Okearo V12: Automated MT4 Reversal Strategy with Dynamic Risk Management and Results

This Okearo V12 review includes a focused 2026 performance analysis of an MT4 expert advisor built for reversal trading. The review synthesizes backtests and live account samples to present win rates, drawdown behavior, and trade frequency. Okearo V12 is notable for its confluence-driven entry logic: it requires multiple indicator confirmations plus price action structure on the M5 chart before opening positions, which reduces random entries and focuses on short-term reversals on EURUSD. What makes Okearo V12 unique is the combination of a precise entry filter set and a layered risk-management engine. The algorithm monitors momentum, volatility bands, and a trend filter simultaneously and triggers trades only when conditions converge. Trade exits use adaptive stop loss and partial take-profit scaling to lock gains while permitting winners to run. The developer, Filipe Jose Roque Ferreira, designed the EA for MT4 with clear parameterization so traders can adjust risk per trade, maximum exposure, and session filters. Okearo V12 performs best in defined trending-to-range transition conditions and on major liquidity windows where M5 signals are more reliable. Expect moderate trade frequency with a focus on quality setups rather than volume. The EA includes capital protection routines that step down position sizes after streaks of losses and halt trading when drawdown thresholds are met. Overall, the tool is transparent, configurable, and suited for disciplined traders who want data-driven automated reversal entries on MT4.