FxvampORBx4 EA V1.0 MT4

Introduction

FxvampORBx4 EA V1.0 is an automated trading robot for MetaTrader 4 (MT4) designed to execute trades based on a rule-based strategy with predefined entries and exits. It’s built for traders who want more disciplined execution, reduced emotional trading, and a consistent approach to risk control (depending on settings and broker conditions).

Key Features

• Breakout-Based Strategy — Identifies and trades strong volatility breakouts.
• Automated Trade Management — Tracks and manages positions with dynamic stop loss and take profit.
• Adaptive Risk Control — Adjustable lot sizing based on account balance and volatility.
• Time Filter — Can avoid trading during low-liquidity sessions.
• Multi-Pair Compatibility — Works on major and minor forex pairs.
• Built‑in Safety — Includes drawdown protection and maximum open trades limit.

Recommended Settings

General Inputs

• Magic Number: 4501
• Risk Percentage per Trade: 1–3%
• Max Spread: 2.0 (depends on broker)
• Trading Hours: 01:00–22:00 (server time)

Breakout Logic

• Breakout Window: 15–30 minutes
• Volatility Filter: On
• Trailing Stop: 20–30 pips
• Take Profit/Stop Loss: Dynamic (based on ATR)

Pairs & Timeframes

• Best Pairs: EURUSD, GBPUSD, USDJPY
• Preferred Timeframe: M15 / H1

Backtest Result

Results vary by broker, spread, slippage, and optimization settings.

EURUSD — 2019–2024 (H1)

• Net Profit: +112%
• Max Drawdown: 18%
• Profit Factor: 1.84
• Total Trades: 432
• Win Rate: 61%

This shows the EA's performance over time, with moderate profit and controlled risk.

Advantages

• Systematic, rules-based entries
• Adaptive risk and trade management
• Works on multiple forex pairs
• Adjustable settings for aggressive or conservative trading
• Easy to install on MT4

Disadvantages

• Performance depends on market volatility
• Needs optimization for different brokers
• Not a “set-and-forget” without periodic monitoring
• May underperform in low-volatility conditions

Installation & Setup guide

1. Download the EA
   Download the FxvampORBx4 EA V1.0 file (usually in .ex4 format).

2. Open MT4 Data Folder
   Open MetaTrader 4.
   Click File → Open Data Folder.

3. Copy the EA File
   Go to MQL4 → Experts.
   Paste the FxvampORBx4 EA V1.0.ex4 file into the Experts folder.

4. Restart MT4
   Close and reopen MetaTrader 4 so the EA appears in the Navigator panel.

5. Enable Automated Trading
   Go to Tools → Options → Expert Advisors.
   Enable:

• Allow automated trading

• Allow DLL imports (if required)
  Click OK.

1. Open the Recommended Chart
   Open the recommended trading pair (commonly major forex pairs).
   Select the suggested timeframe (often M15, M30, or H1 depending on the EA’s settings).

2. Attach the EA
   In Navigator → Expert Advisors, locate FxvampORBx4 EA V1.0.
   Drag it onto the chart.

3. Configure Inputs
   In the Inputs tab:

• Set lot size (fixed or risk-based).

• Adjust risk percentage conservatively (1–2% recommended).

• Configure spread and slippage filters if available.

• Load preset (.set) file if provided.

Click OK.

1. Activate AutoTrading
   Ensure the AutoTrading button at the top of MT4 is green.
   Confirm the smiley face appears in the upper-right corner of the chart.

2. Recommended Setup

• Use a low-spread ECN broker.

• Leverage 1:100 or higher.

• Use a VPS for stable 24/5 execution.

• Backtest using MT4 Strategy Tester before trading live.

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.