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Price Action PB EA mx: Automated MT4 Price Action Trading with Verified Results

MT4expert

Discover Price Action PB EA mx 2026 review with verified 4.5/5 rating from 100 reviews, D1 PinBar strategy, set files included. Test on MT4 today. Start

Price Action PB EA mx expert advisor logo for MT4
Price
$49.99
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 D1 PinBar detection with configurable entry rules

Key

Seven preconfigured set files optimized for different currency pairs

Key

Built-in position sizing and fixed stop management for risk control

Set-and-forget operation suitable for daily monitoring on MT4

Positive mathematical expectancy reported across supplied set files

Compact code footprint for low resource consumption on VPS

Who Should Use Price Action PB EA mx?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Swing traders who prefer daily timeframes and low trade frequency

Professional Trader

Expert

Busy professionals wanting set-and-forget automated trade management

Ideal Trader

Recommended

Traders validating price action strategies with backtests on MT4

Ideal Trader

Recommended

Developers comparing PinBar rules and adjustable risk parameters

Detailed Review

Price Action PB EA mx appears in this review for 2026 with a focused performance analysis of its D1 PinBar methodology and risk controls. The EA, developed and published by DMITRII GRIDASOV, distinguishes itself by combining classic price action pattern recognition with practical stop placement and modular set files. In both backtests and live samples included with the package, Price Action PB EA mx demonstrates consistent entry logic and transparent trade handling, which is why reviewers have given it a 4.5/5 rating across 100 reviews on public listings. What makes Price Action PB EA mx unique is the emphasis on a single high-probability pattern rather than dozens of indicators. The algorithm identifies pin bar candles on the daily timeframe and applies configurable confirmation filters such as momentum threshold and time-of-day constraints. Trade management uses fixed stop loss levels and adjustable risk per trade, while the supplied set files tailor sensitivity and pair selection for AUDNZD, EURCAD and other pairs. Market conditions that favor this EA are trending or range-to-trend transitions where pin bars mark meaningful rejection. The risk management approach is conservative by design: many set files target controlled position sizing and modest exposure. Expected performance characteristics include low-to-moderate trade frequency, periods of consolidation between signals, and a positive expectancy across the included set files when tested on MT4. Overall, Price Action PB EA mx is a pragmatic option for traders seeking a rules-based, price-action EA developed by DMITRII GRIDASOV for the MT4 platform.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Typical performance expectations for Price Action PB EA mx center on modest trade frequency with meaningful per-trade risk-reward ratios due to daily timeframe signals. Win rate in public backtests and user reports commonly falls in a mid-range percentage, with profitability driven by larger average winners relative to losers rather than an extremely high win ratio. Drawdown management relies on fixed stops and prudent position sizing set in the configuration files; users should expect drawdowns during extended choppy markets but not unchecked account collapses when settings are conservative. Trade frequency is generally low to medium—often several trades per month per pair on D1 charts—so account compounding is gradual. Minimum account requirements depend on chosen lot sizing, but an account capable of holding multiple micro- or mini-lot trades safely is recommended. Timeframe considerations are straightforward: this EA is built for the D1 timeframe, reducing intraday noise and broker spread sensitivity compared with lower timeframes.
Risk Assessment

Price Action PB EA mx Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
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

Low 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

Risk level for Price Action PB EA mx is moderate when default set files are used and can be adjusted toward conservative with smaller position sizing. Stop loss strategy uses fixed stops based on pin bar structure and configurable multipliers to scale protection. Position sizing is parameter-driven; the EA supports percentage-based or fixed-lot sizing, which allows traders to impose strict capital limits. Vulnerabilities include extended sideways markets where pin bars occur frequently but fail to produce follow-through, and occasional wide spread events around news which can inflate drawdown temporarily. For conservative deployment, a recommended account size is at least $1,000 to $2,000 when using micro- or mini-lots, larger for standard lots, ensuring reasonable margin and buffer for drawdowns.

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

Price Action PB EA mx Setup Guide & Installation

Step-by-step instructions to get Price Action PB EA mx running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the EA file into the MT4 Experts folder, then restart MT4 so the expert appears in the Navigator pane. Attach Price Action PB EA mx to a D1 chart of the chosen pair and load one of the provided set files to import recommended parameters. Key parameters to configure include risk per trade, stop multiplier, and allowed trading hours. Use brokers with low commissions and reliable server uptime, preferably ECN or STP brokers with tight spreads for daily trading. Run forward tests on a demo account first and perform a 6-12 month forward test on a live micro account before scaling.

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 the EA file into the MT4 Experts folder, then restart MT4 so the expert appears in the Navigator pane. Attach Price Action PB EA mx to a D1 chart of the chosen pair and load one of the provided set files to import recommended parameters. Key parameters to configure include risk per trade, stop multiplier, and allowed trading hours. Use brokers with low commissions and reliable server uptime, preferably ECN or STP brokers with tight spreads for daily trading. Run forward tests on a demo account first and perform a 6-12 month forward test on a live micro account before scaling.

Ready to Install?

Download Price Action PB EA mx from the MQL5 Market

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D

Developed by DMITRII GRIDASOV

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

Price Action PB EA mx 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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