Profitable Butterfly Forex MT4 Robot

The Butterfly Forex MT4 robot is an expert advisor that considers the open price of the last 4 bars and its maximum value to surge simultaneously in a bid to initiate a long/short position.

A lot of the Forex robots currently available on the market are harmful as a result of their hedging, martingale or grid strategies.

The Butterfly expert advisor for Metatrader 4 is a different system that cuts off losing trades.

Applying the Butterfly Forex MT4 expert advisor on your chart will signpost the start of profit raking, hence increasing your money-making opportunities in the market.

The EA made $5543.67 profit on the EUR/JPY 1-hour chart from an initial deposit of $10000.

Feel free to test the robot on any currency pair of your preference.

Default EA settings:

Trailing Stop: 30, stop loss: 0, lots: 0.1, magic number: 777, pollots: true: max orders: 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 demo account first before running it on a live Forex account.

Download This MT4 Forex Robot Free

Download the “OpenTiks.mq4” Metatrader 4 Robot

Strategy Tester Performance Report

Find below the strategy tester performance report for the Butterfly expert advisor attached to the EUR/JPY 1-hour trading chart.

Strategy Tester Performance Highlights

The MT4 expert advisor made a total profit of $5543.67 ($10000 initial deposit) from 148 trades during the initial testing period.

The largest winning trade generated $268.34 in profit, while the largest losing trade lost -$116.03.

See the test results report above for all details.

Download This Expert Advisor Now

Download the “OpenTiks.mq4” MT4 Expert Advisor

Adjustable Parameters

Trailing Stop, stop loss, lots, magic number, pollots, max orders

More Info About This Expert Advisor

Recommended Currency pairs: EUR/JPY, Majors, Minors & Exotic Pairs

Trading Platform: MT4

Time frames: M5-D1

Expert Advisor 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.

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