Shark Expert Advisor MT4 with SetFiles (Latest version)
Subscriptions for Special Plan
- 30 EA package is more economical!
- Special package with 99%
- Download 1 EA/Day
Subscriptions for Premium Membership
- Download Unlimited in 1 Year
- Get 100% Discount
- Get free access to all
Subscriptions for Gold Membership
- 1 Year Membership
- Get 100% Discount
- Access EA+Indicator+Course
Frequently bought together 🎁
Add these products to enhance your purchase
What is Shark Expert Advisor MT4?
Shark Expert Advisor MT4 is a powerful Expert Advisor (EA) designed for automated trading using advanced pattern recognition and indicator-based logic. It focuses on stability, adaptability, and precise risk management, delivering accurate entries and structured trade execution across multiple assets and timeframes.
Vendor Wedsite: Click here
About the Author
This product is compiled by Farhad Kia. This author has more than +10 years of experience working on MQL5 with many famous products such as Shark Expert Advisor, Shark Expert Advisor MT5, SRP Pro MT4, Strong Retracement Points MT4 and other advisors. Among them, Shark Expert Advisor MT4 is his best performing products.
Shark Expert Advisor MT4 Overview
Key Features of Shark Expert Advisor MT4
🔹 Pattern-Based Trading System: Uses Shark pattern detection to identify high-probability trading opportunities.
🔹 Multi-Asset Monitoring: Scans multiple currency pairs simultaneously for diversified trading opportunities.
🔹 Multi-Timeframe Analysis: Evaluates different timeframes to improve signal accuracy and adaptability.
🔹 Flexible Risk Management: Allows adjustable risk, auto lot sizing and controlled exposure for safer trading.
🔹 Advanced Trade Management: Supports trailing stop, partial close and predefined SL/TP for better control.
Why Choose & Use Shark Expert Advisor MT4?
🔹 Stable Trading Performance: Built to deliver consistent results through structured pattern-based logic.
🔹 Strong Risk Control System: Protects capital with predefined stop loss, adjustable risk, and trade filters.
🔹 Versatile Trading Tool: Suitable for both automated trading and signal-based manual strategies.
🔹 Adaptable Market Coverage: Works across multiple pairs and timeframes for broader opportunity capture.
🔹 Marketplace-Ready Solution: Ideal for traders seeking a reliable EA with precision and flexibility.
Shark Expert Advisor MT4 Review
Optimize trading profits with powerful Expert Advisor (EA), providing detailed analysis and intuitive color display. Specific and detailed price levels help users accurately evaluate the performance and trading process of EA. Improve trading decisions with comprehensive and easy-to-understand information.
Shark Expert Advisor Review
Shark Expert Advisor MT4 Review
What is the Shark Expert Advisor MT4 Trading Strategy?
🔹 Shark Pattern Recognition: Identifies bullish and bearish harmonic patterns to determine precise entry points.
🔹 Structured Entry Levels: Uses defined entry zones with clear Stop Loss (SL) and multiple take profit targets.
🔹 Multi-Level Profit Strategy: Applies up to six Take Profit (TP) levels to balance risk and maximize gains.
🔹 Dynamic Trade Handling: Uses Trailing stop and partial close to secure profits during market movement.
🔹 Flexible Execution Mode: Can operate fully automated or provide signals for manual trading decisions.
Is Shark Expert Advisor MT safe?
Shark Expert Advisor MT4 shows significant potential in providing stable and reliable profits, making it a reliable tool in the forex market. The advisor is highly appreciated by the MQL5 community in many aspects and has won the trust of users.
➡️ Kerry Mitchel (2020.05.05): “Fab! Great EA help and good ea.”
Trading Specifications
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | M15, M30, H1, H4 |
| Currency pairs | EURUSD, GBPUSD, AUDUSD |
| Minimum / Recommended deposit | $200 |
| Minimum / Recommended leverage | Any |
| Product type | NoDLL / Unlimited / Unlocked |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com (Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
1. Experts:
✅ Shark Expert Advisor_fix.ex4
2. SetFiles:
✅ EURUSD_Shark EA_Risk_1.set
✅ GBPUSD_Shark EA_Risk_1.set
✅ AUDUSD_Shark EA_Risk_1.set
✅ NZDUSD_Shark EA_Risk_1.set
✅ USDCAD_Shark EA_Risk_1.set
✅ USDJPY_Shark EA_Risk_1.set
✅ AUDUSD_Shark EA_Risk_2.set
✅ EURUSD_Shark EA_Risk_2.set
✅ GBPUSD_Shark EA_Risk_2.set
✅ NZDUSD_Shark EA_Risk_2.set
✅ USDJPY_Shark EA_Risk_2.set
✅ USDCAD_Shark EA_Risk_2.set
Conclusion
In short, Shark Expert Advisor is a cutting-edge trading system that leverages the Shark pattern strategy to identify high-probability trade setups across multiple currency pairs and timeframes. Designed for both fully automated and manual trading, this EA provides traders with real-time signal alerts, dynamic risk management, and optimized entry/exit strategies. With a multi-pair, multi-timeframe approach, Shark EA enhances market adaptability, making it a powerful tool for both beginner and professional traders.
Shark Expert Advisor MT4 Settings Explained (Detailed Guide)
Introduction to Shark Expert Advisor (EA)
Shark Expert Advisor (EA) is an automated trading system designed for the MetaTrader 4 (MT4) platform. It helps traders execute trades based on predefined algorithms, eliminating emotional decision-making and enabling consistent strategy execution.
This Expert Advisor (EA) focuses on multi-timeframe analysis, risk management, and trade automation, making it suitable for both beginner and advanced traders who want to optimize their forex trading performance.
