The Evergreen Forex Robot for Metatrader 4 is a rich trading tool designed to auto-trade the market using a flexible point.
The Evergreen Forex robot is able to trigger a sell signal when the flexible point stays below the previous one and when it is above the previous point, a buy signal is automatically triggered.
Users can disregard a buy/sell trigger alert on the Evergreen FX robot when a buy/sell position is already opened.
Adding martingale and money management to this expert advisor boosts its trading performance.
The MT4 EA made $6257.97 profit on the Gold spot 4-Hour chart from an initial deposit of $10000.
Feel free to tryout the robot on any major currency pair of your preference (EUR/USD, GBP/USD, USD/JPY, …) along with most commodities i.e. like Crude oil, Gold, Wheat, Natural gas, Coffee, etc.
Default EA settings:
Ext Depth: 17, ext deviation: 7, ext back step: 5, lot: 0.1
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 live Forex account.
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Strategy Tester Performance Report
Find below the MT4 strategy tester performance report for the MT4 expert advisor attached to the Gold spot 4-hour trading chart.
Strategy Tester Performance Highlights
The Evergreen MT4 expert advisor made a total profit of $6275.97 ($10000 initial deposit) from 223 trades during the initial testing period.
The largest winning trade generated $1182.76 in profit, while the largest losing trade lost -$306.66.
See the test results report above for all details.
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Adjustable Input Parameters
Ext Depth, ext deviation, ext back step, lot.
.More Info About This Expert Advisor For MT4
Recommended Currency pairs: Commodities & Currency Majors
Trading Platform: MT4
Time frames: M30-D1
Expert Advisor Type: Swing Trader
Copy and paste the expert advisor in the MT4 experts data folder.
Then restart the MT4 terminal and attach it to any chart.