What is Oracle EA MT4?
Oracle EA MT4 stands as a sophisticated automated trading system that harnesses advanced grid-based algorithms and comprehensive risk management protocols, specifically developed to identify and exploit market opportunities across multiple currency pairs within the MetaTrader 4 platform. This EA demonstrated exceptional capability by successfully completing a $200,000 FTMO challenge, achieving an impressive 67.28% win rate and 2.48 profit factor over 657 executed trades. The system operates exclusively on M1 timeframes utilizing precise pip-step calculations and intelligent trade basket management strategies.
Key Takeaway
• Grid-Based Trading System: Employs systematic position layering with 200-pip intervals between trades, maximum 9 positions per direction, targeting 100-point collective basket profits through calculated market exposure management
• Sophisticated Algorithm: Integrates technical and fundamental analysis for precise entry timing, followed by automated grid placement using fixed 0.01 lot sizing and independent buy/sell direction controls
• Asset Specialization: Specifically calibrated for GOLD (XAUUSD), EURUSD, AUDUSD, GBPUSD, USDJPY, and AUDCAD trading on M1 timeframes with low-latency execution requirements
• Risk Management Framework: Incorporates maximum trade limitations, directional trading toggles, and systematic take-profit mechanisms – notably operates without explicit stop-loss parameters on individual positions
• Performance Verification: FTMO challenge documentation demonstrates $20,000 profit generation over 29 days with 67.28% win rate, 2.48 profit factor, and 1.20 average risk-reward ratio
• Strategic Limitations: Grid methodology creates vulnerability to sustained trending markets, requiring substantial capital reserves ($2,000+) and continuous monitoring during high-impact market events
Recommendations for Oracle EA MT4
• Trading Platform: MetaTrader 4 (MT4) – Exclusive platform compatibility requiring stable connectivity and optimal execution speed
• Currency Pairs: GOLD, EURUSD, AUDUSD, GBPUSD, USDJPY, AUDCAD – Avoid highly volatile exotic pairs due to spread sensitivity in grid operations
• Account Type: ECN or Standard accounts with competitive spreads – Grid strategies demand minimal transaction costs for sustained profitability
• Timeframe: M1 (1-minute) – Exclusively optimized for this timeframe; alternative timeframes not supported or recommended
• Trading Sessions: 24/5 continuous operation – Grid systems require constant market presence for optimal performance and recovery
• Leverage: 1:100 to 1:500 recommended – Higher leverage increases both profit potential and loss exposure; understand margin implications before adjustment
• Minimum Deposit: $2,000 minimum required – Significantly higher balance strongly recommended for grid strategy drawdown management and margin safety
Quick-Start Parameter Guide
Risk Management
• MaxTrades (9): Defines maximum simultaneous positions per direction – Reducing increases safety but may limit profit recovery potential
• Allowedbuy/Allowedsell (true/false): Enables directional trading control – Consider market bias when restricting trading directions
Trade Execution
• Lots (0.01): Sets initial position size – Conservative starting point; increases amplify both profits and associated risks
• PipStep (200.0): Determines distance between grid levels – Wider spacing reduces trade frequency but may miss recovery opportunities
Profit Management
• TakeProfit (100.0): Establishes profit target in points – Lower values increase win frequency but reduce individual trade returns
Critical Warning: No visible stop-loss parameter – Requires manual account monitoring and potential intervention during adverse market conditions.
Oracle EA MT4 Review
Oracle EA MT4 presents compelling performance through verified FTMO results with 67.28% win rate and 2.48 profit factor, though grid methodology introduces significant drawdown exposure requiring substantial capital management and vigilant oversight throughout operation.
FTMO Challenge Results: $20,000 profit achievement over 29-day period with 657 trades, demonstrating 67.28% win rate and 2.48 profit factor – grid strategy inherently carries elevated drawdown risk during sustained market trends.
Backtest Performance: AUDCAD testing reveals consistent equity progression from December 27-28, 2023, with systematic trade execution – limited 2-day timeframe may not encompass diverse market conditions.
Live Trading Metrics: Daily execution ranges from 15-130 trades with variable lot sizes, indicating active market engagement – high-frequency operation demands reliable broker infrastructure and stable connectivity.
Why Choose Oracle EA MT4
• Proven FTMO Achievement: Verified $200,000 FTMO challenge completion with transparent performance metrics – past results don’t guarantee future performance across varying market environments
• Systematic Grid Control: Controlled maximum trade exposure with configurable pip-step intervals prevents unlimited position accumulation – strong trending markets can still generate substantial drawdowns before recovery
• Multi-Asset Optimization: Optimized for major currency pairs and gold trading with M1 precision – requires dedicated VPS infrastructure and low-latency broker partnership
• Transparent Parameters: Clear maximum trade limits and profit targets with user-configurable options – absence of explicit stop-loss necessitates manual account supervision
• High-Frequency Approach: Intensive trade execution captures multiple daily market opportunities – demands adequate capital buffer and comprehensive grid strategy understanding
Conclusion
Oracle EA MT4 delivers a systematic grid-based methodology with documented FTMO achievement and solid win rates, but demands substantial capital ($2,000+) and active supervision due to inherent grid strategy drawdown characteristics. Best suited for experienced traders with high risk tolerance and adequate capital reserves; novice traders should proceed with extreme caution given the absence of explicit stop-loss protections.
Ready to Use Oracle EA MT4?
- Telegram Support: https://t.me/+E2r7ipeuS6BjNzFl
- Email Contact: [email protected]
- Website: eafxway.com
Oracle EA MT4 Download Packages:
- Link download experts:
- Oracle EA MT4.ex4
- Presets
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