Private Wealth EA MT4 V2.0 (Official version 1441+)

What is Private Wealth EA MT4?

Private Wealth EA is a powerful automated trading Expert Advisor built for the MetaTrader 4 (MT4) platform. Designed to execute trades based on pre-programmed strategies, this EA helps traders streamline their operations, reduce manual effort, and maximize profitability in the dynamic forex market.
Ideal for both novice and experienced traders, Private Wealth EA offers a smart solution for achieving consistent performance and trading efficiency.

Key Features of Private Wealth EA

➤ Defined Trading Strategy:

• Built-in strategies such as scalping, trend-following, or martingale tailored for specific conditions.

➤ Integrated Risk Management:

• Features like stop-loss, lot size control, and drawdown protection to safeguard capital.

➤ Customizable Settings:

• Traders can adjust parameters to suit personal risk tolerance and trading style.

➤ Multi-Pair and Multi-Timeframe Support:

• Compatible with various forex pairs and timeframes, offering flexibility.

➤ Easy Installation & User-Friendly Interface:

• Quick setup for beginners and advanced users, ready for immediate deployment.

Why choose Private Wealth EA MT4?

➤ Automated Trading:

• Operates continuously during Forex market hours with no manual intervention.

➤ Emotion-Free Execution:

• Eliminates emotional trading decisions by following pre-set strategies strictly.

➤ Backtesting Functionality:

• Enables performance testing on historical data for strategy refinement.

➤ Precision Trade Execution:

• Executes trades accurately and efficiently across market conditions.

➤ Adaptable to Different Brokers:

• Works with major MT4 brokers and supports various account types.

Private Wealth EA MT4 Performance Review

➤ Community reviews and user feedback:

• Look for diverse sources such as forex trading forums, expert blog reviews, and real user testimonials.
• Positive reviews often emphasize profitability, ease of use, and reliable performance.

Private Wealth EA Overview

How To Set Up EA

➤ Private Wealth EA V2.0 NEWS is a powerful fundamental news trading EA for MT4, built to capitalize on price spikes during high-impact economic events. It blends risk management, time filters, and support/resistance logic to execute trades with precision.

Private Wealth EA MT4 setting

🔴 Key EA Settings (Simplified for Traders)

➫ Risk Management

• LOT_SIZE: 0.01
  Micro lot for low-risk trading; ideal for small accounts.
• STOP_LOSS: 10.0 pips
  Tight SL to limit losses during volatile news reactions.
• TAKE_PROFIT: 30.0 pips
  A 3:1 reward-to-risk ratio—targets post-news momentum.

➫ News Timing Configuration

• NEWS_time: e.g., 23:01:00.30
  Set to the exact release time of the news event.
• NEWS_Hour/Min/Sec: Set manually
  Must be configured before each news event for precision entry.

➫ Trade & Order Management

• Trail_profit: 30.0
  Enables trailing stop once 30 pips in profit—locks in gains.
• MaxOpenTrades: 5
  Caps total open trades to reduce risk.
• MaxPendingOrders: 10
  Perfect for grid or straddle setups during news.
• MultipleTrades: true
  Allows opening multiple positions—ideal for volatility surges.
• PendingOrderExpirationMin: 10
  Cancels stale pending orders—keeps trading clean.

➫ Support & Resistance Logic

• OFFSET / OFFSET_TRADE2: 5
  Places orders 5 pips from support/resistance zones.
• Resistance_Color: Red | Support_Color: Blue
  Visual tools only; help with chart clarity, not strategy.

Conclusion

In summary, Private Wealth EA exemplifies the strength of automated trading in the forex market, offering a blend of advanced features, dynamic risk management, and consistent profitability. Designed to support both experienced traders and beginners, this MT4 Expert Advisor enhances trading efficiency with precision, adaptability, and smart strategy execution.

>>> Reviewed by Jason Stap <<<