About the Revolution Expert Advisor
The Revolution EA for Metatrader 4 is a Forex trading robot designed to scalp the market for 10 pips profit per trade.
The expert advisor performs the best when attached to the 30-minute and 1-hour charts; naturally, you can test it on the smaller time frames as well.
The Revolution EA uses a proprietary trading system to trade the currency market on your behalf.
It rarely trades, so attach the EA to a basket of different currency pairs.
The EA gained 148 pips on the Euro / U.S. Dollar H1 chart during the test period.
This automated robot should work with any Forex broker and currency pair of your preference.
As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Free Download
Download the “REVOLUTION.ex4” expert advisor
Key Features
Scalping Strategy
The EA employs a scalping strategy, targeting 10 pips profit per trade, suitable for traders seeking quick returns.
Low Trade Frequency
With a focus on quality over quantity, the EA executes trades infrequently, reducing exposure to market volatility.
Optimized for EUR/USD
While the EA is optimized for the EUR/USD pair, it can be tested on other currency pairs to assess its performance.
Customizable Settings
Users can adjust various parameters, including lot size, profit target, and risk settings, to align with their trading preferences.
Broker Compatibility
The Revolution EA is compatible with any Forex broker that supports MetaTrader 4, providing flexibility in broker selection.
Strategy Tester Report
Find below the Revolution EA track record for the EUR/USD H1 chart (click on the picture for full-size view).
Key Points
- Largest profit trade: $6.2
- Largest loss trade: -$4.19
- Total net profit: $18.26
- Average consecutive wins: 8.5
During the testing phase, the Revolution EA achieved a net profit of $18.26 from an initial $100 deposit.
The largest profit trade was $6.20, and the largest loss trade was -$4.19.
The average consecutive wins stood at 8.5.
Trading Chart
The picture below shows the Revolution EA attached to the EUR/USD 1-hour chart.
How the EA Works
- Monitors the EUR/USD market for optimal scalping opportunities.
- Executes trades aiming for a 10-pip profit per trade.
- Utilizes adjustable risk management settings to control exposure.
- Closes trades promptly to secure profits and minimize losses.
Download Now
Download the “REVOLUTION.ex4” EA
Parameters & Settings
- Currency Pair: EUR/USD (optimized), other pairs can be tested
- Timeframe: M30 and H1 (preferred), other timeframes can be tested
- Lot Size: Adjustable based on account balance
- Take Profit: Customizable per user preferences
- Stop Loss: Configurable per user preferences
- Maximum Spread: Adjustable tolerance
- Trading Hours: Define start and stop times for trading
- Magic Number: Unique identifier for trades
Recommended Trading Setup
- Broker: Any MT4-compatible broker
- Account Type: Standard or ECN
- Minimum Account Balance: $100
- Leverage: 1:100 or higher
- VPS: Recommended for 24/5 operation
- Timeframe: M30 and H1 (preferred), other timeframes can be tested
FAQ
How does the EA handle sudden market spikes?
The Revolution EA includes built-in safeguards and risk management settings to reduce exposure during sudden market volatility, helping protect your account.
Can I run multiple instances of the EA on the same account?
Yes, you can run multiple instances, but make sure each has a unique magic number to prevent trade conflicts.
Is prior trading experience required to use this EA?
No, the EA is fully automated, making it suitable for beginners, but understanding basic Forex concepts can help optimize performance.
Can the EA work on other currency pairs besides EUR/USD?
While it is optimized for EUR/USD, you can test it on other pairs, but performance may vary and requires careful monitoring.
Does the EA require a VPS for continuous operation?
Using a VPS is recommended for uninterrupted trading 24/5, but it is not strictly necessary if your computer and internet connection are stable.
Summary
The Revolution EA offers a robust solution for traders seeking to automate their scalping strategies in the EUR/USD market.
With its focus on capturing 10 pips per trade and adjustable risk management features, this EA provides flexibility to suit different trading styles.
