Pure Price Action Metatrader 4 Forex Robot

The Pure Price Action Metatrader 4 Forex Robot is an automated trading system that utilizes a price action strategy in generating buy/sell trade signals that traders can trust.

It is quite an interesting expert advisor.

Once added and activated on any of the desired currency pairs, it sends a push notification to the mobile terminals, whose MetaQuotes IDs are indicated in the “Notification” tab.

Although the Pure Price Action expert advisor works best on the 1-Hour time frame, it can be optimized for use on other timeframes as well.

The Pure Price Action forex robot is quite easy to use and supervise.

It is also known to work for both ECN/Non-ECN brokers.

Free Download

Download the “Pure Price Action.mq4” MT4 robot

Strategy Tester Report

Find below the Pure Price Action forex robot strategy tester report for the EUR/USD forex pair on the 1-Hour chart.

Overall Performance

The EA made a total profit of $583.60 from a total of 69 trades. The largest winning trade generated $168.20 in profits, while the largest losing trade generated a loss of-$40.30.

Statistics:

Bars in test: 32816 ticks modelled

Initial deposit: $10000.00

Total net profit: $583.60

Total trades: 69

Largest profit trade: $168.20

Largest loss trade: -$40.30

Consecutive wins: 2

Consecutive losses: 1

Download

Download the “Pure Price Action.ex4” Metatrader 4 robot

MT4 Forex Robot Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: Expert advisor

Input Parameters: Enable “no loss,” When to move break even, How much pips to move sl, Lots size, MaximumRisk, DecreaseFactor, TrailingStop, Stop Loss, MagicNumber, TakeProfit, FastMA, SlowMA, Distance, Momentum_Sell, Momentum_Buy

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Price Action

Installation

Copy and paste the Pure Price Action.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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