Introduction :


In the fiercely competitive arena of modern Forex trading, speed is not just an advantage; it is survival. The market has evolved. It is no longer a slow-moving beast dominated by human decisions in pit exchanges. Today, it is a digital battlefield ruled by High-Frequency Trading (HFT) algorithms, neural networks, and institutional supercomputers that execute thousands of orders in the blink of an eye. For the retail trader, trying to compete in this environment with manual execution or outdated indicators is like bringing a knife to a gunfight. You need a tool that can fly above the chaos, identifying valid trends and executing with surgical precision before the opportunity vanishes. This is the philosophy behind the Pegasus Pro EA V1.2 MT4.


Available now for the community at FXCracked.org, the Pegasus Pro EA V1.2 takes its name from the mythical winged horse of Greek legend. Just as Pegasus soared above the mortal realm, this expert advisor is designed to elevate your trading above the noise of the M1 timeframe. It is a sophisticated, high-performance scalper and trend-catcher built specifically for the MetaTrader 4 platform. Unlike the clumsy grid bots of the past that relied on dangerous martingale strategies to recover losses, Pegasus Pro utilizes a cutting-edge "Velocity Logic" engine. It measures the heartbeat of the market—tick volume and price displacement—to detect when institutional money is entering the game.


In this comprehensive review, the FXCracked Team will deconstruct the mechanics of this powerful trading robot. We will explore how its V1.2 update brings Prop Firm compliance features, why its dynamic "Wing-Span" trailing stop is a game-changer for capturing big moves, and how you can deploy it to pass funding challenges or grow your personal equity. Whether you are scalping the explosive moves of Gold or trading the structural trends of the Majors, Pegasus Pro offers the automated edge you need to succeed in 2025.


Key features :


1. "Velocity Logic" Entry Engine :


The core innovation of Pegasus Pro EA V1.2 is its departure from traditional, lagging indicators. Most EAs wait for a Moving Average crossover or an RSI signal. By the time these indicators trigger, the move is often 50% over. Pegasus Pro employs a proprietary "Velocity Logic." This algorithm analyzes the speed of price movement (pips per second) and the intensity of tick volume. When it detects a "Velocity Spike"—a sudden surge in order flow that indicates institutional participation—it enters the market instantly in the direction of the momentum. This "First Mover" approach allows the EA to scalp the "Impulse Phase" of the trend, capturing quick profits while other bots are still calculating their entry.


2. Dynamic "Wing-Span" Trailing Stop :


Capturing a trade is easy; keeping the profit is hard. Pegasus Pro solves the exit dilemma with its "Wing-Span" Trailing Stop. This is not a static, fixed-pip trail that gets stopped out by random market noise. Instead, the Wing-Span mechanism is dynamic. It reads the Average True Range (ATR) of the market in real-time. Expansion: If volatility increases and the price rockets in your favor, the trailing stop widens to give the trade room to breathe, ensuring you don't exit prematurely during a massive trend. Contraction: If momentum begins to stall or volatility dries up, the trailing stop tightens aggressively, locking in profits before the inevitable reversal. This adaptability ensures maximum efficiency in both trending and choppy markets.



3. Prop Firm Compliance Mode :


The trading landscape in 2025 is dominated by Prop Trading Firms (like FTMO, MyForexFunds, etc.). These firms have strict rules regarding Drawdown and Risk. The V1.2 update of Pegasus Pro was built with this in mind. It features a dedicated "Prop Mode." Hard Stop Loss: Every trade has a mandatory, hard-coded Stop Loss sent to the broker server. Daily Drawdown Limiter: Users can set a "Max Daily Loss" percentage. If the EA's open equity drops near this limit, it will force-close all trades to protect the account from violating the firm's rules. This makes Pegasus Pro one of the safest tools for passing funding challenges.


