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Coin Flip Metatrader 4 Forex Robot

    The Coin Flip Metatrader 4 Forex Robot is an algorithmic trader that does not employ any custom indicator to trigger entry/exit of market positions.

    Instead, the Coin Flip forex robot deploys a set of logic that allows it open orders pseudo-randomly.

    Howbeit, the expert advisor is also known to have a virtual trailing stop.

    What’s more, the EA increases its lot size (via the use of the martingale system) of the positions it initiates after a loss using the specified parameters.

    This iteration is adapted for quotes that carry 4-5 digits.

    Deals are triggered on the Coin Flip forex robot using the Market Execution mode.

    Free Download

    Download the “coin_flip.mq4” MT4 robot

    Strategy Tester Report

    Find below the Coin Flip forex robot strategy tester report for the EUR/USD forex pair on the 4-Hour chart.

    Overall Performance

    The EA made a total profit of $122.25 from a total of 113 trades. The largest winning trade generated $24.83 in profits, while the largest losing trade generated a loss of-$18.97.


    Bars in test: 1124 ticks modelled

    Initial deposit: $1000.00

    Total net profit: $122.25

    Total trades: 113

    Largest profit trade: $24.83

    Largest loss trade: -$18.97

    Consecutive wins: 3

    Consecutive losses: 2


    Download the “coin_flip.ex4” Metatrader 4 robot

    MT4 Forex Robot Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: Expert advisor

    Input Parameters: Risk, Lot, Martingale, MaxLot, TakeProfit, StopLoss, MaxAttempts, Pause, Slippage, TrailingStart, TrailingStop, Magic, Com, DrawInfo, Languages, TextColor

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

    Type: Martingale


    Copy and paste the coin_flip.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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