Trading Robots for MetaTrader 4

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MetaTrader 4

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Pacman Ea Pro

pacman-ea-pro-logo-200x200-4448
1 991 $1 493 $

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Information

Experts
MetaTrader 4
Felipe Jose Costa Pereira
1.0
15

Overview

Supported Currency Pairs

  • AUDCAD
  • AUDNZD
  • NZDCAD

Features

  1. One Chart Setup: Attach the EA to one M15 chart, preferably AUDCAD.
  2. Multi-Currency Support: Trades across multiple pairs without requiring separate charts.
  3. Robust Performance: Demonstrates reliable results in both backtests and live trading.
  4. Simple Configuration: Internal settings eliminate the need for external .set files.
  5. News Filter: Requires access to specific external resources for news filtering and time synchronization.

Installation Instructions

  1. Attach the EA to a single M15 chart (AUDCAD recommended).
  2. If your broker uses suffixes (e.g., AUDCAD.a ), update the Symbol parameter accordingly.
  3. Ensure the recommended pairs are used. No .set files are required as the settings are pre-configured.
  4. Enable access to the EA’s required news list and time server for filtering and time detection.

Requirements

  • Broker: The EA is not sensitive to spread/slippage, but an ECN broker is recommended.
  • VPS Hosting: Run continuously on a VPS for optimal performance.
  • Leverage & Balance:
    • For 1:100 leverage, low-risk settings are advised for accounts under $1000.
    • For 1:1000 leverage, significant risk settings can be used with accounts as low as $100.

Risk Management

  • Lot-Sizing Options:
    • Fixed Lots: Trades with a fixed size defined in Fixed Lot .
    • Dynamic Lots: Adjusts lot size based on balance or equity per 0.01 lot.
    • Deposit Load %: Determines lots based on the percentage of deposit risked.
    • Predefined Presets: Automatically calculates risk.
  • Maximum Lot: Sets an upper limit for lot sizes.
  • Maximum Spread/Slippage: Ensures trades are placed within defined limits.
  • Drawdown Control: Closes all trades if floating drawdown exceeds a specified percentage.

Strategy Configuration

  • Bollinger Bands & RSI:
    • Bollinger Bands Period: Determines entry points using price levels.
    • RSI Period & Max Value: Filters trades to avoid low-potential setups.
  • TakeProfit & StopLoss:
    • Separate settings for initial trades and grids.
    • Weighted TP adjusts profit targets dynamically.
  • Grid Trades:
    • Adjusts trade distance automatically based on volatility.
    • Multiplies lot size for subsequent trades in the grid.
    • Configurable trade count and multipliers for scaling.

Additional Parameters

  • Trade Comment: Customizable comment for each trade.
  • UID: A unique identifier for each EA instance.
  • Info Panel: Displays trade statistics and EA status.

Recommendations for Use

  1. Use the recommended pairs (AUDCAD, AUDNZD, NZDCAD) for the best results.
  2. Follow the leverage and account size guidelines to minimize margin issues.
  3. Ensure uninterrupted operation on a VPS.
  4. Keep the EA updated and adhere to market conditions by using the news filter.



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