Winchester EA MT4 (Latest version) - Unlimited
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Winchester EA MT4: Wide Range Impulse Movement Strategy
Winchester EA works by determining impulse movements within wide price ranges. Its algorithm analyzes the size of wave movements, the frequency of price channel boundary touches, and the price amplitude. The advisor starts working only when sufficient data indicates a strong trend movement.
➡️ Vendor website: View here
About the Author
This product is compiled by Evgeniy Zhdan. This author has more than +12 years of experience working on MQL5 with many famous products such as Winchester EA, IncaGold EA, Stream Z50 EA, PinTrade MT4 and other advisors. Among them, Winchester EA is his best performing product.
➡️ Delivery time 24h-48h after payment.
➡️ Refund if not delivered.
➡️ You will receive the current version without any limitations (ID+Time).
Winchester EA MT4 Review
Key Features of Winchester EA for MT4
🔹 Impulse Movement Focus: Works based on determining impulse movements specifically within wide price ranges.
🔹 Multi-Factor Analysis: Algorithm analyzes wave size, channel touch frequency, and price amplitude.
🔹 Trend Strength Entry: Starts working only with sufficient data indicating a strong trend movement.
🔹 Mandatory SL/TP: Each position has a Stop Loss (SL) and Take Profit (TP) for essential risk control.
🔹 Range Customization: Allows setting the minimum price range and the number of bars to calculate the range.
What is the Winchester EA trading strategy?
The core strategy is high-conviction trend following triggered by impulsive price action within wide volatility. The EA uses multiple proprietary checks—including wave size and boundary touches—to confirm the presence of a strong, sustained trend.
🔹 Strong Trend Filtering: Entry requires sufficient data to confirm the presence of a strong trend movement.
🔹 Risk Percentage Sizing: MaxRisk calculates the lot size based on a percentage of equity risk.
🔹 Dynamic Profit Locking: Start Trailing Stop and Step Trailing Stop provide active protection for realized gains.
🔹 Time-Filtered Trading: Uses specific working hours to control market exposure.
Winchester EA MT4 Review
🔹The Winchester EA backtest trading results achieved impressive profit performance for 13 months on the GBPUSD.
✅ Initial Deposit: $300
✅ Total Net Profit: $2.47 million
✅ Maximum Drawdown: 21.00%
Winchester MT4 Backtest
🔹The Winchester EA backtest trading results achieved impressive profit performance for 13 months on the EURGBP.
✅ Initial Deposit: $300
✅ Total Net Profit: $2,094.31
✅ Maximum Drawdown: 7.79%
Winchester EA MT4 Backtest
🔹The Winchester EA backtest trading results achieved impressive profit performance for 13 months on the EURUSD.
✅ Initial Deposit: $300
✅ Total Net Profit: $3,621.14
✅ Maximum Drawdown: 19.42%
Winchester EA Backtest
Why choose and use Winchester EA?
🔹High Signal Quality: Focuses on impulse movements and strong trend confirmation for reliable entries.
🔹Execution Control: Max Spread and Max Slippage filters enhance execution quality during impulse moves.
🔹Disciplined Exposure: Max Orders limits the maximum number of simultaneous open positions.
🔹Versatile Pairs: Recommended for GBPUSD, EURUSD, EURGBP and USDCAD on the M5 timeframe.
🔹High Safety: No dangerous trading methods are implied (mandatory SL/TP and absence of grid/Martingale).
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | M5 (5 minute chart) |
| Currency pairs | GBPUSD, EURUSD, EURGBP, USDCAD |
| Minimum / Recommended deposit | $200 |
| Minimum / Recommended leverage | Any |
| Account types | 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:
✅ Experts: Winchester EA_fix.ex4
Conclusion
In short, Winchester EA for MT4 delivers high-precision trend-following by focusing on impulse movements within wide price ranges. Its multi-factor analysis, mandatory SL/TP, and dynamic trailing stops ensure disciplined risk management and profit protection. Optimized for major pairs on the M5 timeframe, Winchester EA provides traders with a reliable, high-conviction, and safe solution for capturing strong market trends.
User Reviews
Only logged in customers who have purchased this product may leave a review.
🔴 What is Winchester EA and how does it work?
Winchester EA is an automated trading system for MT4 that identifies impulse movements within wide price ranges. It analyzes wave size, frequency of price channel touches, and price amplitude, trading only when a strong trend is detected.
🔴 Which currency pairs and timeframe are recommended for Winchester EA?
Winchester EA is optimized for the M5 (5-minute) timeframe and works best on GBPUSD, EURUSD, EURGBP, and USDCAD, where volatility and trend patterns suit its impulse-focused strategy.
🔴 What is the core trading strategy of Winchester EA?
The EA uses high-conviction trend following based on impulsive price action within wide volatility ranges. Multiple proprietary checks—wave size, boundary touches, and amplitude—confirm strong trend movements before trading.
🔴 Does Winchester EA use risky methods like Martingale or Grid?
No. Winchester EA does not use Martingale or Grid methods. Each trade is protected with mandatory Stop Loss (SL) and Take Profit (TP) for disciplined risk management.
🔴 How does Winchester EA manage profits?
The EA uses a Start Trailing Stop and Step Trailing Stop, dynamically locking in profits as the market moves favorably while maintaining strict risk control.
🔴 Can I customize the trading range in Winchester EA?
Yes. Traders can set the minimum price range and number of bars for calculating the range, allowing the EA to adjust to different market volatility conditions.
🔴 What are the backtest results for Winchester EA?
Backtests over 13 months showed strong performance:
✅ GBPUSD: $2.47M net profit, 21% max drawdown
✅ EURGBP: $2,094 net profit, 7.79% max drawdown
✅ EURUSD: $3,621 net profit, 19.42% max drawdown
These results indicate consistency in impulse-driven trend trading.
🔴 How is risk managed in Winchester EA?
The MaxRisk parameter calculates lot size based on a percentage of equity. Combined with mandatory SL/TP and dynamic trailing stops, this ensures disciplined risk exposure for each trade.
🔴 Is Winchester EA fully automated?
Yes. Winchester EA is designed for full automation, continuously analyzing the market for strong trend impulses and executing trades independently on MT4.
🔴 Why should traders choose Winchester EA?
Winchester EA offers high-quality, impulse-based signals, advanced execution control (Max Spread/Slippage), disciplined exposure via Max Orders, and high safety by avoiding dangerous trading methods, making it ideal for trend-focused M5 trading.
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