FXRobot MT4 EA FREE Download [Update] FXRobot MT4 EA FREE Download [Update]

• AutoSettings – This is the main operating mode of FXRobot EA. It has three options:
  • All Auto – This is the recommended mode, all calculations and settings are done automatically for you. Just make sure you specify an appropriate drawdown limit in the MaxDrawDown parameter. This mode is only available for the following currency pairs: USDCAD, EURGBP, GBPUSD, EURUSD. If you enable this mode but install the EA on a different pair, it will automatically switch to manual mode "Use your settings".
  • Use Manual Lot – In this mode, the automatic setting still works, but the lot size must be specified manually in the ManualLot parameter. Additionally, the MaxDrawDown parameter has no effect in this mode, but is automatically calculated based on the specified ManualLot so as not to disrupt the logic and reliability of the robot.
  • Use Your Settings – When using this mode, all automatic settings are disabled. Manually set parameters are enabled in the "Use your settings" section at the bottom, you also need to specify the lot size in the ManualLot option. In this mode, the MaxDrawDown option has no effect. This mode allows you to trade any currency pair.
• MaxDrawDown – You must specify your maximum acceptable drawdown as a percentage. This parameter is designed not to allow you to specify a drawdown higher or lower than required for the stable operation of this MT4 EA FREE.
• ManualLot – You can manually specify the starting order lot size. This setting has no effect if "Auto All" is enabled.
• SpreadLimits – limits opening orders when spreads are too large. The way it works is that it does not disrupt the robot's strategy if there are already outstanding orders. It has three modes:
  • Auto – only works on recommended currency pairs (USDCAD, EURGBP, GBPUSD, EURUSD) and when “Use your settings” mode is not enabled.
  • Manual – uses the value you specify in the ManualSpreadLimits parameter.
  • Off – All spread limits are disabled.
• Manual spread limits – manual spread limits for opening trades. Valid only when the SpreadLimits parameter is set to Manual.
• Slippage – Maximum price slippage for a buy or sell order.
• Magic – This is a unique number responsible for identifying orders opened by the robot. It must not match the magic number of other robots trading on your account.
• AccMini – This option should only be enabled if you use a special account type with a standard lot1 value of 0.1. This is a very rare account type, so this mode should almost always be turned off. If you use a Cent account, there is no need to enable this mode.
• CloseAll – if “true”, the EA will immediately close all open trades. After that, you need to disable the option so that FXRobot EA can open the first trade again.

This is the manual settings part of FXRobot EA and only works when "Use your settings" mode is enabled in the AutoSettings parameter.

• SignalFilterCoef – This is the coefficient that affects MT4 signal filtering. The recommended value range is 1 to 7.
• SignalPower – Coefficient that affects signal frequency and accuracy. The recommended value range is 1 to 7.
• SignalRangeCoef – coefficient that determines the time range for analyzing market conditions. You can only specify values ​​between 1 and 7. A higher or lower value will equal the maximum allowed value.
• SignalSensitivity – This parameter determines the sensitivity of the signal. Enter the market in a hurry or with caution. The recommended value range is 1 to 10.
• SupportTradesCoef – coefficient that determines when to add support orders, designed to speed up the process of closing old orders and make trading profitable. The recommended value range is 1 to 10.
• Support trading range – parameter that determines the spread between support orders. You need to specify the pip value for the 4-digit quote, and MT4 EA FREE will automatically switch to 5-digit.
• SupportTradesTP – Take Profit value for support orders in points. You need to specify the value in points for the 4-digit quote. The EA will automatically switch to 5 digits.
• MaxTrades – the maximum number of orders opened by the signal (excluding the opening of supporting orders).
• TakeProfit – the profit value of the order opened by the signal (does not affect support orders).
• StopLoss – the stop loss value of the order opened by the signal. This value does not affect the stop loss support order, since a special system is used there, which calculates the stop loss independently based on the specified risk.
• SeekToCloseCoef – this coefficient determines how quickly the FXRobot EA should try to close orders opened by signals. The recommended value range is 1 to 10.
• MinProfitToClose – profit/loss parameter of the order, if the value specified in the SeekToCloseCoef parameter is reached, we are ready to close the trade. The value is in US dollars and is calculated so that one lot is equal to 10 US dollars – regardless of the currency pair we are trading. By specifying the value 15, the robot will be ready to close the position at +15 USD (if necessary). If you specify the value -15, the robot will be ready to close the position (if necessary) at -$15 (negative).
• SmartMinProfitToClose – this parameter works exactly like MinProfitToClose; only the time to close the order is not determined by the SeekToCloseCoef parameter, but by another automated intelligent system.
• Settings for your DDControl – You can specify the desired drawdown limit in percent. The robot will automatically calculate the stop loss level based on the orders on the market.