The Firestorm EA for Metatrader 4 is a profitable Forex scalper robot designed for H1 charts that made $6,644 in 4 trading days.
The expert advisor is optimized for Gold and the major currency pairs. It also works on indices.
The robot can be used in 4 different ways and you can set it up in the inputs section.
All trades are secured by stop loss orders and take profit orders.
In terms of profitability, the EA made $6,644 profit in only 4 trading days from 171 trading positions.
As always, please test the Firestorm EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Find below the detailed Firestorm scalper bot track record (click on the picture for full size view).
- Algo trading: 100%
- Profit: $6,644
- Profitability: 77.27% short and 72.29% long
- Relative drawdown: 2.38%
The picture below shows the Firestorm EA attached to Euro/U.S. Dollar 1-hour trading chart.
Recommendations & Specifications
- Works best on the H1 chart
- Optimized for XAUUSD and major pairs
- Minimum account balance: $200
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Info display, range start pips, close all orders on range hit, max. buy orders, max. sell orders, hard stop loss, start manual order, enable grid?, magic, fixed lot, percent lot, take profit in pips, step lot, moving average settings, HI-LO settings, trailing stop settings, break even settings, news filter, time filter, colors
Download This Expert Advisor
How to install and run the Firestorm Robot in Metatrader 4?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the FIRESTORM.SCALPER.V5.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the Firestorm EA!