Skip to content

Money Management Metatrader 4 Forex Robot

    The Money Management Metatrader 4 Forex Robot is an expert advisor that triggers buy/sell signal alerts using a money management strategy as its building block.

    In essence, the forex robot uses a set of logic that is dependent on money management techniques.

    It therefore relies on the effective manipulation of position sizes on varying trades to ensure an overall profit.

    The expert advisor guarantees the modest and steady growth of position sizes alongside equity growth.

    However, the Money Management EA has a default maximum lot (MaxLot) size value of 10, whereby positions can increase to.

    Free Download

    Download the “Tester_v0_15_.mq4” MT4 robot

    Strategy Tester Report

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

    Overall Performance

    The EA made a total profit of $8866630.79 from a total of 546 trades. The largest winning trade generated $16800.00 in profits while the largest losing trade generated a loss of-$1258.69.


    Bars in test: 16752 ticks modelled

    Initial deposit: $10000.00

    Total net profit: $8866630.79

    Total trades: 546

    Largest profit trade: $16800.00

    Largest loss trade: -$1258.69

    Consecutive wins: 18

    Consecutive losses: 1


    Download the “Tester_v0_15_.ex4” Metatrader 4 robot

    MT4 Forex Robot Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: Expert advisor

    Input Parameters: UseMM, Risk, Lot, MaxLot, MinSignSum, PrintSums, TimeClose, BarsNumber, TakeProfit, StopLoss, Magic

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

    Type: Money Management


    Copy and paste the Tester_v0_15_.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)

    Share this post!