TrendTrader Reverse Oscillator MT4 EA – steady, long-term profits

Version =>FreePaid ($10 per MT4 Acc)
Action =>
193 Downloads
Works on Demo accounts?YESYES
Works for backtesting?YESYES
Works on Live accounts?NOYES
Minimum balance4000 base currencyCan be customized on request. We recommend at least 200 base currency for each pair you wish to use this EA on. Preferred 4000 base currency.

Live testing results from myfxbook:


Features:

No hedging – perfectly legal and accepted in all regions. Follows all USA-rules like FIFO etc.

No complex input parameters to play with – download and run as-is. No complex settings, no hassles of any type.

Adjusts the lot sizes as per the account size. Needs minimum 4000 base currency balance assuming you will run the EA on all 28 major currency pairs.

You can choose if you wish to open only long or only short positions or both. This is useful in case you want to save on swaps and interests.


Important notes and warning:

This EA can cause deeper drawdowns! This is not for weak at heart. If you are not comfortable, please don’t use this EA.

Try to run the EA simultaneously on multiple major currency pairs – this will avoid dependency on any single pair and possible significant drawdowns.

EA is not tested on currency pairs outside of the 28 major pairs. Try them at your own risk.

This EA is backtested on Forex.com account as well as on OandA account. Other platforms are not used for testing yet.


Terms of purchase

Live version is hard-coded with MT4 account number. So you must provide your MT4 account number either with the payment or after the payment via email.

We will customize the Live version EA and send you the file that will work only on the provided MT4 account.

There is no phone support.

You are expected to do thorough backtesting using the free demo version before making purchase and using the EA on live accounts. We cannot be held responsible for any outcome.

This EA will run only on H4 charts. It is hardcoded to run only on H4 charts. On any other timeframe, it will not initialize.

Payments via PayPal only. No other payment options available at this point.

This EA is not backtested on any platform other than OANDA and Forex.com. Results on other platforms may be different.


Backtesting results (sample):

Backtesting on GBPUSD from 11-Jan-2015 to 11-Jan-2020 on H4 chart
Backtesting on AUDCAD from 1-Jan-2020 to 1-Jan-2020 on H4 chart
Version =>FreePaid ($10 per MT4 Acc)
Action =>
193 Downloads
Works on Demo accounts?YESYES
Works for backtesting?YESYES
Works on Live accounts?NOYES
Minimum balance4000 base currencyCan be customized on request. We recommend at least 200 base currency for each pair you wish to use this EA on. Preferred 4000 base currency.
293 Total Views 7 Views Today

Leave a Reply

Risk warning: Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. More over, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses.