About the NTK-07 Expert Advisor
The NTK-07 Metatrader 4 Expert Advisor is a rules-based automated trading system designed to capture directional moves using a blend of trend confirmation and volatility filters.
The EA combines adaptive entry logic with disciplined trade management to provide a clear, repeatable approach across major currency pairs.
It is optimized for stable brokers and supports multi-pair deployment with separate magic numbers for each chart.
Free Download
Download the “NTK_07.mq4” MT4 robot
Key Features
Adaptive Entry Logic
Uses dynamic filters that evaluate trend direction and volatility to reduce false entries during choppy market phases.
Multi-Mode Execution
Supports conservative and aggressive modes—choose tight, frequent entries for scalping or wider, patient entries for swing trades.
Volatility-Aware Stops
Stops and targets are calculated using ATR multiples to adapt to changing market noise and reduce stop-outs on wide-range candles.
Position & Risk Controls
Offers fixed lot or risk-per-trade sizing, daily loss limits, and max concurrent trades to keep exposure within acceptable bounds.
Session & Spread Filters
Avoids trading during low-liquidity windows and enforces a maximum spread so entries occur only under favorable execution conditions.
Detailed Logging
On-chart markers and detailed logs provide entry reasons, exit triggers, and trade statistics to simplify optimization and review.
Strategy Tester Report
Find below the NTK 07 robot strategy tester report for the EUR/USD forex pair on the 5-minute chart.
Overall Performance
The EA made a total profit of $693097.81 from a total of 777 trades.
The largest winning trade generated $33920.76 in profits, while the largest losing trade generated a loss of $8097.62.
Statistics:
Bars in test: 75940 ticks modelled
Initial deposit: $10000.00
Total net profit: $693097.81
Total trades: 777
Largest profit trade: $33920.76
Largest loss trade: -$8097.62
Consecutive wins: 6
Consecutive losses: 6
How the EA Works
- Monitors trend using moving average alignment and momentum indicators.
- Measures volatility via ATR and sets adaptive stop and target levels.
- Places market or pending orders based on the selected execution mode.
- Applies trailing stop, partial close, and break-even rules to protect gains.
- Respects session and spread filters to avoid poor execution windows.
- Logs trade reasons and statistics for post-trade analysis and optimization.
Download Now
Download the “NTK_07.ex4” Metatrader 4 robot
Parameters & Settings
- Execution Mode — Conservative/Aggressive
- ATR Period & Multiplier for stops and targets
- Trend filter periods and momentum thresholds
- Order type — market or pending; entry offset in pips
- Lot sizing: fixed lot or percent risk per trade
- Trailing stop, break-even trigger, and partial close rules
- Max spread, allowed sessions, and slippage tolerance
- Daily loss limit, max concurrent trades, magic number, and logging level
Recommended Trading Setup
- Pairs: EURUSD, GBPUSD, USDCHF are recommended for starters due to tighter spreads.
- Timeframes: M15–H1 for balanced trade frequency and signal quality.
- Broker: ECN-style broker with low spreads and fast execution.
- Infrastructure: VPS for stable 24/5 operation and minimal slippage.
- Risk management: start with 0.5%–1% risk per trade and scale up only after consistent demo results.
FAQ
Does NTK-07 work with prop firm accounts?
Yes, the EA can be adapted for prop firm rules by lowering risk per trade, limiting daily drawdown, and applying conservative settings.
Can I use NTK-07 alongside other EAs?
Yes, but use unique magic numbers and ensure that account margin and drawdown rules are respected when running multiple robots.
What account size is recommended?
A minimum of $500 is recommended for micro accounts, but $1,000+ allows more flexibility and smoother performance testing.
Does it require a VPS?
While not mandatory, a VPS is strongly recommended to keep trades running smoothly without interruption, especially for lower timeframes.
Is the EA fully automated?
Yes, NTK-07 is fully automated but also allows manual parameter adjustments for traders who prefer to customize entries, exits, and risk settings.
Summary
The NTK-07 MT4 Expert Advisor offers a flexible, volatility-aware approach to automated trading with robust risk controls and clear logging for analysis.
It’s well-suited for traders who prefer systematic entries and adjustable aggression levels.
As with any EA, thorough backtesting and demo forward testing under your broker’s conditions are essential before deploying real capital.
