The best Swing Trading Forex MT4 Robot is a money-spinning EA that eliminates market noise and automatically triggers buy/sell entries based on the market’s current state.
The Forex robot achieves this by setting specific points at which the expert advisor needs to start and another one for it to stop (when it uses past sessions in its algorithm).
If its algorithm uses the current market state, then the endpoint doesn’t have to be set.
The Forex robot does enable users set their market entry tone to only trigger either buy, sell or combine long & short entries.
The EA made $855.09 profit on the GBP/USD pair 4-hour chart from an initial deposit of $10000.
Feel free to tryout the robot on any major forex pair of your preference (EUR/USD, GBP/USD, USD/JPY, …) and commodities like oil, gold, etc
Default EA settings:
Lots: 0.1, zzbar: 3, closebar: 3, maxord: 1, SL: 0, TP: 0, magic: 78977
The default 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 expert advisor for MT4 on a practice account first before running it on a real Forex account.
Download This MT4 Forex Robot Free
Download the “ZigAndZag_trader.mq4” Metatrader 4 Robot
Strategy Tester Performance Report
Find below the MT4 strategy tester performance report for the MT4 expert advisor attached to the GBPUSD 4-hour trading chart.
Strategy Tester Performance Highlights
The MT4 expert advisor made a total profit of $855.09 ($10000 initial deposit) from 102 trades during the initial testing period.
The largest winning trade generated $231.71 in profit, while the largest losing trade lost -$195.29.
Set the test results report above for all details.
Download This Expert Advisor Now
Download the “ZigAndZag_trader.mq4” MT4 Expert Advisor
Adjustable Parameters
Lots, zzbar, close bar, max order, sl, tp, magic.
More Info About This Expert Advisor
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: 4H and any other TF
Indicator Type: trend
Installation
Copy and paste the expert advisor in the MT4 experts data folder.
Then restart the MT4 terminal and attach it to any chart.