PandoraFX BTC EA MT4 v3.8 vs SetFiles (Platform 1441+)

PandoraFX BTC EA MT4 – Advanced Grid & Fibonacci-Based Expert Advisor (EA)

PandoraFX BTC EA is a smart and versatile Expert Advisor developed by FXEGudangTraders, designed to trade both FOREX and BTC pairs on M30 and H1 timeframes. It combines dynamic lot sizing, Fibonacci-based entry logic, compounding profit strategies, and time-filtered execution to boost performance while maintaining controlled risk.

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Key Features

🔹 Cross-Market Capability – Effectively trades both major FOREX pairs and BTC pairs on M30 and H1 charts, providing flexible strategies across asset classes.
🔹 Smart Lot Scaling & Compounding Engine – Uses dynamic lot sizing combined with a martingale-inspired multiplier system to scale positions strategically and enhance profit potential.
🔹 Fibonacci Entry Strategy – Leverages Fibonacci retracement zones to identify high-probability entry points, aligning with trusted technical trading methods.
🔹 Session-Based Trade Filtering – Limits trading to a defined time window (default: 01:00–21:00) to avoid unfavorable periods like rollovers and low-liquidity sessions.
🔹 Adaptive Profit Targeting – Automatically adjusts take profit levels using a combination of equity growth logic and market volatility metrics, supporting both fixed and dynamic profit objectives.

Additional Features

🔹 No Default Hard Stop Loss (Optional SL) – Recovery is managed through grid and averaging logic, with the option to enable a fixed 500-pip stop loss for extra risk control.
🔹 Fully Customizable Entry Filters – Take full control over trade frequency, pending order expiry, Fibonacci levels per session, and indicator sensitivity.
🔹 Advanced User Customization – Adjust pip steps, Fibonacci periods, pending order expirations, and toggle various strategy settings for more precise control.

PandoraFX BTC EA MT4 Review

PandoraFX BTC EA is an intelligent and adaptive trading robot for MetaTrader 4 (MT4), optimized for grid trading and pip target strategies. Below is a summary of the real-life backtest results (2023-2024) using an initial deposit of $1,000:

✅ Initial Deposit: $1,000
✅ Timeframe: H1 (1-Hour Chart)
✅ Total Net Profit: $5,924
✅ Maximum Drawdown: 15.97%

PandoraFX BTC EA backtest results on the M30 timeframe demonstrate strong profit potential and consistent stability. Trading performance for the period (2023–2024):

✅ Initial Deposit: $1,000
✅ Timeframe: M30
✅ Total Net Profit: $7,018
✅ Maximum Drawdown: 32.12%

The EA Settings

Why choose and use PandoraFX BTC EA?

🔹 Market Scalability – Trades efficiently across different pairs, including BTC/USD and EUR/USD, adapting to various market behaviors and volatility.
🔹 Precise Fibonacci Entries – Utilizes technical retracement levels for more accurate and data-driven entry points.
🔹 Compounding Profit Strategy – Designed to reinvest profits for exponential equity growth, maximizing long-term returns.
🔹 Optimized Risk Management – No default SL, but includes advanced filters to limit exposure, with the option to activate a stop loss for extra protection.
🔹 Avoids High-Risk Tactics – While using grid and averaging, it avoids over-leveraging by relying on time and Fibonacci filters to control exposure.
🔹 Proven Performance – Backtested across multiple instruments and timeframes, ensuring consistency and adaptability in real-market conditions.

In the Downloads folder, there are:

The download package of the product suite includes:

1. Experts:

✅ PandoraFX FOREX v3.8.ex4
✅ PandoraFX BTC v3.8.ex4

2. Presets:

✅ PandoraFX V3.8 SETFILE (MAJOR PAIR).set
✅ PandoraBTC V3.8 SETFILE (BTCUSD).set

Conclusion

In conclusion, PandoraFX BTC EA for MetaTrader 4 is a state-of-the-art, multi-asset Expert Advisor that combines grid trading, Fibonacci logic, and dynamic lot sizing to deliver consistent performance across both FOREX and BTC markets. Developed by the skilled team at FXEGudangTraders, it leverages compounding profits, intelligent time filtering, and precise Fibonacci-based entries.

With proven backtest results showing up to 700% ROI and controlled drawdowns in diverse market conditions, PandoraFX BTC EA is ideal for traders seeking scalability, precision, and long-term growth. Its flexible strategy settings allow for tailored risk profiles, making it suitable for both conservative and high-risk traders.