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PAC man is an MT4 expert advisor that opens trades on three currency pairs chosen by correlation, using PAC indicator strength levels. It includes a history simulation, break-even, virtual stops and a news filter.
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PAC man is an expert advisor for MetaTrader 4 that trades three currency pairs together. The pairs are selected by how they correlate with a main pair, and entries are based on the strength reading of the PAC indicator.
You set a main pair, a first pair that has a negative correlation with it, and a second pair that has a neutral correlation. The expert reads the PAC strength value and compares it with levels that you define. When the reading crosses the sell or buy level, it opens trades on all three pairs. Separate closing levels determine when the group of buys or sells is closed.
After the pairs are set, the expert draws a simulation of earlier trades on the chart, using dashed lines with arrows and the resulting figures. You can change the signal levels interactively and see how the simulation changes. You can also move the vertical boundary lines to view a forward-test section that was not used when choosing levels. This helps to check whether a level set holds up outside the period it was fitted to, but a simulation is not a forecast.
The expert is designed for forex pairs. The trading timeframe and the averaging period for PAC are manual inputs. Because it works on several symbols simultaneously, the MT4 strategy tester gives a limited picture. A demo account is a more realistic way to observe it.
The inputs are split into groups. Exact defaults depend on the version you receive, so read them in the input window.
| Group | What it controls |
|---|---|
| PAC settings | Main, first and second pair; buy and sell levels; closing levels; history plotting; forward test start and length; timeframe; averaging period |
| Trading parameters | Maximum spread; take profit and stop loss (a negative value makes them virtual); magic number; trailing stop and step; break-even; days with no trading |
| Lot sizing | Constant volume or a percentage of free margin |
| News filter | Minutes to close and pause before news; minutes to wait after news; server time offset; impact levels; extra currencies to watch |
Trading carries risk and you can lose money. Past results, including any history simulation, do not predict future ones. Test on a demo account first and only risk an amount you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | Signals |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (multi-currency) |
| Markets | Forex pairs: one main pair and two related pairs |
| Timeframes | Set manually in the inputs |
| Trade style | Correlation-based signals across three pairs |
| Lot sizing | Constant lot or percentage of free margin |
| Risk tools | Break-even, trailing stop, spread limit, news filter |
| Requirements | Charts and history for all three pairs; check news access settings |
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The tester in MT4 is poorly suited to an expert that works on several symbols at once, so its results would not reflect how the expert behaves. Use the built-in history simulation on the chart and then run it on a demo account before using real money.
This version is built for MetaTrader 4 only. It will not load in MT5. Check that your terminal is MT4 before you buy.
Enter a main pair, a pair with negative correlation to it and a pair with neutral correlation. The companion PAC indicator is designed to help with this selection. Check the correlation on your own broker's data before you decide.
Review the pair names as your broker writes them, the buy and sell levels, the timeframe, the averaging period, the lot size method, the spread limit and the news filter. Suitable values depend on your broker and account, so test them on a demo account.
It can run with brokers that offer all three symbols on MT4. Symbol names may carry suffixes, so type them exactly as they appear in Market Watch. Spreads, execution and stop level rules differ between brokers and can change results.
The filter reads a public economic calendar and uses a time offset between your broker server and the calendar. You may need to allow web requests in the terminal options, and you should confirm the offset for your broker.
PAC man
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