Perceptrader AI - Power of Artificial Intelligence for MT4 EA

Perceptrader AI is an Expert Advisor that uses a grid system of orders with artificial intelligence capabilities, deep learning algorithms and neural networks, which in itself sounds beautiful, but generates a lot of skepticism among experienced traders. The author claims to integrate the strategy from the already known Waka Waka robot into the EA algorithm, supplementing it with artificial intelligence ChatGPT and Google's Bard AI for predicting market movements, as well as the Unique Trades function, which ensures that no trades are exactly the same for different traders.

Сharacteristics of the Perceptrader AI MT4 EA

• Official website: perceptrader-ai
• Platform: Metatrader4
• EA version: 1.73
• Currency pairs: NZDUSD, USDCAD, AUDNZD, AUDCAD, NZDCAD, GBPCHF
• Trading Time: Around the clock
• Timeframe: M5
• Minimum deposit: $1000 (or 1000 USD cents)
• Recommended broker: Roboforex, XM, FBS

Trading algorithm

As I mentioned above, the Perceptrader AI trading algorithm is based on a strategy borrowed from Waka Waka, which in turn is based on Bollinger Bands and RSI indicators in combination with a grid of orders. But here we also have neural networks with artificial intelligence. In general, it seems to me that the author has cheated a bit and presented us the modernized Waka Waka EA as a completely new Expert Advisor. But let it be on his conscience.

Short video review by P. Aleksandrov:

Link

Embed

Copy and paste this HTML code into your webpage to embed.

Official website ➔ Perceptrader AI

Testing

Initially, the author offers a set of files designed for a starting deposit of 10000 units. That is why I tested with this deposit. I tested with the set files without AI filter, as I did not see a big difference in deposit growth, rather on the contrary - the AI filter underestimated the results of the tests by profit. I tested only two pairs, as I assume that the results will be similar for the rest, if the grid does not fail as on NZDUSD (see the test below). In any case, you can test it yourself using TDS2 software:

AUDNZD Standard Mode 5 Pairs High Risk 2008-2023

AUDNZD Unique Mode 5 Pairs High Risk 2008-2023

AUDNZD Unique Mode No Limits High Risk 2008-2023

USDCAD Standard Mode 5 Pairs High Risk 2008-2023

USDCAD Unique Mode 5 Pairs High 2008-2023

USDCAD Unique Mode No Limits High Risk 2008-2023

NZDUSD Standard Mode 5 Pairs High Risk 2018-2023

As you can see, not always and artificial intelligence with neural network can protect your deposit from collapse.

MyFXBook presents the following accounts for public viewing:

PAI Standard Mode 5 Pairs

PAI Unique Mode No Limits

PAI Unique Mode 5 Pairs

PAI Unique Mode 5 Pairs with AI Filter

In general, you can see positive dynamics and profit in trading the Expert Advisor, but do not forget that this is the Grid and the loss of deposit is not avoidable, no matter what AI and neural networks would not be involved. Therefore, keep this in mind and be sure to withdraw your profits in a timely manner.

The EA is not influenced by spread and slippage, although I recommend utilizing a reputable ECN broker.

Ensure that the EA operates continuously on a VPS.

If your account has a leverage of only 1:30, it is advisable to avoid using settings higher than low risk on an account with less than $6000 to prevent potential issues with free margin. However, if your leverage is 1:100, you should be fine using significant risk settings on an account with $1000.

Input parameters of the Perceptrader AI v1.73

If you are going to use a news filter (recommended), you should add the following URLs to the list of allowed requests:

1. https://www.worldtimeserver.com
2. http://timesrv.online
3. http://valeryservice.com
4. http://valerytools.com

Input parameters of the Expert Advisor are divided into 12 main blocks:

1. MM & Risk settings
2. Time settings
3. Strategy settings
4. Forecasts settings (Live trading only)
5. Machine Learning Setup
6. TakeProfit settings
7. StopLoss settings
8. Grid settings
9. News Filter settings
10. Stock Market Crash Filter settings
11. Additional settings
12. Backtest settings

Here I will not dwell on each of the parameters in detail, there are a lot of them. Besides, I don't see much sense in it, as the best settings we have in the form of presets in the RAR archive with the Expert Advisor. But if for some reason you still want to go deeper into the knowledge of all the nuances and settings, you can use the Manual from the same RAR archive. Everything is described there in detail.

In conclusion

In the end we have Perceptrader AI MT4 EA, which despite modern innovations and filters based on artificial intelligence does not cancel the possibility of losing money due to a dangerous strategy of money management - Grids. Be careful and do not invest funds that you are not ready to lose. The Expert Advisor requires an impressive initial deposit of 1000 (better 10000) units. It makes transactions not often, for 15 years - about 1500 trades according to the test on historical data. Therefore, do not expect that the Expert Advisor will open a lot of orders immediately when you install it on the chart. No, this will not happen, you will have to wait. So do not write to me that the Expert Advisor does not work. I assume that the robot will not be very popular, because everyone needs a lot of profit and quickly, but nevertheless this robot will certainly find its fans.

In the archive Waka_Waka_EA.rar (7.4 MB):

• Perceptrader AI v1.73_fix.ex4
• Set files
• Perceptrader AI - Setup guide.pdf

Free Download Perceptrader AI

Official website ➔ Perceptrader AI with 30-Day Money Back Guarantee