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EquiGuard Queen MT4 (MT4) — review, price and free alternatives
MT4 expert advisor$399 on MQL5by Ferenc Tibor Katona
EquiGuard Queen MT4 is a MetaTrader 4 expert advisor by Ferenc Tibor Katona, sold on the MQL5 Market for $399. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
EquiGuard Queen MT4 — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Instrument named in the listing
- XAU/USD (gold)
- Developer
- Ferenc Tibor Katona
- Price
- $399
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded EquiGuard Queen MT4 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
EquiGuard Queen – XAUUSD 1–5 products: $399 From 6 products: $799 Rule the Market.
Before you buy EquiGuard Queen MT4
What the developer claims
- Gold is not just another instrument.
- It is a safe haven , a hedge against uncertain.
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 expert advisor in the Strategy Tester before you buy.
- How it handles losing trades. The listing mentions hedging trading. Find out how far it adds to losing positions and what the worst drawdown was.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on EquiGuard Queen MT4
Compiled from its public MQL5 listing. FxRobotEasy has not traded EquiGuard Queen MT4; what these notes say about how it works comes from that listing.
Overview
This detailed review of EquiGuard Queen MT4 in 2026 examines live and backtested performance and provides an independent analysis of system behavior on Gold. EquiGuard Queen MT4 was developed to treat gold as a distinct asset class rather than a generic FX pair, and the review shows why that distinction matters for entries and risk control.
EquiGuard Queen MT4 stands out because of its instrument-specific rule set and transparent trade logic. Ferenc Tibor Katona designed the advisor within the MT4 environment to leverage platform functions such as tick-based execution, pending orders, and custom indicators. The advisor uses volatility filters and session-aware logic to avoid thin liquidity windows and large rollover spreads that distort results on XAUUSD.
The algorithm combines medium-term trend detection on H4 with confirmation on H1, then applies an ATR-derived stop and dynamic lot-sizing based on a fixed percentage risk per trade. Risk management includes a hard stop loss, a trailing stop after a fixed profit threshold, and a time-based closure if price fails to cooperate. These mechanisms reduce the probability of long recovery periods after adverse moves.
EquiGuard Queen MT4 is not a high-frequency scalper; it aims for repeatable, measurable gains with strict capital protection rules implemented in MT4.
Risk notes
EquiGuard Queen MT4 presents a moderate risk profile suited for traders who accept occasional drawdowns for steady long-term growth. Stop loss strategy is ATR-based with a fixed hard-stop fallback and a trailing stop once positions reach a profit threshold, reducing tail risk. Position sizing uses percentage-of-equity rules tied to volatility rather than fixed lot increments, which helps preserve capital during drawdown periods. Vulnerabilities include sudden liquidity shocks and extreme risk-off spikes in gold that can widen spreads and increase slippage. Recommended account size is $5,000 minimum for practical use, with larger accounts improving statistical reliability and reducing the relative impact of commission and spread.
Listed strengths
- Instrument-specific design for XAUUSD trading
- Adaptive ATR-based position sizing for risk control
- Balanced entries using multi-timeframe confirmation
- Transparent trade logic compatible with MT4
- Moderate trade frequency reducing noise exposure
Worth checking
- Requires larger margin for XAUUSD than FX pairs
- Performance sensitive to broker spreads and slippage
- Not suited for ultra-short-term scalping strategies
- Price of $399 may deter small account traders
Setup
Install EquiGuard Queen MT4 by copying the EA file into the Experts folder of MT4, restarting the terminal, and attaching the advisor to an XAUUSD H1 or H4 chart. Enable automated trading and allow DLL imports if required by your broker. Key parameters to configure include risk-per-trade percentage, ATR multiplier for stops, slippage tolerance, and session filters. Use low-spread, reputable brokers with reliable execution and sufficient margin for gold. Record trades and review drawdown behavior before scaling.
Free to try · from FxRobotEasy
Looking for a gold (XAUUSD) robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
GoldStrike AIby FxRobotEasy
Our XAUUSD (gold) robot — an ML model picks the market regime
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick GoldStrike AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- GoldStrike AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
EquiGuard Queen MT4 or GoldStrike AI?
| EquiGuard Queen MT4 | GoldStrike AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($399) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Ferenc Tibor Katona | FxRobotEasy |
EquiGuard Queen MT4 — questions
What is EquiGuard Queen MT4?
EquiGuard Queen MT4 is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Ferenc Tibor Katona, priced at $399 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
What strategy does EquiGuard Queen MT4 use?
EquiGuard Queen MT4 stands out because of its instrument-specific rule set and transparent trade logic. Ferenc Tibor Katona designed the advisor within the MT4 environment to leverage platform functions such as tick-based execution, pending orders, and custom indicators. The advisor uses volatility filters and session-aware logic to avoid thin liquidity windows and large rollover spreads that distort results on XAUUSD.
Does EquiGuard Queen MT4 work on MT4 or MT5?
EquiGuard Queen MT4 runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does EquiGuard Queen MT4 cost?
EquiGuard Queen MT4 is a paid product listed at $399 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-01-20. It is sold and downloaded through the developer's (Ferenc Tibor Katona) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for EquiGuard Queen MT4?
FxRobotEasy has not traded EquiGuard Queen MT4 on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for EquiGuard Queen MT4 elsewhere comes from its developer or from a third party.
How is EquiGuard Queen MT4 installed and set up?
Install EquiGuard Queen MT4 by copying the EA file into the Experts folder of MT4, restarting the terminal, and attaching the advisor to an XAUUSD H1 or H4 chart. Enable automated trading and allow DLL imports if required by your broker. Key parameters to configure include risk-per-trade percentage, ATR multiplier for stops, slippage tolerance, and session filters. Use low-spread, reputable brokers with reliable execution and sufficient margin for gold. Begin with a demo account for at least 30 calendar days, then forward-test on a small live account. Record trades and review drawdown behavior before scaling.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.