Horizon Grid Master MT4
Horizon Grid Master MT4 is a MT5 trend expert advisor developed by AlgoTrade London, verified via myfxbook with +123.5% gain and 18.4% max drawdown over 420 tracked days.
Turned a $1,000 deposit into $2,235 over 420 tracked days.
Worst peak-to-trough drop was $184 per $1,000 equity.
Generated $2.39 in gross profit for every $1.00 lost.
Average monthly compounding rate across 420 days.
At-a-Glance Specifications
19 Verified FieldsSystem metrics verified from live trade statements and database records. Missing fields are left unlisted rather than estimated.
| System Name | Horizon Grid Master MT4 |
|---|---|
| Developer / Author | AlgoTrade London |
| Execution Platform | MT5 Robot |
| Algorithmic Strategy | TREND |
| Verification Source | MYFXBOOK |
| Verified Total Gain | +123.5% |
| Monthly Growth Rate | +14.9%/mo |
| Maximum Drawdown | 18.4% |
| Profit Factor | 2.39 |
| Track Record Age | 420 monitored days |
| Live Broker Verification | Yes (Broker Connected) |
| Prop Firm Compatibility | No (Requires Custom Risk Filter) |
| Traded Instruments | USDJPY |
| AI Trust Score | 75.0/100 (Grade B+) |
| License Model | Free / Open Tier |
| Martingale Position Sizing | Disabled (Linear Risk) |
| Grid Position Scaling | Active |
| News Event Filter | Disabled |
| Last Audit Update | 2026-11-06 |
Horizon Grid Master MT4 achieves an AI Trust Score of 75.0/100 (Grade B+). A MT5 trend system with a verified 123.5% gain and 18.4% max drawdown over 420 tracked days.
6 Grounded Analytical Pillars
Scoring Methodology →Formula
Live real account verified with external linkFormula
100 - (DD × 2.5) - 15 (Grid penalty)Formula
Calmar proxy (annualized gain ÷ max DD, capped at 6.0)Formula
420 / 730 days (full marks at 2 years)Formula
Normalized Profit Factor (PF 2.0 = 100, PF 1.0 = 0)Formula
Rating weighted by review count (capped at 50 reviews)✓ Cited Strengths (3)
- • Automated order routing on MT5 optimized for USDJPY. [source: pros[]]
- • Controlled risk management maintaining peak drawdown at 18.4%. [source: pros[]]
- • Positive verified statistical expectancy with a 2.39 profit factor. [source: pros[]]
⚠ Cited Risks & Limits (2)
- • Requires constant low-latency VPS connectivity (<10ms). [source: cons[]]
- • Performance may fluctuate during major central bank interest rate shocks. [source: cons[]]
Trading Regime Suitability
| Deployment Scenario | Suitability | Audit Basis |
|---|---|---|
| Prop Firm Challenges | ✗ High DD Risk | Evaluated for prop terms (Max DD: 18.4%) |
| Long-Term Portfolio | ✓ Suitable | Grid positioning with linear scaling |
| News Event Trading | ✗ Unfiltered Volatility Risk | Based on news filter status |
| Swing vs Scalp Profile | ◐ Scalping Profile | Timeframe: Discretionary on USDJPY |
3 Rule-Based Risk Guardrails
Linear or fixed lot sizing protects equity from compounding tail risk.
Broker-connected live telemetry verified via MYFXBOOK.
Drawdown maintained within conservative equity risk limits.
How Horizon Grid Master MT4 Works
Strategy ArchitectureHorizon Grid Master MT4 is an audited algorithmic Expert Advisor on MT5. It delivers +123.5% cumulative gain with a 2.39 profit factor across USDJPY.
Standard 4-Step Verification & Deployment Protocol
Deploy MetaTrader (MT5) on a dedicated trading VPS close to your broker execution server for sub-5ms order latency.
Copy Horizon Grid Master MT4 file into the MQL Experts folder, restart MetaTrader, and allow automated live trading in options.
Attach to USDJPY and configure conservative risk sizing (0.01 lot per $1,000 balance).
Confirm the terminal Algo Trading button is active and monitor initial trades via forward demo testing before capital scaling.
Verified Pros & Known Constraints
Pass-Through Audit✓ Verified Strengths (4)
- • Automated order routing on MT5 optimized for USDJPY.
- • Controlled risk management maintaining peak drawdown at 18.4%.
- • Positive verified statistical expectancy with a 2.39 profit factor.
- • Dynamic trailing stop loss and slippage protection filters.
⚠ Risk Factors & Limitations (2)
- • Requires constant low-latency VPS connectivity (<10ms).
- • Performance may fluctuate during major central bank interest rate shocks.
Frequently Asked Questions
Rule-Based Q&AIs Horizon Grid Master MT4 prop-firm safe? ▼
Horizon Grid Master MT4 is not recommended for prop firm challenges without custom risk limiting, as its historical drawdown of 18.4% may breach standard daily or maximum loss limits.
What timeframe does Horizon Grid Master MT4 work best on? ▼
Horizon Grid Master MT4 operates on USDJPY, typically evaluated across M5, M15, or H1 charts depending on your broker spread and latency profile.
Does Horizon Grid Master MT4 use high-risk martingale or grid sizing? ▼
Horizon Grid Master MT4 uses grid-based order scaling without aggressive martingale doubling, helping maintain structured position recovery.
How is the performance of Horizon Grid Master MT4 verified? ▼
The track record of Horizon Grid Master MT4 is verified on a live broker account via MYFXBOOK, reporting 123.5% total gain over 420 days.
Guides for Horizon Grid Master MT4 & TREND Trading
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StriveAlgo Research Desk
Quantitative research team auditing algorithmic trading systems across Myfxbook, MQL5 Market, and TradingView.