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Expert: Gecko v1.2_fix.ex4 (Unlocked MT4 Build 1420+), Presets: 5, NO MANUAL.
🦎 Gecko EA – Precision Breakout Trading with Smart Risk Control
Gecko EA is a powerful, no-nonsense trading system that uses a time-tested breakout strategy based on recent highs and lows. While the core concept is simple, Gecko’s execution engine is what sets it apart, combining smart entry and advanced exit management to consistently identify and capitalize on high-probability trade opportunities.
📈 How It Works
Gecko watches for key breakout points on the chart—specifically recent market highs and lows—and strategically enters trades when these levels are broken. But it doesn’t stop there…
The EA applies advanced exit algorithms and dynamic trade management to maximize profits and protect capital:
🔁 Trailing Stop Loss (SL) with multiple customizable parameters
➖ Move to Breakeven with optional extra pips buffer
🔼 Trailing SL based on recent highs/lows, adjustable to stop at breakeven
⏱️ Time-based Trailing SL – closes stale trades when momentum fades
🛡️ Safety First – Smart Risk Management
✅ Not a scalper
❌ No grid, no martingale, no averaging
🛑 Every trade uses a hard Stop Loss at a safe distance
⚖️ Risk per trade settings available
🔍 Virtual Stop Loss option – hide SL from the broker
With Gecko, risk is always under control—ideal for traders who prioritize capital preservation and stable, long-term performance.
🔧 Technical Specs
💵 Minimum Account Balance: $100
🕐 Recommended Timeframe: H1
💹 Best Pair: EURUSD (default parameters)
🌍 Also supports: GBPUSD, USDJPY, AUDUSD (preset files available)
🧪 Tested with 99.90% tick data, variable spread, and slippage simulation
🔄 High correlation between backtests and live results
🎯 Hit Rate: Over 80% of trades are profitable
🧠 Key Features
✔️ Trades only confirmed breakouts
✔️ Strict SL and TP on every position
✔️ No optimization required – default settings are proven
✔️ Designed to be spread and slippage tolerant
✔️ Easy setup, with detailed parameters for fine-tuning
✔️ Stress-tested under real trading conditions
⚙️ Parameter Highlights
🧩 Magic Number & Trade Comment options
📏 Lot size control:
Low Risk: Lots per Balance = 200+
Medium Risk: Lots per Balance = 100
Aggressive: Lots per Balance = 50
📉 Max Spread Filter to avoid high-cost entries
🕵️ Virtual SL to keep your SL hidden from brokers
📊 Entry Logic Settings: 3 entry models + customizable entry filters
⛔ SL & TP customizable per trade
🔄 Advanced Trailing SL: Start/Stop triggers, step size, timing
🟰 Breakeven Settings: Define when and how to move to breakeven
⏱️ Duration-Based Exit Logic for stale trades
⚠️ Reminder
Trading forex involves risk. Always test any EA on a demo account or with small lot sizes before going live. Only trade money you can afford to lose. Start low—scale up only after building confidence.
