Horizon Market Maker MT4
Horizon Market Maker MT4 is a MT5 news expert advisor developed by Edinburgh Algo, verified via mql5 with +239.4% gain and 25.0% max drawdown over 263 tracked days.
Turned a $1,000 deposit into $3,394 over 263 tracked days.
Worst peak-to-trough drop was $250 per $1,000 equity.
Generated $2.50 in gross profit for every $1.00 lost.
Average monthly compounding rate across 263 days.
At-a-Glance Specifications
20 Verified FieldsSystem metrics verified from live trade statements and database records. Missing fields are left unlisted rather than estimated.
| System Name | Horizon Market Maker MT4 |
|---|---|
| Developer / Author | Edinburgh Algo |
| Execution Platform | MT5 Robot |
| Algorithmic Strategy | NEWS |
| Verification Source | MQL5 |
| Verified Total Gain | +239.4% |
| Monthly Growth Rate | +14.5%/mo |
| Maximum Drawdown | 25.0% |
| Profit Factor | 2.50 |
| Track Record Age | 263 monitored days |
| Live Broker Verification | Yes (Broker Connected) |
| Prop Firm Compatibility | No (Requires Custom Risk Filter) |
| Traded Instruments | XAUUSD, EURUSD |
| AI Trust Score | 74.0/100 (Grade B+) |
| License Model | $799 |
| Martingale Position Sizing | Disabled (Linear Risk) |
| Grid Position Scaling | Disabled |
| News Event Filter | Active (Auto-Pause) |
| MQL5 Market ID | 168285 |
| Last Audit Update | 2026-11-06 |
Horizon Market Maker MT4 achieves an AI Trust Score of 74.0/100 (Grade B+). A MT5 news system with a verified 239.4% gain and 25.0% max drawdown over 263 tracked days.
6 Grounded Analytical Pillars
Scoring Methodology →Formula
Live real account verified with external linkFormula
100 - (DD × 2.5)Formula
Calmar proxy (annualized gain ÷ max DD, capped at 6.0)Formula
263 / 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 XAUUSD, EURUSD. [source: pros[]]
- • Controlled risk management maintaining peak drawdown at 25.0%. [source: pros[]]
- • Positive verified statistical expectancy with a 2.5 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: 25.0%) |
| Long-Term Portfolio | ◐ Moderate | Standard execution model |
| News Event Trading | ✓ Filter Active | Based on news filter status |
| Swing vs Scalp Profile | ◐ Scalping Profile | Timeframe: Discretionary on XAUUSD, EURUSD |
3 Rule-Based Risk Guardrails
Linear or fixed lot sizing protects equity from compounding tail risk.
Broker-connected live telemetry verified via MQL5.
Max historical drawdown exceeds standard 20% institutional risk thresholds.
How Horizon Market Maker MT4 Works
Strategy ArchitectureHorizon Market Maker MT4 is an audited algorithmic Expert Advisor on MT5. It delivers +239.4% cumulative gain with a 2.5 profit factor across XAUUSD, EURUSD.
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 Market Maker MT4 file into the MQL Experts folder, restart MetaTrader, and allow automated live trading in options.
Attach to XAUUSD 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 XAUUSD, EURUSD.
- • Controlled risk management maintaining peak drawdown at 25.0%.
- • Positive verified statistical expectancy with a 2.5 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 Market Maker MT4 prop-firm safe? ▼
Horizon Market Maker MT4 is not recommended for prop firm challenges without custom risk limiting, as its historical drawdown of 25.0% may breach standard daily or maximum loss limits.
What timeframe does Horizon Market Maker MT4 work best on? ▼
Horizon Market Maker MT4 operates on XAUUSD, EURUSD, typically evaluated across M5, M15, or H1 charts depending on your broker spread and latency profile.
Does Horizon Market Maker MT4 use high-risk martingale or grid sizing? ▼
Horizon Market Maker MT4 utilizes fixed or linear risk allocation with zero martingale multiplier, keeping risk per trade consistent.
How is the performance of Horizon Market Maker MT4 verified? ▼
The track record of Horizon Market Maker MT4 is verified on a live broker account via MQL5, reporting 239.4% total gain over 263 days.
Guides for Horizon Market Maker MT4 & NEWS Trading
All Guides →Safe Settings for Grid Trading EAs: Risk Management Guide
Comprehensive guide to grid EA safe settings. Learn tested setup rules, drawdown benchmarks, and risk management strategies for algorithmic forex traders.
ADX Indicator Settings for MT4: Tested Guide & Strategy
Comprehensive guide to ADX indicator settings MT4. Learn tested setup rules, drawdown benchmarks, and risk management strategies for algorithmic forex traders.
Harmonic Patterns in Forex Trading: Complete Explainer
Comprehensive guide to harmonic patterns forex trading. Learn tested setup rules, drawdown benchmarks, and risk management strategies for algorithmic forex traders.
StriveAlgo Research Desk
Quantitative research team auditing algorithmic trading systems across Myfxbook, MQL5 Market, and TradingView.