Pound Yen Trader MT4 v1.24 (Official version 1453+)

What is Pound Yen Trader MT4?

Pound Yen Trader MT4 is a high-performance automated trading robot specifically engineered for the GBPJPY currency pair on the M15 timeframe. Built and trained using more than 20 years of historical price data, this EA identifies high-probability trading patterns unique to GBPJPY, delivering precise entries, adaptive trade management, and consistent execution.

Vendor Wedsite

About the Developer

• Author: Mohammadmahdi Sanei.
• Experience: Over +3 years of experience on MQL5.
• Notable Products: Pound Yen Trader MT4, Pound Yen Trader MT5, Quantum Quotient MT5 and other advisors.
• Flagship Product: Pound Yen Trader MT4 is rated as the best performing product of the year.

>> Join our Channel Telegram <<<

Pound Yen Trader MT4 Overview

Main Features of Pound Yen Trader MT4

• Advanced Pattern Recognition: Detects high-efficiency GBPJPY trading patterns using historical and real-time data.
• Dynamic Level Trading System: Automatically adapts entry and exit levels to changing market conditions.
• Proprietary Signal Engine: Generates original trade signals without relying on grid systems.
• M15 Timeframe Optimization: Designed to capture short-term price movements with precision.
• Symbol-Specific Strategy: Exclusively optimized for GBPJPY market behavior.
• Trailing Stop Management: Locks in profits while allowing winning trades to run.
• Professional Execution Logic: Ensures disciplined and consistent trade handling.

Additional Features

• Optional Martingale Support: Enhances recovery potential when enabled with proper risk control.
• Volatility-Aware Trade Management: Adjusts behavior based on market conditions.
• Fast Signal Response: Quickly reacts to emerging intraday opportunities.
• Low-Spread Friendly: Performs best on ECN and Raw spread accounts.
• Hedging Account Compatible: Fully supports hedge trading environments.
• Prop Firm Ready: Suitable for both personal accounts and proprietary trading firms.
• User-Configurable Inputs: Allows customization of risk and trade behavior.

Why Choose Pound Yen Trader MT4?

• GBPJPY Specialist: Built exclusively for one of the most volatile and profitable pairs.
• Data-Driven Strategy: Developed using over two decades of price history.
• Intraday Profit Focus: Optimized for frequent, structured M15 opportunities.
• Independent Signal Logic: Avoids overused grid-based strategies.
• Consistent Execution: Removes emotional decision-making from trading.
• Low Capital Entry: Works with deposits starting from $100.
• Professional-Grade Design: Suitable for both beginners and experienced traders.

Pound Yen Trader MT4 Backtest Results

🔺GBPJPY pair – 4 years 

• Initial Deposit: $10,000
• Total Net Profit: $18.75 million
• Win Rate (% of total): 81.08%
• Maximum Drawdown: 1.06%

Pound Yen Trader EA Backtest Results

What’s Included in the Download Package?

• Experts: Pound Yen Trader EA v1.24_fix.ex4

>>> Join VIP Membership Now <<<

How To Set Up EA

🔺 Pound Yen Trader EA is a fully automated trading robot designed specifically for GBPJPY (Pound Yen), focusing on volatility capture, disciplined risk control, and stable long-term performance. Follow the guide below to configure the EA correctly for optimal results.

setting

Step 1: Install Pound Yen Trader EA on MT4

1. Open MetaTrader 4 (MT4)
2. Click File → Open Data Folder
3. Navigate to MQL4 → Experts
4. Copy Pound Yen Trader EA (.ex4 / .mq4) into the Experts folder
5. Restart MT4 or refresh the Navigator panel

Step 2: Attach the EA to the Correct Chart

• Currency Pair: GBPJPY
• Recommended Timeframe: H1 (1 Hour)
• Enable:
  • ✔ AutoTrading
  • ✔ Allow Live Trading
  • ✔ Allow DLL Imports

Step 3: Core Trading Settings (Recommended)

🔹 General Parameters

• Pairs: GBPJPY
• Magic Number: Default (unique per chart)
• Comment: Optional (for trade identification)

Step 4: Risk & Lot Management Configuration

🔹 Lot Calculation Method

• Method: Risk based on balance percentage
• Risk %: 2.0 (safe default for most accounts)
• Fixed Lot: 0.3 (used only if fixed lot mode is selected)

➡️Tip: Use risk-based lot sizing for better drawdown control and account scaling.

Step 5: Trade Control & Protection

• Maximum Open Trades: 28
• Max Spread Before Entry: 200
• Allow Hedging: True
• Daily Maximum Loss: 100 USD
• Daily Losing Trades Limit: 5

➡️These parameters help protect the account during high volatility and unfavorable market conditions.

Step 6: News Filter Settings

(Default: Disabled)

• High Impact News Filter: False
• Medium Impact News Filter: False
• Low Impact News Filter: False

➡️Advanced users may enable news filters to reduce exposure during major GBP or JPY economic releases.

Step 7: Drawdown & Safety Controls

• Maximum Drawdown Allowed: 70%
• Close Orders at High Drawdown: False

➡️This setup allows the EA to recover naturally while still maintaining an upper safety limit.

Step 8: Trailing Stop Configuration

• Enable Trailing Stop: False (can be enabled later)
• Trailing Method: Pips-based
• Trailing Start: 8 pips
• Trailing Distance: 8 pips
• ATR Period: 42
• ATR Timeframe: H1
• ATR Multiplier: 1.2

➡️Trailing stop is optional but useful for locking profits during strong GBPJPY trends.

Step 9: Martingale Settings (Disabled by Default)

• Enable Martingale: False (recommended for safety)

➡️If enabled by advanced users:

• Distance Method: ATR-based
• Fixed Distance: 250
• ATR Period: 10
• ATR Multiplier: 2.0
• Target Profit (USD): 50
• Target Profit (% Balance): 0.5

➡️Martingale increases risk and should only be used with sufficient capital.

Conclusion

In summary, the Pound Yen Trader EA MT4 is a professional and specialized automated trading system built specifically for the GBPJPY (British Pound – Japanese Yen) pair, one of the most volatile and opportunity-rich instruments in the Forex market. Utilizing over 20 years of historical price data, advanced pattern recognition capabilities, and proprietary signal tools, this EA provides accurate entry points on the M15 intraday trading timeframe with disciplined and consistent execution. Supported by superior long-term reverse test results, extremely low drop levels, and a strategy focused solely on GBPJPY, this EA stands out as a high-performance, data-driven solution for stable and scalable automated trading.

>>> Reviewed by Jason Stap <<<