasus Pro EA Backtest Results

🟢Pair: GBPUSD, Timeframe: M1, Period: 7 months

• Initial Deposit: $100
• Net Profit: $2,575,000
• Win Rate: 68.53%
• Max Drawdown: 6.48%
• Backtests prove consistent, high-yield aggressive scalping performance.

Pegasus Pro EA Backtest Resultss

What’s Included in the Download Package?

• Expertse: Pegasus Pro.ex4

• Indicator: CTimer.ex4

• Presets: configuration files for various currency pairs (EURUSD, GBPJPY, USDCAD, etc.)

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How To Set Up EA

🔻The Pegasus Pro EA is a versatile Forex Expert Advisor optimized for conservative risk management and dynamic trade control. Follow this brief guide to install and configure it effectively on MetaTrader 4.

Pegasus Pro EA setting

🟢 Installation Steps

🔻Download Pegasus Pro EA File

• Obtain the .ex4 or .mq4 file from your trusted source.

🔻Install into MetaTrader 4

• Open MT4, go to File > Open Data Folder
• Navigate to MQL4 > Experts folder
• Paste the EA file here and restart MT4.

🔻Attach to a Forex Chart

• Open your preferred Forex pair chart (e.g., EURUSD)
• Drag and drop Pegasus Pro EA from Navigator onto the chart.

🔻Enable AutoTrading

• Click the AutoTrading button on the MT4 toolbar.

🟢 Recommended Key Input Settings

Parameter	Value	Description
Max Slippage	1	Tight slippage for minimal price deviation
Max Spread	10	Restricts trading to low spread environments
Volume	0.01	Fixed lot size for low-risk trades
Risk	0.01	Risk 1% per trade, ensuring conservative approach
StopLoss	13	13 pips stop loss, ideal for short-term strategies
TakeProfit	0	No fixed TP, relies on trailing stops for exits
StartHour	01:30	Trading begins early to capture global market hours
EndHour	23:30	Trading pauses briefly, nearly 24/7 operation
Distance	15	Minimum pip distance between orders to reduce risk
SleepModify	1	Delay in order management to avoid rapid changes
Enable Trailing	true	Protect profits dynamically with trailing stops
Trailing Start	6	Start trailing after 6 pips in profit
Trailing Stop	10	Trail distance set at 10 pips
Trailing Step	5	Update trailing every 5 pips movement
News Filter	true	Avoid trading during volatile news events
News Over Point	55	Volatility threshold for news filter activation
End Trading Delay	10 sec	Resume trading 10 seconds after news ends

Conclusion

In conclusion, Pegasus Pro EA MT4 stands out as a top-tier scalping Expert Advisor for traders seeking speed, accuracy, and security. Built on a sophisticated High-Frequency Trading (HFT) algorithm, this fully automated EA is expertly optimized for low-latency ECN brokers, offering precise trade execution and tight 1.3-pip stop loss for unmatched capital protection.

>>> Reviewed by Jason Stap <<<