Prado EA MT4 V8.2 + Setfiles

Prado EA MT4 – USDJPY H1 Pending-Order EA with Live Signal History

Prado EA is a USDJPY-only, H1 pending-order MetaTrader 4 Expert Advisor developed by Tatyana Kulyapina and listed on the MQL5 Market since February 2020, currently at version 9.1. A public MQL5 Signal linked to the official product page shows 81.76% growth across 1,551 trades over 117 weeks on a live ICMarkets account — with a 61.34% balance drawdown and explicit MQL5 risk warnings attached. This is an EA with documented live trading history and a real drawdown problem. Both facts matter before you commit capital.

Key Highlights

• ✅ Official MQL5 Market EA by Tatyana Kulyapina — version 9.1 active as of November 2025
• ✅ Trades USDJPY only on H1 using four selectable pending-order strategies with SL and TP set at entry
• ✅ No grids, no averaging, no increasing order volume per official MQL5 documentation
• ✅ SpreadMax filter (30 points) blocks order placement during high-spread conditions
• ✅ Version note: reseller packages circulate v8.2 — confirm your version before live deployment

Performance Results

The primary public proof is the MQL5 Signal Prado USDJPY (ICMarketsSC-Live32), running since February 2024. Over 117 weeks and 1,551 trades, it shows 81.76% total growth, a profit factor of 1.01, and a 61.34% balance drawdown. A profit factor of 1.01 means gross profit only marginally exceeds gross loss — leaving almost no buffer against spread widening, slippage, or an extended losing streak. MQL5 has placed explicit risk and activity warnings on the account and notes that 80% of total growth was achieved within two days, meaning the equity curve is not smooth.

View the Prado USDJPY live signal on MQL5

A separate Myfxbook page for a Prado account shows +3.75% gain, 27.67% drawdown, and a profit factor of 1.06 across 105 trades, last updated March 2023. That data is stale and is not a reliable current performance reference.

The 61.34% balance drawdown defines the risk profile of this EA. Run it only on capital you can withstand drawing down by more than half. Use the documented 0.75% risk-per-strategy setting (3% total across four strategies) as your starting reference. Keep raw spreads at 0–3 pips through an ECN account. Do not deploy on live capital until you have run a demo account for a minimum of 90 days under current market conditions.

⚠️ Historical live signal results do not guarantee future performance. The active signal carries explicit MQL5 risk and activity warnings. Demo validation for 90+ days is strongly recommended before live deployment.

How It Works

Strategy: Intraday trend-level EA trading USDJPY only on H1. Uses four selectable pending-order strategies based on prior-day price levels. All four strategies can run simultaneously at 0.75% risk each (3% total), targeting breakout moves from established daily price structure.

Entry: Pending orders placed at calculated offsets from prior daily bars. SL and TP are set immediately at order placement — no open-ended exposure. Trading runs from 22:00 to 17:59 broker time.

Exit: Primary exit via pre-set TP. Secondary exit through a multifunctional trailing stop with boom-move detection. Hard close-all at 19:00 broker time regardless of position state.

Risk Control: Per-strategy risk set at 0.75%; four strategies run in parallel for 3% total account risk per cycle. SpreadMax filter set at 30 points — orders will not open above this spread. Specific weeks are excluded by default (weeks 8, 30, 36, 39 flagged as “do not recommend” in v8.2 settings).

✅ Best conditions: Raw-spread ECN account with USDJPY spread 0–3 pips • Stable VPS connection • Broker time UTC+0 or correctly configured GMT offset.

⚠️ Caution: Market-maker accounts with variable spreads above 3 pips • Weeks flagged “do not recommend” in the settings file • Deploying without a confirmed broker GMT offset configuration.

Technical Specifications

Who Should Use This EA

✅ Ideal for:

• Experienced MT4 forex EA traders who can tolerate drawdown exceeding 40% and want a documented live-trading product rather than a backtest-only EA
• Traders with $500 or more in available capital who focus specifically on USDJPY and want a multi-strategy pending-order approach
• Buyers who want access to official MQL5 Market product history and public live signal monitoring

✅ Best results when:

• Running on a raw-spread ECN account with USDJPY spread consistently at 0–3 pips
• Demo-tested for a minimum of 90 days before committing live capital
• Broker GMT offset is correctly configured in the EA settings before first use

This EA is not suitable for traders seeking a low-drawdown or smooth equity curve, or for anyone whose account cannot absorb a 60%+ balance drawdown without a margin call.

Download Package Included

• ✅ Experts:
  • Prado EA v8.2_fix.ex4 (MT4)
• ✅ Presets:
  • USDJPY 100$ H4_DD30%.set

Product download link is sent immediately via email after purchase.