The Swing VIP Forex robot for MT4 deploys multiple technical indicators to generate fully automated buy & sell trade entries and exits.
The EA is fully optimized to work on M5 and H1 trading charts.
In terms of profitability, the Swing EA made +240.58% gain for the period June 2021 – December 2022.
The EA offers some built-in risk management tools and there’s an option to start using grid (more risky approach).
Feel free to experiment with the Swing VIP EA’s various inputs to further optimize it and improve its trading results.
Test the expert advisor on a risk-free demo account first before running it on a live trading account (recommended).
The verified MyFXBook report below shows the Swing VIP EA trading results (click on the chart to zoom in).
- Gain: +240.58%
- Monthly gain: 7.03%
- Drawdown: 28.78%
Download This Expert Advisor (MT4)
General Information & Recommendations
- Optimized for M5 and H1 time frame
- Works best on the major Forex pairs
- Based on technical indicators
- Recommended minimum account balance: $200
- Works on unlimited demo accounts.
- Works on unlimited live accounts.
- Developed for Metatrader 4
The image below shows the Swing VIP robot attached to the EUR/USD 1-hour trading chart.
EA Input Parameters
Stop loss in pips, take profit in pips, use grid, grid pips, slippage, spread filter, spread alert, magic number, number of open orders, trailing stop settings, trailing stop start, trailing stop step, close by pips profit, profit in pips, money management settings, lot, lot multiplier, balance step, trade time settings
How to access the inputs tab? Right click on the chart > properties > inputs tab (adjust EA settings here)
How do I install the Swing VIP 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 Swing VIP.ex4 file into this folder
- Restart the Metatrader 4 platform and attach the expert advisor to the chart