GBPUSD ROBOT MT4 EA

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$15
EX4
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Feature
Timeframe Mainly runs on M5 (5-minute) charts.
Minimum / Recommended Deposit and Leverage Many listings recommend a starting capital of US$1,000.
Leverage: from 1:10 up to 1:1000 in some versions.
No DLL / No External Dependencies Some versions are “NoDLL” / “No external dependencies,” making them easier to run on many brokers without extra permissions
Risk Control / Trade Protection The EA is said to protect every trade with Take Profit, Stop Loss, Trailing Stop, Break-Even logic.
It also claims not to use aggressive / risky strategies like martingale or grid.
Trend / Filter Logic It often uses a Moving Average (MA) filter or similar trend confirmation logic before entering trade
Some versions include news filters (GBP / USD) to avoid trading around high-volatility events.
Panel / Dashboard The EA often comes with an on-chart panel showing useful info: daily pip count, current session, spread, forex calendar, etc. 
Automatically Opens Trades The EA is fully automated: it opens positions daily (Monday through Friday) based on its internal logic.
Maximum Orders / Controls It includes parameters to limit how many orders can open per day (via “MaxOrders” or “MaxOrdersPerDay”). 
Compatibility Works on hedging / netting account types (depending on broker), standard / ECN accounts.

  1. Backtest/Forward Test Using Your Broker Data

    • Use 99% tick modeling (if possible) over a long period.

    • Check drawdowns, worst single trade, consistency, and equity curve shape.

  2. Broker Dependencies

    • Spread, slippage, order execution quality can heavily affect performance.

    • Some brokers may not allow external EAs, or may requote.

  3. Drawdown Risk

    • Even with no martingale or grid, you may have sequences of losses; test your capital adequacy.

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