The profitable Puncher Forex MT4 Robot, as the name suggests, yields nice profits when trading currency pairs, gold, silver…etc.
The expert advisor isolates, extracts and analyzes price data in order to trigger rich buy/sell market entries.
The Forex robot is based on intraday modelling, and as such, it delivers credible day trading signals.
Its settings allow for further tweaking by users to create a personalized trading approach.
The Forex Puncher robot combines Stochastics and SMMA trading models for reliable buy/sell or a combination of long & short positions.
The EA made $25577.31 profit on the EUR/USD pair 15-mins chart from an initial deposit of $10000.
Feel free to tryout the robot on any Forex pair of your preference (EUR/USD, AUDJPY, GBP/USD, USD/JPY, …) and commodities like oil, gold, etc
Default EA settings:
Lots: 200, stop loss: 2000, take profit: 0, trade at close bar: true, trailing stop: 0, trailing step: 1, break even: 0, magic number: 0, repeat: 3, periods: 5, use alert: false, send email: true, trade log: mastermind, slippage: 3, crash: false, time frame: 0, length:4, method: 3, smoothing: 1, filter: 5, real-time: true, steady: false, color: true, email on: false, signal price: true, signal price buy: yellow, signal price sell: aqua, count bars:1485
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
Strategy Tester Performance Report
Find below the MT4 strategy tester performance report for the MT4 expert advisor attached to the EUR/USD 15-Mins trading chart.
Strategy Tester Performance Highlights
The MT4 expert advisor made a total profit of $25577.31 ($10000 initial deposit) from 144 trades during the initial testing period.
The largest winning trade generated $1452.00 in profit, while the largest losing trade lost -$2626.65.
See the test results report above for all details.
Download This Expert Advisor Now
Lots, stop loss, take profit, trade at close bar, trailing stop, trailing step, break even, magic number, repeat, periods, use alert, send email, trade log, slippage, crash, time frame, length, method, smoothing, filter, real-time, steady, color, email on, signal price, signal price buy, signal price sell, count bars.
More Info About This Expert Advisor
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M15, M30, 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.