Tiger EA Metatrader 4 Forex Robot
The Tiger EA Metatrader 4 Forex Robot is an algorithmic trader that determines buy and sell market signals using a set of Moving Averages.
It is interesting to note that the Tiger EA also uses the RSI and ADX technical indicators to further filter out market noise.
The forex robot performs quite well, although it requires a large stop loss to achieve this.
Having said that, the Tiger EA works best on the EUR/USD currency pair considering all the back testing carried out on the pair.
Testing on other symbols and time frames looks abysmal.
The optimization settings on the Tiger EA are not overly robust but with some help, traders can edit some of its mql4 code for a more personalized feel.
Strategy Tester Report
Find below the Tiger EA strategy tester report for the EUR/USD forex pair on the Daily chart.
The EA made a total profit of $7406.00 from a total of 70 trades. The largest winning trade generated $140.00 in profits while no losing trade was being reported during the testing period.
Bars in test: 1312 ticks modelled
Initial deposit: $5000.00
Total net profit: $7406.00
Total trades: 70
Largest profit trade: $140.00
Largest loss trade: -$0.00
Consecutive wins: 70
Consecutive losses: 0
MT4 Forex Robot Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Expert advisor
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: MA | RSI | ADX
Copy and paste the tiger.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)