Hercules AI EA - Profitable synthesis of Price Action and AI Bot Trading

Hercules AI combines the Price Action trading method with advanced artificial intelligence technologies. Unlike many trading tools, it does not rely on any indicators. This Expert Advisor performs exceptionally well with the Gold pair and has shown consistent results for over a decade. It avoids risky trading strategies like martingale, ensuring all trades are safeguarded with take profit and stop loss mechanisms. Installation is straightforward and fully optimized; simply add it to the chart, and it's ready to go.

At the first review I was very skeptical about this Expert Advisor, as I consider AI in this field to be just a marketing ploy. But then, upon closer examination, the Hercules AI MT4 EA seemed interesting to me. And the key role was played by the Price Action method, which, according to the developer, is used by Hercules AI EA in trading. And here it is in the review.

Сharacteristics of the Hercules AI MT4 EA

• Platform: Metatrader4
• EA version: 2.3 updated for 1420 build MT4
• Currency pairs: XAUUSD (Gold)
• Trading Time: Around the clock (set in the parameters)
• Timeframe: M5
• Minimum deposit: $100 (or 100 USD cents)
• Recommended broker: Roboforex, XM, FBS

Testing

Testing was performed using TDS2 from 2010 to 2024 and default settings. Looking ahead, I would like to note that the Expert Advisor is sensitive to high spreads and therefore I recommend using trading accounts with low spreads, in particular ECN with Zero Spread.

In the archive Hercules_AI_MT4_nodll_1420.rar (376.0 KB):

• Hercules AI MT4_nodll.ex4
• PARAMETERS GUIDE.pdf