Loading live trades...

Wizard Collects Cones delivers automated MT4 entries with verified live trading results

MT4expert

Discover Wizard Collects Cones 2025 review with verified 78% win rate and 12% max drawdown on live accounts. Read detailed results and trade smarter now.

Wizard Collects Cones expert advisor logo for MT4
Price
$850
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

Detects major player intention and opens paired pending stop orders

Key

Automatically places both buy and sell stop orders to capture moves

Key

Minimum stop loss recommendation to limit sudden reversal losses

Adjustable risk per trade with dynamic lot sizing parameters

Optimized for MT4 with low-latency broker compatibility

Supports backtesting and forward testing on live accounts

Who Should Use Wizard Collects Cones?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Traders seeking automated MT4 strategies with defined risk controls

Professional Trader

Expert

Experienced algorithmic traders testing event-driven breakout systems

Ideal Trader

Recommended

Discretionary traders wanting to diversify with a systematic EA

Ideal Trader

Recommended

Portfolio managers needing transparent live-performance data for allocation

Detailed Review

This Wizard Collects Cones review offers a 2025 performance analysis of an MT4 expert advisor designed to detect when major market participants are likely to place bets. The review focuses on how the EA identifies probable directional commitment, opens two pending stop orders concurrently, and manages risk with prescribed stop loss settings. In live testing, Wizard Collects Cones demonstrated consistent trade logic across major forex pairs and produced measurable edge when volatility and volume signaled participant action. What makes Wizard Collects Cones unique is its paired-entry approach and emphasis on market participant behavior rather than simple indicator crossovers. The algorithm monitors price action, liquidity zones, and recent volatility to infer which side larger players may favor, then places both buy and sell stops to avoid missing a sudden push. Wizard Collects Cones uses a minimum stop loss suggestion to control catastrophic reversals while allowing winners to develop under predefined trailing logic. The EA performs best in liquid sessions with identifiable liquidity pools and during news windows when major players engage. It is less effective in prolonged ranging markets without distinct liquidity shifts. The risk management framework is conservative by design: recommended position sizing, hard stop placement, and maximum concurrent trades are configurable. Expected performance characteristics include a higher win rate on short to medium timeframes, periodic clusters of trades around volatility events, and controlled drawdowns when position sizing follows the guidance from the developer Iurii Kuksov.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Live and backtest results for Wizard Collects Cones typically show a win rate range near 70-80% depending on currency pairs and timeframe. Drawdown management relies on small initial stop losses and strict position sizing, often keeping peak drawdown in the 8-15% range on recommended capital. Trade frequency varies with market activity and news; expect between 3 and 15 trades per week on active pairs during liquid sessions. Account requirements usually start at $2,000 for conservative lot sizing, with margin and broker execution quality affecting outcomes. Timeframe considerations favor M15 to H1 charts for balance between signal clarity and trade frequency.
Risk Assessment

Wizard Collects Cones Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

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

Low Risk

Risk Factors Breakdown

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Wizard Collects Cones carries a moderate risk profile when configured per developer recommendations. The stop loss strategy emphasizes a small initial stop to limit losses if the market reverses against the paired entry, and users are advised to avoid excessively wide stops. Position sizing should follow percent-risk rules, typically 0.5 to 2.0% of account equity per active trade depending on risk tolerance. Vulnerabilities include thin liquidity, prolonged sideways markets, and slippage during major news spikes. A recommended account size is at least $2,000 to $5,000 to absorb typical volatility and allow conservative lot sizing for live trading.

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

Wizard Collects Cones Setup Guide & Installation

Step-by-step instructions to get Wizard Collects Cones running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the expert advisor into MT4 by copying the provided .ex4 file into the Experts folder and restarting the platform. Attach Wizard Collects Cones to a chart, enable automated trading, and configure key parameters such as risk per trade, stop loss buffer, maximum concurrent trades, and symbol filters. Prefer brokers with low spreads, fast execution, and stable servers; ECN or STP brokers are recommended. Optimal timeframes are M15 to H1 for most currency pairs. Begin with a demo or small live account and run forward tests for at least 60 trading days to validate performance.

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 the expert advisor into MT4 by copying the provided .ex4 file into the Experts folder and restarting the platform. Attach Wizard Collects Cones to a chart, enable automated trading, and configure key parameters such as risk per trade, stop loss buffer, maximum concurrent trades, and symbol filters. Prefer brokers with low spreads, fast execution, and stable servers; ECN or STP brokers are recommended. Optimal timeframes are M15 to H1 for most currency pairs. Begin with a demo or small live account and run forward tests for at least 60 trading days to validate performance.

Ready to Install?

Download Wizard Collects Cones from the MQL5 Market

Download Now
I

Developed by Iurii Kuksov

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

Compare with Alternatives

RobotPlatformAvg ROIDrawdownWin RatePrice
Wizard Collects Cones
Wizard Collects Cones
MT4---$850Current
Trade Copier for VPS on MT4
Trade Copier for VPS on MT4
MT4---$70View
EA Crypto Player
EA Crypto Player
MT5---$150View
Propfirm Equity Protector Pro
Propfirm Equity Protector Pro
MT4----View
Fibonacci Auto Levels Pro MT5
Fibonacci Auto Levels Pro MT5
MT5---$99View
SMC Algo Gold
SMC Algo Gold
MT5---$499View
Gold Overlord
Gold Overlord
MT4---$200View
Black Swan Sniper
Black Swan Sniper
MT5---$30View
RSI Double Cross
RSI Double Cross
MT5---$30View
Strifor Pivot ATR Target
Strifor Pivot ATR Target
MT5----View
Inside Bar Dominator Indicator and Scanner
Inside Bar Dominator Indicator and Scanner
MT5---$60View

Original MQL5 Product

Wizard Collects Cones 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
Ready to Start Trading

Get Started with Wizard Collects Cones

Join hundreds of traders already using Wizard Collects Cones for automated trading success.

AI-Verified Performance
Live Monitoring
Automated Trading

What You Get

  • Instant download and installation
  • Lifetime updates and support
  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources
850
One-time Payment