Victory EA MT4

Victory EA MT4 was created in early 2020 and it has proved its efficiency in demo and real trading throughout 2020 year. That’s why I’ve decided to share this EA with MQL5.com community.

I suppose that slower timeframes are more reliable for trading. So Victory EA MT4 uses H4 timeframe and XAUUSD (Gold) currency pair. Methodology of this EA is based on trend following principle. Martingale or grid methods are not used in this EA. Victory EA MT4 has stop loss = 11.62 and take profit = 32.61

Please, find enclosed on “Screenshots” tab backtesting results (2010-2021) with 99,9% modelling quality (Initial Deposit = 10K, Risk per trade = 2%, backtesting was done in Tick Data Suite). Results in 2020 and 2021 year are completely out of sample, because the EA was created without data for 2020 year.

Input parameters:

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

Money management:

2% risk per trade is recommended. But you can adjust risk per trade according to your risk tolerance. There are backtesting results with risk per trade = 2% on “Screenshots” tab. Historical Yearly average return = 63,5% for risk per trade = 5% (2010-2021 backtesting period).

Price curve:

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Victory EA MT4

Victory EA MT4

Money management:

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