Pac Man EA is a free Expert Advisor (EA) for MetaTrader 4 (MT4) known for its live history, long period of consistent transactions, and minimal drawdown. This sophisticated grid-based system has proven effective on real accounts over an extended period, distinguishing itself by capitalizing on existing market inefficiencies rather than relying solely on historical data adjustments.

Key Features of Pac Man EA

  1. Sophisticated Grid System: Unlike typical grid systems, Pac Man EA employs real market mechanics to generate profits, avoiding the “hit and miss” approach common in other systems.
  2. Consistent Performance: The EA boasts a strong return on investment and stable performance, offering traders confidence in its long-term reliability.
  3. Safety and Stability: Despite utilizing a Martingale-based strategy, Pac Man EA demonstrates excellent safety and stability, making it a viable option even for cautious traders.
  4. One Chart Setup: The EA allows trading on multiple pairs by attaching it to a single chart. By default, it trades AUDNZD, AUDCAD, and NZDCAD pairs, but these can be adjusted through input parameters.

Pac Man EA

Recommendations for Using Pac Man EA

To optimize the performance of Pac Man EA, consider the following recommendations:

  • Minimum Account Balance:
    • $300 for 1:500 leverage.
    • $1000 for 1:100 leverage.
  • Suggested Pairs:
    • Primarily AUDCAD. If your broker uses a suffix (e.g., AUDCAD.a), update the Symbol parameter accordingly.
  • Optimal Timeframe:
    • Use the M15 timeframe for trading.
  • Setting Up the EA:
    • Attach the EA to one pair. It will trade all pairs listed in the parameter input.
    • MT4 cannot run multi-currency tests, so backtesting will only provide results for the pair tested.

Configuring Web Requests for News

To ensure the EA receives the necessary news updates, follow these steps:

  1. Open Tools → Options → Expert Advisors.
  2. Check the option “Allow WebRequests for listed URL.”
  3. Add the following URLs:
    • https://ec.forexprostools.com
    • https://www.worldtimeserver.com
    • http://timesrv.online
  4. Press “OK.”

These URLs enable the EA to pull news from specified websites, enhancing its trading decisions.

Conclusion

Pac Man EA offers a reliable and sophisticated trading solution for MT4 users, leveraging a unique grid-based system and Martingale strategy to deliver consistent returns with minimal drawdown. With its one-chart setup and user-friendly configuration, Pac Man EA is accessible to both novice and experienced traders. By following the recommended setup and configuration guidelines, traders can optimize their use of this free EA to achieve stable and profitable trading outcomes.

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