Detailed Analysis of Shark Expert Advisor Settings
General Trading Settings
| Parameter | Value | Description |
|---|---|---|
| MagicNumber | 7427 | Unique identifier for trades opened by this EA. Helps distinguish trades from other EAs or manual trades. |
| ECN | false | Indicates whether the broker is ECN. If true, EA avoids setting SL/TP at order open. |
| startTime | 9 | Trading start hour (server time). |
| stopTime | 20 | Trading stop hour (server time). |
| trade | true | Enables or disables trading. |
| Alert | true | Sends alerts when signals occur. |
| showShark | true | Displays Shark indicators/visual elements on chart. |
Insight:
This EA is configured to trade only during specific hours (9–20), which helps avoid low-liquidity or volatile sessions.
Currency Pairs & Timeframes
| Parameter | Value |
|---|---|
| LIST | EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDJPY |
Enabled Timeframes:
| Timeframe | Status |
|---|---|
| M1 | false |
| M5 | false |
| M15 | true |
| M30 | false |
| H1 | true |
| H4 | false |
| D1 | false |
| W1 | false |
Insight:
- The EA operates primarily on M15 and H1, which suggests a short-to-medium-term strategy.
- Avoiding lower timeframes like M1/M5 reduces noise and false signals.
Risk & Lot Management
| Parameter | Value | Description |
|---|---|---|
| Lot | 0.0 | Auto lot sizing enabled (lot calculated based on risk). |
| Risk | 0.5 | Risk percentage per trade (0.5%). |
Insight:
- Using 0.5% risk per trade is considered very conservative, suitable for long-term capital preservation.
- Auto lot sizing ensures consistency across trades.
Trade Management Settings
| Parameter | Value | Description |
|---|---|---|
| PartialClose | true | Enables partial closing of trades. |
| closeTPpercentage | 40 | Percentage of position closed at TP. |
| closePercentage | 30 | Likely partial close trigger level. |
Insight:
- Partial close helps lock in profits early, reducing risk exposure.
- This is ideal for volatile markets.
Trailing Stop Settings
| Parameter | Value | Description |
|---|---|---|
| Trailing | true | Enables trailing stop. |
| trailStep | 100 | Distance (in points) for trailing stop adjustment. |
Insight:
- A trailing step of 100 points indicates a moderate trailing strategy, allowing trades to breathe while protecting profits.
Overall Strategy Evaluation
Strengths
- Conservative risk management (0.5%)
- Multi-timeframe confirmation (M15 + H1)
- Partial close + trailing stop = strong profit protection
- Time-filtered trading reduces unnecessary exposure
Potential Limitations
- Limited to specific trading hours (may miss opportunities)
- No higher timeframe (H4/D1) trend confirmation
- Fixed trailing step may not adapt to volatility
Conclusion
The Shark Expert Advisor MT4 configuration shown in your setup reflects a balanced and conservative trading approach. By combining low risk (0.5%), multi-timeframe filtering (M15 & H1), and advanced trade management (partial close + trailing stop), the EA is designed to prioritize capital protection and steady growth.
This setup is particularly suitable for traders who prefer:
- Long-term consistency over aggressive gains
- Reduced drawdowns
- Structured and disciplined automated trading
If optimized further (e.g., adapting trailing stop to volatility or adding higher timeframe filters), this EA could become even more robust in varying market conditions.
User Reviews
Only logged in customers who have purchased this product may leave a review.
1. What is Shark Expert Advisor MT4?
Shark Expert Advisor (EA) is an advanced trading robot that identifies Shark patterns across multiple currency pairs and timeframes, providing automated trading or manual trading signals for high-precision trade execution.
2. How does Shark Expert Advisor work?
Detects Bullish & Bearish Shark patterns for strategic trade entries and exits.
Supports both automated trading & manual signal generation.
Uses stop loss, take profit, trailing stop, and partial close for optimized risk management.
3. What currency pairs and timeframes does it support?
Currency pairs: EURUSD, GBPUSD, AUDUSD.
Timeframes: M15, M30, H1, H4.
4. What is the minimum deposit required?
Minimum deposit: $200.
Recommended deposit: Higher amounts for better risk management.
5. Can I use this EA for manual trading?
Yes! Shark Expert Advisor can function as a signal generator, allowing traders to manually confirm and execute trades.
6. Does Shark Expert Advisor use Martingale or Grid strategies?
No, it does not use risky Martingale or Grid trading. It relies on Shark pattern detection for structured trade execution.
7. How profitable is Shark Expert Advisor?
Live trading results have shown consistent profitability over 2+ months.
Includes proven stop-loss protection and dynamic take profit levels to optimize earnings.
8. Do I need a VPS to run Shark Expert Advisor?
A VPS is recommended for 24/7 automated trading, ensuring stable performance and uninterrupted trade execution.
9. Is Shark Expert Advisor beginner-friendly?
Yes! It offers:
Fully automated trading for hands-free trading.
Manual mode for traders who prefer more control.
Customizable settings for lot sizing, risk management, and trade timing.
-
Original price was: $249.00.$70.00Current price is: $70.00. -
Original price was: $209.00.$75.00Current price is: $75.00. -
Original price was: $588.00.$135.00Current price is: $135.00. -
Original price was: $888.00.$195.00Current price is: $195.00.
-
1Original price was: $3,963.00.$249.00Current price is: $249.00. -
0Original price was: $300.00.$249.00Current price is: $249.00. -
0Original price was: $230.00.$179.00Current price is: $179.00. -
0Original price was: $2,288.00.$249.00Current price is: $249.00.
There are no reviews yet.