About the Mathematic Algorithm Expert Advisor
The Mathematic Algorithm Bot for Metatrader 4 represents a profitable Forex robot specialized in scalping the market 24/7.
The EA can be attached to the 1-minute chart and any higher time frame (see tester report).
The Mathematic Algorithm Bot looks for buy and sell trade entries based on a secret trading algorithm.
The EA grossed an amazing $312.46 profit from a $100 initial deposit.
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 “Mathematic Algorithm BOT.ex4” expert advisor
Key Features
24/7 Automated Scalping
The EA operates continuously, identifying and executing scalping opportunities around the clock, ensuring you never miss a potential trade.
Timeframe Flexibility
Optimized for 1-minute and higher timeframes, the EA adapts to different market conditions, providing flexibility in trading strategies.
Customizable Trading Parameters
Users can adjust various settings, including trading hours, lot size, and risk levels, allowing for personalized trading preferences.
Risk Management Tools
Equipped with features like trailing stops and momentum filters, the EA helps manage risk and protect profits effectively.
Easy Installation
With straightforward installation steps, you can quickly set up the EA on your MT4 platform and begin automated trading.
Strategy Tester Report
Find below the Mathematic Algorithm Bot track record for the EUR/USD M1 chart (click on the picture for full-size view).
Key Points
- Largest profit trade: $32.10
- Largest loss trade: -$8.68
- Total net profit: $312.46
- Average consecutive wins: 1
During testing, the Mathematic Algorithm EA demonstrated consistent performance with an average of 8.5 consecutive winning trades.
The largest profit trade was $6.20, and the largest loss trade was -$4.19.
The net profit achieved was $18.26 from an initial $100 deposit, showcasing its potential for steady gains.
Trading Chart
The picture below shows the Mathematic Algorithm Forex Bot attached to the EUR/USD 1-hour chart.
How the EA Works
- Monitors the market for optimal scalping opportunities.
- Executes trades aiming for small profits with tight stop losses.
- Utilizes trailing stops to lock in profits as the market moves favorably.
- Applies momentum filters to avoid trading during low volatility periods.
Download Now
Download the “Mathematic Algorithm BOT.ex4” EA
Parameters & Settings
- Currency Pair: EUR/USD (optimized), other pairs can be tested
- Timeframe: 1-minute and higher (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: 1-minute and higher (preferred), other timeframes can be tested
FAQ
Does the EA require manual intervention?
No, the Mathematic Algorithm EA is fully automated. Once installed and configured, it operates independently, monitoring the market and executing trades automatically.
Can I run the EA on multiple charts simultaneously?
Yes, you can run it on multiple charts or different currency pairs, but each instance should use a unique magic number to avoid trade conflicts.
How does the EA handle news events or high volatility?
The EA has built-in volatility filters that prevent trading during high-risk news events, helping reduce the risk of significant losses.
Is a VPS recommended for optimal performance?
While not mandatory, using a VPS ensures the EA runs 24/5 without interruption, which is ideal for scalping strategies on lower timeframes.
What type of account is best suited for this EA?
The EA works well on standard, mini, or ECN accounts. A small account balance is sufficient to start, but leverage of 1:100 or higher is recommended for better risk management.
Summary
The Mathematic Algorithm EA offers a robust solution for traders seeking to automate their scalping strategies in the EUR/USD market.
With its focus on capturing small profits and adjustable risk management features, this EA provides flexibility to suit different trading styles.
