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VeritasX automated MT4 expert advisor delivering scalable growth and data-driven trade management

MT4expert

Discover VeritasX 2025 review with 10-year backtest showing 180,000,000 JPY profit and 20% risk model; get performance metrics and actionable insight.

VeritasX expert advisor logo for MT4
Price
$
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Balance-linked compounding lot sizing tied to account equity growth

Key

RiskPercent fixed at 20.0% for aggressive scaling during trends

Key

MaxLotSize set to 500.0 allowing unrestricted lot escalation

Adaptive exit logic with partial profit taking and trailing rules

Designed for long-term 10-year backtests and stress testing

Optimized for MT4 execution with low-latency brokers and ECN spreads

Who Should Use VeritasX?

This expert advisor is designed for these trader profiles

Aggressive Trader

High Risk

Aggressive growth traders willing to accept high drawdown periods

Ideal Trader

Recommended

Quantitative traders testing extreme stress test configurations

Professional Trader

Expert

Experienced MT4 users needing automated position-sizing and scaling

Ideal Trader

Recommended

Portfolio managers seeking a high-volatility trend capturing tool

Detailed Review

This VeritasX review from 2025 begins with a focused performance analysis of the extreme stress-test setfile and the design choices behind it. The setfile used in the 10-year backtest delivered roughly 180,000,000 JPY in simulated profit under an intentionally high-risk 20% per trade model. That combination of parameters produces an equity curve optimized for exponential growth when clear directional trends dominate market conditions, and this analysis examines the trade-offs between rapid scaling and drawdown tolerance. VeritasX is unique in that it abandons fixed lots in favor of balance-dependent compounding. The EA sets UseFixedLot to 0 and computes position sizes from RiskPercent and account equity, while MaxLotSize at 500.0 removes upper lot constraints to allow the system to scale aggressively. Trade entries are trend-biased and filtered by volatility and session context; exits rely on structured partial profit-taking and dynamic trailing to preserve gains. The algorithm is coded for MT4 and performs best on liquid major FX pairs with sustained trends on H4 to daily timeframes. Risk management in VeritasX is mechanical rather than discretionary, with a clear emphasis on system robustness under stress testing. This means frequent large-position winners and intermittent significant drawdowns. For disciplined traders seeking a high-growth automated tool and for analysts validating stress-test results, VeritasX provides transparent parameterization and reproducible backtest behavior while requiring careful oversight in live accounts.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

VeritasX typically targets a win rate that reflects a trend-following approach, often in the range of 40 to 60 percent depending on instrument and timeframe. The setfile used for the extreme test emphasizes big winners rather than high win rate, producing outsized gains when trends persist while accepting a lower hit rate. Drawdown management relies on compounding and adaptive exits; expect peak drawdowns to be material given the 20% per-trade risk setting. Trade frequency is moderate to low on higher timeframes, averaging a handful of meaningful trades per month on H4 and daily charts. Account requirements favor experienced traders with capital buffers; a minimum live balance of USD 10,000 or equivalent is advisable to handle lot scaling and margin swings.
Risk Assessment

VeritasX Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

75
Risk Score
High Risk

Aggressive strategy targeting higher returns with increased volatility

Risk Level75/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Leverage Risk45%

Impact of borrowed capital on position sizing

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

High Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

VeritasX is best classified as an aggressive risk profile due to its 20% per-trade risk parameter and balance-linked compounding. The EA uses sizable stop loss and trailing strategies that can allow positions to run long; this reduces chop losses but increases maximum drawdown potential. Position sizing is formulaic and scales with equity, which amplifies both gains and losses as the account grows. The system is vulnerable in prolonged range-bound markets where trend signals fail and whipsaw increases. For practical deployment, a recommended starting account size is at least USD 10,000 to withstand volatility and margin fluctuations.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

VeritasX Setup Guide & Installation

Step-by-step instructions to get VeritasX running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install VeritasX on MT4 by copying the EA file and the Veritas-X.set file into the Experts and Presets folders, then restart MT4. Attach VeritasX to the desired chart and enable automated trading and DLL imports if requested. Key parameters to configure include UseFixedLot=0, RiskPercent=20.0, and MaxLotSize=500.0; verify lot step and margin settings match your broker. Use low-spread ECN or STP brokers with reliable execution. Run a forward demo test for three months and perform a 10-year backtest on H4 and D1 timeframes before live deployment.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install VeritasX on MT4 by copying the EA file and the Veritas-X.set file into the Experts and Presets folders, then restart MT4. Attach VeritasX to the desired chart and enable automated trading and DLL imports if requested. Key parameters to configure include UseFixedLot=0, RiskPercent=20.0, and MaxLotSize=500.0; verify lot step and margin settings match your broker. Use low-spread ECN or STP brokers with reliable execution. Run a forward demo test for three months and perform a 10-year backtest on H4 and D1 timeframes before live deployment.

Ready to Install?

Download VeritasX from the MQL5 Market

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D

Developed by Daisuke Arimizu

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

VeritasX is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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