About the Tiger EA Expert Advisor
The Tiger EA Metatrader 4 Forex Robot is an algorithmic trader that determines buy and sell market signals using a set of Moving Averages.
It is worth noting that the Tiger EA also utilizes the RSI and ADX technical indicators to filter out market noise further.
The forex robot performs quite well, although it requires a large stop loss to achieve this.
Having said that, the Tiger EA works best on the EUR/USD currency pair, considering all the back testing carried out on the pair.
Testing on other symbols and time frames looks abysmal.
The optimization settings on the Tiger EA are not overly robust, but with some help, traders can edit some of its MQL4 code for a more personalized feel.
Free Download
Download the “tiger.mq4” MT4 robot
Key Features
Adaptive Trend Filter
Tiger EA uses a multi-timeframe trend filter to align trades with the dominant market direction and avoid choppy ranges.
Volatility Entry Engine
Entries are triggered by volatility breakout signals calibrated to reduce false breakouts during low-liquidity periods.
Dynamic Money Management
Position sizing automatically adjusts based on account balance, risk percentage, and recent trade performance.
Smart Trailing & Exit Rules
Take profit, stop loss and adaptive trailing stop rules lock in profits while allowing winners to run when momentum continues.
Strategy Tester Report
Find below the Tiger EA strategy tester report for the EUR/USD forex pair on the Daily chart.
Overall Performance
The EA made a total profit of $7406.00 from a total of 70 trades.
The largest winning trade generated $140.00 in profits, while no losing trade was reported during the testing period.
Statistics:
Bars in test: 1312 ticks modelled
Initial deposit: $5000.00
Total net profit: $7406.00
Total trades: 70
Largest profit trade: $140.00
Largest loss trade: -$0.00
Consecutive wins: 70
Consecutive losses: 0
How the EA Works
- Monitors configured currency pairs and timeframes for trend alignment.
- Waits for a volatility breakout that meets filter criteria to open a position.
- Applies a fixed initial stop loss and a dynamic take profit or trailing stop.
- Adjusts lot size per trade according to account risk settings.
- Closes positions automatically on end-of-day or adverse market conditions if enabled.
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Download the “tiger.ex4” Metatrader 4 robot
Parameters & Settings
- RiskPercent — percentage of account risk per trade.
- MaxSpread — maximum allowed spread to open new trades.
- TrendTF — timeframe used for trend confirmation (e.g., H4).
- EntryVolatilityMultiplier — sensitivity for volatility-based entries.
- TrailingStart — profit level (pips) where trailing begins.
- TrailingStep — trailing increment in pips.
- MaxTrades — maximum concurrent trades allowed per pair.
Recommended Trading Setup
- Pairs: EURUSD, GBPUSD, USDJPY (major pairs with tight spreads).
- Timeframes: H1 for entries, H4 for trend confirmation.
- Account: ECN or low-spread broker with reliable execution.
- Risk: 0.5%–2% per trade, depending on account size and risk tolerance.
- Session: Prefer London and New York overlap for higher volatility.
FAQ
Is Tiger EA suitable for beginners?
Yes — it comes with a recommended settings file and a simple installation guide. Beginners should test on a demo account first.
What broker type is best?
Choose an ECN or low-spread broker with low slippage and fast order execution for the best results.
Can I run the EA on multiple pairs?
Yes — the EA supports multiple charts, but be mindful of the MaxTrades and overall account risk aggregation.
Does Tiger EA use martingale or grid?
No — Tiger EA uses fixed risk sizing and adaptive management, avoiding high-risk martingale or grid methods by default.
How do I optimize settings?
Start with the included .set file, run forward tests on a demo for 1–3 months, and adjust RiskPercent and EntryVolatilityMultiplier to match your account and broker.
Summary
Tiger EA is a versatile MT4 Expert Advisor designed to capture trend-following moves while controlling risk.
With adaptive filters, volatility-based entries, and automated money management, it provides a balanced automated approach suitable for traders wanting reliable, repeatable trading behaviour.
Download the free package, test on a demo, and use the recommended settings to begin.
