The Swing Master Forex Robot for MT4 is an automated trading software that delivers accurate buy and sell signals for majors and commodities.
The expert advisor uses an algorithm that captures a great chunk of a price move and then proceeds to the next trade opportunity.
The Swing Master Forex Robot performs best when traded with a longer-term trading outlook in mind, starting from time frames the 1H and above).
The Forex robot is able to assess trades on a risk/reward basis by analyzing the price chart.
The expert advisor made $1711.80 profit on the EUR/USD pair 1-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, …) along with commodities like Oil, Gold, etc.
Default EA settings:
Balance minimum: 200, profit maximum: 10000.00, minimal margin level %: 30, maximum drawdown: 70, consecutive win trades: 30
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.
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Strategy Tester Performance Report
Find below the strategy tester performance report for the Swing Master Forex Robot attached to the EURUSD 1-hour trading chart.
Strategy Tester Performance Highlights
The expert advisor, programmed for MT4 made a total profit of $1711.80 ($10000 initial deposit) from 66 trades during the initial testing period.
The largest winning trade generated $1740.00 in profit, while the largest losing trade lost -$1610.00.
See the test results report above for all details.
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Balance minimum, profit maximum, minimal margin level %, maximum drawdown, consecutive loss, consecutive loss trades, consecutive win, consecutive win trades, consecutive win trades.
.More Info About This Expert Advisor
Recommended Currency pairs: Majors & Commodities
Trading Platform: MT4
Time frames: H1, H4, D1
Expert Advisor 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.