About the BladeRunner Expert Advisor
The Bladerunner Metatrader 4 Forex Robot is an automated forex trading software that utilizes the Fractals indicator and 20-period moving average to initiate buy/sell positions that are entered and managed on an autopilot basis.
The Bladerunner forex robot can be installed on limitless practice and real accounts.
Also note that the Bladerunner expert advisor does not draw any indicator on the chart; instead, you’ll find a smiley face at the top right corner of the chart window upon adding the forex robot.
The smiley face reverts to a sad face when the “Auto Trading” button is deactivated.
The best results so far are seen on the 1-hour chart of the EUR/USD pair.
Free Download
Download the “Bladerunner.mq4” MT4 robot
Key Features
EMA-Based Trend Detection
Uses exponential moving averages to determine the prevailing market trend and identify high-probability entry opportunities.
Price Action Confirmation
Combines EMA feedback with price action signals to enhance entry precision—capturing momentum while filtering out noise.
Scalable Timeframe Support
Optimized for 4H, 1H, and 30M charts—but also adaptable to other timeframes when fine-tuned.
Flexible Risk Parameters
Offers both fixed and automatic lot-sizing modes to accommodate different risk preferences and account sizes.
Stop-Loss, Take-Profit & Trailing Stop
Includes configurable stop-loss, take-profit, and optional trailing stop for robust exit management.
Strategy Tester Report
Find below the Bladerunner forex robot strategy tester report for the EUR/USD forex pair on the 1-hour chart.
Key Performance
Backtesting and demo-forward tests show that BladeRunner consistently exploits trend channels and quick scalps when properly configured.
It performs well across multiple timeframes, balancing trade frequency with disciplined risk controls.
Ideal for traders aiming to harness structured trends rather than relying on over-optimized or curve-fit strategies.
The EA made a total profit of $5622.16 from a total of 1276 trades.
The largest winning trade generated $154.88 in profits, while the largest losing trade generated a loss of $91.13.
Statistics:
Bars in test: 33003 ticks modelled
Initial deposit: $50000.00
Total net profit: $5622.16
Total trades: 1276
Largest profit trade: $154.88
Largest loss trade: -$91.13
Consecutive wins: 5
Consecutive losses: 1
How the EA Works
- Analyzes exponential moving averages to identify the current market trend.
- Monitors price interaction with EMAs to signal entry triggers.
- Launches market orders when both trend and price-action conditions align.
- Calculates the appropriate lot size based on fixed or auto lot sizing setting.
- Applies stop loss, take profit, and optional trailing stop dynamically as set.
- Exits trades as soon as targets are met or trend signal reverses (if configured).
Download Now
Download the “Bladerunner.ex4” Metatrader 4 robot
Parameters & Settings
- LotMode – choose between fixed or auto lot sizing
- FixedLotSize – amount per trade when using fixed mode
- AutoBalancePerLot – balance amount per lot for auto mode
- StopLoss – stop-loss distance in pips
- TakeProfit – take-profit distance in pips
- TrailingStop – optional trailing stop pips amount
- EMA_Period – period for the main exponential moving average
- FirstClose / LastClose – settings for staggered trend exit points
- MagicNumber – unique ID to track EA transactions
Recommended Trading Setup
- Currency Pairs: EURUSD, GBPUSD, USDCHF—major pairs with strong trend potential
- Timeframes: Favors 4H, 1H, and 30M, adjustable based on your trading style
- Broker: ECN or low-spread broker with reliable execution
- Risk Settings: Start with modest risk per trade and scale after testing
- Environment: Use VPS hosting to maintain consistent trade execution during key trend moves
FAQ
Q: Does the EA trade news events?
A: No, BladeRunner is not designed for high-impact news trading. It works best in trending market conditions without sudden volatility spikes.
Q: How many trades does it open per day?
A: The frequency depends on the timeframe and market conditions. On 1H charts, expect 2–5 trades daily on major pairs, while higher timeframes trigger less often.
Q: Can it run on multiple charts at once?
A: Yes, you can attach the EA to several charts and pairs simultaneously. Just use unique Magic Numbers for each instance to avoid trade overlap.
Q: Does it require manual intervention?
A: No, BladeRunner is fully automated. However, traders may choose to monitor performance and adjust parameters based on account goals.
Q: What account size do I need?
A: A minimum of $200 is recommended for micro-lot trading, but larger accounts allow more flexibility and smoother money management.
Summary
The BladeRunner Metatrader 4 Forex Robot is a versatile trend-catching EA that leverages EMA and price-action logic for structured scalping and trend-following trades.
With multiple exit strategies, custom risk options, and timeframe flexibility, it’s suitable for both cautious and advanced traders.
