Forex Truck EA V1.0 for MT4 is a completely automated trading robot designed for the MetaTrader 4 platform. It can trade across all currency pairs and is built on a simple yet highly effective trading algorithm.
Introduction
Category – Expert Advisor (EA Robot )
Version –
Build – v1.0
Platform – Metatrader 4
Key Features of Forex Truck
- Expert Capital Management: Each open trade includes integrated take profit (TP) and stop loss (SL) settings.
- Straightforward Algorithm: The EA utilizes a straightforward and dependable trading algorithm.
- Versatile and Professional: This EA can be customized to trade across any currency pair.
- Automated System for Easy Use: The fully automated trading system minimizes risks associated with trading psychology.
Settings
Trading Platform: MetaTrader 4 (MT4)
Supported Currency Pair: GBP/USD
Timeframe: Hourly (H1)
Minimum Investment: $500
Product Category: NoDLL / Unlimited / Fixed
Performance Analysis
How to Install and Set Up Forex Truck on MT4
- Download the EA: Get the Forex Truck EA file (.ex4 or .mq4).
- Open MT4: Launch the MetaTrader 4 platform.
- Copy the EA:
- Go to File > Open Data Folder > MQL4 > Experts.
- Paste the EA file here.
- Restart MT4: Close and reopen the platform.
- Attach the EA:
- Open the Navigator panel.
- Drag and drop the Forex Truck EA onto a chart.
- Enable Trading: Check “Allow automated trading” in the EA settings.
- Start Trading: Click OK to activate the EA.
You’re ready to trade!
Demo Account Testing
If you are an expert or a beginner in forex, it’s essential to test any EA on a demo account before investing real money.
Pros and Cons
Pros:
- Fully Automated: Saves time and effort.
- User-Friendly: Easy to install and set up.
- Versatile: Trades all currency pairs.
- Effective Algorithm: Reliable performance.
Cons:
- Market Risks: Inherent risks of forex trading.
- Less Control: Limited control over individual trades.
- Tech Dependency: Needs a stable internet connection.
- Variable Performance: Results can vary with market conditions.
Download Free
This is the free version of the official EA. If you enjoy the free download, please refer our site to a friend.