Zig And Zag Trader Metatrader 4 Forex Robot

The Zig And Zag trader Metatrader 4 Forex Robot is an expert advisor that adopts the Zig Zag custom indicator in delivering buy/sell market signals.

Ostensibly, the set of logic that defines the buy/sell auto trading alerts is designed to automatically trigger a buy position when the upper Zig Zag appears and a sell order when the lower Zig Zag pops up.

The default parameter for the robot is best suited for trading and should be allowed to run on the 5 Minute charts.

As a final point, with 7 configuration parameters, the EA enjoys an enormous amount of robustness.

Free Download

Download the “ZigAndZag_trader.mq4” MT4 robot

Strategy Tester Report

Find below the Zig And Zag trader robot strategy tester report for the EUR/USD forex pair on the 5-Minute chart.

Overall Performance

The EA made a total profit of $1528.14 from a total of 183 trades. The largest winning trade generated $245.49 in profits, while the largest losing trade generated a loss of-$78.51.

Statistics:

Bars in test: 27052 ticks modelled

Initial deposit: $10000.00

Total net profit: $1528.14

Total trades: 183

Largest profit trade: $245.49

Largest loss trade: -$78.51

Consecutive wins: 2

Consecutive losses: 2

Download

Download the “ZigAndZag_trader.ex4” Metatrader 4 robot

MT4 Forex Robot Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: Expert advisor

Input Parameters: Lots, ZZbar, Closebar, Maxord, SI, Tp, magic

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

Type: ZigAndZag

Installation

Copy and paste the ZigAndZag_trader.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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