The Thunderbird EA for Metatrader 4 is an automated Forex robot that offers two different strategies using the famous stealth technology.
Aside from the usual stop losses and take profit targets input options, the EA also offers an option to use equity safety filters to protect the account from large drawdowns.
As can be seen from the strategy tester report below, the Thunderbird EA doubled the account in 1 month of trading.
So, it’s worth trying it out.
The EA is somewhat optimized for the 5-minute charts but should work on other time frames as well.
The EA can be used on unlimited trading accounts, both demo and live and should work on any time frame.
Recommended: try the Thunderbird EA on a demo account first over an extended period of time before running it on a live trading account.
Free Download
Download the “THUNDERBIRD V10.ex4” expert advisor
Track Record
The strategy tester report below reveals the Thunderbird EA performance for the EUR/USD M5 chart (click on the chart to zoom in).
Performance Highlights:
- Total net profit: $188.15 in one month
- Largest profit trade: $7.69
- Absolute drawdown: 1.71
- Average consecutive wins: 4
Download This Expert Advisor (MT4)
Download the “THUNDERBIRD V10.ex4” Forex robot
General Information & Recommendations
- Works best on the 5- minute charts
- Should work on any time frame
- Recommended minimum account balance: $150
- Works on unlimited demo accounts.
- Works on unlimited live accounts.
- Developed for Metatrader 4
Chart Example
The picture below shows the Thunderbird EA attached to the EUR/USD 5-minute chart.
EA Input Parameters
Strategy 1, strategy 2, stop loss, take profit, trade 1, trade 2, trade 3, use trailing stop, use breakout strategy, use equity safety filters, use stealth technology, use news filter, high impact, medium impact, low impact, initial lot
How to access the inputs tab? Right click on the chart > properties > inputs tab (adjust EA settings here)
How do I install the Thunderbird 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 THUNDERBIRD V10.ex4 file into this folder
- Restart the Metatrader 4 platform and attach the expert advisor to the chart