Gecko EA MT4 v1.2 with SetFiles (Platform build 1443+)

What is Gecko EA?

The Gecko EA is an Expert Advisor (EA) designed for the MetaTrader 4 trading platform, which is widely used by forex traders around the world. This type of software is created to automate trading strategies, making it easier for traders to execute trades based on predefined criteria without the need for constant manual oversight.

➡️ Vendor website: View here

About the Author

This product is compiled by Wim Schrynemakers. This Malta author has more than +12 years of experience working on MQL5, famous products such as Gecko EA MT4, Stability Pro MT4, Advanced Scalper MT4, Gold Trade Pro MT4 and other products. Among them, Gecko EA is his most famous product.

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Key Features of Gecko EA for MT4

🔹Advanced Exit Algorithms: Uses unique and very advanced exit algorithms and entry calculations for precise trade management.
🔹Strict Safety Focus: Every trade is protected by a Stop Loss (SL) at a safe distance – no dangerous money management is used.
🔹Multi-Parameter Trailing SL: Features Trailing SL that uses multiple parameters, including Move to Break-even and time-based control.
🔹Risk Customization: Includes multiple risk management options, such as setting a specific risk per trade.
🔹High/Low Trailing SL: Offers a Trailing SL based on recent highs/lows, with an option to stop at the break-even level.

What is the Gecko EA trading strategy?

The core strategy is a proven breakout system that identifies important recent high and lows for potential entry. However, the sophistication lies in the trade management.

🔹Breakout Entry: Looks for important recent high and lows to execute breakout trades.
🔹Profit Protection: Moves to Break-even at a certain point, with the option to add extra pips for guaranteed profit.
🔹Momentum-Based Exit: Time-based Trailing Stop Loss activates after X minutes to limit exposure when the trade loses momentum.
🔹Risk Per Balance Sizing: Lotsize is determined based on Lots Per Balance for consistent sizing.

Gecko EA MT4 Review

1. Gecko EA Live Results:

The Gecko EA achieves impressive profit performance when trading on real accounts. Profit performance over 190 consecutive trading weeks.

✅ Initial Deposit: $5,000
✅ Growth Rate: +224%
✅ Win Rate (% of total): 69.7%
✅ Maximum Drawdown: 17.5%

Gecko EA Live Results

2. Gecko EA Myfxbook Results:

The Gecko EA has been verified profitable by MyFxBook in the long term and has achieved impressive returns. The advisor shows good GBPUSD, USDJPY and AUDUSD trading potential and high profit rate.

✅ Initial Deposit: $5,000
✅ Total Gain: +385.83%
✅ Average Monthly Profit: 2.49%
✅ Maximum Drawdown: 18.07%

Gecko EA Myfxbook

3. Gecko EA Backtest Results:

The Gecko EA backtest trading results achieved impressive profit performance for 4 years on the USDJPY pair. The advisor showed the ability to maintain safe stars on the 60-minute chart.

✅ Initial Deposit: $1,000
✅ Total Net Profit: $15,162.82
✅ Win Rate: 83.50%
✅ Maximum Drawdown: 12.18%

Gecko EA MT4 Backtest

Why Should You Use Gecko EA MT4?

🔹High Hit Rate: Achieves a very high hit rate of profitable trades through advanced execution.
🔹No Over-Optimization Risk: No optimization process has been done, ensuring its strategy is robust across different data.
🔹Proven Stress Testing: Stress tested with ninety-nine point nine zero percent tickdata, including variable spread and slippage simulation.
🔹Broker Agnostic: Not sensitive to spread or slippage, and the Virtual SL option prevents broker knowledge of SL location.

User Reviews and Feedback

Gecko EA shows significant potential in providing stable and reliable profits, becoming a reliable tool in the forex market. This advisor is highly appreciated by the community in many aspects and has won the trust of users.

➡️ Takoya (2020.06.30): “Wim is one of the few developers which are reliable on this site. This EA is also good so far.”
➡️ Wolfgang Rockert (2020.06.16): “Buy it some Weeks ago, great EA, works Profitable any Week end with Profit. Low Risk… Buy it.”
➡️ Michał Sietycki 2020.06.30): “Total return – 4,9% peak drawdown -4,2% trade win – 74,3% trades per day – 2.5 most trades were made on EURUSD (52,9%), then GPBUSD (28,6%) and least on USDJPY 18,6% (it was worst pair – but even this was on plus side (profit) – even with only 69% win rate, while EURUSD was 86% win rate So – personally I’m pleased.”

Gecko EA is rated 5 stars

Gecko EA Settings

Recommended settings and parameters to pay attention to from developers and experts:

➡️ Reviewed by David Easton

What’s in the package?

The download package of the product suite includes:

1. Experts:

✅ Gecko EA v1.2.ex4

2. SetFiles:

✅ audusd.set
✅ eurusd.set
✅ gbpusd.set
✅ usdjpyA.set
✅ usdjpyB.set

Conclusion

In short, Gecko for MT4 is a precision-built breakout trading system that combines advanced entry logic with multi-layered exit algorithms for consistent, low-risk performance. With features like Trailing SL, Break-even protection, and momentum-based exits, it ensures disciplined trade management and sustainable profits. A proven, long-term performer — Gecko stands out as a truly professional solution for serious forex traders.