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Gecko is an MT4 expert advisor that trades breakouts of recent highs and lows, mainly on EURUSD H1. It places a stop loss on each trade and offers several trailing, break-even and risk-based sizing options.
Priced in US dollars, paid in crypto. The download is in your account as soon as the payment is confirmed. All sales are final; if the tool doesn't work as described, we fix it.
Gecko is an expert advisor for MetaTrader 4 that looks for important recent highs and lows and trades breakouts from those levels. It is designed mainly for EURUSD on the H1 chart and includes a range of exit and risk controls.
The EA watches price for notable recent swing highs and lows. When the market moves beyond one of those levels and its entry conditions are met, it opens a position in the direction of the move. Several entry models are available, along with settings for entry timing and for how strict the entry filters are.
A large part of the design is in trade management. Each position carries a stop loss, and the EA can then adjust it in several ways:
The default inputs are intended for EURUSD on H1. Other major pairs may be tested, but you should check and adjust the inputs for each symbol rather than assume the defaults suit it. Spreads and trading conditions differ between brokers, so confirm behaviour on a demo account first.
The exact default values can differ between releases, so review the input tab after loading the EA. The main groups are:
| Group | What it controls |
|---|---|
| General | Magic number, trade comment and the on-chart information panel |
| Lot size | Fixed ratio to balance or percentage risk per trade |
| Spread | Maximum spread allowed when opening trades |
| Entry | Entry model, timing and strictness of the filters |
| Stop loss and take profit | Fixed distances, with an optional virtual stop loss |
| Trailing and break-even | Start, stop, size and extra pips for each exit method |
| Time-based trailing | Delay in minutes before the stop begins to tighten |
A stop loss does not remove risk. Slippage, gaps, wide spreads and broker execution can all affect results, and a series of losing trades is possible. Choose a lot size you are comfortable with, and consider the lower-risk sizing options when you start.
Trading carries risk, and past or simulated results do not predict future ones. Test the EA on a demo account first and trade only with money you can afford to lose.
For continuous operation, a stable internet connection or a VPS is advisable.
| Product type | Expert advisor (automated trading) |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | Scalping, Signals, Grid, Momentum |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Available |
| Version | 1.2 |
| Last updated | 29 Oct 2026 |
| Download size | 109 KB |
| Trading style | Breakout and momentum, with managed exits |
| Main market | EURUSD; other majors possible with suitable settings |
| Suggested timeframe | H1 |
| Risk controls | Fixed stop loss, spread filter, risk-per-trade sizing |
| Account type | Works on standard MT4 accounts; check your broker's rules |
| Requirements | Algo trading enabled; stable connection or VPS advised |
improved entry model D for new EURJPY and AUDUSD sets
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No. This edition is an MT4 expert advisor and will not load in MetaTrader 5. If you use MT5, you need a version written for that platform.
The EA is designed mainly for EURUSD on the H1 chart, and its default inputs are aimed at that combination. Other pairs may be tried, but you should test them on a demo account first and review the inputs yourself.
Copy the expert file into the MQL4/Experts folder through File, Open Data Folder in MT4. Restart the terminal or refresh the Navigator, drag the EA onto an H1 chart, and make sure algo trading is switched on.
The right amount depends on your broker, account type, lot size and the risk setting you choose. Check your broker's contract specifications and test with small size before committing larger funds.
Yes. The lot size section lets you size positions from the account balance or from a percentage risk per trade. Start with conservative values and confirm the resulting lot size on a demo account.
No result can be promised. Trading carries risk, and past or simulated results do not predict future ones. Test on a demo account and trade only with money you can afford to lose.
Gecko
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