The Pac Man EA is a FREE MT4 EA with a long history of consistent trading and little drawdown. The sophisticated grid method used by MT4 EA Download has been tested for years on genuine accounts. It was built to take advantage of current market inefficiencies rather than adjusting the system to reflect historical data, as most people do. Consequently, it is not a straightforward “hit and miss” system that relies just on a grid to survive. Instead, it makes money by taking advantage of real market mechanisms
This approach has given this EA a very high ROI (Return on Investment) and a fair amount of consistency. The creators claim that this automatic trading system is capable of miracles. The Martingale principle scares off many traders since they believe it to be the foundation of the trading system. However, based on our testing, this Pac Man EA functions well and is stable and safe.
By simply linking this EA One Chart Setup to one chart, you may trade on numerous pairings. It trades on the AUDNZD, AUDCAD, and NZDCAD pairs by default, but you can alter this using input parameters.
Recommendations
- A minimum account balance of $300 for leverage ratios of 1:500 or $1,000 for ratios of 1:100.
- It is advised to use AUDCAD, and you should adjust names in the Symbol field if your broker adds a suffix (for example, AUDCAD.a).
- Since this EA only requires one chart configuration, just one pair needs to be attached. All the pairs listed in the input parameter will be traded.
- Only work on the M15.
- Since multi-currency backtests are not possible on MT4, the results of the backtest of this EA are limited to the results of the single pair that was tested.
- This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM).
- low spread ECN account is also advised (Find the Perfect Broker For You Here).