MyPips+ EA V1.0 MT4 | MT4 EA Download - MetaTrader 4 Resources

introduce

MyPips+ EA V1.0 MT4 is an automated trading system specially designed for the MetaTrader 4 platform. It uses algorithm-based logic to execute Forex trades, analyze market conditions and automate trades, aiming to increase trading efficiency while reducing emotional decision-making.

Main features

• Fully automated trade execution
• Strategies based on trends and price action
• Built-in stop loss and take profit system
• Customizable risk and lot size settings
• Multi-currency pair compatibility
• MT4 platform fast execution
• Backtesting and optimization support
• Simple user-friendly setup

Recommended settings

• Risk level: 1%–2% per trade (low to medium risk)
• Time frame: M15 or H1
• Currency pairs: EUR/USD, GBP/USD, USD/JPY and other major currency pairs
• Batch size: fixed small batches or car batches for beginners
• Broker: ECN broker with low spreads
• VPS: Recommended for stable performance

Backtest results

• Stocks grow steadily amid trending market conditions
• Moderate drawdowns and control risk settings
• Underperform in sideways or highly volatile markets
• Results vary by broker, spread and configuration

NOTE: Past performance is no guarantee of future results.

advantage

• Fully automated trading system
• Eliminate emotional decision-making
• Save time and effort
• Supports multiple currency pairs
• Customizable risk management
• Backtesting can be used for optimization

shortcoming

• No guaranteed profit
• Requires proper setup and optimization
• Performance depends on market conditions
• Losses can occur during volatile periods
• Requires stable internet or VPS for best results

Installation and Setup Guide

1. Download EA file (.ex4 format)
2. Open MT4 → File → Open data folder
3. Go to MQL4 → Experts folder
4. Paste the EA files into the folder
5. Restart the MT4 platform
6. Add the EA to the desired chart
7. Enable automated trading
8. Adjust risk and batch settings
9. Monitor performance regularly.

Product screenshots