LARRY FX EA V1.0 MT4

Introduction

LARRY FX EA V1.0 MT4 is an automated trading system designed for the MetaTrader 4 platform. It executes forex trades using algorithm-based signals, aiming to simplify trading by removing manual decision-making and applying structured trade logic with built-in risk controls.

Key Features

• Fully automated trading execution
• Trend-based and short-term signal detection
• Built-in stop loss and take profit system
• Customizable risk and lot size settings
• Multi-currency pair support
• Fast trade execution on MT4
• Backtesting and optimization support
• Simple integration with MT4 platform

Recommended Settings

• Risk Level: 1%–2% per trade (low to medium risk)
• Timeframe: M15 or H1
• Currency Pairs: Major pairs like EUR/USD, GBP/USD, USD/JPY
• Lot Size: Fixed small lot or auto lot (for beginners)
• Broker: Low spread ECN broker preferred
• VPS: Recommended for stable performance

Backtest Result

• Steady equity growth in trending conditions
• Moderate drawdown under controlled risk settings
• Lower performance during sideways or highly volatile markets
• Results vary depending on broker, spread, and configuration

Note: Past performance is not a guarantee of future results.

Advantages

• Fully automated trading system
• Removes emotional decision-making
• Saves time and effort
• Easy to install and use on MT4
• Customizable risk settings
• Supports multiple currency pairs

Disadvantages

• No guaranteed profits
• Requires proper setup and optimization
• Performance depends on market conditions
• Risk of drawdowns in volatile markets
• Needs stable internet or VPS for best performance

Installation & Setup Guide

1. Download EA file (.ex4 format)
2. Open MT4 → File → Open Data Folder
3. Go to MQL4 → Experts folder
4. Paste EA file into folder
5. Restart MT4 platform
6. Drag EA onto chart
7. Enable AutoTrading
8. Adjust risk and lot settings
9. Monitor performance regularly.

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: Click here

Telegram Group: Join our community

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.