Another standout feature is the optional News Filter. This tool allows this Free Expert Advisor to consider important financial news and events that can impact currency markets and stop trading. By filtering out trading during high-impact news events, it further shields the trader’s investments from unforeseeable market volatility.
Please test in a demo account first for at least a week. Also, please familiarize yourself and understand how this Super Turbo MT4 works, then only use it in a real account.
Recommendations for Free Expert Advisor
- Minimum account balance of 200$.
- EA is specially made to work on AUDUSD, NZDUSD, NZDCAD, AUDCAD, USDCAD, EURCAD, AUDCHF, AUDNZD, GBPUSD, and EURUSD. (Work on any currency pair)
- It works best on M15. (Work on any TimeFrame)
- This Free Expert Advisor should work on VPS continuously to reach stable results.
Input Parameters
- Choose EA – Select the currency pair you want the EA to trade.
- StopLoss – Set the maximum loss you will take on each trade.
- Take Profit – Set the profit target for each.
- Maximum Spread – Set the maximum allowed spread before the EA places an order.
- Trade Comment – Add a comment that will be displayed with each trade.
- Magic Number – Set a unique number to help the EA recognize its orders.
- Management – Choose between Fixed Lot or Auto Lot money management.
- Fixed Order Size – Choose Fixed Lot money management, and it allows you to set the fixed lot size for each trade.
- Increasingly – This setting is only applicable if you choose AutoLot money management.
The Super Turbo EA algorithms, robust risk management, and user-friendly features make it a reliable tool for traders aiming to enhance their trading performance. For novice or seasoned traders, the Super Turbo MT4 is a promising a more disciplined, efficient, and potentially profitable forex trading experience.