TOK EA V1.0 MT4

Introduction

TOK EA V1.0 is an automated trading system developed for the MetaTrader 4 platform. It is designed to simplify trading by automatically analyzing market conditions and executing trades based on predefined rules. The EA aims to provide a disciplined and consistent trading approach while reducing the need for manual intervention.

Key Features

• Fully automated trading system
• Works on multiple currency pairs
• Uses trend and momentum-based logic
• Built-in stop loss and take profit
• Customizable risk and lot size settings
• Continuous market monitoring
• Fast trade execution
• Supports MT4 backtesting

Recommended Settings

• Timeframe: M15 or H1
• Pairs: EURUSD, GBPUSD, USDJPY (low spread pairs)
• Lot Size: 0.01 per $100 balance (low risk)
• Stop Loss: 30–50 pips
• Take Profit: 50–100 pips
• Risk Level: Low to medium
• VPS: Recommended for stable operation

Backtest Result

• Stable performance in trending markets
• Moderate drawdown with proper settings
• Consistent trade execution
• Performance may decline in sideways markets
• Results vary depending on broker and configuration

Note: Always test on demo before live trading.

Advantages

• Fully automated and time-saving
• Eliminates emotional trading
• Consistent strategy execution
• Beginner-friendly
• Built-in risk management
• Works across multiple pairs
• Fast and efficient trade execution

Disadvantages

• No guarantee of profit
• Performance depends on market conditions
• Requires proper configuration
• Needs stable internet or VPS
• May experience drawdowns
• Does not consider fundamental news

Installation & Setup Guide

1. Download the EA file (.ex4 or .mq4)
2. Open MT4 → File → Open Data Folder
3. Go to MQL4 → Experts
4. Paste the EA file into the Experts folder
5. Restart or refresh MT4
6. Open a chart (preferred pair and timeframe)
7. Drag the EA onto the chart
8. Enable AutoTrading
9. Adjust settings (lot size, SL, TP)
10. Enable "Allow live trading"
11. Let the EA run and monitor performance.

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.