
Type
EA
Platform
MT4
Version
9.2
Category
Expert Advisor type
Date
3/28/2026
Pricing
Free
Description
Introduction
Thors EA Pro V9.2 MT4 is an automated trading system designed for the MetaTrader 4 platform. It uses algorithmic logic to analyze market conditions and execute trades automatically, helping traders achieve consistent execution while reducing manual effort and emotional decision-making.
Key Features
- Fully automated trading execution
- Advanced technical analysis-based strategy
- Fast and accurate order execution
- Customizable inputs (lot size, SL, TP, risk level)
- Grid/martingale recovery mechanism (commonly used)
- Multi-pair and multi-timeframe compatibility
- Backtesting and optimization support
- VPS compatible for continuous 24/7 trading
Recommended Settings
- Timeframe: M15 or H1
- Currency pairs: EURUSD, GBPUSD (low spread pairs preferred)
- Lot size: 0.01 per $100 balance
- Stop Loss: 30–100 pips
- Take Profit: 50–150 pips
- Risk level: Low to moderate
- Use VPS: Recommended for stable execution
Backtest Result
- Tested using MT4 Strategy Tester on historical data
- Key metrics include:
- Profit and loss
- Drawdown
- Win rate
- Equity curve
- Strong backtests typically show steady growth with controlled drawdown
- Live trading results may vary depending on market conditions
Advantages
- Eliminates emotional trading
- Saves time through automation
- Fast and precise trade execution
- Allows backtesting before live trading
- Flexible and customizable settings
- Can run continuously using VPS
Disadvantages
- High drawdown risk with martingale/grid strategy
- Performance depends on market conditions
- Requires monitoring despite automation
- Broker conditions (spread, slippage) affect results
- Risk of over-optimization in backtests
- No guarantee of consistent profits
Installation & Setup Guide
- Download the EA file (.ex4 or .mq4)
- Open MetaTrader 4
- Go to File → Open Data Folder
- Open MQL4 → Experts folder
- Paste EA file into Experts folder
- Restart MT4 or refresh Navigator
- Drag EA onto chart
- Enable AutoTrading
- Adjust input settings (lot size, SL, TP, risk)
- Test on demo account before live trading.
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.
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