The AlgoTradeSoft Innovative EA for Metatrader 4 is a sophisticated Forex robot based on major support and resistance levels found on the 30-minute charts.
The EA is quite profitable and made 42.76% monthly growth, as can be seen from the track record more down below.
The robot comes with a lot of parameters and settings that can be adjusted, all can be easily accessed from the EA’s input section.
The AlgoTradeSoft Innovative EA doesn’t use any dangerous trading methods and all trades are fully protected by a stop loss and take profit order.
Run the EA on a demo account first for 3-5 weeks before running it on a live trading account (recommended).
Free Download
Download the “AlgoTradeSoft Innovative EA.ex4” expert advisor
Track Record
The analysis chart below shows the AlgoTradeSoft Innovative EA trading results (click on the chart to zoom in).
Key Points:
- Monthly gain: +42.76%
- Profit trades: 71.88%
- Best trade: $161.70
- Average profit: $40.12
Download This Expert Advisor (MT4)
Download the “AlgoTradeSoft Innovative EA.ex4” Forex robot
General Information & Recommendations
- Optimized for the 30-minute charts
- Works on any time frame
- Works for any currency pair and Gold
- Recommended minimum account balance: $250
- Works on unlimited demo accounts.
- Works on unlimited live accounts.
- Developed for Metatrader 4
Chart Example
The picture below shows the AlgoTradeSoft Innovative EA attached to the EUR/USD 30-minute time frame.
EA Input Parameters
Magic, lot type, risk%, stop loss type, fixed stop loss size, ATR time frame, ATR period, minimum stop loss size, maximum stop loss size, take profit type, fixed take profit size, trailing stop loss, volatility type, trading hours
How to access the inputs tab? Right click on the chart > properties > inputs tab (adjust EA settings here)
How do I install the AlgoTradeSoft Innovative EA in Metatrader 4?
- Open the Metatrader 4 platform and select “File” from the top menu
- Click on “Open Data Folder” and select the “MQL4” folder
- Click on “Experts” folder and drag and drop the AlgoTradeSoft Innovative EA.ex4 file into this folder
- Restart the Metatrader 4 platform and attach the expert advisor to the chart