The TSD Global MT4 expert advisor was designed to work on the 4-hour chart and has a 150 pips profit target per trade.
The reward/risk ratio it uses exceeds 4 by default!
It also uses a trailing stop to lock in profits.
You can test the EA on the 1-hour chart as well but you’ll have to lower the profit target to for example 100 pips per trade or even a bit lower.
The TSD Global expert advisor deploys a buy and sell Forex strategy that is built with the following technical indicators: MACD and OsMA.
It’s a fully automated Forex robot that trades any currency pair and time frame when all market conditions are met.
Based on the tester report, the robot made $6832.10 on the EUR/USD H4 chart.
Feel free to deploy the robot on any currency pair of your choice.
Default EA settings:
Lots: 1, stop loss: 35, take profit: 150, maximum slippage: 5
The default TSD Global robot EA settings can be modified directly by editing the source code or changing the robot’s input values.
It’s highly recommended to test the TSD Global expert advisor for MT4 on a demo account first before running it on a real Forex account.
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Strategy Tester Performance Report
Find below the MT4 strategy tester performance report for the TSD Global MT4 expert advisor attached to the EUR/USD H4 swing trading chart.
Strategy Tester Performance Highlights
The TSD Global MT4 expert advisor made a total profit of $6832.10 from 47 trades during the test period.
The largest winning trade generated $5965.00 in profit, while the largest losing trade lost -$1444.00.
See the test results report above for all details.
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Lots, stop loss, take profit, trailing stop, slippage, magic number.
More Info About This Expert Advisor
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: H1, H4, D1
Indicator Type: trend
Copy and paste the expert advisor in the MT4 experts data folder.
Then restart the MT4 terminal and attach it to any chart.