Forex Robotron v34 EA V1.0 MT4

Introduction

Forex Robotron v34 EA V1.0 MT4 is an automated trading robot for MetaTrader 4 designed to execute trades based on pre-built technical logic, aiming to reduce emotional trading and keep execution consistent. It’s generally positioned as a “set & monitor” type EA, meaning you configure the main risk and trade filters, then let it operate under defined conditions.

Key Features

• Fully automated trade entry and exit on MT4
• Risk control options (fixed lot or risk-based lot sizing)
• Spread/volatility filters to avoid poor trade conditions
• Time/session filter (trade only in selected hours)
• Built-in trade management (TP/SL, trailing, breakeven if available in settings)
• Works best with low-spread brokers and stable execution

Recommended Settings

• Timeframe: H1 (safe), M30 (more active)
• Pairs: Major pairs only (EURUSD, GBPUSD, USDJPY) on low spread

• Risk / Lot:

  • Balance $100–$300 → 0.01 fixed lot

  • Balance $500–$1000 → 0.01–0.03 lot (conservative)

• Max spread filter: keep strict (example: 15–25 points on 5-digit broker)
• Trading hours: avoid high-impact news windows (disable trading 15–30 mins before/after news)
• Use VPS: recommended for stable 24/5 running

Backtest Result

• Testing period (example: 2022–2025)
• Starting deposit (example: $1000)
• Net profit, profit factor, expected payoff
• Max drawdown % (most important for safety)
• Total trades + win rate
  
  

Advantages

• Removes manual emotions and keeps execution consistent
• Can run continuously with VPS
• Risk settings allow conservative scaling
• Filters (spread/time) can reduce bad entries in unstable markets

Disadvantages

• Performance depends heavily on broker spread, slippage, and execution speed
• Incorrect settings can increase drawdown quickly
• Backtests can look strong but differ in real trading due to live conditions
• News spikes can hurt if not filtered properly

Installation & Setup Guide

1. Download the EA file and open MetaTrader 4
2. Go to File → Open Data Folder → MQL4 → Experts
3. Paste the EA file into the Experts folder
4. Restart MT4 or refresh the Navigator panel
5. Open the recommended currency pair chart and timeframe
6. Drag the EA onto the chart
7. Enable AutoTrading from the MT4 toolbar
8. In EA settings, tick Allow Live Trading and Allow DLL Imports (if required)
9. Set lot size or risk percentage as per your account balance
10. Adjust spread filter and trading time settings conservatively
11. Click OK and confirm the smiley face appears on the chart
12. Monitor on demo first before running on a live account.

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.