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Stable Gold EA MT5 + Setfiles (No grid/No Martingle) Original price was: $899.00.Current price is: $399.00.
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Panda Hedging EA MT4 v1.85 with Setfiles Original price was: $499.00.Current price is: $39.00.

Gecko EA MT4 V1.2 + Setfiles

SKU: Gecko-EA-MT4

Gecko EA demonstrates 58-320% over 8 years via safe breakout trading with no grid or martingale – proven on EURUSD/GBPUSD/USDJPY/AUDUSD

Original price was: $249.00.Current price is: $39.00.

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Description

Table of Contents

    Gecko EA – Safe Breakout Trading Without Grid or Martingale Risk

    Gecko EA is an automated breakout trading system for MT4/MT5 that trades EURUSD, GBPUSD, USDJPY, and AUDUSD on H1 timeframe using strict stop losses on every position.

    Historical backtests spanning 2012-2020 with 99.90% modeling quality demonstrate 58-320% total returns with maximum drawdown below 2.65% using conservative fixed lot sizing, validating the strategy’s consistent risk control across 8+ years and multiple market cycles.

    Developed by Wim Schryvers of Profalgo Limited, an active MT4/MT5 developer since 2020 with consistently praised responsive support across multiple expert advisor releases.


    Key Highlights

    • Pure breakout methodology: Identifies significant highs/lows and trades momentum breaks with no position averaging, grid building, or lot multiplication at any point during trade lifecycle
    • Performance validation: 58-320% total returns across 2012-2020 period with 99.90% tick modeling quality backtests, plus independent 2-month live demo achieving 4.9% return with 74.3% win rate
    • 4-layer exit system: Sophisticated trade management combining fixed take profit, dynamic high/low trailing, time-based exposure limits, and configurable break-even triggers working simultaneously
    • 3-tier risk control: User selects from Conservative (0.01 fixed lots/$100), Moderate (auto-scaling by balance), or Aggressive (higher multipliers) presets—each with mandatory stop loss at safe distance from entry
    • Multi-pair automation: OneChartSetup feature enables simultaneous EURUSD, GBPUSD, USDJPY, and AUDUSD trading from single chart with preset files optimized per instrument

    Performance Results

    MetricValue
    Starting Capital$10,000.00
    Ending Balance$15,825.52
    Total Return58.26%
    Trading Period2012-2020 (8 years)
    Modeling Quality99.90%
    Max Drawdown2.65% ($288.25)
    Profit Factor1.62
    Win Rate81.98%
    Gecko EA 2012-2020 backtest results showing 58.26% return with 2.65% max drawdown and 81.98% win rate using fixed 0.01 lots
    2012-2020 backtest – 99.90% quality, fixed 0.01 lots
    Gecko EA 2016-2020 medium risk backtest showing 1516% return with 12.18% max drawdown starting from $1000 capital
    2016-2020 – $1,000 capital, 99.90% quality, medium risk
    Gecko EA 2016-2020 aggressive backtest showing 24730% return with 56.70% max drawdown starting from $500 capital
    2016-2020 – $500 capital, 99.90% quality, aggressive risk

    The 56.70% drawdown in the aggressive backtest results from intentionally stress-testing maximum capacity with $500 starting capital and highest lot multipliers. This represents extreme parameter configuration—not typical usage.

    Control drawdown by starting with $1,000-2,000 capital minimum, using Conservative preset (0.01 fixed lots), or Moderate preset with 1:100 LotPerBalance ratio. The 2012-2020 conservative test validates sub-3% maximum drawdown is achievable. Expect 12-18% typical drawdown with Moderate settings and 4-6 week recovery periods during ranging markets when breakout frequency declines.

    Gecko EA USDJPY 2012-2020 backtest showing 31.99% return with 2.01% max drawdown
    USDJPY 2012-2020 – 99.90% quality, 2.01% max DD

    Backtest simulations differ from live trading conditions due to slippage and spread variation. Demo validation recommended 60+ days before live deployment.


    How It Works

    Strategy: Breakout trading system identifies recent significant highs/lows across EURUSD, GBPUSD, USDJPY, AUDUSD on H1 charts and enters when price breaks key levels with momentum confirmation

    Entry Logic: Places pending orders at calculated distances from identified support/resistance levels with 12-hour expiration, 80-pip retrace tolerance from extremes, and maximum 3.0-pip spread filter

    Exit Management: Combines 90-pip fixed take profit with 50-pip trailing stop (activates at 5-pip profit, stops at 100-pip gain), plus time-based exposure limits and break-even trigger at 10-pip profit

    Risk Control: Mandatory stop loss on every trade at safe distance from entry, configurable lot sizing via StartLots (fixed) or LotPerBalance method (auto-scaling), maximum 99.0 lot hard cap prevents overexposure

    ✅ Best conditions: Trending markets • Post-consolidation breakouts • Major news volatility • London/NY session overlap

    ⚠️ Caution during: Extended ranging periods • Low volatility environments • Major holiday sessions

    Gecko EA parameter settings showing lot sizing options, trailing stop configuration, and breakout entry management controls
    Default parameters – adjustable for conservative/aggressive profiles

    Technical Specifications

    SpecificationRequirement
    PlatformMT4 (primary) / MT5 version available
    Currency PairsEURUSD, GBPUSD, USDJPY, AUDUSD (pre-optimized)
    TimeframeH1 (1-hour) mandatory
    Minimum Deposit$100 (tested minimum, high risk)
    Recommended Deposit$1,000-2,000 (safe operation with sub-15% DD)
    Leverage1:30 minimum, 1:100-1:500 optimal
    Broker TypeECN/NDD/STP with market execution, max 3.0 pip spread
    VPSRecommended for H1 consistency and pending order management

    This EA supports MT4 and MT5. Need platform alternatives? Compare other forex EAs


    Who Should Use This EA

    ✅ Ideal for:

    • Risk-averse traders with $1,000+ capital seeking automated breakout trading without grid/martingale exposure
    • Intermediate forex traders familiar with support/resistance concepts who want set-and-forget H1 automation
    • Breakout strategy believers comfortable with 2.5 trades/day average frequency and willing to endure 4-6 week ranging periods

    ✅ Best results when:

    • Starting with Conservative preset (0.01 fixed lots) or Moderate preset with 1:100 LotPerBalance ratio on $1,500+ accounts
    • Running on VPS with ECN broker offering sub-2.0 pip spreads and fast market execution during London/NY sessions

    Download Package Includes

    • ✅ Gecko EA file (.ex4 for MT4, .ex5 for MT5)
    • ✅ Preset setfiles:
      • audusd.set
      • eurusd.set
      • gbpusd.set
      • usdjpyA.set
      • usdjpyB.set
    • ✅ Installation guide with OneChartSetup configuration instructions

    Product download link sent immediately via email after purchase


    Frequently Asked Questions

    Gecko EA user reviews on MQL5 showing positive feedback on support quality and performance
    MQL5 user reviews (2020) – support and performance feedback

    >>> Curated/Reviewed by Steven Cohen (Founder).

    ⚠️Risk Disclaimer:

    Forex trading and EAs carry high risk of loss. Only invest what you can afford to lose. Past performance does not guarantee future results. 70-90% of retail traders lose money.

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