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

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