Trend Reversal Metatrader 4 Forex Robot

The Trend Reversal Metatrader 4 Forex Robot is an automated trading software that uses customized technical indicators to spot trend reversals.

The construct of the forex robot is such that trade entries are initiated under the most stringent likelihood for success.

If we get a delayed trend reversal, a smart grid system is used in managing current market orders.

There’s the inclusion of a security filter within the expert advisor which helps prevent the risk of entering a sudden trend without a rollback that’s prompted by a news release.

To get better results, it is recommended that users use the EA on brokers with low spread.

Free Download

Download the “GoodGbbi.mq4” MT4 robot

Strategy Tester Report

Find below the Trend Reversal robot strategy tester report for the EUR/USD forex pair on the 1-Hour chart.

Overall Performance

The EA made a total profit of $1691.40 from a total of 44 trades. The largest winning trade generated $154.93 in profits while the largest losing trade generated a loss of-$589.07.

Statistics:

Bars in test: 3438 ticks modelled

Initial deposit: $500.00

Total net profit: $154.93

Total trades: 44

Largest profit trade: $154.93

Largest loss trade: -$589.07

Consecutive wins: 14

Consecutive losses: 1

Download

Download the “GoodGbbi.ex4” Metatrader 4 robot

MT4 Forex Robot Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: Expert advisor

Input Parameters: TakeProfit_S, Trade Time

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

Type: Grid

Installation

Copy and paste the GoodGbbi.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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