Hercules AI EA - Profitable synthesis of Price Action and AI

Published: 17.06.2024
Reading time: 14 minutes

Hercules AI combines the Price Action trading method with advanced artificial intelligence technologies. Unlike many trading tools, it does not rely on any indicators. This Expert Advisor performs exceptionally well with the Gold pair and has shown consistent results for over a decade. It avoids risky trading strategies like martingale, ensuring all trades are safeguarded with take profit and stop loss mechanisms. Installation is straightforward and fully optimized; simply add it to the chart, and it's ready to go.

At the first review I was very skeptical about this Expert Advisor, as I consider AI in this field to be just a marketing ploy. But then, upon closer examination, the Hercules AI MT4 EA seemed interesting to me. And the key role was played by the Price Action method, which, according to the developer, is used by Hercules AI EA in trading. And here it is in the review.

Сharacteristics of the Hercules AI MT4 EA

  • Platform: Metatrader4
  • EA version: 2.3 updated for 1420 build MT4
  • Currency pairs: XAUUSD (Gold)
  • Trading Time: Around the clock (set in the parameters)
  • Timeframe: M5
  • Minimum deposit: $100 (or 100 USD cents)
  • Recommended broker: Roboforex, XM, FBS


Testing was performed using TDS2 from 2010 to 2024 and default settings. Looking ahead, I would like to note that the Expert Advisor is sensitive to high spreads and therefore I recommend using trading accounts with low spreads, in particular ECN with Zero Spread.

2010-2024 Low Risk, Spread=2 hercules-ea-backtest-low-risk

2010-2024 Medium Risk, Spread=2 hercules-ea-backtest-medium-risk

2010-2024 High Risk, Spread=2 Hercules AI EA - Profitable synthesis of Price Action and AI

Warning. The quality of historical data modeling in history testing directly affects the test results. Therefore, it is necessary to use TDS2

Input parameters of the Hercules AI v2.3

I recommend to leave the parameters of the Expert Advisor unchanged, but for more detailed familiarization with them and for possible adjustments, I suggest to familiarize yourself with PARAMETERS GUIDE.pdf, which is in the archive with the Expert Advisor.

I will only note that if your broker provides data on Gold pair with two digits after the decimal point, you should change the size of StopLoss and TakeProfit down by one decimal point:


As a verdict, I would like to note that the Expert Advisor shows quite stable trading with moderate risk and low drawdown. However, as always, you should not neglect money management and timely withdraw profits. Do not invest funds that you cannot afford to lose and use a reliable broker.

And of course, it is not superfluous to use this Expert Advisor on VPS, so that there are no interruptions in the work of the EA.

In the archive Hercules_AI_MT4_nodll_1420.rar (376.0 KB):

  • Hercules AI MT4_nodll.ex4

Free Download Hercules AI EA 1420


Related Post
  • Freddy van der Vlies
    Published: 17.06.2024 Reply to the message

    I must be doing something wrong, as it does not take any trades and Utotrding gives green smiley.

    • Daniel
      Published: 17.06.2024 Reply to the message

      Just wait

  • Benjamin
    Published: 23.06.2024 Reply to the message

    Looks very promising. Ran a 10 year back test on low risk moderate and high risk using $100 to start and $500 to start. Both did really well. Will be testing on demo live the next few weeks and update on how the results are then. Thank you for your continued contributions to helping others succeed in trading Daniel and being able to test different systems before possible purchase.

  • Michael S.
    Published: 05.07.2024 Reply to the message

    it works fine in tests, is it demo or full version?

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