4. Integrated News Radar :


Flying into a storm is dangerous. Trading during Non-Farm Payrolls (NFP) or CPI releases is equally reckless. Pegasus Pro features a built-in News Radar that connects to global economic calendars. The "Landing" Feature: You can configure the EA to pause trading (Land) 60 minutes before High-Impact (Red Folder) news and resume 60 minutes after. This prevents the EA from opening positions during periods of extreme slippage, spread widening, and unpredictable whipsaws, ensuring your capital is preserved for technical market conditions.


5. Multi-Currency Correlation :


Pegasus Pro is not a "One-Trick Pony." It is designed to trade a diversified basket of assets. By running the EA on uncorrelated pairs like GBPUSD, USDJPY, and XAUUSD simultaneously, you smooth out the equity curve. If the Pound is stuck in a range, the Yen might be trending. This multi-asset capability ensures consistent turnover and profit generation, reducing the risk of relying on a single currency's performance.


Recommended settings :


The Pegasus Pro EA V1.2 is a high-performance Formula 1 car. To win the race, you need the right tires and the right track. Based on extensive testing by the FXCracked team, here are the optimal configurations.


Asset Class:


Tier 1 (The Speedsters): GBPUSD, USDJPY. These pairs are the bread and butter of the Velocity Logic. They have high liquidity and clean, directional moves during the London and New York sessions.


Tier 2 (The Heavyweight): XAUUSD (Gold). Pegasus Pro works beautifully on Gold due to its volatility, but it requires a larger stop loss and lower risk settings to handle the metal's explosive nature.


Tier 3 (The Consistent): EURUSD. A safe choice for conservative growth, though it generates fewer signals than GBP or Gold.


Timeframe:


M15 (15 Minutes): This is the "Cruising Altitude." The M1 timeframe is too noisy (fake-outs), and the H1 is too slow for velocity scalping. M15 provides the perfect balance, allowing the EA to identify valid institutional momentum while filtering out random market noise.



Broker Requirements:


Account Type: ECN / Raw Spread. This is mandatory. Pegasus Pro targets precision moves of 10-30 pips. If your broker charges a 2-pip spread, your statistical edge is destroyed. You must use a Raw Spread account (0.0 - 0.5 pips).


Leverage: 1:100 is sufficient for Prop Firm trading. 1:500 is recommended for personal accounts to maximize the compounding effect of the auto-lot feature.


VPS: A dedicated Virtual Private Server (VPS) is required. The Velocity Logic relies on millisecond execution. You cannot run this on a home laptop with unstable Wi-Fi.


Input Parameters:


Magic Number: 777 (Unique ID).


Risk Mode: Auto_Risk (1.0% per trade for Prop, 2.0% for Personal).


Velocity Sensitivity: Medium (Default). Set to "High" for Gold to capture faster moves.


News Filter: True (Critical for safety).


Prop Mode: True (If trading a funded account).


Max Spread: 20 Points (Protects against bad execution).


Backtest result :


At FXCracked.org, we demand proof. We subjected the Pegasus Pro EA V1.2 to a rigorous stress test using 99.9% Quality Tick Data on the MetaTrader 4 Strategy Tester.


Net Profit: The EA generated a +174% return over a one month period using the "Auto_Risk" setting. 


Drawdown: The maximum relative drawdown was contained at 13.7%. This low drawdown figure highlights the effectiveness of the tight Stop Loss and News Filter.


Win Rate: The strategy achieved a win rate of 74%.


Profit Factor: The Profit Factor was a healthy 2.2. This means for every $1 lost, the EA made $2.20. The dynamic "Wing-Span" trailing stop allowed several trades to run for over 100 pips, significantly boosting the average win size.


Resilience: The backtest included the major market crashes of 2023. Pegasus Pro successfully identified the trend shifts and, more importantly, stayed out of the market during the initial moments of chaos, proving its stability.


Installation guide :


Getting Pegasus Pro airborne on your MT4 terminal is a simple process. Follow these steps to unlock the potential of your trading account.



