BEARS EA V1.0 MT4 BEARS EA V1.0 MT4 | MT4 EA Download - MetaTrader 4 Resources

introduce

BEARS EA V1.0 MT4 is an automated trading system developed for the MetaTrader 4 platform. It is designed to analyze market conditions and execute trades according to predefined algorithms, focusing on structured and rules-based trading without human intervention.

Main features

• Fully automated trade execution
• Built-in stop loss and take profit system
• Customizable risk and lot size settings
• Compatible with multiple currency pairs
• Continuously monitor the market during trading hours
• Backtesting and optimization support
• Simple integration with MT4 platform

Recommended settings

• Time frame: M15 or H1
• Currency pairs: major currency pairs such as EUR/USD, GBP/USD, USD/JPY and other major currency pairs
• Risk level: 1% to 3% per trade
• batch:
  • Small account: fixed at 0.01
  • Larger accounts: lot size based on balance
• Brokers: Recommended for low spreads and fast execution
• VPS: Recommended for non-stop operation

Backtest results

• Demonstrate stable growth under optimized conditions
• Win rates vary based on setup and market conditions
• Drawdown depends on risk profile
• Perform better in trending markets or moderately volatile markets

advantage

• Automated trading
• Eliminate emotional decision-making
• Ensure consistent execution
• Can be customized for different trading styles
• Suitable for beginners and intermediate traders

shortcoming

• No guarantee of profit
• Performance depends on market conditions
• Requires proper setup and monitoring
• Fund drawdowns may occur under adverse conditions

Installation and Setup Guide

1. Download EA file (.ex4)
2. Open MetaTrader 4
3. Go to File → Open data folder
4. Navigate to MQL4 → Expert
5. Paste the EA file into the Experts folder
6. Restart MT4
7. Drag the EA onto the chart
8. Enable automated trading
9. Adjust input settings (risk, lot size, etc.)
10. Test on a demo account before real use.

Product screenshots