Hermes EA V1.4 MT4 (Works on Build 1428+) | Forex Robot | MT4 Expert Advisor Hermes EA V1.4 MT4 offers a reliable automated trading solution for the EURUSD pair, tailored to work on the MT4 platform. With a minimum deposit requirement of only $100, it combines precision and efficiency to capture profitable trades in various market conditions. The EA employs a strategy that prioritizes careful entry points, adaptive lot sizing, and dynamic stop-loss settings, helping traders maximize gains while managing risk. Its design makes it suitable for both novice and seasoned traders, ensuring consistent results through effective market analysis and execution.IntroductionHermes EA V1.4 MT4 is an expert advisor (EA) designed for the MT4 platform, optimized to help traders make smart, automated trading decisions. This EA is specifically designed to cater to both new and seasoned traders, providing advanced algorithms for enhanced profit potential. In this post, we’ll delve into the key features, strategies, and setup recommendations for the Hermes EA.Key Features of Hermes EA V1.4 MT4 Platform: MT4 Recommended Minimum Deposit: $500 (recommended $1,000 for enhanced stability) Supported Time Frames: M15, H1 Compatible Currency Pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD Trading Strategy: Adaptive trend following with risk management mechanisms Overview of the Hermes EA StrategyThe Hermes EA V1.4 primarily employs an adaptive trend-following strategy, using algorithms to recognize market trends and open trades accordingly. Its sophisticated risk management adjusts position sizing based on market conditions, which is designed to keep drawdowns manageable. The EA also features a built-in stop-loss and take-profit system to secure profits and reduce risks.Key Benefits of Hermes EA V1.4 Automated and Efficient: Execute trades 24/7, removing emotional decision-making from trading. Flexible for Various Time Frames: Works efficiently on both M15 and H1, allowing traders to adjust to their preferred trading pace. Stable and Reliable: Designed to avoid high drawdowns while maximizing returns. Risk Management: Features adjustable settings to balance profit potential and risk tolerance. Optimized for High-Volume Pairs: Performs well with currency pairs that offer high liquidity and low spreads. Setting Up Hermes EA V1.4 MT4 Download and Install: Ensure you have the MT4 platform installed. Download Hermes EA V1.4 and transfer the .ex4 file into the MT4 Experts folder. Restart MT4, and you should see Hermes EA listed under the ‘Navigator’ panel. Attach to Chart: Choose the preferred chart and time frame (M15 or H1). Attach Hermes EA to the chart and enable automated trading. Adjust Settings: Lot Size: Start with a conservative lot size (0.01 for every $1,000). Risk Management: Set your risk tolerance level, from conservative (1-2%) to aggressive (5%). Trailing Stop: Activate to lock in profits as the market moves in your favor. Run a Backtest:Before live trading, run a backtest on historical data to ensure settings align with your risk and profit expectations. Strategy Explanation: Adaptive Trend FollowingHermes EA uses an adaptive trend-following strategy that identifies strong market trends. The EA detects trends based on price movement, volume, and momentum indicators, using these to determine ideal entry and exit points. This system adapts to changes in volatility, helping to secure profits and mitigate losses.Risk Management: Keeping Drawdowns LowA critical component of Hermes EA is its risk management feature. Hermes EA V1.4 is programmed to keep drawdowns low by adjusting the position size according to volatility. This adaptability is particularly useful in unpredictable markets and allows for steady account growth over time. Users can adjust the risk tolerance in the settings, giving them control over the level of aggression in trading.Advantages of Using Hermes EA V1.4 MT4 Reduced Emotional Influence: Automated trading ensures that decisions are based purely on logic and strategy, eliminating impulsive, emotion-driven trades. Consistent Performance: Hermes EA’s backtested performance highlights its consistency in various market conditions. Scalability: Whether trading on a smaller account or scaling up to a larger balance, Hermes EA is flexible to adjust position sizes accordingly. Time Efficiency: The EA runs 24/7, even when the trader is not monitoring the markets, allowing traders to focus on other activities. Suitable Currency Pairs for Hermes EAHermes EA V1.4 performs best with highly liquid currency pairs, as these pairs generally exhibit stable trends and lower spreads. Recommended pairs include: EURUSD: Known for its liquidity and stable trends, ideal for both beginners and experienced traders. GBPUSD: Volatile with high-profit potential, best suited for experienced traders with appropriate risk settings. USDJPY: Offers stable trends and lower spreads, ideal for consistent gains. AUDUSD and USDCAD: High-liquidity pairs that benefit from Hermes EA’s trend-following strategy. Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.What’s in the package?Experts:Hermes EA v1.4 MT4.ex4=========================================================== MORE ROBOTS and MANUAL TRADING SYSTEM UNLIMITED VERSION Telegram Channel : https://t.me/TheTradeLovers Telegram Contact : https://t.me/TheTradeLover Email : TheTradeLovers@gmail.com Whatsapp: https://whatsapp.com/channel/0029VaLNS5gJpe8kk7rZCa13 Instant Download Your files will be available to download once payment is confirmed. Instant download items don’t accept returns, exchanges or cancellations. 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