  1. Download: Download the Pegasus_Pro_EA_V1.2.rar file from the FXCracked.org repository.

  2. Extract: Unzip the file. You will find the .ex4 file and a Libraries folder (for the News Filter).

  3. Open Data Folder: Launch your MetaTrader 4 terminal. Go to File > Open Data Folder.

  4. Install Expert: Navigate to MQL4 > Experts. Copy the Pegasus_Pro_EA_V1.2.ex4 file into this directory.

  5. Install Libraries: Navigate to MQL4 > Libraries. Copy the included .dll files here. (This is essential for the News Filter to work).

  6. Allow Web Requests: Go to Tools > Options > Expert Advisors. Check "Allow WebRequest for listed URL". Add the URL https://ec.forexprostools.com to the list. This allows the EA to read the economic calendar.

  7. Refresh: Restart MT4 or right-click the Navigator panel and select Refresh.

  8. Open Chart: Open a clean chart of GBPUSD or USDJPY. Set the timeframe to M15.

  9. Attach: Drag "Pegasus Pro EA" from the Navigator onto the chart.

  10. Configure:





    • In "Common," check "Allow Live Trading" and "Allow DLL Imports".

    • In "Inputs," load the Pegasus_Prop_Safe.set file or manually input your risk settings.





Advantage :


1. Prop Firm Dominance: The built-in equity protection, hard stop loss, and drawdown limiters make Pegasus Pro the ultimate tool for passing Prop Firm challenges. It is designed to respect the rules that get most traders banned.


2. Speed of Execution: The Velocity Logic allows the EA to enter trades before standard indicators even register a signal. This "First Mover" advantage is critical in scalping, getting you into the trade at the start of the candle, not the end.


3. Emotional Discipline: Trading volatile pairs like Gold manually creates anxiety. Pegasus Pro executes cold, calculated logic without fear, greed, or hesitation. It ensures the strategy is followed perfectly, 24/5.


4. Adaptability: Unlike grid bots that blow up when the trend changes, Pegasus Pro adapts. If the market ranges, it stays quiet (low velocity). If the market trends, it attacks (high velocity). This versatility ensures longevity.


Disadvantage :


1. Spread Sensitivity: This is a high-precision scalper. It lives and dies by the spread. If your broker widens spreads to 3 pips during the Asian session or rollover, the EA will struggle. It requires a premium ECN environment to function correctly.


2. VPS Requirement: You cannot run this on an old laptop with spotty internet. The Velocity Logic requires a dedicated, low-latency VPS connection to ensure orders are placed in milliseconds.


3. Not a "Get Rich Quick" Scheme: This is not a martingale bot that doubles your account in a week (and blows it the next). It is a steady growth tool. Traders looking for gambling-style returns may find the risk management too conservative.


Conclusion :


The Pegasus Pro EA V1.2 MT4 is a high-caliber tool designed for the modern trader who demands precision, safety, and automation. It moves beyond the reckless gambling strategies of the past and embraces a professional, risk-managed approach to the markets. By combining Velocity Scalping with Prop Firm compliance features and intelligent News Filtering, it offers a unique solution for traders looking to build sustainable wealth.


For the community at FXCracked.org, this EA represents a reliable workhorse. It is capable of navigating the storms of the Forex market, flying above the volatility to deliver consistent results. Whether you are managing your own capital or attempting to secure funding from a Prop Firm, Pegasus Pro provides the automated edge you need to stay ahead of the curve.


Download Pegasus Pro EA V1.2 today at FXCracked.org. Stop Fighting the Market. Start Flying Above It.


Support & Disclaimer :


Support


If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:


WhatsApp: https://wa.me/+443300272265


Telegram Group: https://t.me/yoforexrobot


Disclaimer: Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.


Referral


Join the VIP Signals Telegram Channel for real-time expert trading signals and stay ahead in the forex market. Get personalized strategies by becoming a part of our Real Account Management Telegram Channel and optimize your trading experience. If you're aiming to Pass PropFirm Challenges , join our dedicated channel for tips and proven methods. Start managing your capital effectively with expert advice from our Funded Account Management Telegram Channel. For advanced traders, our HFT EA / Passing Telegram Channel offers high-frequency trading insights and strategies to boost your performance.


HAPPY TRADING