Skip to content

About the Mad Max Forex Robot Expert Advisor

The Mad Max Forex Robot for Metatrader 4 is a profitable EA utilizing a proprietary trading method to accurately forecast future price movements.

The EA incorporates the overbought/oversold RSI indicator in its calculations, enabling precise identification of optimal trade entry points.

Over a span of four years, the Mad Max EA has exhibited consistent growth, impressively yielding a +316.75% gain on the trading account thus far.

For optimal trading results, it is highly recommended to deploy the Mad Max trading bot on the lower spread currency pairs.

All buy and sell transactions are safeguarded by carefully set stop losses and take profit targets.

The expert advisor avoids any risky trading tactics like martingale and grid strategies.

Worth noting: the Mad Max trading chart presents a convenient table showcasing the total profits for the current day, week, month, quarter, and year.

Before implementing the EA on a live trading account, we advise thorough testing on a demo account for a minimum of 60 days to ensure its effectiveness.

Free Download

Download the “EA Mad Max.ex4” expert advisor

Key Features

Aggressive Momentum Entries

Mad Max seeks strong price acceleration and breakout patterns to initiate high-conviction entries, aiming for timely capture of trending moves.

Multi-Filter Signal Validation

Trade triggers are confirmed only when multiple indicators align—such as moving averages, trend strength, and volatility filters—reducing exposure to false breakouts.

Dynamic Risk Control

Includes adjustable risk-per-trade options, fixed stop-loss and take-profit, and optional trailing logic to protect profits while minimizing drawdown.

Session Restriction

Campaigns can be limited to highly liquid trading windows—like London or New York sessions—to optimize execution quality and reduce slippage.

Equity Shield & Auto-Pause

Trading halts automatically if account equity drops below a set threshold. This feature helps control crisis scenarios and preserve capital.

Scalping & Trend Hybrid

Blends quick scalp opportunities with longer-term trend execution, providing a versatile trading approach that adapts to changing markets.

MyFXBook Trading Results

Find below the detailed Mad Max EA track record. Please click on the image to view it in full size.

Key Points

  • Algo trading: 100%
  • Total Gain: +313.75%
  • Daily gain: 0.11%
  • Monthly gain: 3.25%
  • Drawdown: 8.65%

When tracked on a verified analytics platform, Mad Max Forex Robot typically shows a mix of frequent trades and periodic strong trends.

A healthy profile offers consistent equity increases, controlled drawdown, and favorable trade frequency—suggesting disciplined automation rather than random spikes.

Trading Chart

The picture below shows the Mad Max Forex Robot attached to the EUR/USD 5-minute trading chart.

How the EA Works

  • Continuously scans for momentum surges and breakout thresholds aligned with trend indicators.
  • Validates trades using multiple signal layers to filter out noise-driven moves.
  • Executes trades with customizable stop-loss and take-profit levels; optional trailing helps lock gains.
  • Restricts trading to defined session windows for better liquidity and execution.
  • Monitors equity to halt trading immediately if the drawdown limit is triggered.
  • Suits both quick scalps and longer trend-following trades depending on market dynamics.

Download Now

Download the “EA Mad Max.ex4” EA

Parameters & Settings

  • Risk per Trade (% of Equity or Fixed Lot Size)
  • Stop-Loss / Take-Profit Levels (Fixed or ATR-Based)
  • Trailing Stop (Distance or Activation Threshold)
  • Session Filters (e.g., London, New York)
  • Equity Drawdown Limit (Absolute Amount or Percentage)
  • Scalp Mode / Trend Mode (Toggle Ability)
  • Magic Number (For Multi-EA Management)

Recommended Trading Setup

  • Use on major pairs such as EURUSD, GBPUSD, USDJPY with M30 or H1 timeframes.
  • Run on low-spread ECN accounts or raw spreads for precise execution.
  • Host on a reliable, low-latency VPS to ensure uninterrupted operation.
  • Backtest using historical tick data; perform at least 4 weeks of forward-testing in demo before live deployment.
  • Start conservatively—0.5–1% risk per trade—then scale if performance remains stable.

FAQ

Does it use risky strategies like martingale or grid?

No. The EA uses single-entry strategies with prudent risk control. There are no built-in martingale or grid logic in the default setup.

Which strategy style does it follow—scalping or trend?

It supports both. You can toggle between scalp or trend modes, depending on market momentum and your personal approach.

Summary

Mad Max Forex Robot for MT4 is a dynamic and aggressive Expert Advisor that blends breakout precision with strategic risk management.

Equipped with multi-filter validation, session control, scalable strategies, and drawdown protection, it offers both opportunity and safety.

Download it free, extensively backtest and demo-test it, and tailor the settings to match your broker and risk appetite.

Share this post!