Elusion EA MT4 (Official version) | Unbounded

What is Elusion EA MT4?

Elusion EA MT4 is a sophisticated Forex trading robot designed to trade currency pairs using volatility and standard price range analysis. This EA places trades when the market breaks through the standard price range and all predefined trading conditions are met. It is optimized for M1 timeframe but can be adapted for other charts, making it suitable for both beginner and experienced traders.

Vendor website 

About the Developer

• Author:  Marek Kvarda
• Experience: Over +9 years of experience on MQL5.
• Notable Products: Elusion MT4, Forebot MT4, FXbot mt4, Triton MT4, Edger MT4 and other advisors.
• Flagship Product: Elusion EA MT4 is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

Overview

Main Features of Elusion EA MT4

• Volatility-Based Trading: Uses advanced methods to measure market volatility and standard price ranges.
• Single Trade Management: Always keeps one trade open, secured with a small StopLoss for safety.
• Breakout Strategy: Executes trades when the market breaks the standard price range and conditions are satisfied.
• User-Friendly Setup: Simple configuration designed to be understandable even for beginners.
• Optimized for Low Costs: Works best with brokers offering low fees and minimal slippage.

Additional Features

• Customizable Timeframe: AnalysisTF allows you to select the timeframe for calculations and trade analysis.
• Adjustable Lot Size & Risk Management: Supports fixed lot size and automatic lot calculation based on SL and risk percentage.
• TakeProfit & StopLoss Controls: Includes TP, SL, and SL on BE to lock in profits and minimize losses.
• Trailing Stop Functionality: TrailingSL Start enables dynamic StopLoss movement once a profit threshold is reached.
• Pending Order Distance: OrderDistance setting determines the spacing of pending orders for optimal entries.
• Trade Identification & Comments: Uses Magic numbers and customizable trade comments for easy monitoring.

Why Choose Elusion EA MT4?

• Precise and Safe: Only one trade is open at a time with a StopLoss for capital protection.
• Breakout Accuracy: Trades based on market breakouts using advanced volatility and price range analysis.
• Easy to Use: Simple default settings allow beginners to start trading without complications.
• Optimized Performance: Low fees and minimal slippage ensure reliable execution and results.
• Flexible Risk Management: Adjustable lot size, risk percentage, and trailing stops help protect profits and limit losses.

Elusion EA MT4 Backtest Results

Elusion EA MT4 Backtest

🔺EURUSD – 12 months 

• Initial Deposit: $1,000
• Total Net Profit: $418.51 million
• Win Rate (% of total): 65.11%
• Maximum Drawdown: 7.44%

Elusion EA Backtest

What’s Included in the Download Package?

• Experts: Elusion EA_fix.ex4

>>> Join VIP Membership Now <<<

Conclusion

In summary, Elusion EA MT4 is a precise and reliable Forex trading robot, ideal for traders seeking safe, breakout-based strategies. Using advanced volatility and standard price range analysis, it executes trades only when optimal conditions are met, while keeping a single trade open with a small StopLoss for protection. Backtested with impressive results—over $418 million net profit on EURUSD and minimal drawdowns—Elusion EA MT4 combines simplicity, accuracy, and flexible risk management, making it a top choice for both beginner and experienced Forex traders.

>>> Reviewed by Jason Stap <<<