Profitable Daytrading MT4 Forex Robot

The profitable daytrading expert advisor for Metatrader 4 is based on the Stochastic and MACD technical indicators.

It uses the following indicator settings:

For MACD: 12,26,9

For Stochastic: 5,3,3

The author recommends to use the daytrading EA on the 5-minute charts with 20 pips target.

It’s also recommended to use it on low spread currency pairs such as: EUR/USD, GBP/USD, USD/JPY, AUD/USD,…

Feel free to experiment with the different input parameter values for optimized performance and use on a demo account first.

Freely Download This Forex Robot

Download the “DayTrading.mq4” MT4 robot

Strategy Tester Performance Report

Find below the MT4 strategy tester performance report for the daytrading robot attached to the EUR/USD 5-Minutes chart.

Strategy Tester Performance Highlights

The robot made a total profit of $13589.00 from a total of 151 trades. The largest winning trade generated $220.80 in profits, while the biggest losing trade reported during the testing period was -$-967.80.

Overall, this EA traded profitable during the testing period.

Test Period Details:

Bars in test: 24689 ticks modelled

Initial deposit: $10000.00

Total net profit: $13589.00

Total trades taken: 151

Largest profitable trade: $220.80

Largest losing trade: -$967.80

Consecutive winning trades: 28

Consecutive losing trades: 2

Download This MT4 Expert Advisor

Download the “DayTrading.mq4” Metatrader 4 robot

MT4 Forex Robot Highlights

Supported Currency pairs: Any (majors, minors, currency crosses)

Supported Time frames: 5-Minutes

Type: Trend trading

Trading Platform: Metatrader 4

Type: Expert advisor (EA)

Input Parameters

The following input parameter values can be modified by accessing the EA’s “Inputs” tab:

Lot size, trailing stop, take profit levels, stop loss level, slippage

How to install and run this FX Robot?

  • Copy the DayTrading.mq4 file into the Experts folder of the MT4 platform.
  • Then close and restart the MT4 platform.
  • Finally, attach the robot to the chart.
Share Now!