Description

Meta4trade Micro Bot

Forex Robot for MetaTrader 4 and MetaTrader 5. You have probably tried several different EAs and not all of them met your expectations. We would like to invite you to check our system, to see how the EA earns. XT EURUSD EA is one of the best forex robots you will find on the market. It has been tested over 3 years on various types of accounts and has now been running for over a year on Real account.

It’s a strategy based on Price Action, Cycle Strength, SMA Strength, RSI and another two custom indicators (built-in within the strategy). A new system has also been built into the EA. This changes the operation of the EA, as it also opens pending orders. This has been added as an extra option, and it can be disabled in the EA parameters should you prefer not to use it. There is also a time filter (defined trading hours) and a spread filter (protection of trading during important news and events). All parameters for trades and functions are settable in the parameters of the EA.

There are a few possible methods for closing opened trades:
– by hidden Take Profit (in points) for individual trades
– after reaching profit in currency defined for positions
– after exceeding allowed loss (as percent of account balance)
– at defined close time at the end of each day

EA works on the H1 chart and performs best on the EURUSD pair. However, you can also use it on other pairs such as GBPUSD or USDJPY, although we recommend only using it with the EURUSD pair, Timeframe H1.