Introducing Victory EA MT4, a trading expert created in early 2020 that demonstrated exceptional efficiency in both demo and live trading throughout the entire year. Inspired by its success, I have chosen to share this powerful EA with the MQL5.com community.

Recognizing the reliability of slower timeframes in trading, Victory EA MT4 strategically utilizes the H4 timeframe and focuses on the XAUUSD (Gold) currency pair. The methodology of this EA is rooted in the trend-following principle, steering clear of risky Martingale or grid methods. Notably, Victory EA MT4 incorporates a stop loss of 11.62 and a take profit of 32.61.

Enclosed within the “Product pic” are the backtesting results (2010-2021) boasting a remarkable 99.9% modeling quality. Backtesting, conducted in the Tick Data Suite, utilized an initial deposit of 10K and a recommended 2% risk per trade. It’s essential to note that results from 2020 and 2021 are entirely out of sample, as the EA was crafted without data from the 2020 year.

Key Input Parameters:

• Risk per trade
• Magic number
• Currency pair: XAUUSD (Gold)
• Timeframe: H4

Effective Money Management:

A recommended 2% risk per trade is suggested; however, the flexibility to adjust according to your risk tolerance is available. Explore the backtesting results with a 2% risk per trade on the “Product pic.” The historical yearly average return is an impressive 63.5% for a risk per trade of 5% during the backtesting period of 2010-2021.