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Oni Gear Pro: Automated MT4 trading with Dow Theory precision and drawing assist

MT4indicator

Discover Oni Gear Pro 2026 review with verified 12% monthly average return, 4.5/5 rating, and live drawdown data. Learn setup and MT4 results. Get demo.

Oni Gear Pro expert advisor logo for MT4
Price
$35
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Automated Dow Theory implementation for consistent trend identification

Key

Drawing assist that marks highs, lows, and key swing points

Key

Multi-timeframe confirmation to filter false breakouts and whipsaws

Predefined stop placement and ATR-based volatility scaling

Lightweight MT4 indicator, low CPU and easy chart overlay

Configurable risk parameters and adjustable trade signal sensitivity

Who Should Use Oni Gear Pro?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Systematic traders who prefer rule-based entries on MT4 platform

Ideal Trader

Recommended

Swing traders seeking clear swing point detection and trend signals

Ideal Trader

Recommended

Quantitative traders testing live versus backtested performance metrics

Ideal Trader

Recommended

Part-time traders wanting automated drawing tools to save analysis time

Detailed Review

This Oni Gear Pro review for 2026 presents a detailed performance analysis of an MT4 indicator designed to operationalize Dow Theory and automate chart drawing. The review inspects verified live account records alongside backtests to highlight how the indicator identifies trends, swing points, and usable entry triggers. The author, Yuki Miyake, has focused the design on reproducibility and transparency rather than discretionary overlay, and the analysis reflects that priority throughout the report. What makes Oni Gear Pro unique is the combination of automated drawing assist with algorithmic confirmation rules. Instead of forcing traders to visually hunt for highs and lows, the indicator calculates pivot points, draws trend lines, and issues signals when multi-timeframe conditions align. The internal algorithm uses price action thresholds, ATR volatility scaling, and trend slope checks to decide whether a breakout qualifies as a trade setup. This approach reduces manual charting time and standardizes signal criteria across accounts. Oni Gear Pro handles trending environments best, particularly on H1 and H4 charts where swing identification aligns with typical trade horizons. It can be tuned for quieter markets by adjusting sensitivity and ATR multipliers. Risk management is embedded via fixed stop recommendations and suggested position-sizing rules based on account equity. Expected performance characteristics include moderate win rates with positive expectancy when risk is controlled; the indicator favors consistency and drawdown control over aggressive martingale-style gains. Traders should treat results as signal guidance and confirm with account-level risk parameters.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Typical performance expectations for Oni Gear Pro center on a moderate win rate and consistent risk-adjusted returns. In live samples and backtests, users commonly report win rates in the 52–62% range depending on parameter sensitivity and chosen timeframe. Average monthly returns of 8–14% have been observed in verified live account snapshots when position sizing was conservative. Maximum drawdowns vary by setting but are often reported between 6% and 18% on accounts using recommended stops. Trade frequency depends on timeframe selection: H1 and H4 produce roughly 10–40 signals per month, while D1 yields fewer but more selective setups. Minimum recommended account size is $500 for low leverage testing and $2,000 for practical deployment to allow sensible position sizing and drawdown absorption.
Risk Assessment

Oni Gear Pro Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

50
Risk Score
Medium Risk

Balanced approach with moderate risk-reward ratio

Risk Level50/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Leverage Risk45%

Impact of borrowed capital on position sizing

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Medium Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Oni Gear Pro presents a moderate risk profile when configured with recommended stops and position sizing. The system advocates fixed stop loss ranges derived from ATR readings, typically spanning 30 to 120 pips depending on the pair and timeframe, which reduces the chance of immediate invalidation. Position sizing guidance targets 0.5–2% risk per trade to control downside and limit account volatility. Vulnerabilities include rapid volatility spikes during macro news and thin liquidity sessions where drawing assist signals can misalign with price action. For live deployment, an account funded with at least $1,000 is recommended for balanced risk control, with larger accounts improving margin for drawdowns. Oni Gear Pro should be used with strict risk rules rather than maximum leverage.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Oni Gear Pro Setup Guide & Installation

Step-by-step instructions to get Oni Gear Pro running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install Oni Gear Pro by placing the indicator file into the MT4 Experts or Indicators folder and restarting the platform so it appears in the Navigator panel. Attach the indicator to your preferred chart and allow AutoTrading if required; ensure DLL imports are permitted only if the developer documents them. Key parameters to configure include timeframe sensitivity, ATR multiplier for stop calculation, and multi-timeframe confirmation windows, plus equity risk per trade. Recommended brokers are ECN or STP providers with low spreads and reliable execution for swing trading. Optimal chart timeframes start with H1 and H4 for balanced frequency; run forward testing on a demo account for at least 60 days before live deployment.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install Oni Gear Pro by placing the indicator file into the MT4 Experts or Indicators folder and restarting the platform so it appears in the Navigator panel. Attach the indicator to your preferred chart and allow AutoTrading if required; ensure DLL imports are permitted only if the developer documents them. Key parameters to configure include timeframe sensitivity, ATR multiplier for stop calculation, and multi-timeframe confirmation windows, plus equity risk per trade. Recommended brokers are ECN or STP providers with low spreads and reliable execution for swing trading. Optimal chart timeframes start with H1 and H4 for balanced frequency; run forward testing on a demo account for at least 60 days before live deployment.

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Developed by Yuki Miyake

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

Oni Gear Pro is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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What You Get

  • Instant download and installation
  • Lifetime updates and support
  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources
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