The Lucre Reborn EA is an automated scalping trading robot for MT4 that shows profitable test results for multiple currency pairs.
The expert advisor uses a proprietary martingale trading system ( can be turned OFF) that keeps the overall drawdown below 10%.
In essence, this trading bot identifies fast buy & sell trade opportunities that may arise during the various Forex sessions.
Recommended: test the Lucre Reborn scalping EA on a demo account first over an extended period of time before running it on a live trading account.
The track record below shows how well the Lucre Reborn EA trading robot has performed in the past on the GBP/USD currency pair. (click on the picture for full size view).
- Gross profit: $998.36
- Maximal drawdown: 7.99%
- Largest profit trade: $12.54
- Largest loss trade: -$10.71
- Consecutive wins: 4
Download This EA
- Works on any FX pair (highly recommended for EUR/USD, GBP/USD, EUR/GBP)
- Any time frame should work (works best on M5, M15 and H1)
- Minimum account balance: $100
- Works on a demo account.
- Works on a real account.
- Programmed for Metatrader 4
The picture below shows the Lucre Reborn trading bot attached to the EUR/USD 1-hour chart.
EA Input Parameters
Start hour, end hour, lot size, stop loss, take profit, distance, multiplier, magic number, maximum slippage
How to access the inputs tab? Right click on the chart > properties > inputs tab (adjust EA settings here)
How do I install the Lucre Reborn 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 LUCRE-REBORN.ex4 file into this folder
- Restart the Metatrader 4 platform and attach the expert advisor to the chart