The Accelerator Trailing Metatrader 4 Forex Robot is an automated trading software solution built using the Accelerator MT4 technical indicator.
It will buy and sell pairs on autopilot according to the EA’s rules.
It has all the features you can dream of having on a trading robot, and you certainly can never go wrong with features like an automated trailing stop & take profit mechanism that works on all time frames and currency pairs.
When you attain certain pips value with the direction of your trade, the “USE MOVE TO BREAK EVEN” system function makes it possible for you to lock minimal profit and forestall loss when the trade no longer favors you.
Make certain that you experiment a bit with the Accelerator Trailing TP&SL values found within the EA’s properties.
Strategy Tester Report
Find below the Accelerator Trailing TP&SL forex robot strategy tester report for the EUR/USD forex pair on the 4-hour chart.
The EA made a total profit of $7187.71 from a total of 354 trades. The largest winning trade generated $864.60 in profits, while the largest losing trade generated a loss of-$195.68.
Bars in test: 10260 ticks modelled
Initial deposit: $10000.00
Total net profit: $7187.71
Total trades: 354
Largest profit trade: $864.60
Largest loss trade: -$195.68
Consecutive wins: 3
Consecutive losses: 2
MT4 Forex Robot Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Expert advisor
Input Parameters: Enable “no loss,” When to move break even, How much pips to move sl, Lots size, MaximumRisk, DecreaseFactor, TrailingStop, Stop Loss, MagicNumber…
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Copy and paste the Accelerator Trailing TP&SL.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)