WE HAVE DISABLED THE ADD TO CART BUTTON, BECAUSE THIS EXPERT ADVISOR IS NO LONGER WORKING, PLEASE SEARCH FOR ( TESTED ON 1420 ) IN THE MENU, THOSE ARE THE ONLY EAS CURRENTLY WORKING FOR MT4. ANYWAY WE ARE WORKING TO RECOMPILE AND MAKE THEM WORK AGAIN SOON.
The Patriot EA V1.1 MT4 is a powerful automated Forex trading system that is specifically designed to trade the XAU/USD (Gold) currency pair. This Expert Advisor, or EA, offers traders a combination of price action analysis and technical indicators to identify and execute trades. It has gained popularity for its impressive performance, low drawdown, and consistent profitability, making it a stable choice for traders in the Forex market.
The Patriot EA operates on the principle of trend-following, seeking out market trends and trading accordingly. It employs a short-term scalping strategy to minimize losses and closely monitor each trade. This ensures that each trade is executed with precision, aiming for a minimum profit.
One of the standout features of The Patriot EA is its user-friendliness and customization options. It is compatible with the MetaTrader 4 (MT4) platform, allowing traders to adapt the system to their unique trading styles and preferences. You have the flexibility to set your own stop-loss and take-profit levels, as well as adjust the sensitivity of the technical indicators used by the EA.
What sets The Patriot EA apart is its simplicity and automation. It is suitable for both novice and experienced traders, as it requires minimal manual intervention. The system operates 24/7, executing trades automatically based on predefined rules. This eliminates the influence of emotions in trading decisions and reduces the risk of human error, enhancing the overall trading experience.
However, it’s essential to note that, like any trading system, The Patriot EA is not a guaranteed path to profit. It is subject to market conditions and cannot assure specific returns. Traders should assess their risk tolerance and investment goals before deploying the EA in their trading accounts.
To optimize the performance of The Patriot EA, here are some key considerations:
Timeframe: The EA comes with 8 preset files that can be customized. For the best results, consider using the preset settings on the M1, M5, and M15 timeframes. This approach increases trading volume and allows for quicker trade closures, minimizing swap fees.
Trading Time: The EA operates continuously, providing the flexibility to seize market opportunities at any time, irrespective of your location.
Strategy: The Patriot EA employs an algorithm that follows the prevailing market trend, enabling it to make informed trading decisions in real time. This approach aims to manage loss percentages by aligning trades with the market trend.
Instrument: The Patriot EA exclusively focuses on trading the XAU/USD currency pair, known for its liquidity and potential opportunities. By concentrating on this particular instrument, the EA can optimize its performance for this pair, potentially increasing its positive ratio.
In conclusion, The Patriot EA is a versatile and customizable trading system suitable for traders of all experience levels. It combines price action analysis and technical indicators to identify and execute trades automatically. While it offers many advantages, it is important to remember that trading involves inherent risks, and there are no guarantees of profitability. To evaluate its effectiveness, it is advisable to test The Patriot EA in a demo account for at least a week before considering its use in a live trading account. Familiarize yourself with how the EA operates to make informed decisions in your Forex trading journey.
Brand
EA MT4
Refund
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Install
The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).
This is the easiest type of installation for Expert Advisors.
This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.
Copy the EA folder content from your product to the EA folder of your MT4 installation.
Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.
Responsability
Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.
Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.
Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.
A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.
Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.
admin (store manager) –
Great Bot, recommended