Bull and Bear Mining: Automated MT4 Trading with Verified Results

This review of Bull and Bear Mining presents a 2026 performance analysis based on live and backtested XAUUSD data and independent results. The detailed review and Results comparison show how the EA behaves under different volatility regimes and provide context for expected drawdowns and monthly returns. Bull and Bear Mining is unique because it relies entirely on raw price action on the H1 timeframe rather than on indicator signals, and the logic intentionally restricts trading hours to limit exposure. Daniel Davila developed Bull and Bear Mining for the MT4 platform with clear code that emphasizes risk management and trade discipline. The algorithm evaluates recent price behavior to trigger entries and uses predefined stop loss and take profit levels to close trades automatically. Market conditions that suit the EA include clear intraday trends and moderate volatility; it is less effective during extended news-driven spikes or extremely low liquidity periods. Backtests and live tracking typically show moderate trade frequency with steady equity growth rather than aggressive spikes. Risk controls include equity-based position sizing, daily trade limits, and fixed exit rules to avoid compounding losses. Expected performance characteristics are stable monthly returns in the low single digits for conservative settings, win rates near the mid 60s percent in tested samples, and maximum drawdowns in the low double digits when configured per developer recommendations. Overall, Bull and Bear Mining is a measured, rules-based MT4 expert advisor intended for disciplined automated trading on gold.