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Pull Back Metatrader 4 Forex Robot

    The Pull Back Metatrader 4 Forex Robot is an automated trading system that triggers buy/sell market signals when there’s a pull back inside the trend that is generated from an algorithm of two moving averages.

    A market pullback is said to take place when price declines during an uptrend, or a rising price that trails a downtrend.

    Although, the Pull Back expert advisor has been optimized for the EUR/USD on the 1-Day chart, the EA should work flawlessly on all time frames with any major currency pair such as GBP/USD, USD/JPY,…

    Free Download

    Download the “PULL BACK.mq4” MT4 robot

    Strategy Tester Report

    Find below the PULL BACK forex robot strategy tester report for the EUR/USD forex pair on the daily chart.

    Overall Performance

    The EA made a total profit of $6410.69 from a total of 103 trades. The largest winning trade generated $521.48 in profits, while the largest losing trade generated a loss of-$319.87.

    Statistics:

    Bars in test: 2353 ticks modelled

    Initial deposit: $10000.00

    Total net profit: $6410.69

    Total trades: 103

    Largest profit trade: $521.48

    Largest loss trade: -$319.87

    Consecutive wins: 4

    Consecutive losses: 1

    Download

    Download the “PULL BACK.ex4” Metatrader 4 robot

    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, MaimumRisk, DecreaseFactor, TrailingStop, Stop Loss, MagicNumber, TakeProfit, FastMA, SlowMA, Distance, Momentum_Sell, Momentum_Buy

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

    Type: MA | Pullback

    Installation

    Copy and paste the PULL BACK.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)

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