The US500 Trading Robot EA for Metatrader 4 was developed to trade the US500 index (SPX 500) fully automated.
This expert advisor uses a proprietary trading method to open buy & sell trades when new trading opportunities arise.
The US500 Trading Robot doesn’t trade often, instead, it’s looking for longer-term trade opportunities that could generate bigger profits.
As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Trade Information
The expert advisor uses a fixed stop loss and take profit and it’s possible to use a trailing stop to lock in profits.
Free Download
Download the “US500 Index Auto Trading.ex4” expert advisor
Chart Example
The picture below shows the US500 Trading Robot EA attached to the US500 H1 chart.
Download This Expert Advisor
Download the “US500 Index Auto Trading.ex4” EA
Recommendations & Specifications
- Trading instruments: US500 index (SPX 500 or S&P 500)
- Time frames: M15 and higher
- Minimum account balance: $500
- 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:
Start hour, end hour, points above range, points below range, magic, lot size, penant size, trailing stop, trailing start, trailing stop
How to install and run the US500 Trading Robot?
- 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 US500 Index Auto Trading.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 US500 Trading Robot!