About the Swing Killer Expert Advisor
The Swing Killer Forex robot for Metatrader 4 is a profitable EA that identifies the key overbought and oversold technical levels.
Generally speaking, the robot looks for either trend reversal or trend continuation signals around these levels.
For example:
- In an uptrend, it waits for the price to reach key oversold levels and then enters a long trade using a buy pending order.
- In a downtrend, it waits for the price to reach key overbought market levels and then enters a short trade using a pending short order.
The expert advisor made an amazing +316.53% profit in 3 years of trading with a very acceptable 8.65% drawdown.
It works on any currency pair of your preference; however, since it’s a scalper EA, deploy it on the low spread currency pairs.
All trades are fully secured by a stop loss and take profit order. Stop losses are based on the Average True indicator (ATR).
As always, please test the 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 “Swing Killer EA.ex4” expert advisor
Key Features
Multi-Timeframe Swing Detection
Combines signals across multiple timeframes (e.g., H4 and H1) to confirm meaningful swing points and reduce false entries.
Trend Strength Filters
Employs internal momentum and trend-strength filters to ensure entries align with prevailing market direction for higher probability trades.
Adaptive Risk Management
Dynamically adjusts position size, stop loss, and take profit levels based on current market volatility and account equity.
Swing-Aware Entry Logic
Detects retracements within broader swings, allowing the EA to enter nicely timed reversal pulls rather than chasing price action.
Spread & Time Filters
Limits trading during periods of wide spreads or sessions with low liquidity to reduce slippage and improve execution quality.
MyFXBook Trading Results
Find below the detailed Swing Killer track record (click on the picture for full-size view).
Key Points
- Gain: +316.53%
- Daily gain: 0.12%
- Monthly gain: 3.68%
- Drawdown: 8.65%
Demo and live MyFXBook results illustrate the EA’s ability to produce steady swing-trade profits.
In a 3-month demo run, the account grew approximately 8.5%, while maximum drawdown remained under 5%.
These results suggest a stable return pattern, though actual performance may vary—demo testing is essential before live deployment.
Trading Chart
The picture below shows the Swing Killer EA attached to the Euro/U.S. Dollar 5-minute trading chart.
How the EA Works
- Scans selected forex pairs on higher and lower timeframes for swing highs and lows.
- Applies trend filters to confirm that swings align with prevailing momentum.
- Calculates risk-adjusted lot size and sets proper stops and targets based on volatility.
- Enters trades on confirmed retracements, aiming to capture swing moves in alignment with trend strength.
- Prevents entries during wide spreads or defined low-liquidity time windows.
Download Now
Download the “Swing Killer EA.ex4” EA
Parameters & Settings
- MultiTF_Mode (enables multi-timeframe swing detection)
- RiskPercent (percentage of account per trade)
- ATR_Period & ATR_Multiplier (volatility-based stop calculation)
- TrendFilterStrength (threshold for confirming trend direction)
- MaxSpread_Pips (maximum allowable spread)
- TradeStartHour / TradeEndHour (session control)
- StopLoss_Pips
- TakeProfit_Pips
- EnableTrailing (true/false)
- TrailingStart_Pips / TrailingStep_Pips
Recommended Trading Setup
- Use major pairs such as EURUSD, GBPUSD, USDJPY on H1 or H4 charts.
- Start with a demo account and maintain proper risk control (under 1% per trade).
- Apply low-spread accounts for cleaner trade execution.
- Test across trending and ranging market conditions to evaluate EA adaptability.
- Run consistently (e.g., on VPS) to avoid connection delays and missed signals.
FAQ
Is Swing Killer suitable for beginners?
Yes—it automates swing detection and risk control, but beginners should monitor performance on demo before trading live.
Does it work in all market conditions?
The EA adapts to both trending and sideways markets using multi-timeframe and trend filters, though performance may vary—testing in varied conditions is advised.
Can I adjust risk levels?
Absolutely—the RiskPercent parameter allows easy tuning of per-trade exposure to match your risk tolerance.
Summary
The Swing Killer Forex Robot MT4 is a swing-trade-focused EA that uses multi-timeframe analysis, trend filters, and adaptive risk control to capture reliable market swings.
With built-in spread control, session filters, and clear entry logic, it’s designed for steady performance with minimized drawdown.
